On Thursday, December 21, the Centers for Medicare and Medicaid Services (CMS) released its weekly snapshot for the last full week of enrollment, measuring signups from December 10 through December 15. During this seventh and final week, a little over 4.1 million people enrolled in or renewed their major medical coverage for 2018. These numbers… Continue Reading ›

With uncertainty in the health insurance market, recent surveys have found that the uninsured rate is rising in the United States. In the second half of 2016, the rate of people without health insurance was 10.9 percent, but as of the third quarter of 2017, that rate has risen to 12.3 percent. The boost in… Continue Reading ›

Nearly 1.1 million people signed up for health insurance during week six of open enrollment using the federal exchange site at HealthCare.gov, according to data released by the Centers for Medicare and Medicaid Services (CMS). The annual signup window for private, nongroup health insurance lasted just 45 days this year and will end this Friday,… Continue Reading ›

Early morning on Saturday, December 2, the Senate passed the largest tax reform bill in three decades. Known as the Tax Cuts and Jobs Act (TCJA), the bill lowers the tax burden on corporations by a significant amount – down to 20 percent over the current rate of 35 percent. The bill also recategorizes taxpayers… Continue Reading ›

Following months of political back-and-forth over healthcare reform, Republican lawmakers in Congress have opted to try a new approach in undermining the Affordable Care Act: repealing the individual mandate via tax reform. A recent tax bill introduced earlier this month now includes a provision to strike down the key requirement under Obamacare that every American… Continue Reading ›

Many Americans are confused over the current climate of the Affordable Care Act. With open enrollment underway, some people believe the law no longer exists, while others believe premiums are on the rise and they can no longer afford monthly payments for health insurance. The Trump administration has made significant changes to how Obamacare gets… Continue Reading ›

Health insurance – and the state of healthcare in the U.S. – has topped news headlines for months thanks to ongoing debate in Congress over how to handle the Affordable Care Act. No new law has replaced former President Obama’s signature legislation, but confusion abounds as we head into the third week of open enrollment… Continue Reading ›

Last week, President Trump announced that he would not be continuing federal payments to insurers for cost-sharing reductions offered on the health insurance exchanges. These payments, known as cost-sharing reduction payments (CSRs), have been a major source of uncertainty in the Obamacare marketplace. Insurers responded by hiking premiums to compensate for the expected loss of… Continue Reading ›