448 results for tag: Healthcare


Buyer beware: Administration lays out plan to use IRS data to rope young adults into Obamacare

The Obama administration this week announced plans to target prospective Obamacare enrollees by pulling IRS data on young people who paid the Obamacare penalty last year – all in an effort to drive premiums down for the so-called “frequent flyers” while driving expenses up for a younger demographic struggling with student-loan debt and fewer opportunities amid the Obama economy. The Washington Times has the scoop: Officials said people who were fined under the Affordable Care Act’s individual mandate can expect to receive a paper notice that explains their coverage options on the law’s web-based exchanges. The state of Massachusetts is ...

Study: Obamacare premiums to skyrocket

  A new report out this week says premiums on lower-cost “silver” Obamacare health-insurance plans will go up an average of 11 percent in 2017 – a steep increase amid a stagnant jobs market and staggering levels of national debt many financial analysts predict will become unmanageable in the near future. CBS News has the details: For consumers, the impact will depend on whether they get government subsidies for their premiums, as well as on their own willingness to switch plans to keep the increases more manageable, said the analysis released Wednesday by the nonpartisan Kaiser Family Foundation. The full picture on 2017 premiums ...

Study: Obamacare forcing people to take part-time jobs

Obamacare: It’s the silent job killer as more and more part-time jobs than full-time positions start popping up in local communities. Whether it’s the 35-hours-a-week posting for a new church secretary or 35-hours-a-week instead of 40 at the local coffee shop, hundreds of thousands of Americans nationwide are feeling the Obamacare pinch, according to a recent study from Goldman Sachs. The Washington Examiner has the details: In a research note sent out Wednesday, bank economist Alec Phillips concluded that "the evidence suggests that the [Affordable Care Act] has at least modestly elevated involuntary part-time employment." He wrote that a ...

Shocker! Obamacare health-insurance premiums on the rise

State health-insurance exchanges created as a result of Obamacare, like a row of dominoes, have come tumbling down in recent months – allegedly imploding under the increasing cost of healthcare and the lack of young, healthy signups. Now health-insurance prices for Obamacare are on the rise, according to a new study, but those increases will vary depending on location and the types of coverage included in one’s plan. The Washington Examiner has the scoop: An analysis by the firm Avalere of early rate filings in nine states found that insurers are proposing increases as high as 44 percent for some plans in Vermont, while actually proposing ...

Obamacare enrollee: “It’s going to be a monopoly, basically: ‘Here’s the price; take it or leave it’”

The Wall Street Journal recently published a story highlighting the departure of health-insurance companies from the imploding Obamacare marketplace. This to the detriment of the Obamacare-marketplace enrollees left behind in rural areas who – in many cases – have only a single option for their health-insurance carrier. Breitbart has the details: “The entire states of Alaska and Alabama are expected to have only one insurer on the health law’s signature online marketplaces next year, according to state regulators,” writes the Journal. “The same is expected to be true in parts of several other states, including Kentucky, Tennessee, ...

PBS’ Charlie Rose, Obama speechwriters laugh hysterically over “If you like your insurance, you can keep it” line

PBS’ Charlie Rose got chummy with former speechwriters under Obama David Litt, Jon Favreau and Jon Lovett to gush over their prosaic prowess and – apparently – make light of the infamous “If you like your healthcare plan, you can keep it” line that left millions of Americans betrayed by their commander in chief when that very promise turned out to be a falsehood. “Lovett wrote the line about, ‘If you like your insurance, you can keep it,’” Favreau said before the four men erupted in laughter. President Obama, according to the Washington Free Beacon, on 36 occasions said his signature health-insurance law would not force ...

Tea Party Patriots Applauds Court’s Decision Obama Administration Improperly Funded Cost Sharing Reduction Payments in Obamacare

ATLANTA, Ga - Tea Party Patriots co-founder and CEO Jenny Beth Martin released the following statement today reacting to a federal judge’s ruling in favor of the House’s Obamacare lawsuit challenging the funding of Cost Sharing Reduction payments. “Tea Party Patriots and our supporters have always believed Obamacare is unconstitutional and that the White House and its congressional enablers have broken laws, including the plain text of the statute itself, in order to prop up an unworkable law that is destined for failure. Today, a federal court has agreed that the Obama Administration has been ‘improperly funding’ Cost Sharing Reduction ...

Healthcare expert says some insurers could hike premiums by more than 10 percent

Those signing up for Obamacare are more so the “frequent fliers” than the young, healthy millennials the Obama administration was banking on to keep its disastrous health-insurance scheme afloat. Consequently, health-insurance companies are alleging they need to hike their premiums – some in excess of 10 percent, says one healthcare expert – to make up the difference and offset unexpected costs. The Washington Time has the details: The people signing up for Obamacare so far are sicker than expected, meaning insurers will have to raise rates to cover the costs, in what nonpartisan analysts said amounts to a “market correction.” Even ...

Deloitte executive: ‘A number of carriers need double-digit [premium] increases’ to make up for Obamacare losses

Obamacare is wreaking havoc on the profitability of health-insurance providers, some of whom anticipate double-digit increases to health-insurance premiums to make up for revenue shortfalls. POLITICO has the scoop: Just a week after the nation’s largest insurer, UnitedHealth Group, pulled out of most Obamacare exchanges because it anticipates $650 million in losses this year, Aetna’s CEO said Thursday that his company expects to break even, but legislative fixes are needed to make the marketplace sustainable. “I think a lot of insurance carriers expected red ink, but they didn’t expect this much red ink,” said Greg Scott, who oversees ...

Health-insurance prices expected to surge

Expect Obamacare health-insurance premiums to spike in the coming months as insurers like UnitedHealthcare exit the Obamacare marketplace. The Hill has the story: Many insurers have been losing money on the ObamaCare marketplaces, in part because they set their premiums too low when the plans started in 2014. The companies are now expected to seek substantial price increases. "There are absolutely some carriers that are going to have to come in with some pretty significant price hikes to make up for the underpricing that they did before,” said Sabrina Corlette, a professor at Georgetown University’s Center on Health Insurance Reforms, while ...