A $5 Billion Obamacare Windfall for Insurers?

A dozen health insurance co-ops established by Obamacare have so far failed, leaving behind headaches for consumers, providers and taxpayers. Now one of them is suing for more government handouts. [Credit: Manhattan Institute]

A dozen health insur­ance co-ops estab­lished by Oba­macare have so far failed, leav­ing behind headaches for con­sumers, providers and tax­pay­ers. Now one of them is suing for more gov­ern­ment hand­outs. [Cred­it: Man­hat­tan Institute]

Oregon’s health insur­ance co-oper­a­tive is yet anoth­er Oba­macare fail­ure. It squan­dered tax­pay­er-backed hand­outs and loans, dis­ap­point­ed its cus­tomers and now has shut­tered its operations.

But with an audac­i­ty that would make even Don­ald Trump blush, Health Repub­lic of Ore­gon wants more tax­pay­er mon­ey. Its exec­u­tives are suing the fed­er­al gov­ern­ment to demand more gov­ern­ment hand­outs.  Read more on Inside Sources or RealClearPolicy.

Obamacare Does NOT Have A Mandate

Some conservatives have charged that Marco Rubio has proposed an individual mandate for health insurance. [Credit: ABC News]

Some con­ser­v­a­tives have charged that Mar­co Rubio has pro­posed an indi­vid­ual man­date for health insur­ance. [Cred­it: ABC News]

Some con­ser­v­a­tives have accused Mar­co Rubio of propos­ing an Oba­macare-like man­date on all Amer­i­cans to buy health insur­ance. They’re wrong about Rubio.  And about Oba­macare.  Read more on Nation­al Review Online.

Will HHS Get Away With A $3.5 Billion Heist?

CMS administrator Andy Slavitt has a $3.5 billion problem. Will Congress and presidential candidates talk about it? [Credit:nextgov]

CMS admin­is­tra­tor Andy Slavitt is plan­ning to short the U.S. Trea­sury $3.5 bil­lion. Will Con­gress and pres­i­den­tial can­di­dates talk about it? [Credit:nextgov]

The Depart­ment of Health and Human Ser­vices (HHS) announced Fri­day night that it was in the process of short­ing the U.S. Trea­sury $3.5 billion.

Well, they didn’t exact­ly announce it.  You had to read between the lines. Con­tin­ue read­ing →

No, Zeke, You’re Not Paying For My Medicine

Zeke Emanuel is tired of paying for your medicine. [Credit: Maryland Public Radio]

Zeke Emanuel is tired of pay­ing for your med­i­cine. [Cred­it: Mary­land Pub­lic Radio]

Zeke Emanuel is tired of pay­ing for your expen­sive medicine.

Dr. Emanuel, who served in a senior posi­tion at the Office of Man­age­ment and Bud­get where he con­tributed to the recur­ring night­mare known as Oba­macare, recent­ly com­plained in the New York Times [“I Am Pay­ing For Your Expen­sive Med­i­cine”] that his insur­ance rates are high because the med­i­cines you’re tak­ing cost too much. Con­tin­ue read­ing →

What We Know And Don’t Know About Obamacare, Part II

More than five years after its enactment there still are many questions about whether Obamacare is working. Here are four of them.

More than five years after its enact­ment there still are many ques­tions about whether Oba­macare is work­ing. Here are four of them.

My pre­vi­ous post dis­cussed what we know about Oba­macare as its third open enroll­ment sea­son begins.  Here are four major ques­tions about the future of Oba­macare that remain unanswered.

Can insur­ance com­pa­nies make mon­ey in the exchanges with­out cor­po­rate wel­fare? Oba­macare con­tains some very expen­sive sweet­en­ers to entice insur­ance com­pa­nies to sell through the exchanges. These include risk cor­ri­dor pay­ments and $20 bil­lion over three years in inapt­ly named “rein­sur­ance” pay­ments, mon­ey gov­ern­ment takes from par­tic­i­pants in group health plans and gives to insur­ers that par­tic­i­pate in the exchanges. Both are sched­uled to end in 2017.

Con­tin­ue read­ing →

What We Know And Don’t Know About Obamacare, Part I

Obamacare's third open enrollment season launched yesterday. Here are six things we know about the program. (Tomorrow: four things we still don't know.) Credit:americanlegislator.org

Oba­macare’s third open enroll­ment sea­son launched yes­ter­day. Here are six things we know about the pro­gram. (Tomor­row: four things we still don’t know.) Credit:americanlegislator.org

Obamacare’s third open enroll­ment sea­son has kicked off, begin­ning the next chap­ter in its tur­bu­lent his­to­ry.  Today’s post dis­cuss­es what we know about Oba­macare.  Tomorrow’s will dis­cuss what we still don’t know.

What We Know

Few­er peo­ple are unin­sured. How many few­er is a mat­ter of dis­pute, but the improve­ment is sub­stan­tial by any mea­sure.  HHS Sec­re­tary Sylvia Bur­well cred­its Oba­macare with reduc­ing the num­ber of unin­sured peo­ple by 17.6 mil­lion since 2010.   And though you’ll like­ly hear this num­ber repeat­ed (and often round­ed up to 18 mil­lion), it’s almost cer­tain­ly exag­ger­at­ed.   Con­tin­ue read­ing →

Obamacare’s Next Chapter

Chief Justice John Roberts ' opinion in King v. Burwell betrayed widely-held misconceptions about health insurance markets.  [Credit: Human Events]

Chief Jus­tice John Roberts ’ opin­ion in King v. Bur­well repeat­ed wide­ly-held mis­con­cep­tions about health insur­ance mar­kets.  Con­ser­v­a­tives should take note. [Cred­it: Human Events]

“The Patient Pro­tec­tion and Afford­able Care Act grew out of a long his­to­ry of failed health insur­ance reform.” Chief Jus­tice John Roberts, in uphold­ing Oba­macare subsidies.

Oba­macare is the newest chap­ter in that long his­to­ry of failed health insur­ance reform.  Con­ser­v­a­tives who hope one day to replace it would do well to learn from its errors and con­ceits. Con­tin­ue read­ing →

Obamacare And The Daughters of (40% Less) Charity

The President last week professed his love -- appropriately chaste, of course -- for Sister Carol Keehan, president of the Catholic Health Association and tireless Obamacare advocate.  [Credit: Wikipedia]

The Pres­i­dent last week pro­fessed his love — appro­pri­ate and chaste, of course — for Sis­ter Car­ol Kee­han, pres­i­dent of the Catholic Health Asso­ci­a­tion and tire­less Oba­macare advo­cate. [Cred­it: Wikipedia]

I just love nuns gen­er­al­ly.  I’m just say­ing.  – Pres­i­dent Oba­ma, June 9

And nuns just love him too.  At least nuns who run hos­pi­tals seem to.  And with good rea­son: the Pres­i­dent advo­cates poli­cies that enable hos­pi­tals like those oper­at­ed by the Daugh­ters of Char­i­ty to pro­vide less char­i­ty.  Con­tin­ue read­ing →

Obamacare Has Reduced Uninsured By Nearly 8 Million

A fresh government study has found that Obamacare has so far reduced the number of uninsured by eight million. [Credit: publicbroadcasting.net]

A fresh gov­ern­ment study has found that Oba­macare has so far reduced the num­ber of unin­sured by eight mil­lion. [Cred­it: publicbroadcasting.net]

The num­ber of unin­sured peo­ple declined by near­ly eight mil­lion dur­ing the first nine months of 2014, reduc­ing their ranks to 37.2 mil­lion, accord­ing to an analy­sis of data released late last week by the Nation­al Cen­ter for Health Sta­tis­tics (NCHS).

The survey’s find­ings con­flict with a report issued last month by the RAND Cor­po­ra­tion, which esti­mat­ed that the num­ber of unin­sured fell by 16.9 mil­lion since Obamacare’s imple­men­ta­tion [sub­scrip­tion required].  The RAND study put the num­ber of unin­sured at 25.8 mil­lion, near­ly 12 mil­lion few­er than the NCHS esti­mate. Con­tin­ue read­ing →