However, they're technically not
Obamacare insurance, they're Kaiser, Aetna, UnitedHealthCare, or whatever private health insurance company sold that particular health insurance policy.
Have high deductible plans and want to mitigate that financial risk: Some major medical plans (both short - term health and
Obamacare insurance) have very high deductibles but Agile Secure can provide cash to pay down those deductibles in the event of a covered accident or diagnosis of a critical illness.
But combined with the fact that
Obamacare insurance premiums are coming in lower than expected, the flood of public interest indicates success, since it shows that the uninsured actually WANT to take advantage of their opportunity to get coverage.
The Obamacare insurance mandate is costlier for employers.
Louisiana, prior to expansion, had about 192,000 people in a coverage gap — that is, they earned too little to qualify for subsidies to help pay for private
Obamacare insurance but too much to qualify for traditional Medicaid.
But Kentucky, which ran its own
Obamacare insurance marketplace and expanded Medicaid, saw its uninsured rate plunge by 12.9 percentage points, landing at 7.5 percent of all state residents as of 2015.
Much of the overall membership drop has to do with Aetna's individual insurance sector, which has been struggling to maintain profits in
the Obamacare insurance marketplaces (which Aetna largely pulled out of for 2017.)
Prices of
Obamacare insurance rose about 25 % for 2017 and large insurers including UnitedHealth Group (unh) have abandoned plans for next year, saying that they are losing too much money on sick customers.
Republican Sens. Lamar Alexander and Susan Collins are delaying their effort to pass two bills aimed at stabilizing
Obamacare insurance markets, they announced on Wednesday.
Not exact matches
As if that weren't enough,
Obamacare's individual mandate includes a tax penalty for anyone who refuses to purchase health
insurance.
Oscar, which offers health
insurance policies that are easier to understand within a user - friendly app - based interface, has raised a reported $ 727 million in funding since 2013, though the company has failed to generate a profit and faces a murky future thanks to the uncertainty surrounding
Obamacare.
But these may, as I reported yesterday, amount to simple show votes before a final vote on a «skinny»
Obamacare replacement that would repeal the health law's individual
insurance mandate and not much else.
The Trump administration is giving companies that participate in
Obamacare's individual
insurance markets an extra three weeks to determine their 2018 premium rates.
The company also made waves as part of the insurer exodus from the individual
insurance sector (including
Obamacare marketplaces), which led to almost $ 700 million in losses between 2014 and 2016, according to Aetna.
The Trump administration's moves on
Obamacare last week — including the decision to stop paying subsidies meant to lower low - income enrollees» out - of - pocket medical costs to
insurance companies — have dominated health care headlines.
Furthermore, the CBO expects the Senate's health bill to substantially raise Americans» out - of - pocket medical costs by slashing
Obamacare's mandated benefits and rolling back assistance to poorer and sicker people, as well as discouraging some low - income Americans from buying
insurance in the first place (the BCRA would nix
Obamacare's requirement that people carry coverage or pay a fine).
The trouble with that setup is that it could, as the America's Health
Insurance Plans (AHIP) trade group recently warned, substantially raise premiums for the sick and medically needy, who would stampede over to the more generous
Obamacare - compliant plans and thus make those plans far more costly.
The situation is analogous to health care policy in the years before
Obamacare, when, in the absence of a federal consensus, Massachusetts pioneered its own law aimed at reforming health
insurance (which later became a model for the Affordable Care Act).
The three conservatives didn't believe the Senate health bill dismantled enough of
Obamacare; Collins expressed concerns about its cuts to Medicaid and other provisions that could potentially roil
insurance markets.
A number of prominent GOP Senators, including Sen. Bill Cassidy, are sounding a defiant note on President Trump's proposal to end
Obamacare payments to
insurance companies — payments that help reduce the deductibles and out - of - pocket costs paid by low - income Americans who purchase a mid-level «Silver» plan in
Obamacare's markets.
And while a more straightforward repeal bill may be able to win back some of the conservative defectors, moderates like Sen. Rob Portman of Ohio and West Virginia's Shelley Moore Capito (in addition to Collins) have already expressed concerns that a repeal - only strategy without a replacement would wreak even more havoc on
Obamacare's individual
insurance marketplaces by creating long - lasting uncertainty.
The firm did report better than expected profits in the third quarter, and could potentially return to a bigger presence in the individual
insurance market once uncertainty around
Obamacare stabilizes.
I have a guide up on some of the most common questions about health
insurance open enrollment season, which begins today and ends December 15 for
Obamacare.
«From our standpoint, we want to make sure that as many people as possible maintain (
insurance) coverage,» said Dr. Mario Molina, CEO of Molina Healthcare (moh), which provides Medicaid and
Obamacare individual
insurance plans.
The uncertainty around whether the Trump administration will continue these payments — known as cost - sharing - reduction payments — has left insurers jittery and contemplating leaving the individual
insurance exchanges created by the Affordable Care Act, or
Obamacare.
Antos expects the replacement plan to also include individual
insurance that has a form of Federal subsidies, as envisioned in House Speaker Paul Ryan's proposed plan to replace
Obamacare.
Republican leaders have set Friday as the goal for working out changes to Senate legislation that would repeal extensive parts of the 2010 Affordable Care Act, the law dubbed
Obamacare that expanded health
insurance coverage to 20 million people.
The uncertainty Trump is sowing over the payments — known as cost - sharing - reduction payments — has left insurers jittery and contemplating leaving the individual
insurance exchanges created by the ACA, the healthcare law better known as
Obamacare.
Hospitals and health insurers are gaining confidence that their nightmare scenario — millions of Americans instantly losing health
insurance once President - elect Donald Trump delivers on a promise to «repeal and replace»
Obamacare — is looking more like a bad dream than becoming reality.
Trump is about to start undercutting
Obamacare by relaxing
insurance rules.
Trump reiterated his concerns Monday, tweeting, «If
ObamaCare is hurting people, & it is, why shouldn't it hurt the
insurance companies & why should Congress not be paying what public pays?»
Thanks to the ACA, or
Obamacare (or whatever you want to call it), now you can get
insurance without worry about pre-existing conditions.
Prior to
Obamacare's passage, many insurers were free to deny people with pre-existing conditions (including some as common as diabetes, heart disease, epilepsy, obesity, or even arthritis) access to any kind of
insurance and could hike rates once a customer got sick.
Kimmel has since actively railed against
Obamacare repeal efforts, arguing that various proposals being debated by the law's opponents would gut protections for people like Billy born with pre-existing conditions, either by rolling back
Obamacare's mandated
insurance benefits for certain health conditions or allowing states to set up rules that would let insurers charge sick people more for their coverage.
The plan removes
Obamacare's «individual mandate» provision, which requires everyone to buy health
insurance.
The Republican tax bill is a betrayal of the president's promise to provide affordable «
insurance for everybody» that is «every bit as good on pre-existing conditions as
Obamacare.»
After a fairly brutal assessment of what the Senate GOP's health care bill to repeal
Obamacare would do to the
insurance market, the Congressional Budget Office delivered another surprising analysis of the legislation on Thursday.
In a strange twist, many consumers shopping for health
insurance during the current
Obamacare enrollment period can actually get even cheaper coverage thanks to President Trump's decision to cut off certain subsidies paid to
insurance companies.
Plans sold under
Obamacare are individual health
insurance plans, which is just a tiny slice of the overall
insurance market.
Gender affirmation surgery is becoming a reality for 1.4 million American trans people as work health
insurance and
Obamacare coverage bring down the cost of a sex change.
St. Louis - based Centene, one of the largest players in the
Obamacare individual
insurance market, last month disclosed plans to expand into three new states in 2018.
White House counselor Kellyanne Conway says people on Medicaid who will lose coverage under the Republican plan to repeal
Obamacare could find jobs that provide health
insurance.
But there's one big exception: A majority of young Americans dislike «
Obamacare's» requirement that all Americans buy
insurance or pay a fine.
The news comes just weeks after federal officials drafted an interim final rule to roll back an
Obamacare mandate that religious employers cover birth control as part of health
insurance plans.
The AHCA attempts to preserve certain
Obamacare components (mandating coverage for Americans with pre-existing conditions, requiring insurers to provide certain benefits, etc) while massively scaling back others (including the Medicaid expansion which has covered millions of low - income people and replacing more generous
insurance subsidies with optional tax credits that can be used to buy coverage).
With a $ 90 million cut in
Obamacare outreach funding by the Trump administration,
insurance companies have been stepping up to inform Americans about the ongoing open enrollment period for plans sold under the Affordable Care Act.
Obamacare kicks in: For those who don't currently have health
insurance, this week marks the day when you too can access coverage through the federally - run health
insurance exchanges.
The Department of Health and Human Services this week announced a new proposal that would expand the use of short - term health
insurance plans, opening the door for more people to use the «skinny» coverage products while taking another swipe at the law known as
Obamacare.
Health
insurance companies are exploring new ways to diversify their revenues with acquisitions in acute care after federal regulators blocked two major mergers in the sector, and
insurance exchanges set up under the Affordable Care Act, popularly known as
Obamacare, came under pressure from Republicans.
And while many investors are, for the time being, simply steering clear of health care stocks whose future hinges on Americans» access to affordable
insurance, hospital stocks in particular have become a proxy for the perceived likelihood that Trumpcare will repeal and replace
Obamacare.