488 results for tag: Healthcare


Texas restaurateur closing sports bars because of Obamacare, says mandate ‘makes no sense’

The owners of a Fort Worth, Texas sports bar are closing their doors after five years in business, citing the burden of complying with Obamacare regulations as the straw that broke the camel’s back. “If we were to stay in business, there was no way for us to have borne the weight of the oppressive penalties for failing to comply with the mandates of that legislature. Therefore, another establishment goes out of business. Over fifty people lose their jobs. Suppliers and vendors lose the revenue of our account,” reads a statement from owners Bill and Johnnie Katz posted to Facebook Monday. The so-called Affordable Care Act requires ...

The doctor is in the house! Get to know Rep. Tom Price, President-elect Trump’s pick for HHS secretary

Who better to give recommendations on retooling health-insurance policy in America than a physician? Rep. Tom Price (R-Ga.), who President-elect Trump officially nominated Tuesday to head the Department of Health and Human Services, has a slew of proposed market-based solutions for our health-insurance woes, including individual tax relief intended to empower Americans to purchase health insurance that isn’t under government control. The Daily Signal has the commentary: Price has also proposed the creation of independent health insurance pools for more affordable coverage in the individual and small group markets, and also a change in the law ...

The future of Obamacare ‘insurer bailouts’ is not looking good

President-elect Donald Trump is bad news for insurance companies who hope that Congress will bail them out with changes to two Obamacare programs. The programs sunset at the end of this year, but conservatives are staying vigilant against the possibility that Congress will try to use the lame-duck session to give insurers more money. Insurance companies have spent millions lobbying lawmakers to keep the risk corridor and reinsurance programs. The Daily Signal reported: Conservative groups like Freedom Partners and Republican lawmakers have cautioned that the Justice Department could attempt to settle with insurance companies and tap into ...

Policy expert: President Obama planning ‘backdoor attempt’ to bail out insurers

President Obama is working on using a special fund to bail out insurers who claim they lost money on the Obamacare exchanges – a plan that bypasses the consent of Congress. National Review has the commentary: If it successfully executes this plan, the Centers for Medicare and Medicaid Services (CMS) will have circumvented Congress to secure a taxpayer bailout for insurers — directly contradicting Congress’s intentions as expressed by multiple spending bills, and possibly violating federal law. Currently, insurers are suing HHS for more than $2.5 billion promised them under ACA’s “risk corridor” program, which was designed to ...

Republican Congress has its sights set on Obamacare

Repealing Obamacare will sit atop the agenda come January, Senate Majority Leader Mitch McConnell said on the heels of President-elect Donald J. Trump’s victory. Newsweek has the story: "It’s a pretty high item on our agenda," Senate Majority Leader Mitch McConnell told reporters at a press conference in the Capitol Wednesday afternoon. "And I would be shocked if we didn’t move forward, keeping our commitment to the American people." "It is the single worst piece of legislation among many bad pieces of legislation passed in the first two years of the Obama presidency," added McConnell, who will maintain his post at the helm of the Senate ...

Policy expert: American middle class in ‘deep trouble’ over Obamacare premium increases

Americans enrolled in Obamacare will ring in the new year with Obamacare premium hikes whose deductibles under the silver plan – on average – are nearly $3,600 for singles nearly $7,500 for families. And, while those who make up to $47,080 will have help with their premiums, those who make more than $47,080 will have no help and be forced decide whether to drop their health insurance altogether. CNS News has the commentary: But a large chunk of the American middle class earns too much (more than 400 percent of the poverty level) to qualify for either the premium tax credits or the cost-sharing subsidies. If these persons don’t have, or ...

Daily Signal: Projected 2017 Obamacare deductibles ‘breathtaking’

Those who make slightly more than $47,000 a year aren’t eligible for a subsidy that would decrease one’s Obamacare premiums and, considering the shockingly high deductibles Obamacare enrollees face in 2017, it’s no wonder participants are avoiding the doctor’s office as recent reports allege. The Daily Signal has the details: For people enrolled in the health care exchanges, with annual incomes between 100 and 400 percent of the poverty line (between $11,770 and $47,080), the taxpayer subsidies will pick up a progressively larger share of the insurance premium costs as one goes down the income scale. For a person enrolled in the ...

Bill Clinton denies calling Obamacare ‘the craziest thing’ but check out this video

Former President Bill Clinton – after he was questioned by an audience member at a recent event – apparently denied an earlier statement in which he said out-of-control Obamacare premiums and diminishing coverage for those working overtime are “the craziest” thing. “That is not at all what I said. No? Oh, really? Go read it,” the former president said to the audience member. Let’s “go read” his earlier statement for ourselves, like the former president suggested. “So, you’ve got this crazy system where – all of a sudden – 25 million more people have health care, and then the people who are out there busting it, ...

Washington Examiner: Women’s Obamacare insurance will be ‘essentially worthless’

Women in general have a greater need for health insurance by virtue of their sex and likelihood of requiring pregnancy-related care and therefore shell out more money for health care than men do – something Obamacare was supposed to fix. Female enrollees, however, have apparently fallen victim to Obamacare architects who didn’t work into their equation the percentage of men who – in lieu of higher premiums – forego health insurance altogether. The Washington Examiner has the details: Post the ACA, insurance is now gender neutral, meaning you can't charge a woman more than you would charge a man for the same coverage. Like most of Obamaca...

Congressman: Obamacare ‘more than just another pile of broken promises’

Rep. John Ratcliffe (R-Texas), in the wake of the Obama administration announcing so-called Affordable Care Act insurance premiums will rise dramatically, recently echoed the sentiment Obamacare needs to be repealed in light of its ballooning premium increases. The Washington Examiner has the details: "Twenty-two percent," he said. "That's how much more the average mid-level Obamacare plan will cost next year." Ratcliffe said if people try to switch their plans, it will mean finding a new doctor. But it might be too difficult to switch plans at this point… "As you can see, Obamacare is more than just another pile of broken promises," ...