Insurance giant Aetna is the latest provider to announce staggering losses on ObamaCare plans â some $300 million last year, in just 15 states. Soaring costs prompted Aetna to cancel its plans to expand into more states, and the company is âundertaking a complete valuation of future participation in our current 15-state footprint,â as CEO […]
You think Obamacare was bad? Get ready for OBAMAFOOD
July 31, 2016 by
Through the disaster that is the âAffordableâ Care Act (a.k.a. Obamacare), President Obama has managed to simultaneously increase the nationâs healthcare premiums â and our deductibles as well. Barack Obama was supposed to be the great unifier. Weâve seen how THATâs worked out. Then he promised affordable healthcare for all. Weâve seen how THATâs working […]
Two thirds of Obamacare insurers losing money
July 21, 2016 by
A report from the Commonwealth Fund shows why so many insurance companies are abandoning the Obamacare exchanges. Simply put, they can’t make any money. Washington Free Beacon: Two-thirds of the insurers failed to turn any profits from plans they sold to individuals in 2014, although a majority of those insurers didn’t profit in the prior […]
Hillary’s ObamaCare problem
May 31, 2016 by
Hillary Clinton is facing the problem of higher ObamaCare premium hikes in an election year. ObamaCare premiums are expected to rise more sharply than they have in previous years, and Republicans are seizing on the issue for electoral advantage. âDespite premium hikes under ObamaCare, Clinton continues to take credit for the law on the campaign […]
Obama Administration Loses Key Obamacare Case
May 13, 2016 by
A federal district court in Washington, D.C., ruled Thursday in favor of the U.S. House of Representativesâ challenge to the Obama administrationâs implementation of part of the Patient Protection and Affordable Care Act, also known as Obamacare. The act has been ârevisedâ dozens of times by the administration since its passage in March 2010, leading the […]
Federal Court: Obamacare Insurance Payments Unconstitutional
May 12, 2016 by
WASHINGTONâA federal district court held Thursday that the Obama administrationâs payments to insurance companies under Obamacare are unconstitutional, since Congress has declined to pass spending bills funding those payments. Section 1401 of the Affordable Care Act (ACA, or Obamacare) provides taxpayer subsidy payments to people buying insurance from an Obamacare exchange. Although the ACA provides […]
Will Obamacare Collapse Before Obama Leaves Office?
April 30, 2016 by
Obamacare has turned out to be a massive boondoggle for the American people, despite the mediaâs consistent attempts to cover up this lawâs failures. After all, to disparage Obamacare is to tarnish President Obamaâs legacy. But as Marc Thiessen, a former George W. Bush speechwriter, points out in a recent opinion piece for The […]
Oh Look! Another Poll Showing Obamacare Is Unpopular
April 29, 2016 by
For supporters of the Affordable Care Act, hereâs yet another poll showing that President Obamaâs overhaul of health care in America is unpopular. First, itâs a total disaster. More Americans are now opting to pay the penalty rather than pay into the increasingly expensive health care plans offered in the Obamacare markets; one of the […]
Largest health insurer in US drops out of almost all Obamacare exchanges
April 19, 2016 by
United Health, the nation’s largest health insurer, announced that they will be dropping out of all but “a handful” of state exchanges, citing huge losses. The Hill: The moves by United, the nationâs largest health insurer, have drawn attention for what they could indicate about the sustainability of ObamaCare as whole. But as the Obama […]
OBAMACARE BLEEDING OUT: Insurers warn losses unsustainable…
April 16, 2016 by
Health insurance companies are amplifying their warnings about the financial sustainability of the ObamaCare marketplaces as they seek approval for premium increases next year. Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether. âSomething has to give,â […]
Primary care physicians becoming extinct partly due to Obamacare
April 2, 2016 by
An alarming report from the Association of Medical Colleges says America will be short a million doctors by 2025 and that the shortage of primary care physicians makes up a third of that number. We’re already feeling the effects of the shortage today. MarketWatch: Tasked with checkups and referring more complicated health problems to specialists, these […]
Why the Little Sisters of the Poor Believe Obamacare Mandate Violates Their Religious Liberty
March 23, 2016 by
The Little Sisters of the Poor is a group of Catholic nuns who typically lead a quiet, dignified existence caring for the elderly poor. In the last few years, that quiet existence has been troubled by the constant court battles the group has been fighting over the Affordable Care Actâs so-called âcontraceptive mandate,â which requires […]
The Timesâ Biased Fact Check of GOP Critique of Obamacare
March 7, 2016 by
Once again The New York Times is peddling its own false narrative about Obamacareâs success, this time aimed at the Republican candidates. But while Margot Sanger-Katz claims to fact check Donald Trump, Senator Ted Cruz (R-TX), and Senator Marco Rubio (R-FL), it is her own reporting that needs an additional check. After all, why didnât […]
Obamacare Will Bankrupt the U.S.
February 21, 2016 by
One topic of conversation in the Republican race for the White House has been whether President Obama has been incompetent, or actually knows what heâs doing. On the matter of Obamaâs Patient Protection and Affordable Care Act, commonly known as the Affordable Care Act (ACA) and Obamacare, self-declared socialist Professor Gerald Friedman seems to agree […]
Obama Vetoes Paul Ryan Bill Defunding Planned Parenthood and Repealing Obamacare
January 9, 2016 by
President Obama announced today that he vetoed legislation sent to his desk from the Republican led Congress that would repeal Obamacare and defund Planned Parenthood. House speaker Rep. Paul Ryan (R-WI)56% explained that it was an important step for Republicans to show voters that they could come together on a bill offering an alternative to […]
BREAKING: House Passes Senate’s Obamacare Repeal Bill, 240-181
January 8, 2016 by
UPDATE: Congressional Republicans have passed legislation to repeal Obamacare for the first time. President Obama will veto the measure, but the symbolism — this can be done with a Republican president — is significant. A major campaign promise kept. **Original Post** Later today, the Republican-controlled House of Representatives is expected to pass legislation that emerged last […]
ObamaCare Devastating Poor Familiesâ IncomesâEven with Subsidies!
December 29, 2015 by
A new study from the Urban Institute finds lower income Americans paying 10-20 percent of their income on ObamaCare health benefits. These high costs come after generous federal subsidies covering premiums for individuals making up to $55,000 a year are considered. Of course, the least healthy are paying even more of their income for ObamaCare, providing […]
Senate votes 52-47 to gut key parts of Obamacare
December 4, 2015 by
The Senate approved a bill Thursday that would gut much of the Affordable Care Act, marking the first time both chambers of Congress have voted to repeal President Obama’s signature health care law since it became law five years ago. The bill passed by 52-47 but will not head to the president’s desk yet. While […]
Obama Threatens to Veto Bill to Reduce Deficit, Cut Planned Parenthood Funding and Reverse Much of Obamacare
December 2, 2015 by
President Barack Obama has announced that he will veto a bill pending in the Senate that would defund and reverse parts of Obamacare, including money for Planned Parenthood, and reduce deficits by $130 billion over 10 years. âThis legislation is being considered by the Senate just days ahead of the December 15 deadline for Marketplace […]
Obamacare Heading for Life Support
November 9, 2015 by
The misbegotten mess known as the Patient Deflection and Unaffordable Care Act is really starting to collapse: Humana said it will discontinue several products offered on government-run exchanges under the Affordable Care Act, impacting about 100,000 individuals currently covered by the insurerâs plans across the country. The move, disclosed this morning in the companyâs third-quarter earnings […]
Doctors, Hospitals Say ‘No’ to OBAMACARE Plans
November 5, 2015 by
Government health officials worked diligently this year to improve consumer experience on Healthcare.gov and make sure people know what they are getting for their money when they pick health insurance. But one thing is out of the government’s control: whether doctors and hospitals will agree to accept patients who buy these plans. Surveys and data […]
‘Affordable:’ WH Confirms Steep 2016 OBAMACARE Premium Hikes
October 28, 2015 by
The Obama administration is finally admitting what industry experts and state-level actuaries have been forecasting for months, based on factors such as underperforming bailout-style programs (expiring after next year) designed to artificially hold down rates, sicker-than-expected risk pools, and stagnating enrollment projections. The Wall Street Journal reports: The Obama administration said many consumers will see noticeable premium increases when […]
House Approves Bill That Dismantles Parts of OBAMACARE, Defunds PLANNED PARENTHOOD
October 26, 2015 by
The House approved a budget reconciliation bill Friday that would repeal portions of Obamacare and cut federal funds to Planned Parenthood for one year. The legislation, called the Restoring Americansâ Healthcare Freedom Reconciliation Act, was passed in a 240-189 vote. One Democrat, Rep. Collin Peterson of Minnesota, voted in favor of the bill, and seven Republicans voted against it. […]
House passes partial OBAMACARE repeal
October 24, 2015 by
The House voted along party lines on Friday to approve a budget reconciliation bill that would repeal parts of ObamaCare and halt federal funding for Planned Parenthood. Only seven House Republicans voted against the partial ObamaCare repeal bill, though it has become a target of opposition from 2016 presidential candidates Sens. Ted Cruz (R-Texas) and […]
Are We Really Stuck with OBAMACARE?
October 19, 2015 by
On September 15, former Health and Human Services Secretary Kathleen Sebelius spoke in Kansas City at the annual luncheon of the Health Care Foundation of Greater Kansas City (website). The speech didnât seem to get much attention, so I called the CEO of the foundation for a transcript or video, but she said there arenât […]
OBAMACARE: Proof That Democrats Will Tax the Middle Class
October 17, 2015 by
At the first Democratic presidential debate, candidates promised to expand government benefits â from tuition-free college to paid maternity leave programs. How to pay for these new benefits? Simple, they say, just tax the wealthy. That idea may be a winner with the Democratsâ base, but the problem is that the math simply doesnât work. […]
One-Third Of Obamacare Co-Ops Are Now Officially Dead
October 16, 2015 by
One-third of the Obamacare health insurance co-ops have now failed, causing about 400,000 policyholders in 10 states to scramble for new coverage for 2016. Seven of the 23 co-ops created by the Affordable Care Act in 2011 at a cost of $2.4 billion â including many launched by passionate but inexperienced health reform activists â […]
9 million fewer people uninsured since Obamacare
September 16, 2015 by
Nine million fewer people lacked health insurance in the first year Obamacare coverage became available for them, new data from the U.S. Census Bureau says. Before the Affordable Care Act’s insurance marketplaces opened, about 13.3 percent of Americans lacked health coverage. But after plans became available in the marketplaces for those without employer-sponsored coverage, the […]
CBO: Repealing Obamacare mandate would save taxpayers $305B
September 16, 2015 by
Congressional budget minders say repealing Obamacareâs âindividual mandateâ would save taxpayers more than $305 billion and increase the number of uninsured Americans by 14 million over the next decade. The mandate requires people to obtain adequate health insurance or pay a tax penalty, unless they qualify for a financial exemption or other carve-outs spelled out […]
22% OF OBAMACARE ENROLLEES DROPPED COVERAGE THIS YEAR
September 9, 2015 by
More than 20 percent of the people who signed up for Obamacare plans on state and federal exchanges for 2015 have since dropped their coverage. Earlier this year, the Obama administration reported that 12.7 million had signed up for insurance on the exchanges. Roughly 22 percent of those individuals have since dropped coverage for various […]