Tag: Affordable Care Act

Despite Weak U.S. Employment Numbers Overall, Healthcare Jobs Continue Steady Climb »

Last Friday’s very weak jobs report from the Bureau of Labor Statistics (BLS) was greeted as bad news, but it disguised more good news for the heath sector: Job growth in March kept its steady pace. Obamacare’s healthcare jobs boost appears to be trending nicely despite weakness in February. Almost one in five of…
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Needles of Panic? White House Fears Rejection of Boehner-Pelosi-Obama Medicare “Doc Fix” »

The White House is starting to lose confidence that the Senate will uncritically swallow the Boehner-Pelosi-Obama so-called Medicare “doc fix”. According to The Hill, the Obama administration is pleading with the Senate to pass the Medicare Access and CHIP Reauthorization Act (MACRA) immediately after the Senate reconvenes on April 13. If not, the bill…
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Access to Health Care Unchanged after Obamacare’s First Year »

The Centers for Disease Control and Prevention (CDC) has released early estimates of health insurance and access to health care for January through September 2014. The National Health Insurance Survey (NHIS) is the most effective survey of health insurance, because it asks people three different but important questions: Are they uninsured at the time…
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Are Health Plans That Cover Yoga the ‘Next Frontier’? »

When a leading benefits consultant writes an article in the Harvard Business Review recommending that health plans cover yoga, it should be glaringly apparent that we have perverse incentives in U.S. health benefits: Cigna insurance CEO David Cordani says the Centers for Medicaid and Medicare Services’ recent payment changes that emphasize quality over quantity…
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Obamacare Costs Are Shrinking – So Should Its Taxes »

The Congressional Budget Office’s March budget baseline updates the agency’s estimates of costs and insurance coverage due to Obamacare. The March baseline estimates that the gross cost of Obamacare’s subsidies and Medicaid spending for the years 2016 through 2025 will be $1.7 trillion, $286 billion less than it had estimated in the January baseline. The CBO…
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Senate Dems: Get Pregnant, Then Get Health Insurance »

While everyone else is wondering whether or not the Supreme Court will strike down the Obamacare tax benefits in 37 jurisdictions (36 states plus Washington, D.C.) with the actual Affordable Care Act as written, some Democratic U.S. Senators are urging women to dig deeper into Obamacare by encouraging them to delay getting health insurance…
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How Much of Federal Transfer Payments Are Obamacare Subsidies? More than You Think! »

January’s Personal Income and Outlays report from the Commerce Department’s Bureau of Economic Analysis shows how significant Obamacare’s subsidies to households have become. Last month, they accounted for 21 percent of the increase in total government transfer payments to households: Personal current transfer receipts increased $24.8 billion in January, compared with an increase of $13.8 billion…
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Health Spending Chews Through a Weak Economy »

The federal government’s second estimate of fourth quarter Gross Domestic Product (GDP), published Friday by the U.S. Department of Commerce, confirmed what we pointed out from the initial estimate released on January 30: Health spending is chewing up more and more of the weakening economic recovery. GDP growth was actually revised down from the…
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Why Hasn’t Medicare Advantage Collapsed? »

Milliman, the actuarial consulting firm, has published a new report on the impact of the government’s cuts to Medicare Advantage. The report was sponsored by the Better Medicare Alliance, which announced that “Seniors now face soaring maximum annual out-of-pocket costs” due to the cuts. And yet, the purported cuts have not really bitten health insurers. Medicare Advantage enrollment…
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“Site-Neutral” Medicare Payments: A Good Idea from President Obama’s Budget »

Imagine that there are two providers of the same service. Their quality and timeliness are comparable. However, one provider charges significantly more than the other. In a normally functioning market, you would expect that the more expensive provider would have to significantly change its cost structure to stay in business. What if the more…
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