HHS: Hospitals Saved Billions Under ObamaCare

A massive expansion of insurance programs like Medicaid and a drop in emergency room visits saved hospitals at least $7.4 billion over the last year, the Obama administration announced Monday. With millions more people covered under ObamaCare last year, hospitals faced fewer bills from patients who lacked insurance and were unable to pay. Hospitals also ...

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Half of U.S. Households Eligible for a Tax Subsidy Under the Health Law Would Owe a Repayment, While 45 Percent...

Half of U.S. households eligible for a 2014 tax subsidy under the Affordable Care Act would owe a repayment to the government, while 45 percent would receive a refund, according to estimates from a new analysis by the Kaiser Family Foundation. The analysis – which is a simulation based on historical patterns of income volatility ...

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Unions, Retirees Blast Jerry Brown’s Sate Worker Medical Plan

Unions lined up Wednesday to oppose Gov. Jerry Brown’s proposal to offer high-deductible medical coverage to state employees, suggesting it could hurt workers’ health instead of improving it. “We think that high-deductible plans are a very bad thing,” SEIU Local 1000 President Yvonne Walker said during a Senate subcommittee hearing into Brown’s plan. Meanwhile, state ...

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Uninsured Drop by 11M Since Passage of Obama’s Law

The number of uninsured U.S. residents fell by more than 11 million since President Barack Obama signed the health care overhaul five years ago, according to a pair of reports Tuesday from the federal Centers for Disease Control and Prevention. Although that still would leave about 37 million people uninsured, it’s the lowest level measured ...

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3 Stocks Benefiting From Jaw-Dropping Growth in Specialty Drug Spending

Express Scripts‘ (NASDAQ: ESRX  ) data crunchers have released their report on drug-spending trends over the past year, and the results are nothing if not jaw-dropping. According to the pharmacy benefit manager, Americans spent 30.9% more on specialty drug prescription medicine in 2014 than they did a year ago. Among the drug developers benefiting most from ...

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Health Law Brings No Drop In Insurance Enrollment At Work

There has been much hand wringing over the health law requirement that large employers this year offer insurance to workers who put in 30 or more hours a week or face penalties for not doing so. The new rules would cost employers a bundle, some fretted, as part-timers clamored for company coverage previously unavailable to ...

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