Items tagged with Medicare Advantage:
News & Updates:
The fight against the opioid epidemic is one of the few issues that enjoys almost unanimous bipartisan support on Capitol Hill. That’s primarily because in every district, in every state, communities are grappling with how to fight a public health crisis that has transcended age, race, and socioeconomic status. The emotional and economic costs of the crisis are hitting hard, as communities feel the impact not only in real dollars but also in opportunity costs.
As Republicans are starting to feel emboldened by insurers leaving ACA marketplaces, top health care groups are opposing their House bill. Unrelatedly, the Treasury believes that the government will be funded through September, but fails to give specifics and the proposed “border adjustment tax” may get a phase-in period.
Contrary to the Republican party’s many assurances that the Affordable Care Act is “death spiral” bound, many independent experts predict that the Obamacare exchanges — should the GOP Congress fail to repeal the law as promised — likely will remain stable for many years.
“If nothing else changed they would probably stabilize at a lower level of enrollment,” says Faculty Affiliate Mark V. Pauly, a professor of health care management at the University of Pennsylvania’s Wharton School.
Pauly continued, stating that rising premiums could drive out everyone who isn’t heavily subsidized, but that wouldn’t cause a spiral. “The taxpayers will have to pay more so they could object but that is not what we usually mean by instability,” he says.
The ACA’s fourth signup period seen as an increasingly important test for the fate of the marketplace; A low cost-of-living adjustment may concentrate costs among the highest-earning Medicare beneficiaries; U.S. industrial production barely rose in September.
In 2010, The Patient Protection and Affordable Care Act was signed into law by President Barack Obama. Coined “Obamacare,” the Act will be listed at the top of the President’s domestic accomplishments as the most significant Federal reform of the healthcare system since the enactment of Medicare and Medicaid in the 1960’s. Created in order to increase both the quality and affordability of health insurance in the United States, the Federal statute has decreased the uninsured rate and the growth rate of healthcare costs to their lowest figures since the early 1960’s