If you like your coverage, you can keep your coverage. That’s the pledge leading members of Congress are making to six million Americans who are at risk of losing their health insurance once again because of the Obama administration. At issue is a case before the Supreme Court challenging an IRS rule that allowed health insurance subsidies to flow through exchanges created by the federal … [Read more...] about Counterpoint: GOP leaders have a better option
ObamaCare
Let States Exchange Obamacare For Something Better
In the 34 states that did not establish Obamacare exchanges, Governors nervously await a Supreme Court ruling that could throw their health insurance markets into chaos. Meanwhile, many of the Governors who did establish exchanges are regretting their decision. More than five years after its enactment, Obamacare has proven a bitter brew for many states. Nowhere is this more evident than in … [Read more...] about Let States Exchange Obamacare For Something Better
No free ride: Two-thirds of Obamacare recipients had to repay subsidies to IRS
Most filers who received government subsidies to buy Obamacare plans had to pay money back to the IRS this year, according to an H&R Block analysis released Monday that looks at the health law’s first full tax season. The tax-prep giant studied its own massive customer base and concluded that two-thirds of its filers who got subsidies from Obamacare were overpaid during the course of the … [Read more...] about No free ride: Two-thirds of Obamacare recipients had to repay subsidies to IRS
Cleaning Up The ObamaCare Mess
Republicans are being ridiculed by the right and the left for weighing ideas that would rescue ObamaCare health insurance policies for people in 37 states if the petitioners prevail in King v Burwell. “Republicans Are Now Trying To Pass Obamacare Extension To Save Their Own Asses,” writes Allen Clifton in Forward Progressives. “GOP Gets Ready to Save the Day If the Court Strikes Down Obamacare … [Read more...] about Cleaning Up The ObamaCare Mess
HHS Challenges HSA Plans
King vs. Burwell is on the horizon. If the plaintiffs are successful, so goes the theory, subsidies end in 37 exchanges operated by the Department of Health and Human Services and serviced by HealthCare.gov. Coverage gets more expensive, and people won’t be able to afford their policies. But, this outcome was foretold all the way back in the Senate mark-up of the proposed ACA legislation. … [Read more...] about HHS Challenges HSA Plans
Average Fine For Noncompliance With ObamaCare Is $1130, Expert Testifies
As millions of Americans scramble to file their tax returns, many are shocked by the full cost of ObamaCare’s individual mandate. “Those who failed to obtain minimum essential health insurance coverage last year will have had to send the Internal Revenue Service (IRS) a check for $1,130, on average,” Doug Holtz-Eakin, former director of the Congressional Budget Office, testified today before a … [Read more...] about Average Fine For Noncompliance With ObamaCare Is $1130, Expert Testifies
Health-Care Law Trips Up Some at Tax Time
The tax filing season has uncovered lingering wrinkles in the 2010 health-care law that have caused headaches for consumers who incorrectly estimated their income, didn’t use a government exchange to buy an insurance plan or changed coverage during the year. Marta Chapman saw her anticipated $850 federal refund wiped out because she received too much in advance tax credits in 2014 to pay her … [Read more...] about Health-Care Law Trips Up Some at Tax Time
Supreme Court must decide law, not popularity.
It's spring in Washington, and time to resume one of the capital's favorite sports. No, not baseball, but throwing mud at the Supreme Court. Pending cases include the legal status of same-sex marriage and whether the IRS can provide billions of dollars in Obamacare subsidies without explicit congressional authorization. Partisans have launched a preemptive bid to undermine the legitimacy of the … [Read more...] about Supreme Court must decide law, not popularity.