Vice President Mike Pence delivered a strong endorsement Saturday morning of the GOP’s replacement bill for the Affordable Care Act, which was introduced earlier in the week by House Republican leadership and supported by President Donald Trump. Pence, who spoke to constitutents in Kentucky, highlighted some of the pitfalls of Obamacare, including rising premiums and a lack of carrier options.
Category: Medicaid
House GOP Finally Puts Out Repeal Plan
House Speaker Paul Ryan, R-Wis., plans to send the bill to the House floor for a vote and then forward it to the Senate by the beginning of April. Employers would no longer face a tax for offering high-value “Cadillac” health plans under the latest House Republican plan to repeal and replace Obamacare.
Republicans Unveil Bill to Repeal and Replace Obamacare
Republicans unveiled their long-awaited legislation to repeal and replace the Affordable Care Act, taking them a step closer to fulfilling a vow they’ve been repeating since the health law’s passage in 2010. Called the American Health Care Act, House Republicans’ proposal released Monday would unwind much of Obamacare over the next three years.
Trump Doubles Down on Controversial Pledge to Leave Social Security, Medicare Untouched
President Trump delivered his first speech Tuesday night to a joint session of Congress, discussing his budget blueprint for the coming fiscal year which includes a $54 billion increase in defense spending, a large cut in funding for the Environmental Protection Agency– and “no changes” to Social Security and Medicare. As of January, 66 million Americans were receiving Social Security, Supplemental Security Income payments, or both, according to the program’s website.
Could President Trump’s Policies Be Terrible for These Healthcare Stocks?
That’s the question investors are trying to answer about how President Trump’s policies might impact healthcare stocks. So far, specific policy proposals put forward by the president appear likely to cause significant problems for certain healthcare stocks.
3 Crucial Questions Gilead Sciences Should Answer Tuesday
It’s the most wonderful time of the quarter. The time when every business cracks open its books and tells us what’s going on.
What Is the Cassidy-Collins Obamacare Replacement Plan?
Repealing and replacing the Affordable Care Act, or Obamacare, was a cornerstone of Donald Trump’s campaign for president. Recently, Trump said he wanted to repeal and replace Obamacare simultaneously.In response, Sen. Bill Cassidy and Sen. Susan Collins announced a plan that returns power to the states by allowing them to choose among three options.
Obamacare Failed Because It Made More Sense to Remain Uninsured
Now-former President Barack Obama’s legacy is defined by the passage of the Affordable Care Act, which is more commonly referred to as Obamacare. Obamacare completely changed the way consumers shopped for health insurance and received medical care.
Trumpcare, Not Obamacare, Could Be a Job Killer
In less than one week’s time Donald Trump is set to become the 45th president of the United States, which seemed mighty unlikely about a year and a half ago when campaigning began. While his agenda once in office is seemingly a mile long, at the top of the list appears to be the repeal of the Affordable Care Act, which you probably know best as Obamacare.
Mylan’s Troubles Just Won’t Stop as Key Insurer Drops EpiPen
Cigna will no longer cover Mylan’s EpiPen and EpiPen Jr. autoinjectors, instead encouraging patients to use Impax ‘s generic device for treatment of severe allergic reactions. The move was effective as of Jan. 7, when Cigna released a list of changes to coverage for 2017.
Fresenius Medical Care Slumps After Patient-Aid Subpoena
Fresenius Medical Care AG fell the most in almost seven months after saying it had received a subpoena in the U.S. over premium-assistance programs that support dialysis patients on private insurance plans that can be more lucrative for providers. Fresenius said the U.S. Attorney for the District of Massachusetts is investigating its connections to the American Kidney Fund, which manages a patient-assistance program for the private plans.
GOP Should – Show Their Cards’ on Obamacare Redo, Obama Says
Republicans should “show their cards” with a better Obamacare replacement before taking steps to repeal the law, President Barack Obama said in an interview on his signature health program. “Republicans have to go ahead and show their cards, if in fact they have a program that would genuinely work better,” he said Friday in a webcast interview with the online news outlet Vox in Washington.
1 Worsening Problem That Obamacare Simply Can’t Cure
Despite its many criticisms, the Affordable Care Act has arguably been the closest thing to universal healthcare that Americans have ever seen. According to data from the Centers for Disease Control and Prevention, the uninsured rate in the U.S. fell from 16% in the quarter immediately preceding the implementation of the ACA, which is more affably known as Obamacare, to just 8.9% by mid-2016.
Medicare in 2017: 5 Numbers Everyone Should Know
When you decide to stop working, the odds are good that Medicare will be a critical part of your financial plan to cover your healthcare expenses. Medicare doesn’t cover all of your costs of staying healthy, but with most people becoming eligible for the program when they turn 65, joining the more than 56 million Americans who already get Medicare proves to be the best choice in most cases.
Reverse Mortgage Line of Credit Could Fund Long-Term Care
There’s a 70% chance that people over 65 will need some kind of long-term care, including services such as home care, assisted living and skilled nursing, according to government statistics . There are lots of ways to pay for long-term care services, including Medicare, Medicaid, traditional health insurance, long-term care insurance , life insurance and annuities.