Federal judge’s ruling calls Affordable Care Act unconstitutional

Affordable Care Act Ruling - Judge - Court - gavel

Though former president Obama is unconcerned about Obamacare’s future, it may harm the GOP. A federal judge in Texas has ruled that the Affordable Care Act, also known as Obamacare, is unconstitutional. The impact of this decision about the health care reform has been a substantial one for Republicans. The Republican-appointed judge hasn’t had much of an immediate practical impact on the Affordable Care Act. Obamacare continues to be in effect as the legal battle will progress forward. It may eventually end up heading to the Supreme Court. That said,…

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Medicare expansion through single payer health care gets support of 15 senators

bernie sanders health insurance medicare expansion

While Democrats lean toward Sanders’s single payer system, Republicans oppose the measure. Fifteen Democratic senators have shown their interest in a single payer health-care system through widespread Medicare expansion. This represents a considerable shift among Democrats, who have previously seen this type of strategy as politically perilous. Until now, most lawmakers have avoided this type of concept like the plague, but this seems to have changed. Senate Democrats have co-sponsored a measure Senator Bernie Sanders (VT – Independent) proposed yesterday. It was created for broad Medicare expansion in order to…

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Children’s Health Insurance Program funding slashed in Trump budget

Children’s Health Insurance Program

While that program is hacked down by 20 percent, millions more kids will be affected with the Medicaid reductions. President Donald Trump’s budget plans will take down the Children’s Health Insurance Program funds by at least a fifth of its current size within two years. At the same time, Medicaid, a program that covers millions of other kids, will also be axed down in size. Millions of families may watch their health plans disappear if the president’s proposed budget passes. The budget, entitled “A New Foundation for American Greatness,” would…

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Veterans health insurance may be dropped by 600,000 in 2017

veterans health insurance

More than half a million vets could find themselves without coverage, say researchers. New research from the (left-leaning) Urban Institute has said 600,000 veterans health insurance policies may cease next year. The reason, said the report, is that in 19 states, Medicaid is not expanding enough to cover the vets. Even with the Medicaid expansion that has already occurred, there continue to be hundreds of thousands of uninsured. The Urban Institute has cautioned that unless the 19 states that have continued to withhold the expansion broaden their programs, there will…

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Health insurance coverage is growing, says Census Bureau

Covered California exchange health insurance coverage

A new report has just been released and has showed that there continue to be fewer uninsured Americans. The Census Bureau has now released its Health Insurance Coverage in the United States for 2015 report. It revealed that last year saw greater progress in reducing the number of people who are uninsured. This maintained a trend that was recorded the year before when there was a considerable plummet in the number of people without a health plan. Last year, the rate of uninsured people fell to 9.1 percent after having…

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The high cost of long term care is rarely planned for

senior medicare cost of long term care insurance

While planning for retirement, few people plan for the potential need for nursing home care. The cost of long term care has become one of the largest expenses faced during retirement. At the same time, only a small minority of people actually plan for this eventual need. By the time a person reaches the age of 65, their chances of needing a nursing home at some point are about 50-50 at the moment. These types of annual cost are very high and most people haven’t factored it into their savings.…

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Taxpayers to commit $660 billion for health insurance subsidies in the US

Health Insurance Expense

Subsidies to help cover the cost of coverage for those over the age of 65 are growing This year, taxpayers in the United States will commit more than $660 billion to help subsidize health insurance coverage for those over the age of 65, according to the. The federal agency has released one of its most comprehensive reports concerning the cost of subsidized insurance coverage, highlighting the potential these subsidies have to reduce the national deficit. According to the report, the 2016 tax bill accounts for 3.6% of the country’s gross…

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