April 25, 2016 – 7:01 am
What happens when you create a law that artificially attempts to control up front costs, which sees people who are mostly sicker and older enroll rather than the young and healthy? (The Hill) Health insurance companies are laying the groundwork for substantial increases in ObamaCare premiums, opening up a line of attack for Republicans in […]
April 20, 2016 – 8:07 am
As it stands, there are only a handful of established health insurance companies that participate in Obamacare to start with. The co-ops are flatlining, and the tiny players created by Ocare are likewise having issues. Other big companies have dropped out, are considering dropping out, or are looking to reduce their participation. (Fox News) The […]
March 3, 2016 – 8:09 am
Interestingly, the plan includes neither a mandate nor shoots for single payer (Fox News) After months of promising to repeal ObamaCare, but failing to spell out how — and what would replace it — Republican presidential candidate Donald Trump finally revealed some specifics Wednesday night, including doing away with the individual mandate that requires everyone […]
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 […]