February 12, 2016 – 3:29 pm
Well, color me shocked (Winston Salem Journal) North Carolina’s largest health insurer is considering dropping coverage under the Affordable Care Act. The News & Observer of Raleigh reported that Blue Cross and Blue Shield expects to report its second consecutive financial loss as it deals with cost overruns. CEO Brad Wilson said Wednesday the company […]
February 1, 2016 – 7:29 am
If only someone had predicted that this would happen. Oh, wait, most opposed to Ocare did predict this. Heck, the Democrats who wrote this with their insurance company buddies predicted it, too, having included the notion of “risk corridors” in the massive bill. Risk corridors is the notion where it was expected that some providers […]
November 2, 2015 – 7:20 am
Where’s the “affordable” part? (Daily Caller) Obamacare premium costs will soar 20.3 percent on average in 2016 instead of the 7.5 percent increase claimed by federal officials, according to an analysis by The Daily Caller News Foundation. The discrepancy is because the government excluded price data for three of the four Obamacare health insurance plans when the […]
October 20, 2015 – 8:10 am
If you haven’t noticed, Obamacare co-ops are losing lots of money, and are not just on shaky ground, but are failing left and right and shutting down. Guess who the NY Times blames for this? A New Attack on Health Care Reform In recent months, several nonprofit insurance plans that were created to compete with […]
August 7, 2015 – 3:29 pm
Cost are much higher than anticipated or something (WRAL) Â North Carolina’s largest health insurer says higher-than-anticipated costs after two years of selling federally subsidized coverage has forced it to seek premium increases even greater than it thought would be necessary two months ago. Blue Cross and Blue Shield of North Carolina said Thursday that it […]
July 9, 2015 – 7:11 am
Some people have been complaining about these non-existent and mythical Death Panels. Huh (LA Times) Six years after end-of-life planning nearly derailed development of the Affordable Care Act amid charges of “death panels,” the Obama administration has revived a proposal to reimburse physicians for talking with their Medicare patients about how patients want to be […]
July 7, 2015 – 4:21 pm
Have you heard the news about all the health insurance company mergers? Isn’t there usually a freakout when Big Companies announce their intent to merge, complaints about a reduction in choice? Interestingly, when it comes to health insurance companies, and medical companies, merging, the news has been rather low key. I wonder why? The always […]
July 4, 2015 – 7:16 am
Those darned ultra-conservative Ocare haters at the ultra-rightwingnut NY Times Health Insurance Companies Seek Big Rate Increases for 2016 Health insurance companies around the country are seeking rate increases of 20 percent to 40 percent or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected. Federal officials […]
June 26, 2015 – 6:57 am
An interesting, albeit toothless, piece of legislation (The Hill) A House Republican on Thursday proposed forcing the Supreme Court justices and their staff to enroll in ObamaCare. Rep. Brian Babin (R-Texas) said that his SCOTUScare Act would make all nine justices and their employees join the national healthcare law’s exchanges. “As the Supreme Court continues […]
June 1, 2015 – 7:38 pm
Another day, another realization that Obama lied when he said rates would come down (WRAL)Â Blue Cross Blue Shield of North Carolina has asked state regulators for a 25.7 percent average rate increase on individual insurance plans purchased under the Affordable Care Act for 2016. Blue Cross Vice President and Chief Actuary Patrick Getzen said more […]
