Tag Archives: #OBAMACARE

The Individual Mandate Is The Worst Tax Ever


Sen. Tom Cotton (R., Ark.) has made headlines by suggesting that tax reform should include a repeal of the mandate—an annual tax of between $695 and $13,380 imposed on 6.5 million American households. In defense of the mandate, ObamaCare’s defenders have resorted to hyperbole and scare-mongering, probably because the penalty is so difficult to justify on the merits.

In most insurance markets, people seek coverage in proportion to the risk they expect to face, and insurers receive payment in proportion to the cost they expect to cover. This approach prevailed for nongroup health insurance in most states prior to ObamaCare. It produced stable markets with premiums of less than half what currently prevails on the exchanges, but often failed to ensure affordable coverage for individuals with major chronic conditions.

The ACA has reversed this situation, providing affordable coverage to individuals with pre-existing conditions, but yielding plans that are priced well above the needs of most Americans. The average annual premium was $5,712 in 2016, while median health-care spending was only $709 in 2014.

The individual mandate was intended to prevent the bulk of individuals from fleeing this unappealing arrangement. Its advocates have argued that the mandate reduces premiums on the exchanges, but this is only true to the extent that it pushes more cost-effective alternatives out of reach.

As a newly released Manhattan Institute Issue Brief demonstrates, the mandate is superfluous to the ACA’s core guarantee of affordable coverage for individuals with pre-existing conditions. In fact, it is subject to so many exemptions that recent studies have failed to discern any impact of the mandate on the proportion of Americans who are uninsured.

The ACA’s guarantee of affordable insurance to low-income individuals and those with pre-existing conditions is due entirely to the law’s subsidy provisions. These expand automatically to whatever level insurers need in order to bring a plan to market, which limits premiums and out-of-pocket costs as a share of income. This principle holds regardless of the ratio of healthy to sick enrollees in the exchange.

For all the rhetoric about “shared responsibility,” the ACA deliberately carved the healthiest upper-middle-class individuals out of the exchange risk pools by giving adults under 26 the right to claim health-care benefits through their parents’ insurance coverage.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

https://www.wsj.com/articles/the-individual-mandate-is-the-worst-tax-ever-1510521324

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Foiled in Congress, Trump Moves on His Own to Undermine Obamacare


WASHINGTON — President Trump, after failing to repeal the Affordable Care Act in Congress, will act on his own to relax health care standards on small businesses that band together to buy health insurance and may take steps to allow the sale of other health plans that skirt the health law’s requirements.

The president plans to sign an executive order “to promote health care choice and competition” on Thursday at a White House event attended by small-business owners and others.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

https://mobile.nytimes.com/2017/10/11/us/politics/trump-obamacare-executive-order.html?referer=http://www.drudgereport.com/

‘Obamacare’ survives; GOP concedes on last-gasp repeal try


– Senate Republicans, short of votes, abandoned their latest and possibly final attempt to kill the health care law Tuesday, just ahead of a critical end-of-the-week deadline.

The repeal-and-replace bill’s authors promised to try again at a later date, while President Donald Trump railed against “certain so-called Republicans” who opposed the GOP effort. But for now, Trump and fellow Republicans who vowed for seven years to abolish President Barack Obama’s law will leave it standing and turn their attention to overhauling the nation’s tax code instead.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

https://apnews.com/34cc8d59e8724569b38f95312f771bac/’Obamacare’-survives;-GOP-concedes-on-last-gasp-repeal-try

TRUMP: GOP HEALTH BILL SHORT OF VOTES BEFORE DEADLINE

WASHINGTON (AP) — President Donald Trump said Wednesday the Republicans’ last-resort “Obamacare” repeal effort remains two or three votes short, forecasting days of furious lobbying ahead with a crucial deadline looming next week.

The legislation by Sens. Bill Cassidy of Louisiana and Lindsey Graham of South Carolina would repeal major pillars of former President Barack Obama’s health law, replacing them with block grants to states to design their own health care programs. Majority Leader Mitch McConnell is trying to round up 50 votes to pass the legislation before Sept. 30, when special rules preventing a Democratic filibuster will expire.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://hosted.ap.org/dynamic/stories/U/US_CONGRESS_HEALTH_OVERHAUL?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2017-09-20-18-42-44

Why Obamacare’s Much-Criticized Individual Mandate Is Likely to Endure (for Now)

The Affordable Care Act’s requirement that Americans either carry health insurance or pay a fine remains the law’s most unpopular feature. Nevertheless, a bipartisan group of governors is insisting that the so-called individual mandate remain in place — at least for now.

In a letter sent late last month, the governors urged federal lawmakers to retain the mandate to help stabilize insurance markets. But the group, which is led by Republican John Kasich of Ohio and Democrat John Hickenlooper of Colorado, also said states should be given the opportunity to devise “a workable alternative” to it, subject to federal approval.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://www.governing.com/topics/health-human-services/sl-individual-mandate-obamacare.html

6.5 million Americans pay fine to avoid Obamacare

The mandate has always been the most unpopular part of President Obama’s healthcare law, officially known as the Affordable Care Act. In addition to those who pay the fine rather than buy the mandated levels of insurance, 15 million people would drop their Obamacare coverage if it were legal to do so. This does not necessarily mean that these individuals want to go without insurance. Obamacare requires every insurance policy to cover a set of what it defines as Essential Health Benefits.[2] The more benefits that a plan covers, the more expensive it is. Some people might prefer to buy less comprehensive insurance at a lower cost. For example, one option might be to buy insurance only for major healthcare costs such as surgeries or hospitalizations.

FOLLOW THE LINK FOR THE FULL REPORT – JR

https://ballotpedia.org/Scott_Rasmussen’s_Number_of_the_Day

112,000,000: Medicaid Enrollees Set to Climb 40,000,000 Under Obamacare


CNSNews.com) – Under current law—including the Patient Protection and Affordable Care Act (AKA Obamacare)—there will be 112,000,000 people who enroll in Medicaid at some time during fiscal 2027, according to the latest baseline estimate published by the Congressional Budget Office.
FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://www.cnsnews.com/news/article/terence-p-jeffrey/112000000-medicaid-enrollees-set-climb-40m-under-obamacare

Trump tells lawmakers ‘no more excuses’ on replacing Obamacare


President Trump urged lawmakers Tuesday to swiftly approve a plan to repeal and replace Obamacare so he can move on to the biggest tax cut since Ronald Reagan’s presidency.

“There’s going to be no slowing down, no waiting, no more excuses by anybody,” Mr. Trump told top House Republican lawmakers at a White House meeting on the new health care legislation. “We’re going to get it done.”

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://m.washingtontimes.com/news/2017/mar/7/donald-trump-no-more-excuses-replacing-obamacare/

Republicans Rebrand Obamacare Strategy From ‘Repeal’ to ‘Repair’

Here’s How Republicans Are Working to Repeal Obamacare
Some Republicans in Congress are starting to talk more about trying to “repair” Obamacare, rather than simply calling for “repeal and replace.”

There’s good reason for that.

The repair language was discussed by Republicans during their closed-door policy retreat in Philadelphia last week as a better way to brand their strategy. Some of that discussion flowed from views that Republicans may not be headed toward a total replacement, said one conservative House lawmaker who didn’t want to be identified.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

https://www.bloomberg.com/politics/articles/2017-02-01/republicans-rebrand-obamacare-strategy-from-repeal-to-repair

GOP Acknowledges It Won’t Meet Self-Imposed Deadline to Repeal Obamacare


Two days before Republicans’ self-imposed deadline for producing legislation to repeal the Affordable Care Act, GOP lawmakers acknowledged they were unlikely to meet it.

Both the GOP-controlled House and Senate passed budgets this month requiring four committees to deliver proposals by Jan. 27 to roll back major tenets of the 2010 health-care law.

FOLLOW THE LINK FOR THE FULL REPORT – JR 

http://blogs.wsj.com/washwire/2017/01/25/gop-acknowledges-it-wont-meet-self-imposed-deadline-to-repeal-obamacare/