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Posts Tagged ‘East Dundee’

How your health care would change under “Medicare for All”

Monday, April 15th, 2019

Axios reports:

“Bernie Sanders’ “Medicare for All” push has upended Democratic politics almost as thoroughly as it would upend the health care system.

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Lower costs, fewer benefits in new health insurance option

Tuesday, June 19th, 2018

AP News reports:

“The Trump administration’s new health insurance option offers lower premiums for small businesses and self-employed people, but the policies are likely to cover fewer benefits.

Another caveat: if healthy people flock to the new plans as expected, premiums will rise for those who need comprehensive coverage.

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4 New Exemptions To The Tax Penalty For Lacking Health Insurance

Tuesday, May 8th, 2018

NPR reports:

“There already have been more than a dozen reasons U.S. consumers can use to avoid paying the penalty for not having health insurance. Now the federal government has added four more.

These “hardship exemptions” let people off the hook if they can’t find a marketplace plan that meets not only their coverage needs but also reflects their view if they are opposed to abortion.

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Amazon, JPMorgan, Berkshire create new company to tackle health care costs

Thursday, February 1st, 2018

The Chicago Tribune reports:

Three of corporate America’s heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — sent a shudder through the health industry Tuesday when they announced plans to jointly create a company to provide their employees with high-quality, affordable care.

The announcement was short on details about precisely what the independent company will do. But given the three players’ outsize influence — and Amazon’s ability to transform just about everything it touches — the alliance has the potential to shake up how Americans shop for health care, and the stocks of insurance companies, drug distributors and others slumped in reaction.

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Trump ending lower-income Obamacare subsidies, threatening the law’s marketplaces

Monday, October 30th, 2017

The Chicago Tribune reports:

“The Trump administration informed a federal appeals court on Friday that the government would immediately halt payments to insurers that help millions of lower-income Americans afford coverage under the Affordable Care Act, formalizing a decision that could upend individual insurance markets across the country.

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No one thinks the GOP health bill is a good idea for Illinois

Friday, March 24th, 2017

Crains Chicago Business reports:

“There are not many things that Republicans and Democrats in Illinois agree on. But there’s near universal consensus that House Republicans’ proposed Obamacare replacement would do serious harm to Chicago and the state as a whole.

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How I Was Wrong About ObamaCare

Tuesday, August 2nd, 2016

The Wall Street Journal reports:

“I was wrong. Wrong about an important part of ObamaCare.

When I joined the Obama White House to advise the president on health-care policy as the only physician on the National Economic Council, I was deeply committed to developing the best health-care reform we could to expand coverage, improve quality and bring down costs. We worked for months to pass this landmark legislation, and I still count celebrating the passage of the Affordable Care Act with the president one balmy spring night in 2010 as one of my greatest Washington memories.

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Big news for Chicago-area Obamacare insurance exchange: Cigna seeks to join

Tuesday, July 26th, 2016

The Chicago Tribune reports:

“One of the nation’s largest health insurance companies plans to enter the Obamacare marketplace in the Chicago area for the first time, bringing new competition as other insurers exit or go out of business.

The Tribune has confirmed that Cigna, based in Bloomfield, Conn., has filed plans to sell health policies to individuals and families who purchase their own coverage in the individual market. If the plans are approved by Illinois regulators, Cigna will start selling policies Nov. 1, when enrollment for 2017 Obamacare coverage opens.

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Feds Tightening Use Of Short-Term Health Insurance

Tuesday, June 14th, 2016

Insurance News net reports:

The Obama administration wants to limit consumers’ use of short-term insurance plans, which a growing number of Americans have been buying in response to the Affordable Care Act’s requirements to have health coverage.

This week, the U.S. Department of Health and Human Services proposed limiting short-term health policies to a term of three months. Currently, short-term policies can be issued for a term of up to one year.

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Obamacare Encounters Another Bump in the Road

Thursday, April 28th, 2016

According to News Max Finance:

” Well, the hammer has fallen: The largest health insurer in the U.S. has started pulling out of select Obamacare exchanges.

Five months ago UnitedHealth, which had been singing sunny songs to investors about its bright future on the exchanges, abruptly began crooning the blues. In an earnings call barely a month after executives assured investors that all was going swimmingly, they confessed that they were losing a ton of money on their Obamacare policies and described a pattern that sounded as if consumers were gaming the system — signing up for a few months, using a ton of services, and then canceling their policies. If this continued, they said, they would have no choice but to pull out of the exchange business. (more…)

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