In light of negative comments made by Congressional Democrats, President Obama discussed the implementation of Obamacare at a press conference this week, explaining that “even if we do everything perfectly, there’ll still be, you know, glitches and bumps, and there’ll be stories that can be written that says, oh, look, …
Maryland’s largest individual market insurer, CareFirst BlueCross BlueShield, has submitted an average proposed rate increase of 25 percent for next year, plainly citing Obamacare’s new rules as the reason. But the most telling piece of the story is that it originally wanted a 50 percent increase, as reported by Kaiser …
As Obamacare’s Medicaid expansion is being debated in the states, many myths are being perpetuated by its advocates. Here, Heritage provides the research to debunk such myths: 1. Myth: Expanding Medicaid is “free money” for the states. Reality: The expansion adds an estimated $638 billion in new government spending from …
Recently, prominent Democrats and a union leader have publicly revealed their concerns about Obamacare. At a hearing yesterday, author and supporter of Obamacare, Senate Finance Committee Chairman Max Baucus (D–MT), revealed his unease about the law’s confusing implementation to Health and Human Services Secretary Kathleen Sebelius, who is in charge …
In the past 24 hours, cancer patients’ access to Medicare treatment has been the focus of an alarming headline. In this case, the budget sequestration—an idea originally proposed and now routinely derided by President Obama—is identified as the culprit. But policymakers and taxpayers alike may want to take a closer …
There seems to be much confusion surrounding the recent drama of Medicare Advantage’s (MA) 2014 payment rate. Here’s what happened: In February, the Centers for Medicare and Medicaid Services (CMS) released its advance notice of estimates of the national per capita Medicare Advantage (MA) growth percentage, which is a key …
Today marks three years since Obamacare was signed into law, and taxpayers probably aren’t celebrating. Over the last three years, the Congressional Budget Office (CBO) has revised its cost estimates for Obamacare’s new entitlements—the Medicaid expansion and exchange subsidies—many times, and they have more than doubled since 2010. The first …
Adding to the list of documented Obamacare failures (see here, here, here, and here) is the Early Retiree Reinsurance Program (ERRP). Obamacare created the ERRP to provide employers and other health plan sponsors funding for insuring early retirees between the ages 55 and 65 and their dependents. Eligible plan sponsors …
Accountable Care Organizations (ACOs)—a concept that a group of doctors and hospitals will work collectively to manage the care and costs of Medicare patients—were expected to transform the delivery of health care. Yet again, much like the rest of Obamacare, these promises appear to be falling short of expectations. In …
