Health Insurers Warn of Market Turmoil as Trump Suspends Billions in Payments

Health Insurers Warn of Market Turmoil as Trump Suspends Billions in Payments ImageSeema Verma, the administrator of the Centers for Medicare and Medicaid Services, said Trump administration officials had decided to suspend payments because of a February court ruling in New Mexico.CreditEvan Vucci/Associated Press WASHINGTON — The Trump administration said Saturday that it was suspending…

Covered California’s health insurance premiums will rise 8.7% in 2019

Premiums in California’s health insurance exchange will rise by an average of 8.7% next year, marking a return to more modest increases despite ongoing threats to the Affordable Care Act. The state marketplace, Covered California, said the rate increase for 2019 would have been closer to 5% if the federal penalty for going without health…

NC state workers’ healthcare cost: Premiums will not rise in 2019

The new budget plan the legislature passed in June increased state spending on advantages, consisting of the health insurance, at a cost of countless dollars a year.Retired state workers got extra excellent news because new budget, which also consisted of a 1 percent bonus offer payment as a cost-of-living supplement to their monthly pensions.The increased…

California ‘Obamacare’ premiums to rise 8.7% in 2019

SACRAMENTO, Calif. (AP) — Monthly health insurance premiums sold under former President Barack Obama’s health care law will rise by an average of 8.7. percent in 2019, less than the double-digit increases seen in each of the past two years and in other states. The boost would be closer to 5 percent if not for…

Trump Take Two Big Bites Out Of Obamacare In Under A Week

Trump knocks Obama’s ‘healthcare’ down another two pegs. That’s two cuts in under a week! Democrats are going to lose it over this one. Trump announced Tuesday that he would be trimming the fat off of the costly site navigation system. The system helps individuals navigate the Obamacare insurance marketplace. This new cut saves taxpayers…

Blame Democrats– not Trump– for screwing up ObamaCare

Premiums for medical insurance prepares on ObamaCare’s exchanges will increase approximately 15 percent next year, inning accordance with a new report from the Congressional Budget Plan Office.Senate Minority Leader Chuck Schumer, D-N.Y., has blamed President Trump and congressional Republican politicians for the rate hikes– and for “deliberately undermining our healthcare system.”Schumer is half best– ObamaCare’s…

Obamacare enrollment: The real cost of Trump’s sabotage

With another period of Obamacare open enrollment soon to begin, the Trump administration is once again dramatically scaling back outreach for the health care law. The Centers for Medicare and Medicaid Services announced a 70 percent cut — $26 million — to the “navigators” program that hires people to help qualified individuals sign up for…

Defying predictions, ObamaCare insurance providers see boom times ahead

Health insurers are finding success in ObamaCare this year and are planning to expand their offerings in many states, defying expert’s predictions. Insurance startup Oscar Health filed to sell ObamaCare plans in Florida, Arizona and Michigan for the first time, and will enter new markets in Ohio, Tennessee and Texas. Smaller insurers are also making…

Trump’s $15B cutbacks bill fails first Senate test

The most controversial piece of the Trump administration proposition includes$7 billion in decreases to the popular Children’s Health Insurance Program.|Evan Vucci/AP Picture Trump’s $ 15B cutbacks expense fails first Senate test The Senate narrowly rejected an effort to call up the Trump administration’s proposition to cancel billions of dollars from programs like the Children’s Health…