Young adults overwhelmingly value health insurance and don't believe they are too healthy to need it, according to survey data published Wednesday.

The findings of the poll by the Henry J. Kaiser Family Foundation could have significant implications for the prospects of President Barack Obama's health care reform law.

Enrolling large numbers of younger, healthier people into health insurance is key to keeping premiums affordable for everyone. Moreover, young people are uninsured at higher rates than older people and tend to have lower incomes.

Published in U.S. Politics

Get ready to start hearing a whole lot more about Obamacare. Advocates are gearing up for sweeping campaigns to shift the conversation this summer and fall from politics to the practical effects the health care reform law will have on consumers.

Enroll America, a coalition of groups supportive of the Affordable Care Act, announced the first phase of its public education campaign Tuesday, which will promote the health insurance exchanges where people will be able to comparison shop for coverage beginning in just over 100 days.

Published in U.S. Politics
Tuesday, 18 June 2013 03:41

Health care costs to slow in 2014

The growth in total costs for health care services is typically used by insurers to set insurance premiums.

NEW YORK (CNNMoney)

Total costs for health care services, including everything from doctor visits and prescription drugs to surgeries,are expected to rise 6.5% in 2014, when the Affordable Care Act fully kicks in, according to a report released Tuesday.

While costs are rising faster than inflation, the projected increase pales in comparison to the double-digit spikes seen in the early 2000s.

Published in Top Stories

WASHINGTON -- President Barack Obama's health care law is called the Affordable Care Act, but a glitch could make it unaffordable for many low-wage workers, including employees at big chain restaurants, retail stores and hotels.

Here's the problem:

The law requires medium-sized and large employers to offer what it calls "affordable" coverage or face fines.

But policy experts and corporate consultants say the definition of "affordable" can mean premiums up to 9.5 percent of an employee's income.

And that could be unaffordable for many people making around $20,000 a year or a few thousand more.

Published in U.S. Politics


big-brother2In his 1996 State of the Union Address, President Bill Clinton declared that the era of big government was over.  

 

Published in Latest Buzz

Siegmund championed ADP's market-moving jobs report.

(Fortune)

Diverse forces are focusing unusual attention on ADP(ADP, Fortune 500), the company that administers corporate payrolls covering 16% of all private sector workers in the U.S. With jobs in the news, the company's monthly employment report moves markets. The Affordable Care Act makes employers aware of exactly how many full-time and part-time workers they have -- or want -- under the law's complex definitions. The historic financial uncertainty creates especially interesting tension for the four companies (ADP, Exxon Mobil, Johnson & Johnson, and Microsoft) that still hold triple-A credit ratings.

Published in Top Stories

Participants may have different views on whether Obamacare plans are affordable.

NEW YORK (CNNMoney)

Until now, much of the debate swirling around Obamacare has focused on the cost of premiums in the state-based health insurance exchanges.

But what will enrollees actually get for that monthly charge?

States are starting to roll out details about the exchanges, providing a look at just how affordable coverage under the Affordable Care Act will be. Some potential participants may be surprised at the figures: $2,000 deductibles, $45 primary care visit co-pays, and $250 emergency room tabs.

Published in Top Stories

Two-thirds of American voters (66 percent) think the Internal Revenue Service targeted conservative groups as part of a high-level operation to punish political opponents.  Far fewer -- 23 percent -- think it was a mistake by a handful of lower-level IRS employees.

That’s according to a just-released Fox News poll.  

Even Democrats, by a seven percentage-point margin, are more likely to think the targeting was a punitive measure ordered by higher-ups.  

In addition, most voters continue to believe the Obama administration knew about (40 percent) or was directly involved in (28 percent) the IRS treating conservative groups unfairly.

Published in US NEWS

Two-thirds of American voters (66 percent) think the Internal Revenue Service targeted conservative groups as part of a high-level operation to punish political opponents.  Far fewer -- 23 percent -- think it was a mistake by a handful of lower-level IRS employees.

That’s according to a just-released Fox News poll.  

Even Democrats, by a seven percentage-point margin, are more likely to think the targeting was a punitive measure ordered by higher-ups.  

In addition, most voters continue to believe the Obama administration knew about (40 percent) or was directly involved in (28 percent) the IRS treating conservative groups unfairly.

Published in US NEWS


fudgeWith the necessity of an election now less than a year-and-a-half away, Sen. Mary Landrieu knows her reelection chances are most imperiled by hers being the decisive vote for the misnamed Patient Protection and Affordable Care Act, better known as “Obamacare.”

 

Published in Latest Buzz
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