The Real Reason Insurers Are Jacking up Rates for Obamacare

  • Obamacare is lurching towards a bizarre form of stability thanks to subsidies.
  • Obamacare subsidies gives insurers the cover they need to jack up rates.
  • Even if rates rise dramatically, subsidized customers will still be profitable for insurers.

Read more at CNBC

Obamacare Is Helping More Poor Patients Get to the Doctor, Study Shows

Poor Americans in states that have expanded Medicaid through the Affordable Care Act are going to the doctor more often and having less trouble paying for it, new research finds.

At the same time, two years of experience with the expansion offer additional indications that the improved access to care will ultimately improve patients’ health, a key goal of 2010 law, often called Obamacare.

Read more at The Los Angeles Times

Obamacare Repeal Would Lead to 24 Million More People Without Health Insurance

If the next president and Congress repeal Obamacare — as many Republican elected officials want to do — there could end up being more people without health insurance than before the law went into effect, a new study says.

A total of 24 million more people would lose health coverage by 2021 if the Affordable Care Act was repealed, according to the study issued Monday by the Robert Wood Johnson Foundation and the Urban Institute.

Read more at CNBC

Millions of Poor Still Could Have Gotten Coverage Without Obamacare

Millions of poor Americans have signed up for no-cost health insurance that they could have gotten even without the passage of Obamacare.

These Americans already were eligible for Medicaid, a government-funded program that provides medical coverage at little or no cost, but they didn’t sign up for it because they didn’t have to or because they didn’t realize they could.

In recent years, however, the publicity of Obamacare has driven them to sign up in droves, so much so that economists and health policy wonks have dubbed the phenomenon the “woodwork effect,” or the “welcome mat” population. This group turned out to be larger than anyone anticipated.

Read more at US News & World Report

Obamacare’s 2016 Enrollment Failure Hits Working Class

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.

Read more at Investor’s Business Daily


In Letter to the President, Republican Who Opposed Obamacare Says It Saved His Life

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.

Read more at GQ

Obamacare Leads to 20M Insurance Boost: Admin

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.

Read more at CNBC


5 Obamacare Stats That Will Blow You Away

Statistics by themselves rarely astound anyone. Numbers and figures provided without the appropriate frame of reference can be meaningless, but taken in context can be stunning. Here are five Obamacare stats that will blow you away — when you understand their background.

Read more at The Motley Fool

Enrollment Growth in Obamacare Health Insurance Slower Than Expected

Reflecting slower than anticipated enrollment growth in health insurance purchased through the Affordable Care act, better known as Obamacare, the nonpartisan Congressional Budget Office has lowered its estimate of how many people will get coverage through the law in 2016.

In any given month this year, about 13 million people on average are now expected to be enrolled in a health plan purchased on a marketplace created by the law, often called Obamacare.

Read more at the Los Angeles Times

Insurance Premiums: Is $100 the Next Obamacare Hurdle?

A large majority of adults say “$100 a month or less” is the highest monthly premium they can afford to pay for health insurance in 2016, according to a survey released Wednesday.

The report found that 57 percent of respondents named that price range when asked about coverage affordability. The second-most common answer was $200 per month, which was the response of just 17 percent of respondents.

Read more at CNBC