The United States spends more for health care than any other country. Last year, total costs were $3.15 trillion or 18 percent of the economy. For the past 30 years, health care payers, specifically the government, employers and insurance companies, have pursued ways to hold down health care costs.
The Republican presidential candidates held their second major debate earlier this week. After the U.S. Supreme Court's ruling in King versus Burwell this summer, many people assumed health care would take center stage in the campaigns. Obamacare, Medicare and Medicaid were barely mentioned during the debate.
However, several of the candidates have already taken a position on health care.
Presidential candidates are starting to issue their health care reform proposals. Repeal or reform of the Affordable Care Act (ACA), or Obamacare, is central to many of the plans.
The nonpartisan Congressional Budget Office (CBO), along with the Joint Commission on Taxation (JCT) weighed in this summer. (here) They found that for the period 2016-2025, repeal of the ACA would add $137 billion to the federal debt. This number would go up substantially for the following decades.
Consumer Operated and Oriented Plans, or CO-OPs, were placed in the Affordable Care Act (ACA) as an alternative to the public option. During the health care debate in 2009, proponents of more government control wanted a program that would compete with private insurance companies, hence the public option.
Washington state health care officials have begun traveling around the state to introduce a new Medicaid pilot project. (here) They have a 30 day window, ending August 23rd, for public comment on the plan.
One of the main goals of the Affordable Care Act (ACA), or Obamacare, is to decrease rising health care costs. The ACA allocated $10 billion to establish the Center for Medicare and Medicaid Innovation, a government organization charged with centrally planning health care delivery.
After the U.S. Supreme Court's recent decision on King versus Burwell, proponents of the Affordable Care Act (ACA), or Obamacare, have not only claimed victory, but are telling the rest of the country to get over it and just accept the ACA as the law of the land. They claim that millions of people have health insurance through the ACA, that the uninsured rate is dropping and that premium price increases, at least in the individual market, are slowing.
This morning the Supreme Court of the United States (SCOTUS) ruled on the latest challenge to the Affordable Care Act (ACA), or Obamacare - the King v. Burwell lawsuit. You can read about the ruling here. This suit deals with the legality of people receiving subsidies in the health insurance exchange established by the federal government. Some 36 states elected to use the federal exchange rather than set up their own exchange. Washington state is one of the 14 that established a state exchange.
Yesterday, the Centers for Medicare and Medicaid Services (CMS) released the premium requests for health insurance companies for 2016. The information applies to plans compatable with the Affordable Care Act (ACA), or Obamacare, and those sold through the state and federal health insurance exchanges. CMS organized the requests on a state by state basis. Only requests of a 10 percent or more increase were required to be submitted.
The Washington state legislature legalized Association Health Plans (AHPs) in 1995. The idea was to allow employers with 50 or fewer empoyees to buy high quality and affordable health insurance in the "large group market." Small employers could band together and form an AHP as long as they were in related industries.