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.
Monday marked the fifth anniversary of President Obama signing the Affordable Care Act (ACA or Obamacare) into law. The Administration is touting the "success" of the legislation. What is the reality?
Americans continue to oppose the law. Real Clear Politics averaged six recent polls and found that 52.5 percent opposed the ACA and 42.5 percent approved of the law. This ten percent difference remains constant since the bill was signed into law.
Republicans in both the U.S. House and Senate released proposed budgets this week. (Here)(Here)The House version cuts spending by $5.5 trillion and balances the budget in nine years. The Senate proposal cuts $5.1 trillion in spending and balances the budget in ten years. There is currently controversy within the Republican Party based on the amount of defense spending. (Here)
Local taxpayers could face a large tax increase when the Affordable Care Act’s (ACA) “Cadillac Tax” on health insurance plans begins in 2018. This new tax will impose a 40 percent excise tax on health insurance plans the ACA sees as too generous, defined as $10,200 per year for an individual and $27,500 per year for a family. The cost of a health insurance plan above those amounts will be subject to the 40 percent tax.
Tomorrow, the U.S. Supreme Court will hear another case dealing with the Affordable Care Act (ACA) or Obamacare. This case, King versus Burwell, deals with the legality of the Internal Revenue Service giving subsidies to people who purchase health insurance in the federal health insurance exchange. Thirty six states either chose to use the federal exchange or were unsuccessful in establishing their own exchange.