Former Obama Administration official Donald Berwick once called the Center for Medicare and Medicaid Innovation (CMMI) “the jewel in the crown of health-care reform.” The metaphor is apt: CMMI, more than any other aspect of Obamacare, is an imperial enterprise. Congress established CMMI in the Obamacare statute with the goal of finding ways to reduce federal spending on medical care without … [Read more...] about Obamacare’s ‘Crown Jewel’ Loses Its Luster
ObamaCare
Insurance industry campaigns to keep unlawful ObamaCare cash
When is a government program not a government program? When the insurance industry says it isn't. In its effort to keep billions in unlawful ObamaCare corporate subsidies flowing, the industry is trying to persuade Congress that it receives no federal funds through the federal "reinsurance" program. Good luck with that. The ObamaCare statute established the temporary, three-year (from 2014 to … [Read more...] about Insurance industry campaigns to keep unlawful ObamaCare cash
Obama Sabotages Obamacare
The ACA and the administration's whack-a-mole regulations are responsible for double-digit premium increases and for the exodus of insurers from selling individual policies in the ObamaCare exchanges. As health insurers head for the exits, Americans who have been whipsawed by ObamaCare may get whacked again this fall: First, they were thrown off private plans that were declared illegal, then … [Read more...] about Obama Sabotages Obamacare
Obamacare Is an Unstable Economic Model
Long-time Obamacare advocate and Aetna chief executive Mark Bertolini created a political earthquake when he announced his company will drastically reduce its individual public exchange participation next year. Similar announcements by United Healthcare, Humana and even some Blues plans show that Obamacare is failing. Those who designed this disastrous government intervention into the … [Read more...] about Obamacare Is an Unstable Economic Model
Obamacare’s Advocates Mostly Agree On The Facts But Suggest More Corporate Welfare To Prop Up Law
Humana recently announced that next year it is withdrawing from 88% of the counties where it sold Affordable Care Act (ACA) exchange plans this year. United Healthcare forecasts higher earnings in 2017, stemming in part from its decision to shut down most of its exchange business. Aetna has cancelled plans to expand its ACA market footprint and is instead reevaluating its current participation. At … [Read more...] about Obamacare’s Advocates Mostly Agree On The Facts But Suggest More Corporate Welfare To Prop Up Law
Adjusting Obamacare ‘Reality’ – The administration cooks the numbers to hide the big medical claims of enrollees
Could it be that the highly compensated insurance-company actuaries are lousy at math? For months, we’ve been reading stories about how big medical bills incurred by Obamacare enrollees are driving publicly traded insurance companies from the exchanges. Some affiliates of the venerable Blue Cross Blue Shield Association (BCBS), reeling from the costs of paying medical claims for a population … [Read more...] about Adjusting Obamacare ‘Reality’ – The administration cooks the numbers to hide the big medical claims of enrollees
Panic prompted ObamaCare lawlessness
Senior Obama administration officials took a series of decisions beginning in late 2013 that ranged from the reckless to the illegal in an effort to keep insurers participating in health insurance exchanges. A report issued last week jointly by the House Ways and Means and Energy and Commerce committees explores how the administration came to unlawfully funnel $7 billion in unappropriated money … [Read more...] about Panic prompted ObamaCare lawlessness
House Committee Investigates Illegal Administration Spending on ObamaCare
Galen Institute Senior Fellow Doug Badger testified before Congress today that “Implementation of the cost-sharing reduction program [in ObamaCare] has been irresponsible, unaccountable and, at its heart, unlawful.” Badger testified before the House Energy and Commerce Subcommittee on Oversight and Investigations, following a hearing on the same issue yesterday before the Ways and Means … [Read more...] about House Committee Investigates Illegal Administration Spending on ObamaCare