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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
Today officially marks the one-month anniversary of the live launch of Obamacare's state and federally run health exchanges, and to say the least it's been difficult at times to separate Obamacare ...
About one in four people have pre-existing conditions that made it difficult for them to get health insurance prior to President Obama's health care law. About one in four people have pre-existing ...
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 ...
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.
One of the biggest challenges facing the country right now is getting skyrocketing medical costs under control. The hope of proponents of the health care reform law that the Supreme Court upheld ...