Obamacare’s open enrollment period closes for most states Friday. Thanks to a complicated federal formula, a spike in premiums this year has given consumers who are eligible for subsidies more money to buy insurance. And early signs suggest some people in California and Washington state are going for the gold —the gold, normally expensive, plans. […]
While the drama over at the Consumer Financial Protection Bureau is ongoing, the big story in Washington right now is still taxes. Members of Congress are back from their holiday break, and Republicans are doing their best to tweak and prod the tax plan to garner enough votes to get it through the Senate. That […]
We’re half-way through the Obamacare open enrollment period and we’ve got a bit of a health care mystery on our hands. Earlier this week, federal health officials reported nearly 800-thousand consumers selected plans on healthcare.gov – the federal website where people shop for plans under the Affordable Care Act. It’s the third consecutive week enrollment […]
And this one lands directly on the insurance industry, for now. The president cut payments to insurers that go toward subsidies for low-income people who buy policies on the health care exchanges. Those so-called cost-sharing reductions were worth billions to the insurance industry. So what will it do now?
Today, when the president signed an executive order expanding coverage options outside of the Obamacare marketplaces, he promised that the order would create more insurance options at “lower prices, and for millions of Americans.” Actually, the order is asking federal agencies to broaden the use of short-term insurance options, which aren’t beholden to the coverage […]
