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One of the causes of insurer losses is the lower income, older and sicker enrollee population. One 2016 analysis reported that while 81% of the population with incomes from 100 to 150% of the federal poverty level signed up, only 45% of those from 150 to 200% did so. The percentage continued to decline as income rose: 2% of those above 400% ...
This has been called a "death spiral". [384] In the years after 2013, many insurers did leave specific marketplaces, claiming the risk pools were too small. The median number of insurers per state was 4.0 in 2014, 5.0 in 2015, 4.0 in 2016 and 3.0 in 2017. Five states had one insurer in 2017, 13 had two, 11 had three; the remainder had four or ...
New 10-year costs (billions) [16] $1,052 $848 Projected 10-year change in deficit (billions) [16]-$109 -$132 New costs minus new savings and revenue Number uninsured by 2019 (millions) [16] 17 23 54 without bill Public option [16] Yes No Insurance exchanges [16] Yes Yes H: National exchange; S: State-based exchanges Individual mandate [16] Yes Yes
Obamacare. Is. Coming. Well, OK, many parts of the Patient Protection and Affordable Care Act, commonly referred to as Obamacare, have already been implemented. But some of the most far-reaching ...
With the Patient Protection and Affordable Care Act's state- and federally run health insurance exchanges set to open in less than 24 hours, the number of predictions as to whether this law ...
Americans wanting to buy insurance through the HealthCare.gov website can do so through just before midnight on Christmas Eve and Obamacare Delayed (Again): 1 Day Longer and 2.3 Million People ...
President Barack Obama signed the Affordable Care Act (ACA) into law on March 23, 2010, in the East Room before a select audience of nearly 300 people. He stated that the health reform effort, designed after a long and acrimonious debate facing fierce opposition in the Congress to expand health insurance coverage, was based on "the core principle that everybody should have some basic security ...
Gallup estimated in July 2014 that the uninsured rate for adults (persons 18 years of age and over) was 13.4% as of Q2 2014, down from 18.0% in Q3 2013 when the health insurance exchanges created under the Patient Protection and Affordable Care Act (PPACA or "Obamacare") first opened. The uninsured rate fell across nearly all demographic groups.