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    It’s Not the Value of the Chinese Currency: The Proof in Charts

    While the U.S. Treasury did not label China as a currency manipulator this week, it did criticize the Chinese authorities for recently intervening in the foreign exchange market. However, the yuan–dollar exchange value has no effect on the U.S.–Chinese bilateral trade balance. This is because a lot has changed in … More

    See the Map: Obamacare Exchanges Have Reduced Insurance Competition Nationally

    A recent Heritage analysis found significantly less insurer competition in the Obamacare exchanges relative to the prior individual health insurance market. Heritage Foundation senior fellow Ed Haislmaier examined insurer participation in the exchanges and found that nationally there will be “29 percent less insurer competition in the exchanges relative to … More

    States or Feds Running Obamacare Exchanges Made Little Difference to Insurers

    After three years of preparation and much anticipation, Americans can finally see whether Obamacare’s state or federally operated insurance exchanges will provide more competition for consumers’ business. As the table shows, the results are in, and there seems to be no correlation. Heritage Foundation senior fellow Ed Haislmaier recently examined … More

    Obamacare Website Calculator Doesn't Show Real Cost of Many Plans

    CBS News reports this morning on another problem with the flawed Obamacare exchanges: In many cases, the new online calculator available at healthcare.gov underestimates premium costs for health insurance: Industry analysts, such as Jonathan Wu, point to how the website lumps people only into two broad categories: “49 or under” … More

    Obama's Defense of Obamacare and Its Failed Website

    Here’s what the president did—and didn’t—say about Obamacare in his talk today. What the President actually said doesn’t stand up to scrutiny. He claimed that “the product [i.e., Obamacare] is good,” and that the law was “a good deal.” But the law is NOT a good deal for the millions … More

    The Broken Promise Underlying Obamacare's Exchange Debacle

    The public recriminations continue surrounding Obamacare’s terrible, horrible, no good, very bad week and the myriad problems plaguing health insurance exchanges. But the concerns about flawed websites and consumer privacy are also symptoms of trying to mask the massive premium increases due to Obamacare. The Associated Press (AP) explains that … More

    Insurers Now "Scared to Death" of Obamacare

    Bloomberg has a must-read story this morning highlighting yet more faults with Obamacare’s exchanges. Specifically, the faults in the exchanges’ computer software aren’t just hitting consumers trying to shop for plans—they’re hitting insurers as well: Insurers are getting faulty and incomplete data from the new U.S.-run health exchange, which may … More

    Obamacare's Terrible, Horrible, No Good, Very Bad Week

    It’s now been seven days since Obamacare’s exchanges officially launched. In reality, however, the “launch” has more closely resembled a blooper reel of rocket failures than a smooth takeoff. Here is but a sampling of the problems, failures, and glitches that have turned the exchanges into a comedy of errors: … More

    Cyber Failures in Obamacare Exchanges: Dangerous to Your Wallet and Privacy

    Yesterday marked the grand opening of the new Obamacare health insurance marketplaces, and the rollout did not go smoothly. Even more worrying is that these website errors are only the tip of the iceberg. Just a few weeks ago, Members of Congress and several experts challenged the Department of Health … More

    Day One of Obamacare's Exchanges, By the Numbers

    Obamacare’s exchanges have now been “open” (such as it is) for more than 24 hours. The results are in, and they’re not promising: 0—Enrollment navigators certified in Wisconsin in time for the start of enrollment. 0—Individuals one North Carolina insurer was able to sign up for subsidized insurance. 3—Months President … More