Below you'll find a list of all posts that have been tagged as “Patient Protection and Affordable Care Act”
The critics of Obamacare have been proven right. The Obama administration promised that health insurance premiums would go down. Instead, they have absolutely skyrocketed. The Obama administration promised that Obamacare would not kill jobs. Instead, firms are hiring fewer workers because of suffocating health care costs. As you will see below, even the Federal Reserve is admitting this. The Obama …
Insurance behemoth Aetna announced late Monday that it is pulling out of Obamacare public exchanges in 11 states, citing projected financial losses because of the high number of people who—it turns out—need expensive medical care. Following a string of similar announcements, advocates of single-payer healthcare say that these departures only underscore the fact that “big commercial insurance corporations” will always “put profits …
I didn’t think it was possible for me to get more disgusted with the industry I used to be a cheerleader for, but I was wrong. Health insurers—more specifically, the big for-profit health insurers that want to get even bigger through two pending mega-mergers (Anthem wants to buy Cigna and Aetna wants to buy Humana)—once again are demonstrating that nothing—absolutely …
Hopes of US interest rate rises were pushed into the distance on Friday, as figures showed that the world’s largest economy had slowed sharply and was near stagnation for almost a year. The US economy grew by just 0.3pc in the three month period to the end of June, according to the Bureau of Economic Analysis (BEA). Economists had anticipated …
The Republican Party is consolidating behind Donald Trump and, on May 12th, House Speaker Paul Ryan kissed the ring of the party’s presumptive presidential candidate, thus sending a signal to other party hacks to get in line. And the line is getting longer every day. Remarkably missing from the Trump-Ryan powwow was any mention of potentially contentious issues of Social …
Obamacare, aka the Affordable Care Act, became law six years ago. The intention was to ensure that nearly all Americans have health insurance, while controlling costs. How did that work out? When the law was enacted, about 16 percent of Americans were uninsured. That has dropped to 10 percent. So instead of 50 million uninsured Americans, there are now about …
Presidential hopefuls have their own ideas on what to do with the Affordable Care Act (ACA), President Obama’s signature legislation, when they move into the White House. Sen. Bernie Sanders thinks it should be replaced with a single-payer health plan of the kind Europe and Canada have. This federally administered universal health care program would eliminate copays and deductibles. There’s …
Despite limited advances provided by the Affordable Care Act, the U.S. healthcare system remains “uniquely wasteful” and profit-driven, leaving tens of millions without any insurance and even more underinsured. As a result, say leading physicians, “the right to medical care remains a dream deferred.” In an effort to finally realize that dream, thousands of medical professionals across the country have signed …
Calling out around the world; time to put on your made in Ecuador Panama hat and frantically start dancing to the ultimate limited hangout leak. And if you believe in the purity of intentions of the International Consortium of Investigative Journalists (ICIJ) at the center of the leak, I’ve got a made-in-Shenzhen Panama hat to sell you (disclosure: I never …
Health insurance premiums have increased faster than wages and inflation in recent years, rising an average of 28 percent from 2009 to 2014 despite the enactment of Obamacare, according to a report from Freedom Partners. President Obama signed the Affordable Care Act into law on March 23, 2010, andWednesday is the law’s sixth anniversary. The Obama administration expressed concern in 2009 about skyrocketing health …
