Last week, the Centers for Medicare and Medicaid Services (CMS) announced that average premiums in Medicare Advantage (MA) for 2012 have fallen by 7 percent, and enrollment has increased by about 10 percent. This is great news for the program, which allows seniors to receive Medicare benefits through a private …
Over the course of the campaign, President Obama repeatedly promised: “If you like your current insurance, you can keep your current insurance”—despite any reforms his Administration would implement. This claim is far from true, as Amy B. Monahan and Daniel Schwarcz illustrate in their 2011 study “Will Employers Undermine Health …
Americans are well aware by now that Obamacare was sloppily written, a fact that has resulted in numerous unintended consequences that will adversely affect the nation. In light of a recent report from the House Committee on Energy and Commerce, the newly created Early Retiree Reinsurance Program (ERRP) can be …
This week marks the first anniversary of Obamacare. In response, Heritage analyst Brian Blase has provided a one-year checkup on the provisions that are already in place and the effects Americans are experiencing as a result. Obamacare’s more popular provisions were supposedly front-loaded, and liberals are taking full advantage of …
One provision of Obamacare has already spawned a nightmare for doctors, pharmacists, and patients. As of January 1, Americans with health savings accounts (HSAs), flexible savings accounts (FSAs), and health reimbursement accounts (HRAs) can no longer purchase over-the-counter (OTC) drugs using these tax-exempt accounts. After only a couple of months, …
Missed deadlines by the Department of Health and Human Services (HHS) continue to show us the absent-minded way in which Obamacare was put together. Finishing the health care reform race “first” was more important to the liberals in Congress than finishing with “success.” Lawmakers hastily wrote and passed a book …
Major Chicago pharmaceutical company Abbott Laboratories will be forced to cut 1,900 jobs (more than 2% of their entire workforce) it announced late yesterday afternoon. As Bloomberg notes, these cuts follow almost 9,000 jobs the company cut just last September. In a statement announcing the cuts, a spokesman explained that Obamacare had …
This year, as the clock strikes twelve on New Year’s Eve, Americans who depend on health savings accounts (HSAs) to make medical expenditures more affordable will experience first-hand yet another adverse side effect of Obamacare. Starting in 2011, American families will no longer be able to use HSAs to purchase …
