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Tag Archives: ObamaCare
By now I’m sure you’ve seen the Congressional Budget Office (CBO) assessment of TrumpCare/the American Health Care Act (AHCA) and its topline findings: 23 million would lose coverage, it cuts $1.1 TRILLION in coverage assistance to low-income Americans, it would increase premiums for those age 50-64 by more than 850%, all while providing a massive tax cut to the wealthy and various healthcare industries like device manufacturers.
The Gorman Health Group 2017 Forum concluded last week in New Orleans with over 200 of our closest clients and partners. As we enter our 21st year, we returned to where it all began for us, with a little startup called Peoples Health, our first and closest client who now dominates southern Louisiana. The Forum ended the day JazzFest 2017 began, so many of us stayed to enjoy the festival and the best of New Orleans heritage and culture.
On March 6, 2,540 days after the enactment of the Affordable Care Act (ACA), the House Ways & Means and Energy & Commerce committees finally released their proposed legislation to repeal and replace it. The American Health Care Act of 2017 is a toxic hot mess: Read more
Yesterday, as we wrote about Trump’s and Republican’s Affordable Care Act (ACA) proposals, a bizarre game of hide and seek took place at the Capitol. Congressmen, both left and right, and the media all frantically scurried about the buildings, seeking a hidden draft bill that contained new changes to the draft leaked last week. Today, Politico reported documents detailing the new draft were obtained. The changes, which are dated February 24, 2017, are sure to go through another round before the draft’s final release.
President Trump delivered his first address to Congress on Tuesday and promoted his high-level policy wishes for the repeal of “Obamacare.” Trump called for access to coverage for those with pre-existing conditions, the use of tax credits, expansion of Health Savings Accounts (HSAs), “resources and flexibility” for Medicaid, drug price reform, and insurance sales across state lines. These proposals closely mirror those endorsed by Speaker Paul Ryan.
It’s only been four chaotic weeks into the Trump Administration, but the shapes in the fog in government health programs are slowly becoming clearer.
After a week of reflection, the general consensus is the new administration’s “market stabilization” proposal does not do much to alleviate insurer concerns and may, in fact, do some damage. At the same time, the Centers for Medicare & Medicaid Services (CMS) rolled out the new extended deadline for insurers to submit applications for the 2018 Marketplace, moving the date from May 3 to June 21. Insurers are no doubt watching for additional clarity as we quickly approach decision day for next year, and the administration’s latest moves have provided little clarity on what to expect.