Rather unusually, Republicans in the House of Representatives are intent on moving their plan to repeal and replace Obamacare through committees before they even have estimates of how much the plan will cost, how many people it will cover, or what it will do to insurance premiums. The Congressional Budget Office will likely come out with those estimates next week .
Category: Health Insurance
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 Tells Health Insurers to Expect `Something Special’
President Donald Trump told major U.S. health insurers at a White House meeting Monday to expect “something special” to replace Obamacare, as the administration gets more involved in Republican efforts to repeal the health-care law. “We’re going to be talking about it tomorrow night during the speech,” Trump said, referring to his address to a joint session of Congress scheduled for Tuesday.
Obamacare launched a new wave of start-ups. Now they’re bracing for what’s next.
Four years ago, Noah Lang saw an opportunity in Obamacare. With an eye toward the millions of people set to purchase health insurance on their own for the first time, the 29-year-old Silicon Valley entrepreneur founded a start-up, Stride Health, that helps them compare and choose between plans – and do it all from a smartphone.
Aetna, Humana Abandon $37 Billion Merger Blocked by Judge
Aetna Inc. ended its $37 billion takeover of Humana Inc., after deciding not to appeal a ruling by a federal judge who blocked the health insurers’ combination on antitrust grounds. The companies came to a mutual agreement to terminate the deal, and Aetna will pay Humana a $1 billion breakup fee, or about $630 million after taxes.
The Best Retirement Account You Don’t Know About
An HSA combines the best features of all the various tax-advantaged retirement accounts available. If used correctly, money goes in tax-free, grows tax-free, and comes out tax-free.
Cigna Mulling Whether to Join Anthem in Appeal After Court Blocks Merger
Anthem is set to appeal Wednesday’s court ruling blocking the $54 billion merger of health insurance giants. But Cigna is not sure whether to go along.
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.
‘Obamacare’ sign-ups show slippage in preliminary report
The government says about 9.2 million people signed up for coverage this year through HealthCare.gov, the health insurance website serving most states. The preliminary numbers out Friday don’t include figures from 11 states that run their own health insurance markets, so the final national number will be higher.
Cigna Reports Higher Revenue, Upbeat Outlook On Earnings
Cigna Corp. reported higher revenue on Thursday, boosted by growth in its customer units, and posted an upbeat outlook on earnings for this year. The health-insurance provider reported fourth-quarter adjusted earnings per share of $1.87, unchanged from the year-ago period.
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.
Trump May End Obamacare Insurance Requirement, Conway Says
The Trump administration may stop enforcing the Obamacare requirement that most Americans carry health insurance even before Congress repeals the law, Kellyanne Conway, a top adviser to the new president, said in interviews broadcast on Sunday. Such a move would take the teeth out of former President Barack Obama’s health-care law and could destabilize insurance markets, analysts say.
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.
Should You Get a Medicare Advantage Plan?
You may or may not have heard of Medicare Advantage plans, but you would do well to learn more about them. After all, as of last year, more than 17 millionAmericans had enrolled in them, up from about 7 million in 1999.
What Does 2017 Hold for Obamacare?
The Affordable Care Act became law in 2010, and the law has remained controversial long after its enactment. Until recently, policymakers didn’t expect any major changes to Obamacare during 2017, but they acknowledged that the outcome of the 2016 presidential election would have huge implications for the fate of healthcare reform going forward.
U.S. House Votes to Begin Repealing Obamacare
U.S. House Republicans on Friday won passage of a measure starting the process of dismantling Obamacare, despite concerns about not having a ready replacement and the potential financial cost of repealing repealing Democratic President Barack Obama’s landmark health insurance law. The House of Representatives voted 227-198 to instruct committees to draft legislation by a target date of Jan. 27 that would repeal the 2010 Affordable Health Care Act, popularly known as Obamacare.
UnitedHealthcare’s Fourth-Quarter Earnings May Bring This
Health insurance giant, UnitedHealthcare Group is set to report earnings for the fourth quarter of fiscal year 2016 on Tuesday, and analysts expect its acquisition of Surgical Care Affiliates to be centerstage. “The new development will be this acquisition of Surgical Care Affiliates,” he said by phone Friday.
Why You’re Going to See A Lot More Medical Bankruptcy Without Obamacare
Daniel Gershburg , owner of Gershburg Law P.C. a consumer bankruptcy firm based in New York, has seen his fair share of medical bankruptcies prior to Obamacare but none after its inception. He was kind enough to share his thoughts on what’s coming down the pipeline and the future of healthcare affordability after an Obamacare repeal .
Your High-Priced Personal Trainer May Be Losing Health Coverage
The high-end gym chain offers Kiehl’s body lotion, on-site athletic gear shops, and eucalyptus-infused towels in its lineup of membership amenities. The company also touts its personal trainers as “the best of the best” on its website.
Read This Before You Take Medicare Benefits
If you’re getting close to 65, chances are you’re going to enroll in Medicare. While it’s common knowledge that Medicare is the United States’ health insurance program for retirees, many people don’t fully understand certain things about Medicare, such as when to enroll, how much it costs, what all the “parts” of Medicare are, and more.
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.
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In less than a month, Donald Trump will be sworn in as the 45th president of the United States, and the clock will begin ticking on the Affordable Care Act’s likely demise. The ACA, which is more commonly known as Obamacare, has been a polarizing law since Day One.
Millions of Americans Are Still Signing Up for Obamacare, Despite Pledges to Repeal It
Donald Trump ran for president on promises to repeal and replace Obamacare, but that hasn’t stopped millions of Americans from signing up for healthcare insurance through the ACA marketplaces.
Covered California scrambles to restore fumbled tax credits
Nearly 10,000 Covered California policy holders have lost their federal tax credits – at least temporarily – due to a bookkeeping error by the state health insurance exchange. But Covered California is still trying to contact these individuals and families to fix the problem, and the agency promises to reinstate their tax credits retroactively if they give it permission to verify their income, said Covered California spokeswoman Lizelda Lopez.