Obamacare
Commentary
If UnitedHealth Can’t Afford ObamaCare, Then Who Can?
ObamaCare just claimed its highest-profile victim — America’s largest health insurer. UnitedHealth Group announced last month that it was considering pulling out of the federal health care exchanges in 2017. The industry giant expects to lose more than $700 million there this year. So it was no surprise to hear ...
Health Care
Too Soon To Start Writing Obamacare’s Death Certificate
The Department of Health and Human Services (HHS) insisted Tuesday that the individual health insurance markets under the Affordable Care Act (ACA) have a strong future, despite a warning from one of the nation’s biggest insurers that it may drop out of the markets due to unsustainable losses. United Health ...
Commentary
Obamacare’s Exchanges Begin To Implode
Need proof that Obamacare is imploding? Look to its exchanges. 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 ...
Commentary
Young people saying ‘no’ to Obamacare’s high premiums
Just 10.4 percent of Americans went without health insurance last year, according to the latest research from the Census Bureau. That’s nearly 3 percentage points lower than the year before. The Obama administration was quick to take credit for the drop. Just a few days after the Census Bureau’s announcement, ...
Commentary
Remember When Obamacare Was Supposed To Help Small Businesses?
Obamacare promised to help small businesses. But it’s now clear that small businesses don’t want the law’s brand of help. Specifically, they want nothing to do with Obamacare’s “Small Business Health Options Program,” or SHOP. This online marketplace was supposed to allow employees at small firms to choose from among ...
Commentary
The Dirty Dozen: ObamaCare’s 12 Co-Op Failures
President Obama’s health care overhaul created 23 state-based insurance companies. So far, 12 of them have collapsed. Nine closed up shop this fall alone. The reason? Well, these government-backed insurers — known as Consumer Operated and Oriented Plans — took their “nonprofit” status a bit too seriously and went bankrupt. ...
Commentary
Brace Yourself
It’s been a tough year for some of America’s favorite health care bogeymen — insurers. U.S. insurers had to absorb nearly $2.9 billion in unexpected medical expenses from their customers in Obamacare’s exchanges in 2014, according to new data from Centers for Medicare and Medicaid Services. But don’t shed tears ...
Commentary
Tough times for health care insurers — and patients
It’s been a tough year for some of America’s favorite health care boogeymen: insurers. U.S. insurers had to absorb nearly $2.9 billion in unexpected medical expenses from their customers in Obamacare’s exchanges in 2014, according to new data from Centers for Medicare and Medicaid Services. But don’t shed too many ...
Health Care
Obamacare Co-Op Mess Causes $1.3 Billion In Losses
Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts. The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriated in 2010 for the program under the Affordable Care Act. The ...
If UnitedHealth Can’t Afford ObamaCare, Then Who Can?
ObamaCare just claimed its highest-profile victim — America’s largest health insurer. UnitedHealth Group announced last month that it was considering pulling out of the federal health care exchanges in 2017. The industry giant expects to lose more than $700 million there this year. So it was no surprise to hear ...
Too Soon To Start Writing Obamacare’s Death Certificate
The Department of Health and Human Services (HHS) insisted Tuesday that the individual health insurance markets under the Affordable Care Act (ACA) have a strong future, despite a warning from one of the nation’s biggest insurers that it may drop out of the markets due to unsustainable losses. United Health ...
Obamacare’s Exchanges Begin To Implode
Need proof that Obamacare is imploding? Look to its exchanges. 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 ...
Young people saying ‘no’ to Obamacare’s high premiums
Just 10.4 percent of Americans went without health insurance last year, according to the latest research from the Census Bureau. That’s nearly 3 percentage points lower than the year before. The Obama administration was quick to take credit for the drop. Just a few days after the Census Bureau’s announcement, ...
Remember When Obamacare Was Supposed To Help Small Businesses?
Obamacare promised to help small businesses. But it’s now clear that small businesses don’t want the law’s brand of help. Specifically, they want nothing to do with Obamacare’s “Small Business Health Options Program,” or SHOP. This online marketplace was supposed to allow employees at small firms to choose from among ...
The Dirty Dozen: ObamaCare’s 12 Co-Op Failures
President Obama’s health care overhaul created 23 state-based insurance companies. So far, 12 of them have collapsed. Nine closed up shop this fall alone. The reason? Well, these government-backed insurers — known as Consumer Operated and Oriented Plans — took their “nonprofit” status a bit too seriously and went bankrupt. ...
Brace Yourself
It’s been a tough year for some of America’s favorite health care bogeymen — insurers. U.S. insurers had to absorb nearly $2.9 billion in unexpected medical expenses from their customers in Obamacare’s exchanges in 2014, according to new data from Centers for Medicare and Medicaid Services. But don’t shed tears ...
Tough times for health care insurers — and patients
It’s been a tough year for some of America’s favorite health care boogeymen: insurers. U.S. insurers had to absorb nearly $2.9 billion in unexpected medical expenses from their customers in Obamacare’s exchanges in 2014, according to new data from Centers for Medicare and Medicaid Services. But don’t shed too many ...
Obamacare Co-Op Mess Causes $1.3 Billion In Losses
Obamacare health insurance co-ops surged past the $1 billion mark in losses this week, making history of sorts. The insolvencies, totaling $1.36 billion, mean that the co-ops have burned through more than half of the original $2 billion appropriated in 2010 for the program under the Affordable Care Act. The ...
