Thank you for visiting the "Health Care News" page where you can read all about how well health care is doing since Obamacare was enacted. It's no secret that Obamacare makes me sick! The very idea that we are forced to pay for health care whether we want it or not is not Liberty, but tyranny. Obamacare is not about health care but about control. Control people's health care and you control the people. Mr. Obama has stated publicly that he wants a single-payer system...so was Obamacare designed to be a gateway for single-payer?
The current VA Hospital scandal is government run health care at it's best and a look into the future of Obamacare. If our Veterans aren't receiving the best government managed care available, just think what you are going to receive...
The current VA Hospital scandal is government run health care at it's best and a look into the future of Obamacare. If our Veterans aren't receiving the best government managed care available, just think what you are going to receive...
May 2016
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Sunday,
May 15, 2016 |
Obamacare's 2017 Insurer Rate Requests Are Starting to Stream in, and the Figures Are Scary
In Virginia, national insurer Aetna (NYSE:AET) announced an average premium rate hike request averaging 13% for its Aetna Managed Choice segment, while Innovation Health, a joint-venture between Aetna and Inova, is requesting an average premium hike of 16.6%. Anthem HealthKeepers, a component of Anthem Blue Cross Blue Shield, is requesting an average rate hike of 15.8%. Overall, Virginia's rate request data is still trickling in, and it very well could change many times over prior to the start of open enrollment -- but according to Obamacare data aggregators ACASignUps.net, the weighted average of the 13 received rate requests is nearly 18%. Things are looking even worse in Oregon, which released proposed health insurance rate requests earlier this month. Read more at http://www.fool.com/investing/general/2016/05/15/obamacares-2017-insurer-rate-requests-are-starting.aspx?source=yahoo-2&utm_campaign=article&utm_medium=feed&utm_source=yahoo-2. |
April 2016
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Tuesday,
April 19, 2016 |
Five Things ACA Supporters Don't Want You To Know About UnitedHealth's Withdrawal From ObamaCare
UnitedHealth is withdrawing from most of the 34 ObamaCare Exchanges in which it currently sells, citing losses of $650 million in 2016. A recent Kaiser Family Foundation report indicates UnitedHealth’s departure will leave consumers on Oklahoma’s Exchange with only one choice of insurance carriers. Were UnitedHealth to exit all 34 states, the share of counties with only one or two carriers on the Exchange would rise from 36% to 52%, while the share of enrollees with only one or two carriers from which to choose would nearly double from 15% to 29%. |
November 2015
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Monday,
November 30, 2015 |
Obamacare's Exchanges Begin To Implode
The largest U.S. insurer, UnitedHealth Group, just announced that it may withdraw from the exchanges in 2017. The insurer currently offers plans in 34 states and covers more than 500,000 people through the online marketplaces. But it’s expecting $700 million in losses on its exchange business this year. “We cannot sustain these losses,” CEO Stephen Hemsley recently told investors. “We can’t really subsidize a marketplace that doesn’t appear at the moment to be sustaining itself.” UnitedHealth’s decision is only the latest setback for Obamacare. Premiums and deductibles for policies sold through the exchanges have soared. The young and healthy — who must buy insurance for the law’s finances to work — are spurning coverage altogether. |
October 2015
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Wednesday,
October 28, 2015 |
Nearly half of Obamacare co-ops are closing
Nearly half of the 23 non-profit insurance plans created under Obamacare in 2011 at a cost of $2.4 billion have announced they will close by the end of the year. |
July 2015
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Sunday,
July 26, 2015 |
State health insurance markets struggle with cost challenges
WASHINGTON (AP) -- State-run health insurance markets that offer coverage under President Barack Obama's health law are struggling with high costs and disappointing enrollment. These challenges could lead more of them to turn over operations to the federal government or join forces with other states. Hawaii's marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. It has spent about $139 million and enrolled 8,200 customers for individual coverage in 2015. Unable to sustain itself, the state marketplace is turning over sign-ups to the federal HealthCare.gov for 2016. Twelve states and the District of Columbia fully control their markets. Experts estimate about half face financial difficulties. Federal taxpayers invested nearly $5 billion in startup grants to the states, expecting that state markets would become self-sustaining. Most of the federal money has been spent, and states have to face the consequences. |
June 2105
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Wednesday,
June 10, 2015 |
King v. Burwell: How one Supreme Court case could unravel Obamacare
Any day now, the Supreme Court is expected to hand down a ruling in a case that could unravel President Obama’s Affordable Care Act. In a speech on Tuesday, the president said he expects the justices to keep the law intact. |
March 2015
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Wednesday,
March 18, 2015 |
With billions in the bank, Blue Shield of California loses its state tax-exempt status
Authorities have revoked the tax-exempt status of nonprofit Blue Shield of California, potentially putting it on the hook for tens of millions of dollars in state taxes each year. |
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Wednesday,
March 4, 2015 |
Justices pepper health care law opponents with questions
Justice Anthony Kennedy, whose vote is seen as pivotal, suggested that the plaintiffs' argument raises a "serious" constitutional problem affecting the relationship between states and the federal government. |
