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Covered California authorized a 12.4 percent average surcharge on silver-tier plans, the second-least expensive option sold on the exchange. It brings the total average premium increase on those plans to nearly 25 percent next year.
The statement from the Maine senator came after the Congressional Budget Office said the bill would cause millions of people to become uninsured.
In this episode of “What the Health?” Mary Agnes Carey of Kaiser Health News, Sarah Karlin-Smith of Politico, Margot Sanger-Katz of The New York Times and Julie Appleby of Kaiser Health News discuss the recent extension of cost-sharing subsidies for millions of low-income beneficiaries on the Affordable Care Act’s marketplaces and the state of play on Capitol Hill and in the states concerning initiatives to lower prescription drug costs.
Court allows state attorneys general to join a pending legal challenge to keep billions in subsidies flowing to consumers and insurers, despite the Trump administration’s resistance.
The figure could be higher if President Trump ends an important consumer subsidy, which he has threatened to do. The exchange also announced that Anthem Blue Cross will pull out of Covered California and the overall individual market in 16 of the 19 regions it currently serves.
By taking aim at the subsidies received by some congressional staff members who, under the Affordable Care Act, are mandated to get their health coverage from the Obamacare exchanges, the president reignited an old fight.
Although some people below the poverty level will now be able to qualify for premium subsidies, they may have trouble covering the out-of-pocket costs.
The latest Republican plan to revamp the health law reshapes how age and income affect what help consumers get for paying premiums.
Tom Price defends proposed spending reductions in Medicaid and other HHS programs while demurring on questions about cost-sharing subsidies for the 2018 Obamacare marketplace.
People who were using marketplace plans instead of Medicare may qualify for the reprieve. They have until Sept. 30 to apply.
With limited federal subsidies under the GOP health care bill, experts say states like California and New York would be under pressure to cut costs. That could mean shrinking benefits and dropping the prohibition against charging sicker patients higher premiums.
Health insurers must submit initial rates to California’s exchange on Monday, but confusion persists over core elements of the current health law.
Democrats want a bill to fund the government for the rest of the year to include funding for the health law’s cost-sharing reductions for low-income marketplace customers, but Republicans want to keep the issues separate.
There are many ways beyond legislative repeal for the Trump administration and congressional Republicans to unravel the Affordable Care Act.
Exchange enrollees and insurers fret over a lawsuit that could end federal help with copays and deductibles.
California’s health insurance exchange released an analysis showing that Republicans’ plan to trim subsidies, on average, by 40% would fall hard on elderly and very low-income people, especially in expensive areas like San Francisco.
The thought of losing California’s Obamacare gains is “somewhere between nauseating and mind blowing,” says Robert K. Ross, CEO of the California Endowment.
Covered California sent the wrong subsidy information to insurers, who charged most consumers less than they really owed. Now they have to pay up.
Health insurance subsidies are pegged to income estimates, but if those are too low, the customer may have to make a repayment to the government.
Consumers who feel they pay too much for skimpy coverage may welcome Donald Trump’s changes to the health law, but those who are sick are deeply worried.