UnitedHealth to Leave All But Six Obamacare States

With the announcement by Covered California that UnitedHealth Group Inc. would be exiting its Obamacare exchange in 2017, the role of the nation’s largest health insurer in the Affordable Care Act (ACA) has now been reduced to six states. UnitedHealth on Tuesday informed its brokers that “at this time, we have filed to offer On-Exchange products” […]

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Insurers Seek Hefty 2017 Increases on Obamacare Policies

Stung by the reality of more older-sicker than younger-healthier customers signing up for their policies, Obamacare health insurers are seeking some whopping premium increases for 2017. From what’s publicly available, for example, Humana in Georgia is seeking a 65.2 percent increase, according to today’s Wall Street Journal. In nearby Florida, Blue Cross and Blue Shield […]

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Obamacare Insurers Pulling Out of Rural Areas

According to the Kaiser Family Foundation, 400 more U.S. counties will see their health insurance options whittled down to just one provider in 2017. In 2016, insurers pulled out of 225 counties, and next year the total is expected to rise to as many as 650. In those counties, consumers will have no option but […]

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Federal Judge Rules Obamacare Payments Unconstitutional

A federal judge has sided with House of Representative Republicans in a lawsuit challenging the constitutionality of unappropriated funds totaling some $175 billion being transferred over 10 years to insurers under the Affordable Care Act (ACA). U.S. District Judge Rosemary Collyer issued the ruling but put it on hold pending appeal. “None of the Secretaries’ […]

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UnitedHealth Makes It Official: Obamacare Withdrawal Underway

UnitedHealth Group Inc., the nation’s largest health insurance firm, has announced it plans to withdraw from all but “a handful” of Obamacare states in 2017 as it faces losses from the program rising to $650 million this year. UnitedHealth currently insures 795,000 Obamacare enrollees in 34 states, but CEO Stephen J. Hemsley says “the shorter-term, […]

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UnitedHealth Bailing on Third Obamacare State

This time it’s a biggie: UnitedHealth Group Inc., the nation’s largest health insurance firm, is pulling out of the Obamacare sweepstakes in Michigan, the largest state so far that it’s bailed from in the face of $500 million in yearly losses from the national program. Earlier, the company had withdrawn from Arkansas and Georgia amid […]

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Obamacare Six Years Later: Medicaid Enrollment Swells

Six years after passage of the Patient Protection and Affordable Care Act (PPACA, aka “Obamacare”), the ranks of Medicaid and Children’s Health Insurance Program (CHIP) recipients have swelled, while enrollees on the federal and state health insurance exchanges have missed the official target by millions. Such is the conclusion of a study just released by […]

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Obamacare Turns 6 Today

It was six years ago today, on March 23, 2010, that the president signed into law his namesake legislation, the Patient Protection and Affordable Care Act (PPACA), commonly — but not always affectionately — known as Obamacare. In commemoration of the anniversary, the Department of Health and Human Services (HHS) has been running a series […]

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Obamacare Sign-Ups Fall Short of Goal for 2016

On Dec. 31, 2015, about 8.8 million consumers had effectuated Health Insurance Marketplace coverage -– which means those individuals had paid their premiums and had an active policy at the end of December, the Centers for Medicare and Medicaid Services (CMS) announced. The original goal was 9.1 million paying customers. Of the approximately 8.8 million […]

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Obama’s 2017 Budget Pushes Continued Medicaid Expansion

Though it’s been labeled pretty much dead on arrival, President Obama’s budget for 2017 includes a request for funds to allow new states to expand their Medicaid rolls under the Affordable Care Act (ACA) with a two-year free ride. The original ACA provision allowed states in 2014 to get full federal funding for two years […]

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