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Bill to as stability to the individual market and reduce premium costs proposed by Kreidler

Posted by on Feb 6, 2018 in Affordable Care Act (ACA), News, Obamacare | 0 comments

Mike Kreidler, Olympia Wash. – Insurance Commissioner is to propose legislation which will help provide some stability and confidence which over 300k people will be able to maintain individual health insurance coverage in the Washington health insurance market. Kreidler has proposed a reinsurance program. This program would help encourage additional health plan options for the 2019 individual market. It would also lower premium increases by as much as 10%. Our federal government over the past year has created a great amount of uncertainty...

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Trump successfully hurts the Obamacare markets says the CBO

Posted by on Sep 27, 2017 in Affordable Care Act (ACA), News, Obamacare | 0 comments

Even with Republicans being unable to repeal the ACA “Affordable Care Act.” New reports predict increased numbers for the uninsured under the Trump administrations. CBO projects that between the years 2017 & 2018, an increase of uninsured people will be rise by as much as 2 million. President Donald Trump’s strategy as he said is to let the Obamacare’s health law implode after failing to repeal Obamacare. A report was released by the Congressional Budget Office which predicts that the Trump administration’s policies for Obamacare would...

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CMS Releases results for third year “2016, (ACA) Marketplace Reinsurance & Risk Adjustment Data”

Posted by on Jul 27, 2017 in News | 0 comments

Results were released by CMS for the 3rd year 2016, of the reinsurance & risk adjustment programs on June 30th, 2017. This is 2 of the (ACA) Affordable Cares Act’s “Three R’s” (premium, stabilization programs). The “third R” (2016 results) which is from the (risk corridor program) is to be announced, most likely later in the year.   ACA’s (Three R) Programs which were modeled after Part D of Medicare only they are more controversial and weaker than the Part D counterparts.   ACA’s Three R programs had been modeled from comparable premium...

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CBO says 22 million more uninsured if the Senate health bill passed

Posted by on Jul 27, 2017 in News | 0 comments

The nonpartisan Congressional Budget Office (CBO) estimates 22 million less people will have health care coverage by 2026 with the health care overhaul bill that is being considered by the Senate.   It was previously estimated that under the bill passed by the House in May it would be 23 million less people. Weeks ago, Trump had told senators their House bill was (mean) and that he wants the Senate bill to have more (heart).   Number compare to the estimate for coverage we have under current law, the ACA Affordable Care Act or Obamacare, the...

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