obamacare Archives

May 25, 2017

CBO Scores the American Health Care Act Passed by the House – Cuts Deficit and Number of People Insured

The Congressional Budget Office (CBO) has just released its estimate of the impact of the American Health Care Act (AHCA) passed by the U.S. House of Representatives on May 4th of this year. (As a reminder, the AHCA was passed by the House before the nonpartisan CBO could determine its impact.) According to the CBO, when compared to the current Affordable Care Act (ACA), the AHCA would leave 23 million more people uninsured while reducing the cumulative federal deficit by $119 billion over the next ten years. The CBO also estimates that insurance premiums under the AHCA will increase by… Read more

Nov 15, 2013

Rewind on ACA: If You Like Your Current Health Plan, You Can Keep It For Now – If The Insurance Company Lets You

By: Laura Miller Andrew Today, President Obama announced that individuals and small businesses who currently have health insurance policies that do not meet the requirements of the Affordable Care Act that have received or will be receiving cancellation notices because of ACA requirements, can renew the policies for another year if they meet certain conditions. The coverage had to be in effect on October 1, 2013 and the health insurance issuer must send a notice to all individuals and small businesses that received (or are scheduled to receive) a cancellation or termination notice. This notice must include specific information including: (1) any… Read more

Oct 24, 2013

HealthCare.gov is Sick- Open Enrollment Period Extended

By Laura Miller Andrew As covered extensively in the media, HealthCare.gov, the online Marketplace for health care coverage under PPACA is not feeling well. After weeks of frustration, President Obama conceded that the website is not working as intended, making it very difficult for the average consumer to sign up for a health care policy. Therefore, it was announced today that the open enrollment period will be extended from October 1st to March 31st. Under PPACA, most individuals who are not covered by health insurance for three months or longer face a financial penalty. In order for the insurance to take effect,… Read more