455 results for tag: Healthcare


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 ...

UnitedHealthcare is kissing the Obamacare marketplace goodbye

UnitedHealthcare, with the exception of a few states, is exiting the Obamacare marketplace in 2017, the CEO announced Tuesday. The Hill has the details: The announcement, made by CEO Stephen Hemsley on an earnings call, follows up on the company’s statement in November that it was considering dropping out of ObamaCare due to financial losses. The moves by UnitedHealth, the nation’s largest health insurer, have drawn attention for what they could indicate about the sustainability of ObamaCare as a whole. The Obama administration has downplayed the importance of UnitedHealth, saying the insurer is a fairly small player in the marketplaces, ...

Heads up: These 8 Obamacare co-ops will probably fail this year

The health-insurance co-ops created under Obamacare are falling like dominoes, with eight of the remaining 11 likely to collapse within the year, according to analysis from an investigative reporter. The Daily Caller has the scoop: Twelve of the original 23 federally financed co-ops have already collapsed. The co-op program was funded with $2.5 billion in 2010. “In general, there’s not a turnaround in sight. The same problems that plagued them before are continuing,” Thomas P. Miller, senior fellow at the American Enterprise Institute who previously served as the senior health economist for the congressional Joint Economic Committee, told ...

Obamacare penalties hitting taxpayer’s wallet

For those who have filed their taxes this year, the cost of Obamacare is hitting home. Newsmax has the story: "While the Affordable Care Act has failed to bend down the cost curve of health insurance, it has increased taxes on families and businesses alike," [Freedom Partners Chamber of Commerce Senior Policy Advisor Nathan Nascimento] writes. "April 15 has been a dreaded date for decades — and it's only getting worse." According to Nascimento, annual premiums for Obamacare's low-cost bronze plans averaged $2,484 for individuals and $12,420 for families with three or more children. "If you don't think this pricier insurance is worth the ...