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Mar 12, 2014

Sebelius says no Obamacare mandate delay, enrollment extension

WASHINGTON (Reuters) – There will be no delay in the penalty most Americans face under President Barack Obama’s healthcare reform law if they fail to obtain health coverage this year, U.S. Health and Human Services Secretary Kathleen Sebelius said on Wednesday.

Sebelius also said there would be no postponement of this month’s deadline for enrolling in coverage through new private health insurance marketplaces or the Medicaid program for the poor.

Mar 11, 2014

Obamacare enrollment in private coverage rises to 4.2 million people

WASHINGTON (Reuters) – The Obama administration said on Tuesday that 4.2 million people have signed up for private health insurance under Obamacare, and indicated that total enrollment could surpass a 6 million-enrollee forecast by the end of March.

New enrollment data for a five-month period from October 1 through March 1 came out as the administration threw its public relations campaign into overdrive, with President Barack Obama appearing for an interview on the comedy website, “Funny or Die,” in a direct appeal to the site’s audience of young adults.

Mar 10, 2014

US administration pulls back on Medicare drug benefit proposals

WASHINGTON (Reuters) – The Obama administration, in an abrupt about-face, said on Monday it would drop proposed changes to Medicare drug coverage that met wide opposition on grounds they would harm health benefits for the elderly and disabled.

Late last week, more than 370 organizations representing insurers, drug makers, pharmacies, health providers and patients urged the Centers for Medicare and Medicaid Services (CMS) to withdraw changes it had proposed for Medicare Part D.

Mar 8, 2014

Republicans press Medicare attack in congressional elections

WASHINGTON (Reuters) – Republicans, looking for ways to turn November’s congressional elections into a referendum on President Barack Obama’s signature healthcare law, are trying to portray Obamacare as a danger to Medicare.

The aim is to court one of the biggest and most reliable voting blocs in midterm elections, senior citizens and people near retirement, by depicting Republicans as defenders of the federal healthcare program for 42 million seniors.

Mar 5, 2014

Health plans that don’t meet Obamacare rules can renew for two more years

WASHINGTON (Reuters) – The Obama administration on Wednesday said it would allow health insurers to extend plans that fail to comply with its signature health law for an additional two years, a move Republicans quickly condemned as a politically motivated delay.

In a release of new guidelines to insurers and employers for 2015, the administration said it would now allow renewal of noncompliant health plans that begin as late as October 1, 2016. Officials said they believe the change would affect 500,000 to 1.5 million people who hold “transitional policies” that lack consumer protections enshrined in the law known as Obamacare.

Mar 5, 2014

U.S. health plans that don’t meet Obamacare rules can renew for two more years

WASHINGTON, March 5 (Reuters) – The Obama administration on
Wednesday said it would allow health insurers to extend plans
that fail to comply with its signature health law for an
additional two years, a move Republicans quickly condemned as a
politically motivated delay.

In a release of new guidelines to insurers and employers for
2015, the administration said it would now allow renewal of
noncompliant health plans that begin as late as Oct. 1, 2016.
Officials said they believe the change would affect 500,000 to
1.5 million people who hold “transitional policies” that lack
consumer protections enshrined in the law known as Obamacare.

Mar 5, 2014

U.S. House votes to delay Obamacare penalty for non-enrollment

WASHINGTON, March 5 (Reuters) – The Republican-led U.S.
House of Representatives voted on Wednesday to delay for one
year the tax penalty Americans will pay under President Barack
Obama’s healthcare law if they decline to enroll in health
coverage.

The vote, part of a Republican election-year attack strategy
against the 2010 healthcare law known as Obamacare, marked the
50th time House Republicans had passed legislation to try to
repeal or dismantle it.

Mar 5, 2014

U.S. House votes to delay Obamacare’s individual mandate

WASHINGTON (Reuters) – The Republican-led U.S. House of Representatives voted on Wednesday to delay for one year the tax penalty Americans will pay under President Barack Obama’s healthcare law if they decline to enroll in health coverage for this year.

The measure passed by a vote of 250-160, with 27 Democrats joining with 223 Republicans to back the legislation. But the bill is expected to go nowhere in the Democratic-controlled Senate and would face a White House veto even if it succeeded.

Mar 5, 2014

White House readies health insurance renewal extension: sources

WASHINGTON (Reuters) – The Obama administration will allow consumers to extend health insurance plans that fail to comply with President Barack Obama’s healthcare law beyond 2014, according to three people familiar with the matter.

In a move that could help Democrats avoid a repeat of last autumn’s public outcry over canceled health policies, administration officials are expected to announce the change within the next few days, according to the sources.

Mar 4, 2014

Obama budget sets Medicare savings, hospitals seek reprieve

WASHINGTON (Reuters) – President Barack Obama’s budget plan for 2015 would save $402 billion from the Medicare and Medicaid government healthcare programs for the elderly and poor over the next 10 years, primarily due to reduced reimbursement to healthcare providers and drugmakers.

A White House budget proposal for the fiscal year beginning October 1, released on Tuesday, would save more than $350 billion by pursuing a familiar menu of options that range from increased drug rebates to more efficient post-acute care, reduced hospital admissions and new means testing for Medicare.

    • About David

      "David Morgan has covered news from Wall Street and Fleet Street to the White House, the Pentagon and Congress, including politics, macroeconomics, military affairs, corporate finance, U.S. intelligence, national security and the international markets. He has also reported from Atlanta on the rise of American conservatism, civil rights, homegrown terrorism and the Olympics, and helped chronicle the Sept. 11 attacks and their aftermath from Philadelphia, New York and Washington."
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