Heartland’s Michael Hamilton joined The What’s UP Radio Program with Terry Lowry this week to discuss how the Affordable Care Act is squeezing small businesses, and by extension, individuals.
Tagged: affordable care act
The Affordable Care Act (ACA), also known as Obamacare, allows states to expand Medicaid to cover individuals making up to 133 percent of the federal poverty level. Thirty states and the District of Columbia have chosen to expand their Medicaid programs under the ACA, and 20 states, including Virginia, have refused to do so.
Liberals love to extol their deep compassion for the poor, whom conservatives allegedly don’t give a fig about. Thus our Community-Organizer-in-Chief pontificates endlessly about income inequality, to justify his determination to “fundamentally transform” our nation, so that “everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same set of rules.”
One of the most ambitious efforts to replicate real-world competition in the Affordable Care Act has proven to be a growing failure. In an attempt to increase competition in the healthcare market and on the new health insurance exchanges, ACA established a program to assist in the creation of new private nonprofit health insurers, known as consumer oriented and operated plans.
The Obama Administration has routinely used a “9 million” figure when estimating new Obamacare enrollments, but according to a report released by the Heritage foundation, only a very small percentage – less than 3% of all new enrollments – are actually applying for insurance on the exchanges. The other 97% are the direct result of massive Medicaid expansions.
In today’s edition of The Heartland Daily Podcast, Heartland Editor Justin Haskins discusses the Presidential candidate Jeb Bush’s plan to repeal and replace the Affordable Care Act, or Obamacare.
When President Barack Obama was working to “sell” the Affordable Care Act (ACA), also known as Obamacare, one of the primary claims he made was that the costs associated with providing some 30 million Americans with health insurance could be offset by reducing government mismanagement and fraud. But the more time Americans have had to experience the health care reform legislation first-hand, the more obvious it has become that, like virtually all government-controlled social experiments, Obamacare’s waste of taxpayers’ money has grown to epic levels.
Six Americans in black robes have, yet again, saved the Affordable Care Act (ACA) from a major crisis, but the most important part of this story for young people is their atrocious ruling will cause significant problems for the nation’s youngest and healthiest citizens.
As many as 6 million people are facing higher taxes today because they decided the insurance offered to them under the Affordable Care Act was not worth the price, even after government subsidies. Another 3.4 million people will pay higher taxes because they failed to accurately predict their income when they obtained their insurance.
The Congressional Budget Office (CBO) released a report on March 9 projecting Obamacare premium prices to outpace both private insurance premiums and government spending between 2016 and 2018.
Dr. Emanuel’s real reason for discouraging annual physicals seems to be his expert-driven insistence on making Obamacare work despite the odds. In essence, the Affordable Care Act is yet another wealth transfer scheme, from the healthy to the sickly, from the middle class to the lower class.
Peter Ferrera joints The Heartland Institute’s Budget and Tax News managing editor Jesse Hathaway to discuss a new Policy Brief published by the Heartland Institute, “Power to the People: Repealing and Replacing Obamacare with Patient Power.”
Research Fellow Sean Parnell talks with Jeff Anderson, Executive Director of the 2017 Project. The two discuss Anderson’s organization’s plan for replacing Obamacare with a more market-friendly system. The 2017 project is based on a combination of tax credits, reform of the individual insurance market, and high-risk pools.
“No. I — I did not. Uhhh, I just heard about this… I — I get well briefed before I come out here. Uh, th-th-the fact that some advisor who never worked on our staff, uhh, expressed an opinion that, uhh, I completely disagree with wuh, uhh, in terms of the voters, is no reflection on the actual process that was run.” — President Obama replying to a question about Jonathan Gruber at the conclusion of the G-20 Conference in Brisbane, Australia.
On August 6, 2014, Sean Parnell did a presentation about his new book, The Self-Pay Patient: Affordable Healthcare Choices in the Age of Obamacare as a part of The Heartland Institute’s Author Series. During the presentation, Parnell explained why he wrote the book, what it means to be a self-pay patient, why one might want to be a self-pay patient, and what the book means for the free-market healthcare movement.
The myriad executive branch Departments, Agencies, Commissions and Boards have been in omni-directional fashion vastly exceeding their authority – doing things that are clearly the Constitutional purview of (amongst other others) the legislative and judicial branches.
It’s too soon for champagne, but perhaps a beer is in order. In a 2-1 decision in the case of Halbig v. Burwell, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit has ruled that the Internal Revenue Service cannot interpret the Affordable Care Act, also known as Obamacare, as allowing subsidies for those Americans who purchase health insurance from the federal health insurance exchange known as Healthcare.gov. This is because the text of the law specifies that subsidies or tax credits are available for insurance purchased on state-created exchanges.
Today, the Manhattan Institute re-released its Obamacare Interactive Map. The map is one of the most comprehensive and useful tools for people looking to determine how Obamacare will affect their healthcare premiums. Presenting data by county, individuals can see just how costly the “affordable” care act is going to be.