887 results for search: business


Business Insider: ‘Americans’ out-of-pocket healthcare costs are skyrocketing’

Obamacare proponents are quick to point to the relatively slow rise in premium increases of employer-sponsored health-insurance plans as a way of dismissing those frustrated by the president’s signature health-insurance law. These same critics, however, fail to consider the hidden costs of Obamacare in out-of-pocket medical expenses like deductibles, which have spiked in recent years. Business Insider has the details: In 2016, 83% of workers have a deductible — an amount that they have to pay themselves for medical care before insurance covers it — with an average of $1,478. The average deductible for workers has gone up $486, or 49%, since ...

Big-Five health insurer Aetna abandoning majority of Obamacare business

Aetna – one of the five largest health-insurance companies in the nation – is cutting its losses and terminating its business in the majority of the counties in which it offers Obamacare coverage. Business Insider has the details: The firm said that after a review of its public-health-exchange business it determined that the nearly $300 million in pretax loss it was sustaining on an annual basis was not worth the business. In its new plan, it will offer healthcare options through the public exchanges in just 242 of the 778 counties where it now operates. These will be mainly in Delaware, Iowa, Nebraska, and Virginia...

Survey: Majority of small-business owners report paying higher health-insurance premiums

Obamacare is not a champion for the little guy, as a new survey reveals the burden of Obamacare on small businesses is greater than ever. The Washington Examiner has the details: A majority of small business owners paid higher health insurance premiums last year, according to an industry-backed survey that raises doubts that Obamacare is helping small businesses. A survey from the National Federation of Independent Business found that 63 percent of small business owners surveyed reported higher premiums from July 2014 to July 2015. Nearly 60 percent of those experiencing higher premiums reported increases of more than 10 percent. The small ...

Congress’ ObamaCare Exemption May Cause Political Trouble At Home (Jenny Beth Martin Op-Ed in Investor’s Business Daily)

Did the Internal Revenue Service just blow Congress' cover? Because what the IRS just did is going to ensure that an awful lot of small-business owners (every member's favorite politically approved special interest) find out something Congress wants very much to keep hidden — its special exemption from ObamaCare. Beginning on July 1, the IRS started imposing a penalty on small-business ... Read More At Investor's Business Daily: http://news.investors.com/ibd-editorials-perspective/070915-761020-irs-rules-force-small-businesses-to-pay-penalties-but-not-congress.htm#ixzz3inUe85G9

Patriot Act Renewal: Senate Overwhelmingly Votes To Proceed (International Business Times – Ginger Gibson)

WASHINGTON -- The Senate voted overwhelmingly Tuesday to allow a measure that would renew key parts of the now-expired Patriot Act, a controversial bulk phone data collection program that expired earlier this week... Continue here.

Neil’s Spiel: Republicans losing their budget soul? (Fox Business – Jenny Beth Martin Interview with Neil Cavuto)

Watch the latest video at video.foxbusiness.com National Review reporter Katherine Timpf, Tea Party Patriots Founder Jenny Beth Martin and FBN’s Neil Cavuto on concerns the Republican Party is not sticking to the push to rein in spending...Continue here.

The Reagan Agenda is Back in Business

It may not be morning in America quite yet, but I think we can see rosy-fingered dawn peeking over the horizon. Last month, Ted Cruz stepped up. Last week, Rand Paul stepped up. Last Monday, Marco Rubio stepped up. Their arrival may not be the second coming of Ronald Reagan, but it’s the second coming of the Reagan coalition. Does anybody make the case for traditional values more cogently than Ted Cruz? Does anybody confront overweening government more consistently than Rand Paul? Does anybody summon the themes of American patriotism more evocatively than Marco Rubio? Family values. Limited government. American exceptionalism. Those are the ...

Election 2016: Can Ted Cruz Win The Conservative Mantle? (International Business Times – Ginger Gibson)

- If Ted Cruz wants to win the Republican primary, first he’s going to have to win an internal battle in the GOP’s right wing to be the conservative candidate of choice... Continue here.

Taxpayer Watchdogs Urge Members to Protect RAC Program: Program is Highly Effective Anti-Medicare Fraud Tool (Business Wire)

Today, the Council for Citizens Against Government Waste (CCAGW) was joined by five organizations in a letter to members of the House Ways and Means and Senate Finance Committees, urging them to protect the Recovery Audit Program (RAC) from further meddling when Congress considers legislation regarding Medicare sustainable growth rate (SGR) patch, or “doc fix.” The Centers for Medicare and Medicaid Service’s (CMS) RAC program is a highly effective post-payment auditing tool that has been largely sidelined by CMS, allowing billions in improper payments to providers to be made. Co-signatories to the letter are: Tom Schatz, President of the Council ...

Texas Small Businessman: “225% Increase Is Not Cheaper”

“Common sense. Where’s the common sense?” asked Todd, a sole proprietor of a small company who is trying to cope with all the cost increases from Obamacare. Since the passage of the Affordable Care Act, the Texas resident has seen his premiums skyrocket, and the worse is yet to come. “My independent health insurance that I carry for me and my family would be considered the bronze equivalent of Obamacare. My insurance rate has increased 225% in the past four years,” shared Todd. “It was running about $400 a month. Now, it is up to $900 a month [with a $4,000 deductible].” While his carrier has not given any indication of ...