Residents of Pennsylvania and Delaware who depend on federal subsidies for affordable health insurance have a reason to celebrate. As of Monday, the federal government has approved contingency plans in both states that will allow people to continue receiving subsidies thanks to newly created state-run health insurance marketplaces. The state-run exchanges have been conditionally approved… Continue Reading ›

As of the end of the second open enrollment period under the Affordable Care Act, 87 percent of the people who signed up for health insurance using the federal marketplace at HealthCare.gov qualified for an advance premium tax credit, also called a subsidy, according to a report issued by the Department of Health and Human… Continue Reading ›

Earlier this month, government officials with the White House Council of Economic Advisers released a report summarizing the benefits of Medicaid expansion, noting in particular the devastating effects of non-expansion in states that have opted out of the Affordable Care Act’s new provisions. Under the new healthcare law, the income cutoff to qualify for Medicaid… Continue Reading ›

  At the close of the Affordable Care Act’s second annual enrollment period in February, government officials looked forward to claiming another victory for proponents of the new healthcare law as 11.7 million people signed up for health insurance or retained their existing policies from 2014. As of June 2, the total enrollment number has… Continue Reading ›

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 ›