The latest announcement came Friday when Anthem Inc. announced it agreed to acquire rival Cigna Corp. for $48.4 billion. If approved, the new insurance giant would have an estimated revenue north of $115 billion and serve the health needs of … Continue reading
Donald Trump may oppose Obama on some things, such as his “agreement” with Iran. But on other things, such as health care, his only complaint is that Obama’s socialism does not go far enough. In this respect, Trump is more … Continue reading
Health insurance prices may jump dramatically next year as some insurers are requesting double-digit rate increases. State governments are likely to grant increases that are less than requested, but those who pay for their own insurance out of pocket should … Continue reading
DailyCaller.com reports that a new Medicare bill will increase net federal health care spending by $102.8 billion over the next decade, according to the Center for Medicaid Services (CMS). That includes a $210 billion gross spending increase on Medicare, countered … Continue reading
The U.S. Supreme Court on Tuesday ruled that private medical providers that deliver residential care services in Idaho cannot sue the state in order to raise Medicaid reimbursement rates to deal with rising medical costs. The justices, on a 5-4 … Continue reading
Denial is a process of ignoring facts for reasons that seem emotionally appealing. In the case of Medicare, one of the primary reasons the United States government has gone broke (and getting more broke all the time), denial is rampant. … Continue reading
The British National Health service is sometimes called — by healthy people who like socialism — the “envy of the world.” But how enviable is it? Charles Moore, writing in the London Daily Telegraph [www.telegraph.co.uk 1-30-15], has a somewhat different … Continue reading
Some facts about Obamacare — the “Affordable Care Act” — reported by the London Daily Mail 1-27-15 [http://www.dailymail.co.uk]: It will cost the federal government — taxpayers, that is — $50,000 for every person who gets health insurance under the Obamacare … Continue reading
Obamacare relies heavily on Medicaid as a means to ensure universal coverage. Medicaid needs doctors, and to lure doctors into Medicaid, the Affordable Care Act temporarily increased reimbursement rates to doctors and hospitals — for 2013 and 2014 only. The … Continue reading
The people who pushed Obamacare actually wanted single-payer health insurance, at least originally. Single-payer insurance means one policy, one plan run by the federal government for all. Think of it as Medicare for all, but with even more sweeping and … Continue reading
“If you had a law which said healthy people are going to pay in — if you made it explicit that healthy people pay in and sick people get money, it would not have passed, OK? Just like how people … Continue reading
Don’t hear much about Obamacare anymore? Here are two stories that suggest why. One is from Associated Press and Newsmax.com, 10/21/14: Ohio Gov. John Kasich doesn’t think the Affordable Care Act, with its Medicaid expansion provisions, will be repealed, even … Continue reading