One of Obamacare’s many failures is the temporary small business tax credit, which is intended to encourage small employers to offer health insurance to their employees by partially offsetting the cost. Thus far it has largely failed to do so. Initially, the IRS estimated that 4.4 million taxpayers could have …
Remember that repetitive presidential promise to “cut the cost of a typical family’s premium by up to $2,500 a year”? As 2014 and full implementation of Obamacare get closer, it is crystal clear that won’t be the case. Obamacare’s most onerous insurance regulations will directly cause insurance premiums to skyrocket, …
Expanding Medicaid will be costly for most states. The authors of The Patient Protection and Affordable Care Act of 2010 (Obamacare) threatened to strip all federal funding for states’ Medicaid programs if they refused to expand the entitlement. But 27 states filed suit over Obamacare and the Supreme Court struck …
While Members of Congress are arguing about defunding parts of Obamacare, the rubber is meeting the road in the states. Governors and state legislatures are sweating decisions about setting up government health care exchanges and expanding the Medicaid program. While the offer of additional federal money for Medicaid is tempting …
Obamacare is approaching its three-year anniversary next week. And while it’s having an impact on nearly all Americans in one way or another, businesses are facing some of the biggest challenges related to the law. Heritage hosted a panel Monday to examine the implications of the Affordable Care Act. Robert …
As employers and businesses prepare for Obamacare’s sweeping changes and mandates to begin in 2014, many are already laying off some of their employees. An event at Heritage today will discuss the burdens of the law both for small businesses’ ability to hire and grow and individuals’ ability to find …
The Medicaid expansion is touted by proponents of Obamacare as a “no-brainer.” While it is true that some states may see projected savings, it is erroneous to claim that this experience applies to every state. Proponents predict that by expanding Medicaid states will be able to reduce payments to health …
Obamacare has been law for nearly three years, with its anniversary approaching on March 23. And while the major provisions (exchange subsidies and Medicaid expansion) aren’t slated to begin until 2014, Obamacare is already having devastating effects on Americans and their health care. Recall that fateful Presidential promise, made on …
