Health Care and Insurance News Bulletin
February 16 – February 27, 2015
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.
As Health Exchange Sign-Ups Rise, So Do Stakes for Supreme Court
The Obama administration said Wednesday that 8.6 million people in 37 states had selected or renewed health plans through the federal insurance marketplace, and that most of them would suffer if the Supreme Court blocked premium subsidies for consumers in those states.
U.S. Health-Care Spending Is on the Rise Again
The national medical bill may be back to growing faster than gross domestic product. After five years of historically slow growth, new data show U.S. health-care spending accelerated significantly in 2014.
800,000 HealthCare.gov customers given wrong tax info
About 800,000 HealthCare.gov customers got the wrong tax information from the government, the Obama administration said Friday, and officials are asking those affected to delay filing their 2014 returns.
An Obamacare fix
As Americans fill out their tax forms over the next several weeks, millions are in for a shock. Those who lacked health-care insurance last year but could afford to buy it will have to pay $95 or 1 percent of income — whichever is greater — to the government.
Exchange Tax Credits or Employer Coverage: What's Better for Low-Income Americans?
The Affordable Care Act (ACA) established health insurance exchanges, which are online marketplaces for buying insurance without going through an employer. One of the primary ways exchanges make coverage affordable for low- and middle-income people is through tax credits and subsidies. However, the ACA itself and the manner in which states have elected to implement it are excluding many people from this support.
STATES IN THE NEWS
384,612 in Virginia sign up for Obamacare plans
More than 384,000 people in Virginia signed up for health plans through the Affordable Care Act marketplace by last Sunday’s open enrollment deadline, surpassing a target set by state officials and consumer advocates.
Exchange enrollment soars past half a million
Powered by a late surge, Georgia’s enrollment in the 2015 health insurance exchange easily surpassed the half-million mark.
Maryland health exchange’s second year much more successful than first
The second year of Maryland’s health insurance marketplace was much more successful than its first.
Florida has highest number of enrollees under health law
Florida has eclipsed California to become the state with the highest number of consumers buying health coverage through new insurance markets under the Affordable Care Act, according to federal statistics released Wednesday.
Exchange sign-ups well short of 2015 projections
Dogged by glitches, Colorado’s health exchange has signed up about 140,000 people for private health insurance so far for 2015. That number is far below the lowest projection of 168,777 for all of 2015 and a high projection of 242,777 for the year.