Obamacare News

Rising health insurance premiums under Obamacare will continue to hit Americans this year, according to a new report from the Congressional Budget Office. “High and rising premiums for private health insurance are a matter of concern for [Obamacare] enrollees. They also affect the federal budget, because the federal government subsidizes most premiums—directly or indirectly—at a cost of…

The government granted up to $750 million in Obamacare tax credits to 500,000 persons who weren’t eligible, many of whom may have been illegal immigrants, a Senate report says. Half a million individuals mistakenly received the tax credits because of a lapse in verification of their legal status and a lack of coordination among government agencies, the report determined….

The House on Tuesday failed to override a veto from President Obama striking down a bill that repealed key provisions of his signature health care law and placed a one-year moratorium on federal funding for Planned Parenthood. The Republican-led House lacked the two-thirds majority needed to override the president’s veto of the legislation, which he…

A 168-year-old Christian college in Pennsylvania is going to the U.S. Supreme Court to defend its refusal to obey an Obama administration mandate to provide what the school considers abortion services to employees. Geneva College, near Pittsburgh, filed a lawsuit against the Obama administration in 2012 over the  Obamacare mandate requiring employers to offer employee health plans that cover all federally approved birth control methods. …

Millionaires are qualifying for Obamacare subsidies meant to assist low-income Americans who are unable to afford health care, thanks to a flaw in the law. Carolyn McClanahan, a financial adviser and medical doctor in Florida, told CNBC she has advised at least five of her millionaire clients to enroll in health care plans under the Affordable…

After insurance companies sounded the alarm on how customers can take advantage of special enrollment periods allowed under Obamacare, raising costs for other consumers, the Obama administration announced changes to limit people’s ability to enroll in coverage outside the normal enrollment window. The Centers for Medicare and Medicaid Services announced Tuesday it is eliminating six…

Premiums under the Affordable Care Act will rise in nearly every state this year, spiking health insurance costs for nearly all Americans, according to a new report. All states, with the exception of Mississippi, saw the cost of health insurance premiums increase for 2016. And in most states, Americans using Obamacare's individual marketplace to purchase insurance saw…

Republican lawmakers hold on to hope of repealing Obamacare and defunding Planned Parenthood, despite President Barack Obama’s veto Friday of a bill to do just that, at least in part. “Because of the harm this bill would cause to the health and financial security of millions of Americans, it has earned my veto,” Obama said…

The agency charged with overseeing implementation of the Affordable Care Act could not guarantee that tax credits under the law went solely to Obamacare enrollees who had paid their premiums, government inspectors discovered. A report released Wednesday said that in 2014, the Centers for Medicare and Medicaid Services relied on health insurers to confirm that payments based on the tax…

For the first time, Congressional Republicans sent a bill repealing key provisions of President Barack Obama’s signature healthcare law to his desk. Following the upper chamber’s lead, the House passed a reconciliation bill, 240-181, repealing measures of Obamacare and placing a one-year moratorium on federal funding for Planned Parenthood this evening. The Senate passed the…

“Step-by-step” changes to Obamacare are the way to improve the health care system, the chairman of the Senate’s committee on health issues says. Sen. Lamar Alexander, R-Tenn., predicts that bipartisan changes to President Barack Obama’s signature health care law will occur over the span of a few years. “I think over the next four or five years…

A new report examining the collapse of Health Republic of New York, Obamacare’s largest co-op, said its failure—which may lead to a $265-million loss of taxpayer dollars—can be attributed in part to heightened regulatory control by the state. According to the analysis from the Albany, New York-based Empire Center, a “breakdown” in oversight from the…

A provision of the omnibus spending bill prohibiting taxpayer dollars from being used to “bail out” insurers under Obamacare’s risk corridor program could jeopardize the future of the co-ops created under the health care law. Republicans included language restricting the use of taxpayer dollars for Obamacare’s risk corridor program, which they call a taxpayer-backed insurer…

If you ask Tom Loventhal, a deli is no more than a place to provide customers with comfort food. Whether it’s breakfast—served all day—soup or a sandwich, Loventhal’s motto has always been that at his Nashville, Tenn.,-based deli, “anyone is welcome here from ages 0 to 99, because you’ll find something on the menu.” And…

Over the next decade, 2 million workers could decide to leave the workforce because of Obamacare, according to a new report. According to the report from the Congressional Budget Office, the workforce is projected to shrink by 2025 by just under 1 percent—the equivalent of 2 million full-time workers—because of the health care law and…

In their lists of demands for the $1.- trillion omnibus spending bill, Republican lawmakers and leaders of conservative groups are calling on House and Senate leadership to stymie the federal government’s ability to use taxpayer dollars to pay insurance companies through Obamacare’s risk corridor program. But what exactly is the risk corridor program, and how…

Senate Democrats blocked GOP efforts Thursday to repeal Obamacare’s risk corridor program, which Republicans have referred to as a taxpayer-funded bailout of insurers. Now, conservatives are looking to the $1.1-trillion omnibus spending bill to continue restricting the use of taxpayer dollars for the program. As Congress begins to debate this year’s omnibus spending bill, Sen….