Health Care and Insurance News Bulletins
April 24, 2016 – May 8, 2016
The purpose of this bulletin is to compile a handful of articles relating to the Patient Protection and Affordable Care Act (PPACA) that are most pertinent to LIUNA and its health and welfare funds. We hope you find this biweekly bulletin helpful and informative.
About That Cadillac Tax
In December 2015, Congress delayed implementation of the so-called Cadillac tax, a 40 percent excise tax on high-cost employer health benefit plans.
Cadillac Tax: A Levy in Limbo
The future of the Cadillac tax, a key cost-control mechanism and federal revenue source enacted as part of the Patient Protection and Affordable Care Act (ACA), is unclear.
Health Care Companies See Scale as the Only Way to Compete
A spate of deals on Thursday showed that health care companies are convinced, regardless of tax benefits, that bigger is not only better, it is necessary.
Ryan Wants to End Obamacare Cost Protections for Sick Consumers
U.S. House of Representatives Speaker Paul Ryan called on Wednesday for an end to Obamacare's financial protections for people with serious medical conditions, saying these consumers should be placed in state high-risk pools.
Huge health care price differences even within same area, by state
Huge variations exist in the prices of some of the most common medical procedures across state lines, by according to a report major insurers released Wednesday, but some experts say the data is of little use to consumers who rarely know what they owe until the bills arrive.
Obamacare's November surprise
The last thing Democrats want to contend with just a week before the 2016 presidential election is an outcry over double-digit insurance hikes as millions of Americans begin signing up for Obamacare.
STATES IN THE NEWS
Colorado Weighs Replacing Obama’s Health Policy With Universal Coverage
For years, voters in this swing state have rejected tax increases and efforts to expand government. But now they are flirting with a radical transformation: whether to abandon President Obama’s health care policy and instead create a new, taxpayer-financed public health system that guarantees coverage for everyone.
Blue Cross to stop accepting credit cards for insurance payments
In the face of losses in the Affordable Care Act marketplace, Blue Cross and Blue Shield of Illinois is looking for new ways to cut spending.
Oregon health insurers seek double-digit 2017 rate hikes
Every Oregon health insurance company but one is proposing double-digit percentage rate hikes for the individual market in 2017, with two of the biggest players -- Moda Health Plans and Providence Health Plans -- both seeking to raise rates by nearly a third.