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Taxpayers will fork over nearly $10 billion more next year to cover double-digit premium hikes for subsidized health insurance under President Barack Obama's law, according to a study being released Thursday. The analysis from the Center for Health and Economy comes as the Republican-led Congress is preparing to repeal "Obamacare" and replace it with a GOP alternative whose details have yet to be worked out.
More Americans now have health insurance than ever before, with the uninsured rate declining across all 50 states because of the Affordable Care Act , according to a new report from The Commonwealth Fund released. Following full implementation of the ACA's health coverage provisions in 2014, every state experienced a decline in the percentage of uninsured working-age adults and low-income adults, the report stated.
Only four of the original 24 Obamacare health co-ops remain standing after Maryland's co-op announced Dec. 8 it was suspending the sale of individual health insurance policies, the Daily Caller News Foundation Investigative Group has found. With the near-collapse of Maryland's co-op - called Evergreen Health - at least 989,000 individuals nationwide have lost their health insurance coverage when the nonprofit co-ops stopped selling insurance to customers, according to TheDCNF's tally.
Thursday: Deadline for new federal marketplace customers to apply for insurance to start Jan. 1. Those interested should go to healthcare.gov April 15: Deadline for federal income tax returns, which will charge a penalty for the first time on those without insurance the previous year Thursday is the deadline to sign up for health insurance through the federal Affordable Care Act, if you want coverage starting Jan. 1. "It will be in place for the next year," said Charles Bullock, University of Georgia political science expert. "Beyond that, we'll have to wait and see."
Repealing President Barack Obama's health care law without a replacement risks making nearly 30 million people uninsured, according to a study released Wednesday. Separately, a professional group representing benefit advisers warned congressional leaders of the risk of "significant market disruption" that could cause millions of Americans to lose their health insurance.
With the costs of healthcare rising under Obamacare, consumers need to keep a few things in mind when navigating the complexities of the healthcare system. Robin Gelburd, president of FAIR Health , a national, independent, nonprofit organization dedicated to bringing transparency to healthcare costs and health insurance, provides five key things for consumers to keep in mind when considering healthcare plans.
The ACA, which is more commonly known as Obamacare, transformed the entire process of purchasing health insurance and receiving medical care for tens of millions of Americans. Despite pushing the uninsured rate below 9%, a better than 7% drop since Obamacare was first implemented in full as of Jan. 1, 2014, according to the Centers for Disease Control and Prevention, Obamacare has drawn a laundry list of criticisms.
The Affordable Care Act, which is better known by its shorthand Obamacare, has presented as a mixed bag since its passage. In one corner, it's reduced the uninsured rate in America to its lowest levels on record, and it's allowed consumers who were previously shut out of the healthcare system because of their low income or pre-existing medical conditions the chance to get health insurance.
U.S. President Barack Obama said in 2013 that "consumers, small-business owners, and pharmacists" have benefited from the Affordable Care Act Talk that the Affordable Care Act would decimate small businesses ran rampant when the law was passed, but has it turned out to be true? The health care law has forced some small-business owners to make tough choices, with more expensive coverage requiring them to scale back or even preventing them from providing coverage to employees, they told MarketWatch. But other entrepreneurs say it has done nothing but good, allowing them to start their own businesses, stabilizing the cost of insuring employees, or simply giving them the peace of mind about getting health insurance in the future.
Republican lawmakers have said they plan to repeal the Affordable Care Act when President-elect Donald Trump is in office, with a one or two-year transition period before it takes effect to give customers notice. "The discussion right now about repeal and replacement is making the market very, very nervous.
New Mexico Gov. Susana Martinez has offered assurances that people won't be left without health insurance as President-elect Donald Trump and fellow Republicans seek to overhaul the Affordable Care Act. Martinez was attending a meeting Wednesday of the Republican Governors Association in Florida.
Gov. Doug Ducey said Thursday he does not want the new president and Congress to repeal the Affordable Care Act unless and until they come up with a replacement that protects Arizonans. Ducey acknowledged that one of the key campaign promises of Donald Trump is to scrap was has become known as ObamaCare.
The "repeal" of Obamacare has become the top priority for the incoming Trump administration in the chaotic week after his surprise win. The president-elect has a Republican-dominated House and Senate in Congress to help him try, but experts say full repeal won't be so easy.
Republican President-elect Donald Trump vowed on the campaign trail to repeal Obamacare, but making good on that promise may be easier said than done. President Barack Obama's 2010 national healthcare reform law extended medical insurance to 25 million more people by expanding the Medicaid plan for the poor and creating subsidized coverage for individuals.
As election season nears its conclusion we finally have some basic policy direction from both candidates with respect to health insurance reform and their worlds could not be farther apart. Watching the steady decline of willing insurers and the ever increasing cost of policies in the exchanges, the Clinton campaign has voiced its support for a so-called "public option", the holy grail of democrats' quest for a single-payer system.
Even while hailing an estimate that 1 million more people are getting insurance coverage through Obamacare, Health and Human Services Secretary Sylvia Burwell acknowledged that "substantial" reforms are still needed in the nation's health care system. But one idea she highlighted Wednesday is being attacked by Republicans, even some Democrats, and insurers who say it would lead to more government involvement in health care.
Sen. Bernie Sanders speaks during a rally for Colorado's Amendment 69 on Monday at Farrand Field on the University of Colorado campus in Boulder. Speaking at the University of Colorado Boulder's Farrand Field as the sun sunk behind the Flatirons, the longtime Independent senator from Vermont-turned-once Democratic presidential hopeful delivered a short speech Monday in support of Colorado's Amendment 69 to an ecstatic crowd of more than 2,000.
It certainly took him a while, but I'm glad to see Bill Clinton has come around to my way of thinking on Obamacare. Here's what I wrote back in 2009 , when the first part of the package was passed: "The Democrats' biggest accomplishment of this decade was getting a package through both houses of Congress mandating that every American have health insurance.
By Jack Bernard, a retired healthcare exec and the former Director of Health Planning for the State of Georgia. He was also on the Jasper County Board of Health and County Commission.