ObamaCare News: Daily Obamacare Updates
ObamaCare Facts' Daily Updates on ObamaCare
The latest ObamaCare News from ObamaCare Facts. We provide daily ObamaCare news updates to help you keep up to date on what's happening with ObamaCare Today. Due to the ever changing nature of the new health care law staying up to date on the latest ObamaCare news is a must. Find out how ObamaCare will affect you, your family and your business.
ObamaCare News December 2013
The Affordable Care Act SHOP Delayed Until Open Enrollment 2014
The opening of the Affordable Care Act SHOP "Small Business Health Options Program" (the part of the marketplace small businesses use to buy employee health plans) has been pushed back to November 1st, 2014. Small businesses can still buy a SHOP plan through an agent now and claim tax breaks up to 50% of their share of employee premiums starting January 1st, 2014. Learn more about the ObamaCare SHOP Small Business Health Options Program.
ObamaCare News November 2013
ObamaCare Website Update: 50,000 Users at One Time
A new "fix" means that the ObamaCare website healthcare.gov will be able to handle up to 50,000 users at one time. This should go a long way to making the website a smooth ride for users. Check out the latest ObamaCare Website Updates.
If You Like Your Plan, You Can Keep It, until 2015.
President Barack Obama today announced a plan to let insurance companies renew for one year the health plans for consumers whose policies would be otherwise canceled.
Insurance companies may extend through 2014 the policies that would not meet the minimum standards of the president's Affordable Care Act. Learn more about Keeping your Insurance under ObamaCare.
Why Was My Health Insurance Cancelled?
Wondering why your health insurance policy was cancelled going into 2014? Let's take a look at why many Americans are losing their policy, how ObamaCare played a part, and why it could be a good thing or bad thing for you depending on the situation. Read more about ObamaCare Health Insurance Cancellation.
ObamaCare News October 2013
Ted Cruz Receives Taxpayer Subsidized Health Insurance
Ted Cruz's Goldman Sachs $20,000 family health plan is estimated to cost taxpayers about $8,000. Cruz is at the forefront of the effort to defund ObamaCare, which included a 16-day government shutdown, to stop taxpayer dollars going towards health insurance costs for low to middle income families and the requirement for large employers to offer health coverage to full-time workers. Read more about Ted Cruz and Obamacare.
Ohio Expands Medicaid - State's Now Split
Ohio just became the 25th State to expand Medicaid eligibility levels to all Americans under the 138% Federal Poverty Level. The State's are now split with 25 States expanding Medicaid and 25 opposing providing healthcare to their poorest despite 100% funding for the first 3 years and 90% thereafter. Read more about ObamaCare Medicaid Expansion
ObamaCare Website Glitch
The official healthcare.gov website got off to a rocky start with many users reporting issues with the site. Luckily the Affordable Care Act is more than just a website and there are still lots of ways to sign up for health insurance now. Read more about ObamaCare Website Glitch
ObamaCare and Doctors
ObamaCare means an increased number of "customers" for doctors. Some of ObamaCare's changes mean higher doc payouts, while others could pose some problems. Read more about ObamaCare and Doctors
Grandfathered Health Plans: Health Insurance Purchased Before 2010
“Grandfathered” plans are those in effect before the act passed. Grandfathered plans have many exemptions to requirements of the act.
The Health Insurance Marketplace Opens
The health insurance marketplace opened today. Despite lots of technical issues millions of Americans are finding better coverage at lower rates. Find out, "What is the Health Insurance Marketplace
The Government Shut Down
House Republicans won't pass a budget unless it repeals and defunds parts of ObamaCare and Senate Democrats won't pass a budget unless it doesn't. The current statement is specifically over two parts of the law the medical device tax and the employer mandate. Learn more about ObamaCare's taxes
ObamaCare News September 2013
Changes to Medicare in 2013-2014
Changes to Medicare insurance 2013-2014:
For Seniors with Medicare insurance or Medicare Advantage not much will change under the Affordable Care Act (ObamaCare).Read about the Changes to Medicare Insurance 2013 - 2014
ObamaCare and Young People
The Affordable Care Act (ObamaCare) helps young people in lots of ways. The law itself brings many benefits to all Americans including young people. The truth is the new health care law has been in effect for 3 years already and so many young adults have already benefited from the new rights and protections. Read our article on ObamaCare and Young People.
ObamaCare and Smokers
From the ObamaCare smoker glitch to the amount smoking can increase your premium the bottom line is ObamaCare affects smokers. Read our article on ObamaCare and Smokers
MYTH! $100 a Day Fee For Employers a Good Thing?
the $100 fee is a myth. Employers do need to provide information to their employees though. Get the scoop here. MYTH:
Beginning Oct. 1, any business with at least one employee and $500,000 in annual revenue must notify all employees by letter about the Affordable Care Act’s health-care exchanges, or face up to a $100-per-day fine. The purpose of the fine isn't to extort employers, it's simply to ensure that everyone does their part to spread the word about the Health Insurance Marketplace opening October 1st, 2013. What Do I Need to Tell My Employees about ObamaCare?
ObamaCare News August 2013
ObamaCare Government Shut Down?
It turns out that ObamaCare has had a big impact on the hospital mergers. Read this article from the New York Times to get the details
ObamaCare News July 2013
ObamaCare Government Shut Down?
Senator Mike Lee (R-Utah) has been leading an effort to shut down the government unless Obamacare is repealed. He wants Republicans to refuse to pass a continuing resolution that would keep the federal government open beyond Sept. 30 in order to prevent decisions on funding for the implementation of the Affordable Care Act. He already has the backing of about a dozen Republican senators. Unfortunately for him, shutting down the government won't stop the already in place law from implementing many of it's requirements including the employer mandate.
ObamaCare Employer Mandate Delayed
The ObamaCare employer mandate has been delayed until 2015. Read more: ObamaCare Employer Mandate Delayed
ObamaCare News June 2013
ObamaCare Tax Penalty Explained
The ObamaCare tax penalty, the tax penalty for not having health insurance, starts in 2014. The penalty will be applied to your taxable income and will be 1% to 2.5% of your taxable income or a set amount, whichever is greater. ObamaCare Tax Penalty Explained.
ObamaCare News March 2013
Attempt to Repeal ObamaCare Fails Again
The senate has rejected the effort by Sen. Ted Cruz (R-Texas) to repeal ObamaCare. The amendment sought to “establish a deficit-neutral reserve fund to provide for the repeal of ObamaCare.
Cruz's amendment to the Democratic budget resolution failed 45 to 54.
ObamaCare Mandate Exemption Penalty
Those who choose not to purchase insurance will have to pay a tax "penalty" unless they qualify for an exemption. Exemptions from ObamaCare's tax "penalty" mandate are available to a number of Americans. Look below to see if your qualify for an exemption.
Read More About the ObamaCare Mandate
Rubio Opposes Government Funding Bill Unless Obamacare is De-funded
Legislation funding the federal government for the next several months wouldn't gain support from Sen. Marco Rubio unless the bill de-funds President Barack Obama's sweeping health care law, the Florida Republican said on Thursday.
ObamaCare News February 2013
The Truth on the New CBO Report: 7 Million Employees Losing Employer Based Health Insurance in 2022. Up from 4 Million in April Report.
President Obama's health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.
CBO said that this year's tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they'll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.
These numbers represent employees who move off of employer based health insurance and into the exchange or private insurance by 2022, since employees get credits to use the exchanges this doesn't represent a lack of health coverage, just employee based health coverage. These employers risk a higher turnover and lower moral due among other caveats such as additional costs to them for the penalties. It remains to be seen how this affects cost and the number of uninsured in general.
Penalty for employee who doesn't use the exchange is $2,000 while the penalty for those who do is $3,000. Keep in mind Employers only have to pay 50% of their employees health insurance costs.
IRS Average Family $20,000 for Insurance
IRS Estimates the Average Family Will Pay no Less than $20k for ObamaCare!!!!!!!!!!!!!!!..... Is a misleading lie that is being misquoted by the Media.
TRUTH: IRS Estimates the Average Family (of 5, making over $120k) is Estimated Pay an average of $20k in 2016 for basic Insurance on the insurance exchanges.
IRS ObamaCare Statement Explained
ObamaCare News January 2013
The ObamaCare "Glitch"
ObamaCare was supposed to offer financial support to employees who couldn't afford moderately priced employer-based insurance. However, due to wording left out of the bill by congress, missed by the white house and a failure on the IRS to rectify the issue, thousands of employees and their families may find themselves without health insurance and paying the penalty for not having it. ObamaCare Glitch
Life Time Limits Loophole for Students
ObamaCare lifts lifetime limits on insurance plans. However Some Students are finding themselves exempt from this protection do to a loophole.
The law states that self-funded plans don't have to adhere to the lifetime limits provision allowing some Universities to get around the law. This oversight (?) means around 300 thousand of Students get their insurance from these plans. Unless Universities lift the limits willingly students will continue to face lifetime limits.
Hobby Lobby and ObamaCare
Hobby Lobby Faces $1.3 million a day in fines from the IRS for standing up against ObamaCare. Get the inside scoop on Hobby Lobby and ObamaCare
Rick Scott (Slightly) Overestimates the Cost of Florida's Medicaid Expansion... By $21 Billion
Gov. Rick Scott said that the $25.8 billion price tag on Medicaid Expansion was too much for Florida to pay. While that may be true, the actual cost of Medicaid Expansion is estimated at $5 billion (that's the high end, other groups argue it's closer to $2.7 billion). Read More on Rick Scott and Florida's Medicaid Expansion
Michele Bachmann Introduces the 34th Repeal ObamaCare Bill, Adding to the $48 Million Dollar Cost of Attempting to Repeal the Bill
Should Congress Keep Trying to Repeal ObamaCare or Should Just Accept ObamaCare is "the Law of the Land"?
Michele Bachmann (R-MN) introduced a new "Repeal ObamaCare" bill on the first day of the 113th Congress. This marks the 34th attempt to repeal the Affordable Care Act.
As of July the 33 previous tries to repeal Obamacare took up a total of 80 hours in Congress, the equivalent to two full work weeks. Costing a total of $48 million.
Domino's Pizza Founder Wins a Temporary Ruling on Contraception Coverage
The Domino's Pizza Founder Thomas Monaghan won a temporary court victory after suing the Federal Government over the ObamaCare mandate requiring most employers to provide a range of contraception and reproductive health services or risk fines. Read More on Domino's Ruling on Contraception
ObamaCare News December 2012
Democratic Senators Call For Delay on ObamaCare Medical Device Excise Tax
18 Democratic Senators have joined Republicans on calling for a delay of the ObamaCare Medical Device excise tax of 2.3%. The Medical device excise tax is set to into effect on January 1st, 2013. Read More on the ObamaCare Medical Device Excise Tax Delay
$63 ObamaCare Fee on Insurance Plans to Cover Pre-existing Conditions
A $63 dollar fee on insurance plans to Cover the Cost of High-Risk Pre-existing Conditions Pools 2014 - 2016
From 2014 to 2016 up to 190 million Americans will pay a temporary fee of $63 for three years starting in 2014 (the price decreases each year, (roughly $40 in 2015, $28 in 2016). Read More on the ObamaCare Fee
States Rejecting ObamaCare Exchanges and Medicaid Expansion Costs Taxpayers, Leaves Millions Uninsured
There is a big effort going on to "break" ObamaCare. This includes a CATO backed plan to have states opt-out of setting up an exchange or expanding Medicaid. This ups the cost of insurance purchased through federal exchanges and hurts states that do run exchanges. Read More on States Rejecting ObamaCare Exchanges
Past ObamaCare News Updates on Events for 2012
Paul Ryan ObamaCare
Biden Ryan Obama Care Debate
Check Back Soon for more ObamaCare News and updates.