Major Issues that the large employers are facing currently due to introduction of PPACA is the ever increasing costs of healthcare. Current year has seen a soaring 78% increase in health premiums for basic health coverage. An estimate of cost per employee for large employers (more than 10000 ...
Over the years, the federal government has used various remedies they said would “fix” healthcare. Have they worked? Let’s compare their promises to our reality, starting with the latest and greatest–the Affordable Care Act, Obamacare. Obamacare — Promises Versus Reality Details and proof...
A new surveysuggests that Obamacare has led to declines in the number of people burdened by health-care-related financial problems, as the rate of people who lack health insurance is driven down to new lows. The Commonwealth Fund, which conducts the survey every two years, said the new repo...
Here are some of the biggest health benefits you received thanks to the Affordable Care Act (AKA Obamacare), and how likely it is that each benefit will completely disappear.
Many people have warned us that Obamacare will drive up the cost of healthcare insurance, but recent evidence suggests that the problem is bigger than that. According to the Commonwealth Fund, healthcare insurance costs are rising even more quickly outside of the Obamacare exchanges than inside...
Some say ObamaCare doesn't do enough to control health care cost. Let's look at how ObamaCare controls healthcare spending with cost controlling provisions.
cost; increasing taxes on higher income earners, certain health care-related businesses, and businesses that provide employees with high-end insurance coverage; expanding Medicare to cover low income individuals; providing tax credits for health care for the unemployed or to workers whose employers do...
But even here, remedies could evolve. States might use their state-run exchanges to funnel so many applicants to a single, low-cost insurer that the insurer becomes, in effect, a single payer. Vermont is already moving in this direction. In this way, the Affordable Care Act could become ...
In 2023, a job-based health plan is considered “affordable” if your share of the monthly premium in the lowest-cost plan offered by the employer is less than 9.12% of your household income. The lowest-cost plan must also meet the minimum value standard. You do not qualify for premium ...
Rising health care costs: The report states that medical inflation exceeds the growth of non-medical prices despite a slowdown in recent years. Hospital market consolidation and workforce shortages: With reduced competition due to consolidation, and supply-and-demand workforce cost increases, ...