President-elect Donald Trump said in a weekend interview that he is nearing completion of a plan to replace President Barack Obama’s signature health-care law with the goal of “insurance for everybody,” while also vowing to force drug companies to negotiate directly with the government on prices in Medicare and Medicaid.
Eighteen million people could lose their insurance within a year and individual insurance premiums would shoot upward if Congress repealed major provisions of the Affordable Care Act while leaving other parts in place, the nonpartisan Congressional Budget Office said on Tuesday. A report by the office sharply increases pressure on Republicans to come up with a comprehensive plan to replace the health care law. It is likely to doom the idea of voting to dismantle the 2010 health law almost immediately, with an effective date set sometime in the future while Congress works toward a replacement.
The Word & Brown Companies announced the sale of HealthCompare, Quotit, and a book of Medicare and Individual and Family Plan (IFP) focused business to National General Holdings Corp. (Nasdaq:NGHC). The sale does not affect small group, large group, or IFP business through the Word & Brown General Agency.
About 6.5 million Americans paid an average penalty of $470 for not having health insurance in 2015 — 20 percent fewer than the year before, according to data released Tuesday by the IRS.
Congress may be moving to repeal "Obamacare," but millions of people are still signing up. The administration said Tuesday that 11.5 million enrolled nationwide through Dec. 24, ahead of last year's pace.
Nearly 10,000 Covered California policy holders have lost their federal tax credits — at least temporarily — due to a bookkeeping error by the state health insurance exchange.