Posts Tagged ‘Healthcare’
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…
Read MoreTea 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…
Read MoreHealthcare 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…
Read MoreDeloitte 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…
Read MoreHealth-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…
Read MoreUnitedHealthcare 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.…
Read More