A recent New York Times article confirms a disheartening fact: Obamacare is a job killer. That comes as no surprise to economists who tried to warn Obamacare proponents six years ago. Employer mandates raise the cost of employing workers and, in the process, depress wages and reduce employment.
The Obama administration recently issued a press release extolling the 10 million people expected to enroll in the Healthcare.gov (Obamacare) Marketplace for 2016.
Why have some states expanded Medicaid while others have not?
As the year winds down to a close, many Americans face a tough decision. The third Obamacare Open Enrollment period began on November 1st. Many families are faced with a tough choice: purchase coverage they cannot afford for little tangible benefit, or pay an equally unaffordable penalty and hope they do not become sick.
Obamacare health insurance cooperatives are falling by the wayside like drunken ice skaters on a frozen pond. Four health insurance CO-OPs failed just this past week.
Medicare spent about $600 billion last year. Spending per Medicare beneficiary has risen from $385 a year in 1970 to a staggering $12,430 today. Its expected to reach about $19,000 by the end of the decade. However, spending isnt distributed evenly among all seniors.
Many generic drugs have recently shot up in price sometimes significantly and for no apparent reason. While there are numerous examples, several that are egregious comes to mind.
On Labor Day,the Obama administration distributed a news release crowing about an Executive Order the president signed requiring federal contractors to provide paid sick leave.
So-called Big Box retail stores are the dominant retail model when it comes to selling vast quantities of products at competitive prices.
Yet another health insurance COOP has failed. The Louisiana Health Cooperative will close its doors at the end of the year. This comes after the colossal failure of the largest health COOP earlier in this year Iowa-based CoOportunity Health. In addition, a COOP in Vermont failed to get off the ground in 2013 and was disbanded.
Policies that aim to prevent mass violence have found broad bipartisan support in Congress.
When President Johnson signed Medicare into law on July 30, 1965, nobody realized the program would grow to its current size.
Much ado has been made about Obamacares contraceptive mandate. Democrats wanted to make contraceptives more affordable by mandating health plans provide contraceptive coverage.
On June 25, the Supreme Court upheld health insurance subsidies in states that rely on the federal exchange. The 6-to-3 majority opinion was written by Chief Justice John Roberts. A National Journal headline proclaimed John Roberts Saves Obamacare, Again, explaining It's also the second time in three years Roberts has helped pull Obamacare back from the brink of disaster.
Americans proudly support locally-owned business whenever they can.
A Congressional bill introduced today in the House Ways and Means Committee would help control reported abuse from beyond the grave but first Ill explain the situation.
The new Congress is expected to consider legislation to repeal some of the taxes imposed by the Affordable Care Act (ACA). The tax on over-the-counter (OTC), nonprescription drugs is one they should consider repealing. Depending on your health plan and location, the tax on OTC medications essentially doubles the cost of these drugs.
?Drug therapy is growing more complex and costly! So-called specialty drugs are gradually displacing traditional drugs as the primary component of drug spending. The market is expanding rapidly. Only about 10 such drugs were available 20 years ago but today there are more than 300.
The Affordable Care Act (ACA) will have a negative impact on seniors' access to care. Much of the funding for the ACA is derived by cutting $716 billion from Medicare over the next decade. One major cut includes a 25 percent fee reduction to physicians who treat Medicare enrollees.
Marriage is on the decline, and some of that may be due to marriage penalties in the federal tax code and in government welfare programs.