Medicare Won’t Be Bankrupt by 2026 – But It’s Not in Good Shape Headlines this week proclaimed that Medicare would be insolvent by 2026, three years earlier than predicted in last year’s Trustees report from Social Security. Per this year’s report on the state of...
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New Attempt to Repeal ACA?
With midterm elections looming and many experts predicting a Democratic sweep, Republicans may be considering another attempt to repeal the Affordable Care Act (ACA). This would be the fourth attempt by the GOP to repeal the national healthcare act, something many...
CMS Reports 11.8 Million People Signed Up for Health Insurance Using Exchanges in 2018
CMS Reports 11.8 Million People Signed Up for Health Insurance Using Exchanges in 2018 Final numbers for the 2018 open enrollment period indicate that about 11.8 million people used federal or state marketplaces to sign up for health insurance. The Centers for...
Premiums Up for 2019
Without Congressional intervention, insurance companies indicate that insurance premiums will rise again in 2019. Insurers only have until summer to decide if they will continue to participate in the insurance marketplace, and many claim they are suffering significant...
Deadline for Comments on Short-Term Health Insurance Proposal Expires
The deadline for comments on the Department of Health and Human Services proposal to give Americans a choice to buy short-term health insurance plans for one year has expired. According to the Washington Post, the agency received a multitude of responses asking the...
Healthcare the Number One Problem Facing Americans? Maybe Not
Senator Chris Murphy, a Democrat from Connecticut, recently stated in an article by Vox that healthcare was the most important issue in the United States. Sen. Murphy and Sen. Jeff Merkley (D-Ore) are proposing legislation that would allow employers and individuals to...
Centene Profits Grow Thanks to an Increase in Members
Centene Corporation announced on April 24 that its first-quarter profit more than doubled. One of the largest insurance companies in the Obamacare business, Centene attributed its growth to market stabilization, an increase in members and lower costs out of its...
New Jersey First to Reinstate Individual Mandate for Health Insurance
New Jersey has become the first state to impose its own requirement for healthcare coverage after the individual mandate was repealed at the federal level late last year. On Friday, April 13, the Garden State voted 23-13 in the state Senate and 50-23 in the state...
Limited Options on Obamacare Exchange? There’s an Exemption for That.
Under the direction of the Trump administration, the Centers for Medicare and Medicaid Services announced an Affordable Care Act exemption for people who live in counties with only one option for an on-exchange insurer. Now, people who live in counties with no...
How is the GOP “Determined to Save Medicare?”
Medicare is considered an entitlement because most Americans get Medicare part A (the part that covers hospitalization) for free when they turn 65 years old. Medicare part B (the part that covers doctor visits) is usually a companion of part A, but seniors pay a...