Congressional Republicans who repeatedly pledged to repeal and replace Obamacare instead are racing today to rescue the law with truckloads of federal cash. Their plan: a multi-billion-dollar bailout of health insurers that sell Obamacare policies. In return, the insurers promise to reduce premiums just in time for November’s elections. Congress shouldn’t jump at this politically tantalizing … [Read more...] about Breaking promises: GOP resuscitate Obamacare with massive bailout
Archives for March 2018
How Obamacare Raised Premiums
The seismic effects of the Affordable Care Act on insurance markets continue to be felt nearly eight years after its enactment. Premiums for individual coverage more than doubled between 2013 and 2017. Much of that increase resulted from Obamacare’s new regulations. Some regulations—such as essential health benefits and actuarial value requirements—had discrete effects on premiums. A cluster of … [Read more...] about How Obamacare Raised Premiums