The healthcare system in the United States has changed over the past five years thanks primarily to the Affordable Care Act. Under the ACA, consumers have more rights and protections, and programs like Medicare are being monitored more closely to ensure maximum efficiency. As a result, most Medicare beneficiaries will continue to see increased costs… Continue Reading ›

Nearly a month after the close of another tax season, financial analysts and healthcare officials have been crunching the numbers to see how the Affordable Care Act impacted tax season 2015. This was the first year that the ACA affected annual returns. For taxpayers who didn’t sign up for health insurance in 2014, the IRS… Continue Reading ›

Proponents of the Affordable Care Act have yet another reason to claim victory at the close of the second enrollment period this year. Since the major provisions of Obamacare went into effect in September 2013, nearly 17 million people have gained health insurance according to a longitudinal study funded by the RAND Corporation. The nonprofit… Continue Reading ›

Last year, medical debt accounted for the highest percentage of personal bankruptcies in the United States according to a Harvard study. Researchers found that 62 percent of personal bankruptcies resulted from excessive medical expenses, and it wasn’t always the uninsured who suffered the burden of unpaid medical bills. Even people with insurance face financial difficulties… Continue Reading ›

April 14, 2015 — The Affordable Care Act celebrated yet another milestone at the end of last month. Five years ago, on March 23, 2010, President Obama signed into law the Patient Protection and Affordable Care Act, changing the face of the American healthcare industry forever. The law has earned a number of nicknames in… Continue Reading ›

As the Affordable Care Act rings in its fifth year, supporters have a lot to celebrate at the close of the law’s second open enrollment period only a month ago. The official sign-up period ended on Feb. 15, but some consumers were given a last-minute chance to enroll if they were still waiting to get… Continue Reading ›

As the second annual enrollment period of the Affordable Care Act drew to a close last week, analysts already began looking at the numbers for the 2015 season. Government officials had set a target of 9.1 million sign-ups earlier in the year, and recent reports suggested that enrollment would exceed this relatively modest goal. According… Continue Reading ›

The Affordable Care Act attempts to revolutionize all aspects of the American healthcare industry, including Medicare. According to the Centers for Medicare & Medicaid Service, the new healthcare law will save Medicare beneficiaries about $4,200 over the next decade thanks in part to better access to preventive care and lower drug costs. The ACA hopes… Continue Reading ›