Jonathan Gruber warned of Obamacare premium spike as president promised savings – Washington Times

November 26, 2014

While President Obama campaigned on a promise that his universal health care plan would lower premiums, his controversial adviser and plan architect was privately warning the state of Wisconsin that Obamacare was poised to massively increase insurance costs for average residents, internal documents show.

Jonathan Gruber, the MIT economist currently under fire for suggesting the Obama administration tried to deceive the public about the Affordable Care Act, was hired by former Democratic Wisconsin Gov. Jim Doyle in 2010 to conduct an analysis on how the federal health-care reform would impact the state.

Mr. Gruber’s study predicted about 90 percent of individuals without employer-sponsored or public insurance would see their premiums spike by an average of 41 percent. Once tax subsidies were factored in, about 60 percent of those in the individual market were projected to see their premiums go up 31 percent, according to his analysis.

via Jonathan Gruber warned of Obamacare premium spike as president promised savings – Washington Times.


Health Insurance Marketplace Calculator | The Henry J. Kaiser Family Foundation

November 24, 2014

The Health Insurance Marketplace Calculator provides estimates of health insurance premiums and subsidies for people purchasing insurance on their own in health insurance exchanges (or “Marketplaces”) created by the Affordable Care Act (ACA). With this calculator, you can enter your income, age, and family size to estimate your eligibility for subsidies and how much you could spend on health insurance. You can also use this tool to estimate your eligibility for Medicaid. As eligibility requirements may vary by state, please contact your state’s Medicaid office or Marketplace with enrollment questions. We encourage other organizations to feature the calculator on their websites using the embed instructions.

via Health Insurance Marketplace Calculator | The Henry J. Kaiser Family Foundation.


About 2015 QHP Landscape Individual Market Medical | Data.HealthCare.gov

November 15, 2014

2015 QHP Landscape Individual Market Medical. This contains premium data and plan description information (e.g., Web links to provider networks) for every plan offered in any county in all states using the federal Exchanges in 2015.

via About 2015 QHP Landscape Individual Market Medical | Data.HealthCare.gov.


Cost of Coverage Under Affordable Care Act to Increase in 2015 – NYTimes.com

November 15, 2014

The Obama administration on Friday unveiled data showing that many Americans with health insurance bought under the Affordable Care Act could face substantial price increases next year — in some cases as much as 20 percent — unless they switch plans.The data became available just hours before the health insurance marketplace was to open to buyers seeking insurance for 2015.

via Cost of Coverage Under Affordable Care Act to Increase in 2015 – NYTimes.com.


New health care law complicates tax filing season for many in NC | National Politics | NewsObserver.com

November 13, 2014

The new federal health care law means legions of uninsured and newly insured people face a daunting task in filing their tax returns for this year.

The imminent tax law changes are likely to bewilder the people for whom the Affordable Care Act was designed: low-income people who needed help to figure out how to buy federally subsidized health insurance.H&R Block is predicting on its website that more than a third of people who received health insurance subsidies were overpaid and now will owe “pretty hefty repayment liabilities.” Others could end up paying hundreds of dollars in penalties for failing to buy health insurance (emphasis added).

via New health care law complicates tax filing season for many in NC | National Politics | NewsObserver.com.


The Truth About Obamacare

October 23, 2014

Last year, open enrollment in the health insurance exchanges started October 1. This year the start date has been pushed back to November 15. That would be acceptable if there were some administrative or economic reason for the delay. But there appears to be none–other than a desire to keep voters from knowing much about this year’s round of choices before they have to vote.

About 19 states have already required insurers to announce next year’s premiums. Even with that information, people who expect a subsidy will be in the dark until they determine the second lowest price Silver plan–that’s the benchmark for determining subsidies. If that premium goes up, everybody’s subsidy rises. If that premium goes down, everybody’s subsidy falls. Most people won’t be able to do the required calculation on their own. Investor’s Business Daily has determined the net effect for a moderate income individual in various cities. See the chart. The results aren’t pretty

via The Truth About Obamacare.


What’s Obama’s Health Reform Costing? More Than $73 Billion to Date: BGOV Analysis

October 2, 2014

The overall costs of Obama’s health reform, excluding expanded Medicaid, but including ACA and IT-related costs, are now more than $73 billion.

Full report.


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