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Jeffrey Young
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Entries by Jeffrey Young

Uninsured Rate Drops To Lowest Level Since The '90s

(1905) Comments | Posted September 16, 2014 | 10:06 AM

Another day, another survey showing that Obamacare is beginning to cure America's uninsured problem.

The latest numbers come from the federal Centers for Disease Control and Prevention, which polled more than 27,000 people during the first three months of the year. Forty-one million U.S. residents, or 13.1 percent,...

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360,000 Obamacare Enrollees At Risk Of Losing Subsidies

(101) Comments | Posted September 15, 2014 | 4:45 PM

More than 360,000 individuals enrolled in health insurance via the Obamacare exchanges must provide federal authorities with updated information about their incomes by Sept. 30, or risk losing the subsidies that cut the cost of their coverage, the Centers for Medicare and Medicaid Services announced Monday.

Federal authorities will begin...

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Employee Health Insurance Costs Barely Increased This Year

(378) Comments | Posted September 10, 2014 | 10:01 AM

For a change, the cost of the health insurance you get at work didn't go up much this year.

The cost of job-based health benefits stayed nearly flat in 2014, according to survey results released Wednesday. This year's figures continue a trend of slow growth in premiums for health insurance...

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Why Is CVS Walking Away From $2 BILLION A Year?

(269) Comments | Posted September 3, 2014 | 9:04 PM

The company formerly known as CVS Caremark made a big splash Wednesday by yanking whatever tobacco products it had left on the shelves a month earlier than planned, becoming the first big pharmacy chain to do so. The company, now known as CVS Health, has estimated it will...

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Health Care Spending To Tick Up In 2014, But Just A Little

(3) Comments | Posted September 3, 2014 | 4:02 PM

After five years of historically low inflation, national health care spending will grow a bit faster this year, according to a federal audit released Wednesday. The expected increase is due to the economy's continued recovery, millions gaining health benefits from Obamacare and more baby boomers signing up for Medicare.

Households,...

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Here's Where Obamacare Has Made The Most Progress

(127) Comments | Posted September 2, 2014 | 10:10 AM

More than 8 million people enrolled in private health insurance under Obamacare for 2014, topping expectations despite a rocky start. But that's less than one-third of the number of people who could have signed up -- a sign of the huge untapped market for Obamacare coverage and the challenges still...

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Here's What's Going On With Obamacare Premium Increases

(602) Comments | Posted August 21, 2014 | 10:59 AM

Health insurance premiums are going to skyrocket under Obamacare next year, maybe even double! No, wait -- they're only increasing a little, and less than before Obamacare! No, wait -- they're … decreasing in some places?

The crucial question about the second year of enrollment on the Affordable Care Act's...

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Why Obamacare May Have Trouble Signing Up As Many Uninsured Next Year

(341) Comments | Posted August 14, 2014 | 12:46 PM

Obamacare made huge strides in extending health coverage to millions of uninsured people in its first year. Keeping up that momentum could be challenging.

An estimated 54 million Americans are still uninsured. But many of those who haven't yet been helped by the Affordable Care Act might be some of...

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Companies Predict Small 2015 Health Cost Rise -- With A Catch

(72) Comments | Posted August 13, 2014 | 10:06 AM

Large employers expect their health care expenses to rise a modest amount next year, but they plan to continue requiring workers to pay a growing share of the cost of medical care, according to survey findings released Wednesday.

The cost of job-based health insurance at big companies will go up...

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Obamacare At Risk For 310,000 Who Must Provide Proof Of Citizenship, Immigration Status

(42) Comments | Posted August 12, 2014 | 2:41 PM

President Barack Obama's administration is contacting 310,000 Obamacare enrollees starting Tuesday to warn them that they must verify they are U.S. citizens or legal residents -- or their benefits will be cut off.

In letters being delivered in English and Spanish, the Centers for Medicare and Medicaid Services instructs the...

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In States Where It's Wanted, Obamacare Is Working Well

(563) Comments | Posted August 5, 2014 | 1:01 PM

Obamacare is already making a big difference in the states that actually embraced it.

States that expanded Medicaid and created their own health insurance exchanges, or worked closely with the federal government to cover more people, have shown the largest drops in their uninsured rates this year, according to a...

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Congress Could Easily Fix A Huge Obamacare Problem. It Won't

(604) Comments | Posted August 5, 2014 | 7:39 AM

WASHINGTON -- A handful of simple words in a piece of legislation could prevent more than 4 million people losing their health insurance, but Congress isn't going to write them.

At issue are several lawsuits against Obamacare moving through the legal system that may go all the way...

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Obamacare Is More Unpopular Than Ever, Poll Shows

(1606) Comments | Posted August 1, 2014 | 12:00 AM

A majority of Americans disapprove of Obamacare, the highest share since President Barack Obama's health care reforms became law more than four years ago, according to survey findings released Friday.

The Henry J. Kaiser Family Foundation's health care tracking poll for July reveals that 53 percent of people...

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Obamacare Prices In California Only Going Up A Little Next Year

(106) Comments | Posted July 31, 2014 | 4:27 PM

Nearly nine in 10 Californians with a plan purchased through the state's health insurance exchange will see price increases of less than 8 percent next year, the exchange, Covered California, announced Thursday.

The weighted average rate across California will be 4.2 percent higher than this year....

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Health Insurers Set To Give Out More Obamacare Refunds

(86) Comments | Posted July 24, 2014 | 12:00 AM

WASHINGTON -- An obscure Obamacare feature may net health insurance customers $332 million this year.

That's the total insurance companies will have to give back to customers this year under an Affordable Care Act provision designed to keep companies from overcharging consumers, the Department of Health and Human Services announced...

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More Than 10 Million People Got Insurance Because Of Obamacare, Feds Say

(248) Comments | Posted July 23, 2014 | 6:07 PM

The number of Americans without health insurance declined by 10.3 million because of Obamacare enrollment, according to a report from the Department of Health and Human Services and the Harvard School of Public Health, published in The New England Journal of Medicine on Wednesday.

That represents a reduction...

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Calm Down, Everyone. Two GOP Judges Didn't Annihilate Obamacare

(256) Comments | Posted July 23, 2014 | 2:59 PM

On Tuesday, two federal appeals courts issued totally opposing rulings on a pair of lawsuits challenging Obamacare, one of which would tear apart the law and jeopardize health insurance coverage for millions of people who signed up.

You might find that a bit troubling, especially if you're one of those...

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This Is How Much More Your Health Insurance Could Cost If Two Republican Judges Get Their Way

(335) Comments | Posted July 23, 2014 | 9:42 AM

President Barack Obama suffered a setback Tuesday in a legal battle that threatens to unravel his health care reform law. A federal appeals court panel, led by two Republican-appointed judges and opposed by one Democratic appointee, voted that ambiguous wording in the the Affordable Care Act means residents...

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Two Republican Judges Gut Obamacare, Threatening Health Care For Millions

(2751) Comments | Posted July 22, 2014 | 12:08 PM

WASHINGTON -- Two Republican judges on the D.C. Circuit Court have ruled that the equivalent of a typo is enough to strip health care subsidies from up to 5 million people, dealing what would be a death blow to the Affordable Care Act if the decision is allowed to stand....

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How Your Health Insurance Company Can Still Screw You, Despite Obamacare

(434) Comments | Posted July 21, 2014 | 7:36 AM

No law has done more to reform health insurance and protect consumers against the industry's most heinous practices than the Affordable Care Act. But Obamacare didn't magically transform insurers into benevolent entities solely devoted to taking care of sick people.

Health insurance companies, even those that are not-for-profit, have to...

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