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Posts Tagged ‘Geneva’

The ‘Affordable’ Care Act, another Christmas bah-humbug

Monday, January 11th, 2016

The Hill Reports:

“‘Tis the season for giving—and for the Affordable Care Act, it’s become the season for giving bad news. For the third year in a row, open enrollment has given millions of hardworking Americans news that their health insurance will have higher premiums, fewer choices, and more out-of-pocket costs—if their insurance will even exist after the holidays are over.

But this sad reality won’t be found in the flowery rhetoric of the law’s supporters. From President Obama to Hillary Clinton to many candidates for both the U.S. Senate and House, politicians are claiming the law is a smashing success. This might make for a good stump speech for the base, but these claims carry huge political risks: They sound woefully disconnected from the struggles millions of Americans are suffering under this law.

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Will Only Suckers Pay The ObamaCare Tax Penalty?

Friday, February 27th, 2015

Investor’s Business Daily reports:

“This year, as many as 6 million taxpayers will learn that they now owe a “Shared Responsibility Payment” because they didn’t have health insurance last year.

The SRP is a clumsy euphemism for the ObamaCare individual mandate tax penalty, which is $95 or 1% of household income, whichever is greater, for those who didn’t have insurance in 2014. That increases to the greater of $325 or 2% of income for those who don’t have insurance this year, and then to $695 or 2.5% of income the year after that.

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Medical Debt Still a Problem Under Health Law — Despite Protections

Tuesday, February 10th, 2015

Kaiser Health News reports:

“Elizabeth and Britt Harmon struggled for years to have a child, and were thrilled when their son Orin was born in February 2013. But they were unprepared for the medical problems that then upended the Brooksville, Maine couple’s lives.

Orin was born with pulmonary stenosis, a heart condition, and severe asthma.  He required constant care, including frequent trips to the hospital and medications that cost hundreds of dollars. The Harmons had insurance through Britt’s job at a plumbing company, but it covered “maybe half” of their child’s medical expenses, Elizabeth said.

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A Two-Tiered Health Care System Is Coming Faster Than You Think

Wednesday, November 5th, 2014

Forbes reports:

“Get ready for two different health care systems. In one, patients will be able to schedule a doctor’s appointment in one or two days. In the other, patients will wait weeks or even months – with access problems similar to those in Canada. Patients who get health insurance in the new (Obamacare) exchanges will be in the lower tier. In fact, they may have even greater access problems than patients on Medicaid.

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New Guidance on Information Reporting Requirements Under the Affordable Care Act

Wednesday, September 3rd, 2014

SBA.gov reports:

“Under the provisions of the Affordable Care Act, those employers that are subject to the Employer Shared Responsibility provisions must report certain information regarding the health coverage they offer their full-time employees (known as Section 6056 reporting).  The law also requires information reporting by insurers, self-insuring employers, and other parties like governmental entities that provide health coverage to individuals (Section 6055 reporting).  These reporting provisions take effect on January 1, 2015, and the first reports are due to the Internal Revenue Service in early 2016.

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Some with Obamacare find they’re losing their doctors

Thursday, June 12th, 2014

Crain’s Chicago Healthcare Daily reports:

“Some consumers who bought insurance under President Barack Obama’s health care law are experiencing buyer’s remorse after realizing that their longtime doctors aren’t accepting the new plans.

Before the law took effect, experts warned that narrow networks could impact patients’ access to care, especially in cheaper plans. But with insurance cards now in hand, consumers are finding their access limited across all price ranges — sometimes even after they were told their plan would include their current doctor.

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Support For Employer-Provided Health Plans Starts To Erode

Wednesday, April 2nd, 2014

Insurance News Net reports:

“The rumblings of employees dissatisfied with the value of employer-sponsored health benefits are getting louder.

But are the grumblings loud enough for employees to put their money where their mouths are? Are employees willing to walk out the door and leave their employer-sponsored cocoons, tossing all the value talk out the window?

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Obama administration delays another healthcare reform provision

Tuesday, September 3rd, 2013

HR . BLR . com reports:

“The Obama administration has revealed the delay of another Affordable Care Act (ACA) provision. The administration has postponed a consumer protection provision that limits out-of-pocket costs until 2015. Under the provision, the limit on such out-of-pocket costs was not supposed to exceed $6,350 for an individual and $12,700 for a family.

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