Obamacare Is Making Nat’l Healthcare Affordability Worse Than It Was

OBAMACARE IS MAKING NAT’L HEALTHCARE AFFORDABILITY WORSE THAN IT WASp10article185827whp.jpg

ㅤ"A primary argument made for passing the Affordable Care Act (ACA, or so-called ‘Obamacare’) was that only such an expansion of the federal role in healthcare could successfully slow the growth of national health costs and thereby avert fiscal disaster. During the first few years after the law’s enactment, many of its supporters contended it was already accomplishing this, which other analysts strongly disputed. But more recently a quiet consensus has overtaken the former controversy: thus far the ACA’s cost-containment mechanisms are failing, and the net effect of the law has been to make our national healthcare affordability problem worse than it was…"

Full story at CNS News, image from cnsnews(.com) – 5/10/18. See "aca, obamacare."ㅤHome

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Obamacare premiums spike feared after Democrats balk at GOP stabilization bill

OBAMACARE PREMIUMS SPIKE FEARED AFTER DEMOCRATS BALK AT GOP STABILIZATION BILLㅤp27article202311wp.png
Pictured: Maryland Gov. Larry Hogan

ㅤ”Congress failed to tamp down Obamacare premiums in last week’s spending bill, shifting the burden onto states, where governors and legislatures are facing growing pressure — but few good options — to bring down rates before companies finalize their 2019 prices.”


Full story at The Washington Times, image from marfeel(.com) – 3/27/18. Tags: aca, obamacare, individual mandate, conservative. 𑗉

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Seema Verma previews Medicare agenda

SEEMA VERMA PREVIEWS MEDICARE AGENDAㅤp23article133853wp.jpg
Pictured: Seema Verma

ㅤ”The CMS administrator on Thursday offered a high-level preview of upcoming Medicare payment regulations, with an eye toward ensuring ‘sustainability of the program,’ Verma told POLITICO’s Rachana Pradhan and other reporters.”


Full story at Politico, image from politico(.com) – 3/23/18. Tags: seema verma, medicare, aca, medicaid. 𑗉

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Aetna’s profits soar as company forecasts higher earnings due to GOP tax law

ㅤㅤAETNA’S PROFITS SOAR AS COMPANY FORECASTS HIGHER EARNINGS DUE TO GOP TAX LAWp30144719.jpg

ㅤ”The result was in part because of higher yields in its commercial and government businesses, meaning partnerships like Medicare and Medicaid.
ㅤAetna significantly scaled back its participation in the Obamacare exchanges for 2017 and withdrew completely in 2018.
ㅤFor 2018, Aetna reported it expects to increase gross adjusted earnings by about $800 million in 2018 because of the Republican tax bill signed into law by President Trump, which lowers the corporate tax rate.”

ㅤô¿ô …This is HUGE. Pehaps Aetna will make a complete come back to the Obamacare exchanges. Maybe even lower premiums. Wow !!


Full story at The Washington Examiner, image from washingtonexaminer(.com) – 1/30/18.

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The Obamacare individual mandate is repealed. Here’s what’s next

ㅤ”Republicans have long charged that the CBO overestimates the number of people who would go without coverage if the mandate disappears. Some Republicans have said that the mandate has never been a key driver of enrollment, pointing to the poor financial performance of Obamacare insurers and rising prices over the past few years.
ㅤSen. Bill Cassidy, R-La., said this month he believes the CBO ‘lost any credibility’ over insurance coverage numbers because the coverage estimates due to the mandate repeal were far off.”


Full story at The Washington Examiner, image from turner.com (aca, obamacare, mandate, repeal) – 1/14/18

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CBO to lower estimate of uninsured caused by repeal of Obamacare mandate

ㅤ”The Congressional Budget Office has found that the repeal of Obamacare’s individual mandate, which requires people to have health insurance or pay a fine, will result in fewer people becoming uninsured than it had projected.”

ㅤô¿ô …Polls show that only 0.002% of Americans were surprised by this.

Full story at The Washington Examiner, image from homehealthcarenews.com (aca, obamacare) – 1/10/18.

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Latest Obamacare Taxes Just Went Into Effect and Nobody Said A Word

ㅤ”The tax is levied on all health insurance providers that offer full coverage plans, which means consumers both on and off the Obamacare marketplace can expect some premiums increases as a result of HIT.”

Full story at The Daily Caller, image from dailycaller.com. (aca, health insurance, healthcare, insurance payments, insurance rates, obamacare, premiums, health insurance tax, hit) 1/3/18ㅤHome

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Passing Tax Reform Offers Republicans Another Shot to Repeal Obamacare


ㅤPictured: Rep. Dave Brat (R-VA)

ㅤ”Speaker Paul Ryan signaled that next year he wants to tackle entitlement reform, while Senate Majority Leader Mitch McConnell suggested that Republicans should move on from repealing Obamacare. Republicans will only have a one-seat majority in the Senate in 2018, which will make more contentious issues such as welfare reform and Obamacare repeal less politically viable, although some conservatives have argued that Republicans should focus on repealing Obamacare.
ㅤRep. Dave Brat, a member of the House Freedom Caucus, contended, ‘When I go back home, the No. 1 issue, by far, is still ObamaCare and major health-care reform that’s needed to bring these skyrocketing premiums to an end.'”

Full story at Breitbart, image from gettyimages(.com) • aca, congress, dave brat, freedom caucus, house, house republicans, mark meadows, meadows, obamacare, senate, senate republicans, senators, u.s. congress ㅤ Home

FACT CHECK: Did Obamacare Have A Record Number of Sign-Ups For 2018 Open Enrollment?

ㅤ”About 8.8 million people signed up for 2018 health coverage on Healthcare.gov during this year’s open enrollment period ending Dec. 15, compared to 9.2 million sign-ups for 2017 coverage and 9.6 million for 2016 coverage.”

ㅤô¿ô …Verdict: False.

Full story at Check Your Fact, image from homehealthcarenews(.com) • aca, obamacare, adam hodge ㅤ Home

2018: What’s Next for Obamacare

ㅤ”The Tax Cuts and Jobs Act repealed the Affordable Care Act’s individual mandate. Obamacare mandated that Americans who forgo health insurance would have to pay $695 or 2.5 percent of their income, whichever is larger. The Internal Revenue Service (IRS) found that 80 percent of those who pay the Obamacare mandate fine make less than $50,000 a year, making the mandate’s repeal a huge middle-class tax cut.”

Full story at Breitbart, image from breitbart(.com) • aca, jobs, labor force, middle class, middle income, obamacare, tax cuts, tax rates, tax reform, taxes, workforce, working class, mandate, medicaid ㅤ Home

Trump: GOP tax bill essentially repeals ObamaCare

ㅤ”‘When the individual mandate is being repealed, that means ObamaCare is being repealed,’ the President said during a Cabinet meeting at the White House. ‘We have essentially repealed ObamaCare and we will come up with something much better.'”

ㅤô¿ô …Repeal of the mandate should not have significant effect. Obama’s IRS was not enforcing the mandate. Obamacare has deeper problems that still must be addressed.

Full story at The Hill, image from homehealthcarenews(.com) • aca, donald trump, obamacare, potus, president, trump, individual mandate ㅤ Home

Mitch McConnell is confident the Senate will pass tax reform either late tonight or early tomorrow

ㅤ”‘We are on the cusp of a great victory for the country and particularly small business,’ Mitch McConnell said at an event featuring small business owners praising the GOP tax plan.”

Full story at The Washington Examiner, image from washingtonexaminer(.com) • aca, obamacare, senate, senate republicans, tax cuts, tax rates, tax reform, taxes, u.s. congress

McConnell: Senate tax bill will include repeal of ObamaCare mandate


ㅤPictured: Tom Cotton (Ark.)

ㅤ”It will raise an estimated $300 billion to $400 billion over the next year that could be used to pay for lowering individual and business tax rates even further.”

ㅤô¿ô …No…Cotton is not Nancy Pelosi’s grandson.

Full story at The Hill, image from amazonaws(.com) • aca, obamacare, tax cuts, tax rates, tax reform, taxes, john thune, ted cruz, rand paul, tom cotton, conservative, politics

Susan Collins points to elections as evidence of need to fix Obamacare

ㅤô¿ô …Collins has been right all along. Hopefully the President and the GOP are admitting their mistake. As the saying goes, once an entitlement is in place, it can’t be terminated.

Full story at The Washington Examiner, image from washingtonexaminer(.com) • aca, health insurance, healthcare, medicaid, obamacare, susan collins, conservative, politics

CBO says repealing Obamacare’s individual mandate penalties would save $338 billion

ㅤ”Obamacare’s individual mandate obligates that people purchase health insurance or pay a fine. Proponents say that it is needed to help bring healthier customers into Obamacare’s exchanges to help keep costs down for the pool. Opponents say it has not been effective in achieving this outcome.”

Full story at The Washington Examiner, image from washingtonexaminer(.com) • aca, cbo, congressional budget office, keith hall, medicaid, obamacare, tax reform, conservative, politics

Trump readies executive order to unravel Obamacare’s individual mandate

ㅤ”An executive order is sitting with the Office of Management and Budget waiting for approval. President Trump decided to delay the executive order after Sen. Tom Cotton, R-Ark., pushed for the inclusion of the individual mandate repeal in the tax bill.”

Full story at The Washington Examiner, image from homehealthcarenews(.com) • aca, donald trump, healthcare.gov, obamacare, obamacare exchanges, obamacare plans, potus, president, repeal and replace • Go here to reblog this post (browser only).

Lara Trump Promises to Save Americans From the Skyrocketing Premiums That Trump Caused

Pictured: Trump daughter-in-law Lara Trump

ㅤô¿ô …Gary Legum is either a scumbag or a complete moron. By the the tone of this op-ed, he is also suffering a hangover from the previous night’s binge.
ㅤInsurance company losses and obamacare premiums have been “skyrocketing” for the last three years.

Full story at The Independent Journal Review, image from ijr(.com) • aca, healthcare.gov, lara trump, obamacare, obamacare exchanges, obamacare plans, repeal and replace, gary legum • Go here to reblog this post (browser only).

Losses continue for Aetna in Obamacare business

ㅤ”Aetna will not be selling Obamacare plans during this year’s Obamacare open enrollment, which begins Wednesday for plans that will go into effect in 2018.
ㅤThe company has been gradually withdrawing from the Obamacare exchanges. It had decided to pull out of the exchanges in other states because it lost $700 million between 2014 and 2016 and was projected to lose $200 million in 2017 despite having already significantly reduced its participation in the exchanges from 15 to four states.”

Story at The Washington Examiner, image from workingmother(.com) • aca, aetna, exchanges, mark bertolini, obamacare, obamacare exchanges, obamacare plans, repeal and replace • Go here to reblog this post (browser only).

Obamacare premiums rise, insurance choices dwindle

ㅤ”The latest report, prepared by the Office of the Assistant Secretary for Planning and Evaluation, found that a 27-year-old who buys a mid-level plan, known as a silver plan, and does not receive a subsidy from the federal government will pay an average of $4,932 in premiums for 2018. In 2017, someone with that profile paid $3,600 in premiums for the year, and in 2016, they paid $2,904.”

Story at The Washington Examiner, image from homehealthcarenews(.com) — aca, healthcare.gov, obamacare, repeal and replace — Go here to reblog this post (browser only).

Can Obamacare survive without Obama there to prop it up?

ㅤ”Obama oversaw three open enrollment seasons. During that time he made numerous administrative moves to ensure Obamacare’s success, such as delaying the end of open enrollment several times, creating special enrollment periods for people to sign up outside of the designated timeframe, and propping up smaller insurers called co-ops. He allowed people to sign up for plans that did not comply with Obamacare’s mandates and authorized insurer funds known as cost-sharing reduction subsidies, a move that a federal judge ruled illegal because they weren’t appropriated by Congress.
ㅤObama’s departure, and subsequent arrival of an administration not as interested in the law’s success, leaves open the question of whether Obamacare can succeed without a massive lift from the White House.
ㅤThe law struggled despite Obama’s actions. A sicker-than-expected risk pool caused by not enough younger and healthier people signing up contributed to hundreds of millions of dollars in losses for most insurers in the exchanges, leading to exits and price increases for 2017.”

Story at The Washington Examiner, image from townhall(.com) — aca, donald trump, insurance payments, insurance rates, insurer payments, insurer subsidies, obamacare, potus, president, repeal and replace, subsidy payments, open enrollment — Go here to reblog this post (browser only).

Ending Obamacare Subsidies Will Lower Premiums, Health Care Experts Say

ㅤ”The Washington Post, ABC News, and others failed to mention that while health insurers will no longer receive billions of dollars in taxpayer-funded subsidies, those same 2 in 10 consumers facing increased rates will also have more health insurance coverage options, thanks to the President signing an executive order allowing them to purchase their coverage across state lines.
ㅤThis move, according to conservative healthcare policy experts, will actually result in lower premiums.”

Story at The Daily Caller, image from homehealthcarenews(.com). — #aca #donald trump #health care #health insurance #healthcare #insurance payments #insurer payments #insurer subsidies #obamacare #potus #president #repeal and replace #subsidy payments — Visit the post page to like, share or reply to this post.

Judge denies emergency order to force continued Obamacare subsidy payments


Judge Vince Chhabria

ㅤ”U.S. District Court Judge Vince Chhabria ruled Wednesday against an emergency order to require that the payments continue to be made while a lawsuit filed by 18 states and the District of Columbia over the so-called cost-sharing reduction payments works its way through the courts.”

Story at Politico, image from newsindiatimes(.com). #aca #california #insurance payments #insurer payments #insurer subsidies #obamacare #repeal and replace #subsidy payments #judge vince chhabria — Visit the post page to like, share or reply to this post.

CBO: Obamacare stabilization plan would have little effect on premiums, insurance rates

ㅤ”The bipartisan Senate bill that would help to stabilize Obamacare is estimated to reduce the federal deficit by $3.8 billion from 2018 to 2027 but would not significantly reduce the number of people who are uninsured or affect the price of premiums, according to a report released Wednesday by the Congressional Budget Office and the Joint Committee on Taxation.”

Story at The Washington Examiner, image from homehealthcarenews(.com). #aca #alexander-murray #cbo #congressional budget office #insurance payments #insurance rates #insurer payments #insurer subsidies #lamar alexander #obamacare #patty murray #repeal and replace #subsidy payments #senate — Visit the post page to like, share or reply to this post.