The Prognosis for Obamacare
Obamacare, the largest program to be rolled out by the U.S. government since Medicare and Medicaid in 1965, move into its final phase on October 1, with enormous medical and political consequences at stake. That's when the insurance exchanges created to extend medical coverage to more than 30 million uninsured Americans kicked into gear, overcoming regulatory delays, Republican opposition and a skeptical public.
With reporters in Washington, D.C. and on the ground in hospitals, doctor's offices and neighborhoods across the country, Bloomberg News is providing comprehensive coverage of the impact of the $1.3 trillion Affordable Care Act as it swings into action throughout the year.
Kala Sanders owes more than $10,000 in doctor bills and wanted to be Wisconsin’s first person to get insurance under the Affordable Care Act. A faulty computer system delayed her attempt to obtain coverage for a stomach ailment whose cause she doesn’t know.
The battle over Obamacare is taking on political importance as Democrats hope a successful roll-out among Hispanics will further bind those voters to the Democratic Party and undermine Republican efforts to build more support before the 2016 presidential election.
Holy Cross Hospital’s health center in Aspen Hill, Maryland, is bracing for more business. The center treats the uninsured, and has been busy since it opened in 2012 with a waiting list of more than 400 people at its clinic.
Phil Ennen runs a rural hospital system in northwest Ohio that admits about 2,500 people a year, many of them poor or elderly. He’s got the only emergency cardiac catheterization lab between Toledo and Fort Wayne, Indiana.
The Affordable Care Act is the best chance for the U.S. to achieve near universal medical coverage and curb a rise in health-care costs that has hurt the nation’s global competitiveness, former President Bill Clinton said.
Republican governors seeking to make their states enemy territory for Obamacare are facing a counteroffensive. Among the vanguard: two 74-year-old retirees walking the streets of working-class New Jersey.
Anti-tax advocate Grover Norquist predicted that President Barack Obama will agree to delay implementation of the bulk of his health-care law set to take effect on Oct. 1 and avoid a government shutdown.
The U.S. government needs to offset “misinformation” about the health-care law being circulated in states led by Republican governors, according to the Obama administration official responsible for implementation.
For Medicare, this has been a summer of good and bad news. On one hand, the program’s costs continue to rise remarkably slowly. So far this fiscal year, they have gone up by only 2.7 percent in nominal terms, the Congressional Budget Office reports.
Premiums for some medical plans to be sold to the uninsured next year will be 18 percent less costly than government analysts expected under President Barack Obama’s signature health-care law, his administration reported.
Freeing companies from a U.S.- government mandate to offer employees health care is setting off a chain of events that may enlarge the pool of uninsured Americans. That may be good for President Barack Obama’s health-care overhaul.
Republican Governor Jan Brewer of Arizona scored a hard-fought victory against her party’s legislative leaders after winning passage of her plan to expand Medicaid to cover about 300,000 more residents.
Texas, Louisiana and 12 other U.S. states that are declining to expand Medicaid under President Barack Obama’s health overhaul will lose at least $8.4 billion in federal funding in 2016 alone, a study found.
Less than five months before the Affordable Care Act fully kicks in, hospitals are improving care and saving millions of dollars with one of the least touted but potentially most effective provisions of the law.
The Affordable Care Act’s initial success next year depends on President Barack Obama’s ability to coax at least 2.6 million people who are young and healthy to sign up for health insurance. Hispanics may be the key.
UnitedHealth Group Inc. will offer coverage in just a dozen of the U.S. health-care law’s new insurance exchanges, in the latest sign big insurers see little gain from quickly plunging into the new markets.
Detroit is facing bankruptcy, and Chicago wants to cut retiree benefit costs. Both are turning to President Barack Obama’s health-care overhaul in what could become a road map for cash-strapped cities.