With Enrollment Soon Closing, Obamacare Sign-ups Reach 4.7 Million

Friday (Dec. 15) is the end of this year’s open enrollment at HealthCare.gov, and the latest tally shows that 4.7 million people have so far signed up for Obamacare health insurance policies. In 2016, a total of 9.2 million enrolled, but that sign-up period stretched into January of this year. Of the 4,678,361 million who […]

Read the rest of this entry »
GoTo top Top

Health Care Spending Slows Nationally, Rises Individually

The Centers for Medicare and Medicaid Services (CMS) reported on Dec. 6 that health care spending in 2016 slowed its growth rate, whereas individuals’ out-of-pocket costs rose. In 2016 health care expenditures reached $3.3 trillion, an increase of 4.3 percent, following two years of rapid growth during the first years of the Affordable Care Act […]

Read the rest of this entry »
GoTo top Top

Obamacare Enrollment Reaches 3.6 Million in Latest Tally

As of Saturday, Dec. 2, Obamacare enrollment on the federal marketplace had reached 3.6 million with two weeks remaining before open enrollment closes on Dec. 15. A total of 823,180 people during the week ending Dec. 2 signed up for an insurance plan sold on HealthCare.gov, which serves most of the United States, according to  […]

Read the rest of this entry »
GoTo top Top

GOP Adds Obamacare Mandate Repeal to Senate Tax Bill

Eyeing to save $300 billion over 10 years to help finance individual tax cuts, Senate Republicans on Tuesday (Nov. 14) added repeal of the Affordable Care Act (ACA, or Obamacare) individual mandate to its tax legislation. The move also allows tax writers to up the child tax credit to $2,000, a goal of First Daughter […]

Read the rest of this entry »
GoTo top Top

IRS to Start Issuing Obamacare Penalty Letters to Employers Next Month

President Trump may be beating the drum to end the Obamacare individual mandate with looming tax reform legislation (to little avail so far), but the Internal Revenue Service (IRS) is already gearing up to enforce both that mandate and the employer shared responsibility mandate for businesses with 50 or more employees. The agency announced it […]

Read the rest of this entry »
GoTo top Top

Humana Becomes Casualty of Obamacare, Drops Out

Health insurance giant Humana is cutting 1,300 positions, offering early retirement to another 1,150 employees and suing the Department of Health and Human Services (HHS) for breach of contract over the Obamacare risk corridor provision, as it exits from offering insurance under the Affordable Care Act (ACA). Humana currently offers Obamacare policies in 156 counties […]

Read the rest of this entry »
GoTo top Top

Obamacare Open Enrollment Numbers Surge

On the first day of open enrollment for Obamacare health insurance policies — Nov. 1 — some 200,000 people signed up on HealthCare.gov, double the number from 2016, according to reports in various media sources including The Hill and The Washington Post. In addition, some 1 million visited the website, up from 750,000 a year […]

Read the rest of this entry »
GoTo top Top

House Reauthorizes CHIP, But Senate Fate Uncertain

The Children’s Health Insurance Program (CHIP), a Clinton-era initiative that ran out of funds on Sept. 31, has been reauthorized by a 242-174 vote in the House of Representatives, but now faces an uncertain fate in the Senate, where some of the bill’s provisions are viewed askance. The reason for resistance by some senators: The […]

Read the rest of this entry »
GoTo top Top

HHS Issues Statistical Report on HealthCare.gov

The Department of Health and Human Services (HHS) has issued a report “on qualified health plans (QHPs) available in the Exchange for states that use the HealthCare.gov platform, including estimates for issuer participation, health plan options, premiums, and subsidies in the upcoming open enrollment period (OEP), and trends since the first OEP.” In a nutshell, […]

Read the rest of this entry »
GoTo top Top

Federal Judge Declines to Block Trump’s Obamacare Subsidies Order

Saying the lawsuit by California and 17 other states would be “counterproductive,” an Obama-appointed federal judge in San Francisco has declined to order President Trump and his administration to restore cost-sharing reduction (CSR) payments to Obamacare insurers. U.S. District Judge Vince Chhabria noted: “State regulators have been working for months to prepare for the termination […]

Read the rest of this entry »
GoTo top Top