Republican presidential candidate and Ohio Gov. John Kasich is deriding his party’s 2014 pledge to repeal the Affordable Care Act, President Obama’s landmark healthcare overhaul, as a “big joke” and a “stupid promise.”
“You’ve been supporting conservative candidates,” Kasich said Tuesday in comments on a Wisconsin radio talk show, first reported by BuzzFeed News. “They told you in 2014 that they were going to repeal Obamacare. Do you realize, that’s just–that’s a big joke?”
A study early this year from ValuePenguin, a financial education website, found that only 19% of health plans on the federal Obamacare marketplace were eligible for health savings accounts (HSAs), even though the vast majority of them had high deductibles.
HSAs help ease the financial burden of high-deductible plans by allowing workers to sock away pretax money to pay for qualifying medical expenses before their deductible is reached and the health plan’s coverage kicks in. When a marketplace health plan is eligible for an HSA, the consumer in that plan would have to go to a nearby bank or other financial institution to open his own account — an extra step, for sure, but one that can reap rewards down the line.
Hillary Clinton – whose 2008 healthcare plan was savaged by Obama on the campaign trail before he adopted it as it own upon assuming office — feels obligated to declare that Obamacare is working, a fantasy that results in this sort of aloof dissembling when confronted with real people’s painful realities.
And yet Clinton’s daughter in a video effectively discredits the central premise of the so-called “Affordable” Care Act, assuring voters that her mother will consider a litany of options (including unilateral executive action) to “fix” the problem that Obamacare was ostensibly passed to solve once and for all.
The Affordable Care Act, better known as Obamacare, has seen its fair share of challenges from likely suspects such as GOP political opponents, conservative think tanks and closely held for-profit businesses like Hobby Lobby. On Wednesday, however, the Supreme Court will hear a challenge to the law that comes from unlikely quarters: an order of nuns called the Little Sisters of the Poor.
The White House is looking to avoid a partisan flare-up as it rings in the sixth anniversary of Obamacare.
In a series of events this week, the Obama administration will look beyond the law’s central issues of access and affordability and explore the “next chapter” of healthcare reform.
Health and Human Services (HHS) Secretary Sylvia Mathews Burwell plans to “broaden the conversation” about the 2010 law to highlight system-wide reforms to lower costs and improve quality, a senior administration official told The Hill.
New exchange enrollment data released by the Obama administration reveal in multiple ways that Obamacare is failing to live up to its goal of providing affordable care.
That’s no small problem when the law mandates that people buy coverage or face a fine. The fact that enrollment grew only modestly in the law’s third year despite the ramping up of the mandate penalty underscores the reality that Obamacare only offers poor options to far too many millions of people.
The Affordable Care Act, also known as Obamacare, has its share of detractors in the Republican party. In fact, many of them are currently running for that party’s presidential nomination. But in June, one lifelong Wisconsin Republican, Brent Brown, wrote a letter to the president about the ACA. And unlike most of his party, Brent had changed his mind on the bill. Why? Because it saved his life.
About 20 million adults under the age of 65 have gained health insurance of some kind in the six years since Obamacare has been law, leading to an all-time low rate of Americans without insurance, President Barack Obama announced Thursday, March 3, 2016.
On the eve of the next GOP debate, the front-running real estate mogul advanced several ideas that align with many conservative proposals to replace the health care law. He calls for Medicaid to be transformed into a state block grant program and for the tax exemption on employer-based health insurance plans to be extended to individuals who purchase coverage on their own — both longstanding GOP ideas.
With the prospect of a Republican president who could conceivably repeal and replace ObamaCare, it is time for ObamaCare opponents to take a hard look at their “replace” plans.
Expanding health savings accounts – a proposal I call Large HSAs – beats other alternatives such as health-insurance tax credits. If opponents succeed in repealing ObamaCare, Large HSAs would take another step in the direction of a market system. Health-insurance tax credits would constitute a step backward, because they would simply resurrect some of ObamaCare’s worst features–including an individual mandate and much of Obamacare’s government spending and redistribution.