SUNNYVALE, Calif., April 18, 2013: IRS Health Insurance Penalty Will Not Motivate Consumers To Buy Insurance | PRNewswire | Rock Hill Herald Online.
Wow, I’m stunned /SARC OFF.
“From this new poll we now know that the penalty alone will not drive a large number of consumers to purchase a new health plan starting this October,” said Bruce Telkamp, CEO of HealthPocket. “Therefore, the law will be most effective if consumers see real value in obtaining the insurance coverage. Only insurers that offer high quality and affordable health plans should expect to see significant new enrollments this fall.”
The poll also found that the $95 tax penalty is as ineffective to compel younger respondents to buy health insurance as it was for survey respondents as a whole—61 percent for 18 to 24-year-olds and 55 percent for 25 to 34-year-olds. If younger, healthier populations choose to face the penalty and don’t enter the insurance pool, insurance premiums for the entire market could rise due to the higher costs of coverage for the older and less healthy enrollees who remain in the pool.
So the solution is either MORE Subsidies or “Make it Free”, i.e. Single Payer.
PJ Media » Is the Small Business Administration Going to Help Small Businesses Get Out from Under Obamacare?.
“Right now, if you are a small business and you want to provide healthcare, you can barely get a quote,” she said. “Now, if you have an affordable health care marketplace which will exist in every state by next fall, there will be enrollment and by next January small businesses will have the opportunity — not the requirement but the opportunity — to participate and buy healthcare on those exchanges.”
The response did little to appease Risch, who argued that rather than affordable healthcare the top priority among businesses “is staying in business.” Many are facing difficulties doing so “because they can’t compete when the government tells them they’ve got to spend money on something they don’t want to spend money on or they want to spend money the way they want to spend it not the way Washington, D.C., and the people who work here tell them they have to do business.”
Gesturing behind him toward a stack of documents about seven feet high – a “red tape tape” Senate Minority Leader Mitch McConnell (R-Ky.) has been using to represent the regulations to implement the Affordable Care Act – Risch said businesses “are trying to get out from under this.”
“They’re trying to get away from it,” Risch said. “They’re trying to get around it. They’re not embracing this. You don’t see anyone coming up hugging this stack of documents saying, ‘look this is what I want to do.’ They want to get away from this.” (emphasis added both instances – Ed)
Indeed. Perhaps once they have it shoved down their throats they will decide it doesn’t taste so bad.
Good news: Health Insurers Must Cover Polyp Removal for Preventative Colonoscopies No more out-of-pocket surprises for patients undergoing this lifesaving procedure.
This PPACA provision originally was interpreted by certain health benefits payors to apply only if the colorectal cancer screening colonoscopy found no polyps requiring removal. In cases where a polyp was found and removed, the procedure then became a polypectomy and some payors applied the full range of copays and deductibles. Colorectal cancer screening advocates, including PCC, have worked tirelessly since PPACA’s induction urging federal regulatory personnel for a more reasonable and patient-friendly interpretation of this provision and this recent announcement reflects their efforts.
This train of thought was certain to end badly for the insurance companies and that’s turned out to be the case.
Most individual health insurance isn’t good enough for Obamacare – CNN.
Most individual plans sold next year, even the lowest-level “bronze” plans, are likely to charge higher premiums than today’s most bare-bones individual insurance. For many customers, though, those costs will be offset by lower out-of-pocket costs and more comprehensive coverage, said Karen Pollitz, a senior fellow at the Kaiser Family Foundation.
This is a very good article that touches on many of the issues regarding individual heatlh coverage and essential benefits.