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Keyword: obamacarepremiums

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  • Healthcare Premiums Would Absolutely Explode If Today's Obamacare Ruling Stands!

    07/22/2014 9:42:04 AM PDT · by SeekAndFind · 51 replies
    Business Insider ^ | 07/22/2014 | Brett LoGiurato
    A federal appeals court on Tuesday dealt a setback to the Affordable Care Act, ruling that premium subsidies provided through the federal health exchange in 36 states are invalid under the writing of the law.Here's the practical effect of the ruling, if it withstands the rest of the legal process: More than 5 million, generally low-income Americans who received tax credits through the federal exchange to purchase health insurance would see their premiums explode.Avalere Health, an independent healthcare firm, released an analysis last week showing that individuals who received premium subsidies for health insurance would see a premium hike of about...
  • Obamacare bad now, but it will be far worse later

    07/05/2014 12:22:24 PM PDT · by Brad from Tennessee · 22 replies
    Las Vegas Review ^ | July 3, 2014 | By STEPHEN PARENTE
    Nevada, buckle up. Over the next few months, you’ll learn how much your health insurance premiums will go up for next year. The early evidence isn’t good — the percentage increase could be in double digits. But that’s nothing compared with what you’ll face in 2017. In May, I released a comprehensive study showing how the Affordable Care Act will likely play out over the next few years. The diagnosis isn’t good. First, the short version. In two years, the ACA’s structural problems will lead to substantial premium increases. Once that happens, Nevadans will likely leave the insurance market in...
  • New York Healthcare Premiums Are About To Explode ('Tithing' to support ObamaCare ain't cheap!)

    07/03/2014 8:27:23 AM PDT · by NormsRevenge · 11 replies
    Yahoo Finance ^ | 7/3/14 | Brett LoGiurato - Business Insider
    Insurance companies operating in New York State's marketplace are expected to ask for double-digit premium hikes next year, according to new filings from the companies. Capital New York reports the average requested increase was 13%. The New York Post reports that number at about 12%. But the bigger insurers are seeking a bigger premium hike — according to Capital, the six most popular plans in New York are requesting an average increase of almost 15%. The Post reports that Excellus Health Plan, which has about 24,000 customers, is requesting a 19.7% hike. MVP Health Plan, which has nearly 33,000 customers,...
  • New York insurers seek 12- to 20-percent hike in Obamacare premiums

    07/03/2014 7:56:34 AM PDT · by Oldeconomybuyer · 19 replies
    The Washington Times ^ | July 3, 2014 | By Cheryl K. Chumley
    Insurance companies that feed into New York’s health exchange system for Obamacare are requesting hikes to patient premiums that are in the double-digits, a New York Post investigation found. The average increase that insurers are considering for 2015 is 12 percent, the newspaper reported. But a large number of these insurers actually want to boost premium payment costs on patients by 20 percent. The rate hikes are curious, the New York Post noted, given the stated goal of Obamacare to rein in runaway medical costs. Insurers, however, blamed the premium increases directly on Obamacare.
  • Report: Many Obamacare Customers Will Have To Switch Plans Or Face Skyrocketing Costs

    06/27/2014 12:54:41 PM PDT · by SoFloFreeper · 31 replies
    Daily Caller ^ | 6/26/14
    Most Obamacare customers will face serious premium hikes next year unless they change their health insurance again, according to a Thursday study from Avalere Health. Most Obamacare customers are receiving some level of taxpayer subsidies to take the edge off high premium rates, but the plans that determine the amount of subsidies available will be changing significantly, according to Avalere.
  • 3,137-County Analysis: Obamacare Increased 2014 Individual-Market Premiums By Average Of 49%

    06/20/2014 6:13:25 AM PDT · by TigerClaws · 6 replies
    There are hundreds of aspects of Obamacare that people argue over. But there’s one question that matters above all others: does the Affordable Care Act live up to its name? Does it make health insurance less expensive? Last November, our team at the Manhattan Institute published a study indicating that Obamacare had increased the underlying cost of individually-purchased health insurance in the average state by 41 percent in 2014, relative to 2013. We’ve now redone the study on a county-by-county basis, complete with a brand-new interactive map. Depending on where you live, the results may surprise you.
  • Why did Democrats give Obamacare an annual marriage tax of up to $11,028 per couple?

    06/10/2014 7:36:39 AM PDT · by grundle · 10 replies
    wordpress ^ | November 13, 2013 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog Why did Democrats give Obamacare an annual marriage tax of up to $11,028 per couple? In front of the U.S. Supreme Court, the Obama administration argued that Obamacare is a tax.According to the Obamacare calulator, Obamacare places an annual tax on married couples for being married instead of single. The amount of this tax depends upon the ages, incomes, and parental status of the married couple.According to the Obamacare calculator, the extreme case of this tax occurs with a 60-year-old married couple with no children, where the two spouses have identical incomes totaling $62,041 per year....
  • EDITORIAL: Obamacare’s October surprises

    06/08/2014 6:40:23 AM PDT · by Innovative · 47 replies
    Washington Times ^ | June 8, 2014 | Washington Times Editorial
    In Vermont, the rate increases announced Monday range from 9.8 percent to 18.3 percent. Kentuckians will pay up to 17 percent more in 2015, and in Virginia rates will rise as much as 22 percent. These increases are the direct result of the Obamacare scheme to make health care “more affordable,” and the increases could have a considerable impact on the November congressional elections. The state-by-state drip, drip, drip of bad news for Democratic candidates can be good news for the rest of us if it encourages voters to shake up Washington. The shake-up starts with getting the government out...
  • (Obamacare) Premium hike drumbeat before November Election Day

    05/22/2014 5:39:08 AM PDT · by maggief · 10 replies
    The Hill ^ | May 22, 2014 | Elise Viebeck 
and Pierre de Dreuzy
    States are nailing down dates to release 2015 premium costs under ObamaCare, and their decisions will guarantee a drumbeat of news about rate hikes all the way to the November midterm elections. Democrats are bracing for grim headlines that could put the unpopular law back at the forefront of voters’ minds. Premiums are expected to go up in a majority of states, as they do every year, but the size of the increases could go a long way toward determining how much political damage Obama-Care inflicts on vulnerable Democratic lawmakers. A survey by The Hill of state insurance commissioners found...
  • Thousands have not paid premiums for Cover Oregon health policies, placing coverage at risk

    05/16/2014 10:24:30 AM PDT · by Oldeconomybuyer · 24 replies
    The Oregonian ^ | May 15, 2014 | by Nick Budnick
    A large number of people who've signed up for private health insurers through the Cover Oregon health insurance exchange have not paid their first month's premiums, meaning they are at risk of going without coverage through November. "I've already had clients not pay and lose their coverage," says Lisa Lettenmaier, who owns the health insurance brokerage Health Source NW in Tigard. "It's imperative for people to pay their premiums on time." More than 81,000 people went through through Cover Oregon – either through paper or electronic applications—to select a private health plan. Of those, 5,000 have already cancelled policies or...
  • Big Increases in Obamacare Premiums and Deductibles Coming in November

    05/15/2014 3:51:52 AM PDT · by markomalley · 5 replies
    Fiscal Times ^ | 5/15/2014 | Edward Morrissey
    The Obama administration postponed a portion of the employer mandate in the Affordable Care Act in order to avoid paying the political consequences of a market disruption in the group insurance sector. If new premium pricing proposals from insurer filings in the states of Virginia and Washington come to pass, the White House may have no way out of accountability for their health-care reform folly. When Obamacare first rolled out last fall, the failure of the federal and state exchanges were only the first signs of disaster. Premiums spiked upward in both the individual and group markets, and insurers raised deductibles...
  • Brew Pub Owner Frustrated That Health Plan Prices Still Jumping

    05/14/2014 9:19:48 AM PDT · by Oldeconomybuyer · 11 replies
    Kaiser Health News ^ | May 14, 2014 | By Sarah Jane Tribble
    Paul Siperke is the co-owner of Fat Head's, a popular brew pub in Cleveland. He has fewer than 50 full-time employees, so he's classified under the Affordable Care Act as a small business. He doesn't have to provide health insurance to his employees, but that's what he's been doing since the bar opened in 2009, despite some pretty dramatic volatility in rates. This year, under the Affordable Care Act, he saw another hike — this one about 20 percent. "It just seems odd that we get such a drastic price increase when nothing has really changed with us as far...
  • Reports: More Obamacare Cancellations, Premium Hikes On the Way (Pelosi knew)

    05/11/2014 3:32:50 AM PDT · by Libloather · 4 replies
    Townhall ^ | 5/09/14 | Guy Benson
    The Obamacare "winning streak" continues apace. Kaiser Health News reports on the increasing likelihood of more and more large employers dumping employees into Obamacare's exchanges. An untold number of employees will discover that they can't keep their plan, especially if they're a high-risk, high-cost employee. The Obama administration estimated that as many as 93 million Americans will lose their existing coverage under the new law, despite what the president promised repeatedly. We wrote about "targeted dumping" back in 2011. Those concerns are now being realized:
  • Obamacare Myth-Making: Five phony success stories.

    05/10/2014 6:03:44 PM PDT · by SeekAndFind · 3 replies
    The Weekly Standard ^ | 05/10/2014 | Jay Cost
    With enrollment in the Obamacare exchanges now closed, Democrats and their friends in the media are ebullient. Obamacare is an enormous success, they say, and conservatives have been humiliated. On closer inspection, however, things seem decidedly less bullish for President Obama’s signature achievement. Among the many exaggerations and inaccuracies the law’s defenders are touting, five stand out. • First, they say that premium rates are down. In support of this, liberals cite research from the Congressional Budget Office (CBO), but they misinterpret it. In fact, the CBO’s most recent estimate of premiums shows a decline not from what they were...
  • Insurers say 80 percent of ObamaCare enrollees have paid premiums

    05/08/2014 5:00:32 AM PDT · by lowbridge · 36 replies
    thehill.com ^ | may 7, 2014 |  Ferdous Al-Faruque and Elise Viebeck 
    Major health insurers say at least 80 percent of the people enrolled in their ObamaCare plans have paid their first premium. Aetna, which offers ObamaCare plans in 17 states, told a House committee roughly 500,000 of their 600,000 enrollees had paid a premium by the third week of April. Paul Wingle, an executive with Aetna, said the company's payment rate has been in the "low- to mid-80 percent range" and suggested it would rise. "These are dynamic figures and do not reflect final enrollment numbers, as some enrollees have not yet reached their payment due dates," Wingle said. Frank Coyne,...
  • It’s Official: The IRS Will Raid Your Tax Data Through Obamacare

    05/05/2014 1:48:51 PM PDT · by lowbridge · 11 replies
    theblaze.com ^ | may 5, 2014 | Pete Kasperowicz
    The Internal Revenue Service this week will publish a final rule requiring Obamacare health insurance exchanges to hand over key personal data to the IRS, which will use the information to implement the tax aspects of the controversial health care law. The IRS rule covers health exchanges that sell insurance to individuals, and it takes effect this year. That means people enrolled in an Obamacare exchange this year will have their information given to the IRS as soon as it’s needed for tax purposes. Information to be handed over from Obamacare exchanges includes names, addresses, taxpayer identification numbers, insurance premium...
  • Schadenfreude: MSNBC Anchor Sees His Health Insurance Premiums Skyrocket Under ObamaCare

    05/05/2014 11:43:03 AM PDT · by Baynative · 61 replies
    Downtrend.com ^ | November 2013 | Brian Carey
    “Thnx Mr. President!” That’s what former MSNBC anchor Dylan Ratigan had to say to President Obama in a tweet earlier today. He was saying it sarcastically. You know, like when you say “thanks a lot!” to someone who bumps into you in the hallway, causing you to spill your coffee all over your clothes. But Mr. Ratigan experienced something far worse than a coffee spill. His health insurance premiums are skyrocketing thanks to the hilariously named Affordable Care Act. What happened? Well, for starters, Ratigan had catastrophic health insurance coverage. That means that he sees himself as pretty healthy and...
  • Less Than Half of the States Met their Obamacare Enrollment Targets

    05/05/2014 9:27:31 AM PDT · by Siegfried X · 3 replies
    Reason.com ^ | 5/2/2014 | Peter Suderman
    In the press release accompanying the administration's Obamacare enrollment report yesterday, Health and Human Services Secretary Kathleen Sebelius declared that the 8 million people who had signed up for private health plans in the law's exchanges had "exceeded expectations." That depends on which expectations you're referring to. Looked at nationally, it's true enough, at least if you count sign-ups rather than paid enrollments... But it's also worth remembering that Obamacare enrollment varies quite a bit by state. And some states beat their enrollment projections handily, while others lagged far behind initial estimates. An analysis released today by the health consultancy...
  • Report: Just 2.4 Million HealthCare.gov Customers Paid Their First Premium

    05/04/2014 10:50:52 AM PDT · by massmike · 30 replies
    http://dailycaller.com/ ^ | 05/3/2014 | n/a
    Just 67 percent of Obamacare enrollees in federally-run marketplaces had paid their premiums by April 15, bringing the federally-run Obamacare enrollment tally to only 2.45 million, according to documents provided to the House Energy and Commerce Committee. The Obama administration has been heavily promoting that 8 million Americans selected plans on Obamacare marketplaces, but has refused to release any data on how many purchased their plans. The 67 percent payment rate as of April 15 is markedly lower than the 80-85 percent that experts have predicted will end up paying their premiums. April 30 is the final day for most...
  • Only 28% of ObamaCare enrollees are 18-34

    05/02/2014 1:31:38 PM PDT · by SeekAndFind · 16 replies
    Hotair ^ | 05/02/2014 | Bruce McQuain
    The demographic that was key to holding down health care costs apparently came in well below the level necessary to ensure that: Just more than a quarter of the eight million people who signed up for health plans under the Affordable Care Act are in the prized demographic of 18 to 34 years old, falling short of the figure considered ideal to keep down policy prices.The data, released Thursday by the Obama administration, painted a more complete picture of enrollment in the plans. They show that about 28% of people picking plans on the state and federal insurance exchanges...
  • HHS releases new Obamacare figures, but can’t say how many paid

    05/01/2014 2:49:56 PM PDT · by Oldeconomybuyer · 9 replies
    The Washington Times ^ | May 1, 2014 | by Tom Howell Jr
    The Obama administration released a fresh round of Obamacare data for all 50 states Thursday, yet offered no payment data to combat Republican claims that only two-thirds of customers in the federal marketplace have paid their first premium. The Health and Human Services Department reported that more than 8 million people selected a private health plan on the overhaul’s insurance exchanges from Oct. 1 to March 31, a tally that includes people who got extra time to finish up their selections in early April.
  • Affordable Care Act plans pose actuarial and rate challenges for insurers

    04/26/2014 3:25:50 PM PDT · by Oldeconomybuyer · 7 replies
    Washington Post ^ | April 26, 2014 | By Jay Hancock
    With the results sure to affect politics as well as pocketbooks, health insurers are preparing to raise rates next year for plans issued under the Affordable Care Act. But how much depends on their ability to predict how newly enrolled customers — for whom little is known regarding health status and medical needs — will affect 2015 costs. “We’re working with about a third of the information that we usually have,” said Brian Lobley, senior vice president of marketing and consumer business at Pennsylvania’s Independence Blue Cross. The health law required insurers to accept all applicants this year for the...
  • Obamacare class-action suit opens a new legal front

    04/24/2014 11:37:27 AM PDT · by Rusty0604 · 5 replies
    Washington Times ^ | 04/23/2014 | Tom Howell Jr.
    Lawrence Basich is on the hook for $400,000 in medical bills that would have been paid by his insurer had his application been processed correctly by Nevada’s Obamacare exchange. In a closely-watched class-action lawsuit now gathering steam, Mr. Basich is one of two named plaintiffs in the suit against the state-run exchange — and the company that built it — that claims thousands of residents paid for health insurance, but never got covered because of technical glitches on the portal. The suit may be the first since the Obamacare rollout that pits actual consumers against both the state and its...
  • Nonpayment of ObamaCare Premiums Could Cost Doctors

    04/24/2014 8:24:51 AM PDT · by lbryce · 10 replies
    Fox News ^ | April 24, 2014 | Jim Angle
    While the debate continues over how many ObamaCare enrollees are actually paying their premiums, one aspect of the law temporarily rewards those who actually stop paying – and doctors may wind up bearing the cost. “This law provides a 90-day grace period for people who have subsidized ObamaCare exchange plans and stopped paying their premium," said Betsy McCaughey, health care author and former New York lieutenant governor. But the insurance companies are only obligated to cover the first 30 days of the 90-day grace period
  • Whoops! Half of Georgia’s Insurance Enrollees Haven’t Paid Yet

    04/21/2014 9:11:25 AM PDT · by Hoodat · 36 replies
    National Review Online ^ | April 21, 2014 6:26 AM | Jim Geraghty
    From the first Morning Jolt of the week: Whoops: Half of Georgia’s Insurance Enrollees Haven’t Paid Yet. This seems rather important: Georgia insurers received more than 220,000 applications for health coverage in the Affordable Care Act’s exchange as of the official federal deadline of March 31, state officials said Wednesday. Insurance Commissioner Ralph Hudgens, though, said premiums have been received for only 107,581 of those policies, which cover 149,465 people. “Many Georgians completed the application process by the deadline, but have yet to pay for the coverage,” Hudgens said in a statement Wednesday. Half? Half? Sure, the nonpayment rates will...
  • CBO: ObamaCare premiums and healthcare spending will rise by less than expected, because…

    04/15/2014 4:58:25 PM PDT · by SeekAndFind · 15 replies
    Hotair ^ | 04/15/2014 | Erika Johnsen
    The Congressional Budget Office released a report this morning that has received a lot of attention from ObamaCare’s many staunch media advocates because it essentially concludes that the cost of expanding coverage through the exchanges will be billions less than the CBO was predicting just a couple of months ago. That’s great news for the president’s crowning legislative achievement, right? Health-insurance premiums for plans sold on the Affordable Care Act’s exchanges will be lower than previously expected, according to a report released Monday by the Congressional Budget Office.The findings, by Congress’s nonpartisan spending analysts, result largely from the fact that...
  • OY VEY: Obamacare Causes Spike in Small Group Premiums, Colorado’s Increase 29%

    04/09/2014 9:05:57 AM PDT · by george76 · 2 replies
    ColoradoPeakPolitics ^ | April 8, 2014
    News about the disastrous implementation of Obamacare has become so widespread that, to be honest, we’re having a hard time keeping up with all of it. We’ve written extensively about the canceled plans that failed to meet Obamacare coverage requirements, and we’ve written about how Sen. Mark Udall tried to cover it all up. Now, we’re seeing reports that if you weren’t one of the unlucky souls whose small group plan was cancelled because of Obamacare, your premiums have likely increased by 29 percent instead. Colorado is among the top ten states seeing the biggest increases in health insurance premiums...
  • Media Hype 'Good' ObamaCare News, Bury The Bad

    04/10/2014 4:52:30 AM PDT · by IBD editorial writer · 8 replies
    Investor's Business Daily ^ | 04/09/2014 | IBD Staff
    Bias: The media are cheering a survey that, they say, shows ObamaCare is working miracles. It shows nothing of the kind. Meanwhile, they're ignoring another report that finds ObamaCare-induced premium spikes. 'Millions More People Are Getting Health Insurance Because Of ObamaCare," screams a headline on the left-wing Huffington Post. Countless other major news outlets more or less echoed this line, calling it a big win for ObamaCare. They and others are all talking about a Rand Corp. survey that, in fact, finds no such thing.
  • WHEC-NY: New Yorkers Struggling To Afford ObamaCare Premiums, Deductibles

    03/30/2014 12:43:50 PM PDT · by lowbridge · 23 replies
    LECLAIR: “We’ve heard from a lot of WHEC Facebook friends complaining that they will face a fine if they don’t sign up for health insurance. But many say they can’t afford the premiums or deductibles, and it would be cheaper to stay uninsured and pay the penalty. This free clinic at St. Josephs’ Neighborhood Center always has a steady stream of patients. The director says the Affordable Care Act will never put them out of business. Even though everyone is supposed to have insurance now and their own doctor, there will always be people who need care but can’t afford...
  • Cleveland Clinic CEO: 3/4 Of Obamacare Signups Will Face Higher Premiums

    03/30/2014 11:30:43 AM PDT · by Nachum · 21 replies
    Washington Free Beacon ^ | 3/30/14 | Staff
    A leading healthcare expert poured cold water on the administration’s recent Obamacare enthusiasm, saying that three quarters of those signed up will face higher premiums than under their previous insurance. “Out of people that have signed up about three quarters will find premiums higher than previously with other insurance,” Dr. Toby Cosgrove, CEO of the Cleveland Clinic said on Fox News Sunday. “Hospitals are going to be paid less for what they do,” Cosgrove continued. “And we also know insurers are paying less too. We have to become more efficient in how we deliver care which is a big changefor...
  • O-Care premiums to skyrocket (according to non-partisan publication)

    03/19/2014 4:33:16 PM PDT · by Clintonfatigued · 15 replies
    The Hill ^ | March 19, 2014 | Elise Viebeck
    Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration. The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015. ADVERTISEMENT The industry complaints come less than a week after Health and Human Services (HHS) Secretary Kathleen Sebelius sought to downplay concerns about rising premiums in the healthcare sector. She told lawmakers rates would increase...
  • Doctors Say Obamacare Rule Will Stick Them With Unpaid Bills

    03/19/2014 7:49:27 AM PDT · by Oldeconomybuyer · 31 replies
    Kaiser Health News ^ | March 19, 2014 | By Roni Caryn Rabin
    Doctors groups fear their members won’t get paid because of an unusual 90-day grace period for government-subsidized health plans and are urging physicians to check patients' insurance status before every visit. “This puts the physician and their patients in a very difficult situation,” said Dr. Ardis Dee Hoven, president of the American Medical Association (AMA), which advised physicians Wednesday about how to minimize their risk. “If a patient is being treated for a serious illness, that requires ongoing care,” she said. “The physician is having to assume the financial risk for this. That’s the bottom line.” If an enrollee in...
  • ObamaCare premiums to double in some areas next year

    03/19/2014 7:43:46 AM PDT · by SeekAndFind · 14 replies
    Hotair ^ | 03/19/2014 | Ed Morrissey
    Remember how Barack Obama and Democrats promised to “bend the cost curve downward” with ObamaCare? Well, they got most of that promise correct. ObamaCare has bent the cost curve all right, but sharply upward — and in 2015, expect them to not just bend but absolutely “skyrocket,” according to The Hill: Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration.The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would...
  • Caption this Photograph ("O-Care premiums to skyrocket")

    03/19/2014 7:14:32 AM PDT · by SkyPilot · 49 replies
    http://thehill.com/ ^ | 19 Mar 14 | Elise Viebeck
    Actual photograph of shocked woman speaking to ObamaCare "navigator" as posted on the front page The Hill (thehill.com). The front page links to its top story today by reporter Elise Viebeck: O-Care premiums to skyrocket Freeper Liz has posted a thread on the story that links to the front page headline on The Hill: http://www.freerepublic.com/focus/f-news/3134822/posts
  • Premiums rising faster than eight years before Obamacare COMBINED

    03/19/2014 5:44:14 AM PDT · by ClaytonP · 22 replies
    Health insurance premiums have risen more after Obamacare than the average premium increases over the eight years before it became law, according to the private health exchange eHealthInsurance.The individual market for health insurance has seen premiums rise by 39 percent since February 2013, eHealth reports. Without a subsidy, the average individual premium is now $274 a month. Families have been hit even harder with an average increase of 56 percent over the same period — average premiums are now $663 per family, over $426 last year.Between 2005 and 2013, average premiums for individual plans increased 37 percent and average family...
  • O-Care premiums to skyrocket (w/ massive political implications)

    03/19/2014 4:55:22 AM PDT · by Liz · 50 replies
    THE HILL ^ | 3/19/14 | Elise Viebeck w/ Sheila Timmons
    EDITED Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the Obama administration. The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015. Political operatives will be watching premium increases this summer, most notably in states where there are contested Senate races. In Iowa, which hosts the first presidential caucus in the nation and has a...
  • Obamacare: Fifteen percent of Covered California enrollees haven't paid

    03/09/2014 6:39:58 PM PDT · by artichokegrower · 15 replies
    Santa Cruz Sentinel ^ | 03/09/2014 | Tracy Seipel
    With less than a month left to sign up for private insurance under the federal health care law, California's enrollment numbers are closing in on the magic number of 1 million as 8,000 people sign up every day. If only everyone would pay their premiums. Roughly 15 percent of the Californians who had enrolled by Jan. 31 still haven't sent in their first month's payment, according to four major health insurance companies participating in the Covered California exchange. So those lofty enrollment numbers could soon be dropping substantially.
  • Kathleen Sebelius: We don’t know how many people have paid ACA premiums

    03/12/2014 11:54:15 AM PDT · by PJ-Comix · 26 replies
    Politico ^ | March 12, 2014 | BRETT NORMAN
    HHS does not know how many of the people who signed up for Obamacare have followed through and paid their premiums, Secretary Kathleen Sebelius told a House panel this morning. “I can’t tell you because I don’t know that,” Sebelius told Rep. Tom Price at a Ways and Means Committee hearing on the agency’s budget.
  • Shocker: IRS estimates cheapest Obamacare plan $20k per family in 2016

    03/06/2014 7:54:53 AM PST · by SeekAndFind · 59 replies
    American Thinker ^ | 03/06/2014 | Thomas Lifson
    In an official document, the Internal Revenue Service, the enforcer of Obamacare’s mandates, is estimating that the cheapest Obamacare plan (the Bronze level of coverage) will cost a family of four $20,000 per year. Matt Cover of CNS News writes: The IRS's assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan. The examples point to families of four and families of five, both of...
  • The Insiders: Another day, another Obamacare disaster

    02/26/2014 7:54:47 AM PST · by sr4402 · 18 replies
    The Washington Post ^ | February 25 at 3:38 pm | Ed Rogers
    In a colossal “oh by the way” revelation, last Friday afternoon the Centers for Medicare and Medicaid Services (CMS), a federal agency under the United States Department of Health and Human Services (that would be the executive branch run by President Obama), quietly released a report exposing the fact that under Obamacare, two-thirds of Americans who work at small businesses will see their insurance premiums increase. So this report – which is more than two years late – says over 11 million American workers will have higher health insurance premiums because of Obamacare.
  • IRS: Obamacare Cheapest Plan $20,000 Per Family in 2016

    (CNSNews.com) – In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year. Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS. The IRS's assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan. The examples...
  • Chattanooga among cheapest markets for ObamaCare (TN)

    02/24/2014 8:01:46 AM PST · by Tennessee Nana · 5 replies
    ChattanoogaTimesfreePress ^ | February 24, 2014 | Dave Flessner
    People buying coverage through the new health care exchanges in East Tennessee are paying nearly a third less than the national average and less than half what's being charged in the nation's most expensive markets, including South Georgia. A new study by the Kaiser Family Foundation ranked Chattanooga and Knoxville among the 10 cheapest markets to purchase individual plans offered through the Affordable Care Act, also known as Obamacare. A 40-year-old buying the most popular "silver" plan offered through BlueCross BlueShield of Tennessee can get it for $181 a month, $78 a month less than the U.S. median price for...
  • GarCo residents face highest rate for Obamacare ( Colorado )

    02/23/2014 7:57:35 AM PST · by george76 · 17 replies
    Grand Junction Sentinel ^ | February 22, 2014 | Dennis Webb
    New Castle resident and business owner David Fitzsimmons used to pay $672 a month for health insurance for him and his family. This year, with the implementation of the federal Affordable Care Act that has resulted in the country’s highest rates being charged in Garfield County, he faced a minimum premium of $942 a month. “The insurance rates, frankly, it just comes down to a decision for me and my family, whether we have a roof over our heads or whether we have health insurance. The obvious answer is that we have a roof over heads,” he said Friday during...
  • WSJ: Poorer counties facing high premiums, few choices, little competition through ObamaCare

    02/13/2014 10:35:58 PM PST · by 2ndDivisionVet · 17 replies
    Hot Air ^ | February 13, 2014 | Erika Johnsen
    “My guiding principle is, and always has been, that consumers do better when there is choice and competition. That’s how the market works. Unfortunately, in 34 states, 75 percent of the insurance market is controlled by five or fewer companies. In Alabama, almost 90 percent is controlled by just one company. And without competition, the price of insurance goes up and quality goes down.” So sayeth President Obama, but so far, his crowning legislative achievement has directly resulted in a whole lotta’ restrictions on consumer choice, while his brand of top-down government-led “competition,” well… isn’t, really. On top of the...
  • Insurers: At least 20% of new ObamaCare sign-ups failed to pay their first premium on time

    02/14/2014 10:20:45 PM PST · by 2ndDivisionVet · 24 replies
    Hot Air ^ | February 14, 2014 | Allahpundit
    So Bob Laszewski was right. Fully one-fifth of the new enrollment numbers that HHS has been waving around are bogus. Their target for the end of January was 4.4 million sign-ups; a few days ago, they told the country they’d made it three-quarters of the way there with 3.3 million. In reality, once the deadbeats are bounced from the rolls by their new insurers, they’ll be in the ballpark of 2.6 million, or 60 percent of their target. And that’s after HHS pressured insurers to extend the payment deadline from December 31 into January, hoping that a little more time...
  • Next problem for Obamacare: deadbeat enrollees

    02/15/2014 10:55:40 AM PST · by Brad from Tennessee · 14 replies
    Yahoo Finance ^ | February 14, 2014 | By Rick Newman
    The big question about Obamacare this year is whether enough people will enroll to make the controversial health-reform plan viable. Another important question has been overlooked, until now: Will people pay their premiums once they enroll? The unsettling answer appears to be maybe not. The New York Times has discovered that only about 80% of people purchasing health insurance through the federal online marketplace or a similar state-run exchange paid their first month’s premium. There’s no single source of such data, but the Times canvassed insurers participating in the program, such as Aetna (AET), Wellpoint (WLP), Humana (HUM) and Blue...
  • How many Obamacare customers have paid for their plans?

    02/13/2014 8:17:59 AM PST · by rktman · 12 replies
    The Daily Caller ^ | 2/11/2014 | Sarah Hurtubise
    Democrats claim three million people have enrolled in private health insurance through Obamacare. But how many have actually paid for their plans? Several state exchanges have begun reporting the number of customers that did pay their first premiums, and some results are as low as 51 percent.
  • For Many, Few Health-Plan Choices, High Premiums on Online Exchanges

    02/12/2014 4:54:35 PM PST · by Sub-Driver · 5 replies
    For Many, Few Health-Plan Choices, High Premiums on Online Exchanges Analysis Shows Americans in Poorer Counties Have Limited Options on Health-Care Exchanges By Timothy W. Martin And Christopher Weaver Feb. 12, 2014 7:37 p.m. ET Hundreds of thousands of Americans in poorer counties have few choices of health insurers and face high premiums through the online exchanges created by the health-care law, according to an analysis by The Wall Street Journal of offerings in 36 states. Consumers in 515 counties, spread across 15 states, have only one insurer selling coverage through the online marketplaces, the Journal found. In more than...
  • Obamacare: Know Your Rates

    02/06/2014 7:43:17 PM PST · by afraidfortherepublic · 13 replies
    Forbes ^ | 2-7-14 | Courtesy of WI State Sen. Frank Lasee
    Link only: http://www.forbes.com/special-report/2013/obamacare_map_3/index2.html
  • $1 Extra in Pay Could Mean $20,000 More in Obamacare Premiums

    02/07/2014 12:45:18 PM PST · by Olog-hai · 11 replies
    Newsmax ^ | Friday, 07 Feb 2014 10:33 AM | Lisa Barron
    In the wake of Tuesday’s Congressional Budget Office report showing that Obamacare will lead to a reduction in employee working hours, there is also bad news on the wages front. Noting that Obamacare provides subsidies for coverage to people earning up to 400 percent of the federal poverty line, and that the subsidies decrease as income increases, the CBO said there is a strong incentive to reduce wages. “People whose income exceeds 400 percent of the FPL are ineligible for premium subsidies, and for some people those subsidies will drop abruptly to zero when income crosses that threshold,” the report...