454 results for tag: Healthcare


Obamacare website scraped clean of ‘If you like your plan, you can keep your plan’ lie

Do you remember when President Obama promised “If you like your doctor, you can keep your doctor ? We do! But clearly it’s a line the Obama administration wants us to forget… The Weekly Standard has the details: "If you like your doctor, you can keep your doctor" was President Barack Obama's signature catchphrase he used to sell the Affordable Care Act to the American people. Now Obamacare's flagship website, healthcare.gov, no longer even addresses the issue. Ironically, the section in question was the first public (if indirect) admission by the Obama administration that the president's promise was less than a "guarantee." As THE ...

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...

Aetna reports financial difficulties, says its rethinking Obamacare participation

Representatives from major health insurer Aetna this week announced the company is rethinking its involvement in Obamacare due to financial woes – no doubt to the chagrin of Obama-administration officials. The Washington Examiner has the story: Aetna said Tuesday it will not expand in Obamacare markets next year and is "undertaking a complete evaluation of future participation in our current 15-state footprint." The reason is due to "significant structural challenges facing the public exchanges," Aetna said in an earnings release Tuesday. Aetna is the latest insurer to reveal financial headaches with Obamacare. Humana announced that it would ...

Golden State health-insurance premiums set to increase 13 percent

President Obama’s signature health-insurance law is forcing Americans already cash-strapped to tighten their proverbial belts even more as premiums in the so-called “Land of Milk and Honey” are set to increase even more. The Los Angeles Times has the story: Premiums for Californians’ Obamacare health coverage will rise by an average of 13.2% next year — more than three times the increase of the last two years and a jump that is bound to raise debate in an election year. The big hikes come after two years in which California officials had boasted that the program helped insure hundreds of thousands people in the state while keeping ...

Oregon Obamacare co-op shutting its doors

Yet another state exchange created in the wake of the passage of Obamacare has come tumbling down. State officials from the Oregon Health Co-Op announced last week the insurance company is closing its doors, leaving its registrants scrambling to find new health insurance before the end of July. The Daily Signal has the details: Oregon’s Health Co-Op was one of 23 co-ops that launched under Obamacare. The co-ops, or consumer operated and oriented plans, were intended to create competition and choice in areas of the country where consumers had few options. The 23 co-ops—not including Vermont’s co-op, which never opened its doors—received ...

Connecticut Obamacare co-op bites the dust

The so-called health-exchange co-ops created under Obamacare are continuing to tumble. The latest in the chain reaction is the Constitution State’s “HealthyCT” co-op, which is leaving thousands of state resident without health insurance as a result of closing its doors. The Daily Signal has the details: The Connecticut Insurance Department announced Tuesday that HealthyCT was placed under state supervision, leaving approximately 40,000 Connecticut residents to find new health insurance during the next open enrollment period. HealthyCT is the 14th co-op created under Obamacare to fail since the health care law’s exchanges opened in ...

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 ...