Insurance Q&A

April 17, 2013

Union calls for repeal of health care reform law

Filed under: health,healthcare,healthcare reform,Obama,obamacare — rrroark @ 3:06 pm

Worried about a potential loss of jobs for its members, a big roofing union is calling for repeal or “complete reform” of the federal health care reform law.Starting in 2014 under the Patient Protection and Affordable Care Act, employers with at least 50 employees must offer qualified coverage or pay a penalty of $2,000 for each full-time employee.That mandate will result in a competitive disadvantage for roofing companies offering coverage to their unionized workforces through multiemployer health care plans, says Kinsey Robinson, international president of the United Union of Roofers, Waterproofers and Allied Workers in Washington.That requirement creates “an unfair bidding advantage” for smaller contractors who will not have to provide coverage, with the potential for union members to lose work, Mr. Robinson said in a statement Tuesday.As a result, Mr. Robinson said, “I am calling for repeal or complete reform of the Affordable Care Act.”The position taken by the head of the 22,000-member roofers union contrasts sharply with the strong support of the health care reform law by other unions, such as the United Auto Workers.Other calls for repealLast year, the House of Representatives voted to repeal the law, but the Senate did not take up the repeal measure. The House action came after the Supreme Court upheld much of the law, including a core provision that will require, beginning in 2014, most Americans to enroll in a qualified plan or pay a fine.This year, individual Republican lawmakers have introduced legislation to repeal parts of law. For example, Sen. Rob Portman, R-Ohio, introduced legislation to repeal the employer mandate, while a measure proposed by Sen. Orrin Hatch, R-Utah, would repeal the laws individual mandate. No action has been taken on those and other repeal bills that have been introduced.

via Roofers union calls for repeal of health care reform law | Business Insurance.


April 3, 2013

Insurers win Medicare Advantage battle

Filed under: healthcare,healthcare reform,Medicare,Medicare Advanrage — rrroark @ 10:08 am

Health insurers have persuaded Medicare Advantage bidding managers to admit that the underlying cost of care is likely to go up about 3 percent in 2014, not fall more than 2 percent.

But other program changes could still make the 2014 bidding process hard on insurers, according to Humana Inc. (NYSE:HUM).

The Centers for Medicare & Medicaid Services (CMS), the arm of the U.S. Department of Health and Human Services (HHS) that runs Medicare, announced changes in the final “national per capita growth percentage” in a Medicare Advantage “final call letter” — a document that gives a complete description of the factors a health carrier must consider when coming up with the products and prices it will offer to Medicare Advantage program managers.

via Insurers win Medicare Advantage battle | LifeHealthPro.

March 29, 2013

Second study this week shows ObamaCare will drive up premiums

Filed under: health,healthcare,healthcare reform,Obama,obamacare — rrroark @ 6:15 pm

The Society of Actuaries had already released its analysis of the damage that ObamaCare will do to health-insurance costs, and HHS Secretary Kathleen Sebelius had already admitted that prices would go up as government forced people to buy bigger comprehensive policies. CNN even went so far as to ask whether Barack Obama and his administration had “misled” voters over the costs of ObamaCare.

This study, though, is actually separate from the SoA’s analysis.  The state of California commissioned this new study for its state exchange to determine the impact of ObamaCare, and it matches closely to the SoA conclusion:

A study commissioned by the State of California says that the new federal health care law will drive up individual insurance premiums, but that subsidies will offset most of the increase for low-income people.

The study, issued Thursday in the midst of a growing national debate over the impact of the law, is significant because California is far ahead of most states in setting up a competitive marketplace, or exchange, where people can buy insurance this fall.

Premiums could increase by an average of 30 percent for higher-income people in California who are now insured and do not qualify for federal insurance subsidies, the study said.

via Second study this week shows ObamaCare will drive up premiums « Hot Air.

via Second study this week shows ObamaCare will drive up premiums.

November 11, 2010

Dr. Drew on Obama’s Health care reform

Filed under: adam carolla,carolla,dr. drew,drew,health,healthcare,Obama,obamacare — rrroark @ 10:40 am

Dr. Drew on The Adam Carolla’s Show Podcast giving his prediction on what will happen when Obama’s health care act is implemented.From November 5th, 2010

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Dr. Drew on Obama’s Health care reform, posted with vodpod

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