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Stories tagged with “Health Insurance

NEWS FLASH

More Than One Million Veterans Would Benefit From Obamacare | Under the Affordable Care Act, about 630,000 uninsured veterans would qualify for Medicaid, and an additional 520,000 would receive subsidized health insurance in the state exchanges, according to a study from the Robert Wood Johnson Foundation. “It is striking how many of the uninsured veterans would qualify for Medicaid under the ACA,” said the report’s co-author Genevieve Kenney. Nationwide, 1.3 million veterans are uninsured, and another 900,000 veterans use VA care but have no other insurance coverage. On top of that, about 900,000 adults and children in veterans’ families are uninsured.

NEWS FLASH

Study: Many Individual Insurance Plans Don’t Meet Obamacare Standards | Most individual insurance plans do not meet the standards required in the Affordable Care Act, so Americans who purchase these plans will receive much more generous coverage once Obamacare has been fully implemented in 2014. According to a study published in Health Affairs, even the most basic plan under ACA would offer better care than the majority of individual insurance coverage now. The health reform law establishes that insurers have to cover 60 percent of a plan’s total cost, but only one-third of individual plans do that now and more than half cover less than 60 percent. After regulations are in place, individual insurance customers will not have to shoulder as much of the burden for the cost of their plans.

NEWS FLASH

62,000 Could Lose Insurance Without Obamacare | If the Affordable Care Act is overturned, nearly 62,000 “uninsurable” patients could lose health insurance coverage if the Affordable Care Act is overturned. These people, who have been turned down by insurance companies because of pre-existing coverage, can receive coverage through the Pre-Existing Condition Insurance Plan (PCIP). The temporary program helps them find insurance until 2014, when insurance companies will be required to accept all applicants regardless of medical history. But if the provisions that expand health care access are stripped, then PCIP participants would have no options. “They need to look at this carefully because it is going to affect a lot of people with a lot of bad conditions who are not going to have any health care coverage,” Amie Goldman, who oversees PCIP in Wisconsin, told the AP.

Health

Steve King Claims Obamacare Will Grow The Number Of Uninsured, Calls For ‘Personal Responsibility’

During an appearance on CSPAN’s Washington Journal Thursday morning, Rep. Steve King (R-IA) claimed that the Affordable Care Act would increase the number of Americans without health insurance, dismissing analysis showing that 30 million people would gain coverage under the law.

“Everybody in America has access to health care, and we even have many many organizations that make sure they fill those holes,” King explained. “The effort was to increase the number of insured in America and that number does not look like it will increase under Obamacare”:

KING: We’re actually going to get more people uninsured under Obamacare and this creates the foundation for a one-size-fits-all federally-run socialized medicine system. We’re not completely there and I think we are a lot better off to let the free markets do this and encourage people to be personally responsible.

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King’s analysis of health policy couldn’t be more wrong. While organizations and hospitals do provide emergency services to uninsured Americans, the cost of that uncompensated care is shifted to private premium payers, resulting in higher health care spending system-wide. Obamacare accepts King’s premise of encouraging personal responsibility and will require able-bodied citizens to pay for their own health care expenses beginning in 2014.

During the interview, King also reiterated his opposition to requiring insurers to provide health care coverage to people with pre-existing conditions and said that Republicans should repeal the health care law in its entirety without preserving its popular provisions. This position puts him at odds with Republican leaders, who are drafting a plan to maintain aspects of the law that allow young people to stay on their parents health care plans and outlaw discrimination against sick people.

NEWS FLASH

Study: Children With Private Insurance More Likely To Receive Treatment In ERs | A study published in the most recent edition of the Journal of Pediatrics found that children who had public insurance, like Medicaid or the Children’s Health Insurance Program (CHIP), or no insurance at all, did not receive the same level of treatment in emergency rooms as children with private insurance. The study found that those children were 22 percent less likely to have testing when they visited a hospital’s emergency department, while children without insurance were less likely to receive medication than their insured counterparts. However, there was no difference in admittance rates based on insurance status for children with serious illnesses. While the reasons for this discrepancy are unclear, one possibility is that ERs are overtreating children with private insurance, which pays hospitals more. According to the Kaiser Family Foundation, nearly half of all children do not have private insurance.

-Zachary Bernstein

NEWS FLASH

Health Insurers Owe Millions In Rebates To Floridians Thanks To Obamacare Regulations | Health insurance companies owe tens of millions to Florida policy holders after they failed to meet an Affordable Care Act provision that limits the amount of premium dollars that insurers can spend on overhead. According to a Kaiser Family Foundation report, Floridians could receive up to $149 million in rebates this summer, even though political officials in the state oppose the law as a whole and had asked the federal government for less stringent requirements that would have likely reduced the rebate amounts. In January, the federal government denied the state’s request.

Health

Enrollment In Alabama’s High Risk Pool Increases Six-Fold

One of the things Americans like most about the Affordable Care Act is that insurance companies can no longer deny people coverage because of a pre-existing condition like cancer or diabetes. That provision will take effect in 2014, but in the meantime, individuals and families with pre-existing conditions can enroll in temporary high-risk insurance pools that provide coverage for those who are can’t find insurance elsewhere.

Since large groups of sick people are very expensive to insure — they spend the premiums they pay into the risk pool — enrollment has lagged behind expectations, as high risk pools attracted the sickest (and more desperate) individuals willing to pay a hefty price for coverage. But since the federal government instituted a series of reforms, enrollment has picked up. In Alabama, for instance, the size of the state’s pool increased six-fold over the last year, when premiums were cut by 40 percent. Other states also saw tens of thousands more Americans join their state’s pools:

The U.S. Department of Health and Human Services reports that as of the end of February, 389 people in Alabama were on the special insurance, an option for people with illnesses that make them a high risk, such as cancer or diabetes. Last February, there were 61 enrollees. [...]

Alabama’s uptick in enrollment follows a national trend over the last 12 months, when enrollment grew from 12,437 to 56,257. The plans are for people who have been denied coverage because of their health status and are struggling to find affordable insurance. To qualify, people must have gone without health insurance for six months and not be eligible for Medicaid or Medicare.

“For too long, Americans with pre-existing conditions were locked out of the health care system, and their health suffered,” HHS Secretary Kathleen Sebelius said in a recent prepared statement. “Thanks to health reform, our most vulnerable Americans across the country have the care they need.”

Alabama is far from alone in seeing higher enrollment. According to the National Conference of State Legislatures, 49 states, plus Washington, DC, saw an increase in enrollment in their high-risk pools last year. (The lone outlier, Vermont, was not listed as having any enrollees in its pool, but is a “guaranteed issue state” which offers policies to all eligible applicants regardless of their health.) The federal government’s contribution to the program — $5 billion — is running out fact, but given the new enrollment numbers, the law is clearly having an impact.

-Zachary Bernstein

NEWS FLASH

122 Million Americans With Pre-Existing Conditions Spend $4,844 More Per Year For Health Care | Between 36 million and 122 million adults “reported medical conditions that could result in a health insurer restricting coverage,” a new report from the Government Accountability Office (GAO) finds, representing 20 to 66 percent of the adult population. Hypertension was the most commonly reported medical condition among adults “that could result in a health insurer denying coverage, requiring higher-than average premiums, or restricting coverage.” Insurers also denied coverage for:

Adults with pre-existing conditions spend $1,504 to $4,844 more per year annually on health care, and most — 88 to 89 percent — live in areas of the country “without insurance protections similar to the Affordable Care Act provisions, which will become effective in 2014.”

Health

GOP Proposal Would Take Coverage Away From 350,000 People, Disproportionately Hurt Women

Since passing the House Budget using a legislative tactic they’ve previously described as “unconstitutional,” Republicans have begun their appropriations process by marking up legislation that would cut millions from federal safety net programs and middle class health care benefits in order to finance their $3 trillion giveaway to corporations and the richest Americans.

Under the Republican-approved budget, for instance, the House Ways & Means committee is instructed to reduce the deficit by $53 billion between 2013 and 2022 and members are not wasting any time going after the benefits that lower and middle class Americans rely on and block granting social programs to the states. First on the chopping block: are health care subsidies for middle class families earning up to $90,000 a year who will purchase insurance in the state-based exchanges, child care and related assistance for 4.4 million children, Meals On Wheels and other home-based services for nearly 1.7 million older Americans, and transportation services for almost 1 million disabled individuals.

During this morning’s hearing, Rep. Xavier Becerra (D-CA) pressed the Joint Committee on Taxation on the consequences of the GOP’s health subsidy proposal — which would require families to pay back the government if their incomes fluctuate and dissuade people from claiming credits in the first place. Under current law, the premium support is paid out as an advance refundable amount to insurance companies based on an estimate of annual income (the assistance is available, on a sliding scale, to families of four making up to $90,000 a year). Should a family’s income change during the year, it will have to pay the government back a specific dollar amount come tax season. Congress has increased the amount since the law passed and under the current Republican proposal, “an individual would be liable for the full amount of the overpayment.”

The JCT found that the tax increase would lead 350,000 people to lose coverage and, as the National Women’s Law Center explained in a letter to Becerra, it would “especially hurt women”:

BECERRA: The letter from the National Women’s Law Center points out that eliminating this provision, which is called the safe harbor provision, would especially hurt women… A 2008 study by the Congressional Budget Office found that women experience more large changes in earnings from year to year than men. This suggests that women are more likely to have a difference in estimate actual income during the year and therefore more likely to repay a portion of the tax credit during the reconciliation. Eliminating the safe harbor by removing the repayment cap will leave women who enrolled in coverage but had an income change mid-year…vulnerable to an unaffordable tax bill. As a result hundreds of thousands of women will refuse coverage for fear of the repayment penalty.

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Republicans have also proposed repealing the health care law in its entirety, which would result in 30 million Americans becoming uninsured.

NEWS FLASH

Florida Insurers To Rebate $113 Million To Policyholders | Thanks to the health care law, Floridians who obtained health insurance without employer assistance will receive rebates between $143 and $949 in August, according to the South Florida Sun-Sentinel. The law requires insurers to spend 80 percent of their premiums on medical costs, and refund the difference to policyholders if they fail to meet the benchmark. In total, Florida insurers will pay out $113 million to an estimated 157,000 individuals and families. An estimated $65 million will also be split among workers at 352,000 small businesses.

-Zachary Bernstein

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