Tag: Obama

California health care reform moves on

Marc
California health care reform

Obama victory adds momentum to California heatlh care reform efforts President Obama has won a second term, and this may be good news for California lawmakers who are eager to institute the next phase of their California health care reform plans. California is one of several states that has been making quick and decisive progress on complying with the Affordable Care Act. The state was the first in the country to pass laws concerning the establishment of its own health insurance exchange, and now lawmakers are looking to take advantage…

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Supreme Court may be unclear on how the health insurance mandate fits into the Affordable Care Act

S.Vagus
Health insurance care reform confusion debate

The fate of the health insurance Affordable Care Act is currently in the hands of the U.S. Supreme Court. The Court heard arguments concerning the constitutionality of the law last month, during which Justices raised serious concerns about the law’s provisions. The health insurance mandate of the law hit a chord with some of the judges and has been a point of contention for most of this month. The concerns of Justices may be due to a fundamental misunderstanding of the provision. This misunderstanding could put the Affordable Care Act…

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Day two of Affordable Care Act hearing in Supreme Court focuses on controversial insurance mandate

S.Vagus

The Supreme Court began its second day of hearing the case against the controversial Affordable Care Act on Tuesday this week. The focus of day two was centered on whether Congress could require Americans to purchase health insurance. The Obama administration’s top lawyers were ready to defend the insurance mandate imposed by the health care law, but conservative Justices of the Court were quick to issue their concerns regarding the matter. This could signal some serious problems for the future of the Affordable Care Act. Only three minutes into the…

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Affordable Care Act making progress in getting insurance coverage to people with pre-existing conditions

Nordstrom

The Obama administration is claiming that the Affordable Care Act had reached a milestone last week. According to Kathleen Sebelius, Secretary of the Department of Health and Human Services, that nearly 50,000 people with pre-existing medical conditions have received health insurance through programs that were set up by the federal law. While this may be a significant accomplishment, many of the law’s critics claim that 50,000 is just a drop in the bucket, considering more than 25 million people with pre-existing conditions still do not have insurance of any kind.…

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Australia gives Obama the unique gift of crocodile attack insurance

Julie Campbell

President Obama’s visit to Australia’s Northern Territory involved the receipt of a unique gift, as the American head of state was given an insurance policy against an attack by a crocodile. The Northern Territory’s chief minister, Paul Henderson, announced that the American president would receive a government insurance policy that would pay up to $50,000 (AUD) should he be the victim of a crocodile attack. Henderson stated that the president would be receiving total coverage against the unlikely event that there should be a crocodile attack during his stay in…

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Hurricane Irene Expected to Make Landfall in North Carolina before Tracking on to

Guest Author

BOSTON, Aug. 26, 2011 – According to catastrophe modeling firm AIR Worldwide, parts of the southeastern United States were already experiencing dangerous swells and rip tides yesterday as Hurricane Irene exited the Bahamas. Presently, ahead of Hurricane Irene’s forecasted arrival in North Carolina tomorrow, high waves and storm surge are beginning to impact the state’s Outer Banks. As of the National Hurricane Center’s (NHC) 11:00 am advisory, Irene-now a Category 2 storm (down from Category 3 status yesterday)-is 330 miles south-southwest of Cape Hatteras, North Carolina, tracking north at 14…

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Insurers lobby for segregation from the international banking system, turn to Obama for aid

The U.S. government is being asked to support a new measure before the U.N. that would separate banks and insurance companies from the Financial Stability Board’s efforts to overhaul the international banking system. Several insurance company trade groups have been partitioning President Obama to join other G20 leaders in these efforts, hoping that the added support will affect the measure toward their goals. Insurers are concerned with this issue because one set of regulations is being used to govern both banking institutions and insurance companies. Given the recent failings of…

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