Enrollees in Arkansas’s Medicaid expansion program under Obamacare have skyrocketed in recent months to over 300,000, according to a recent report in Talk Business. That news follows recent announcements by the state that health insurance premiums will be rising significantly in 2017, with possible larger rate increases to come in 2018. When Congressman Bruce Westerman … [Read more...]
Insurance Chief: “Larger Rate” Increase Could Happen In 2018
The Arkansas Insurance Department recently shaved down some rate increase requests by health insurance companies in Arkansas, but that doesn’t mean bigger rate increases won’t be happening in the near future. According to an Arkansas Insurance Department (AID) spokesman, Blue Cross Blue Shield’s increase request was reduced to 9.7 percent, QualChoice’s was reduced to 13.5 … [Read more...]
Westerman: Obamacare “Imploding on Itself”
Rep. Bruce Westerman told The Arkansas Project Monday that the recent news of likely health insurance rate increases in Arkansas and other states next year is a result of Obamacare “imploding on itself.” Westerman said: From what I’m seeing at the federal level with the whole Affordable Care Act (ACA) is that it’s imploding on itself. We’re not just seeing increased rates … [Read more...]
DNC Platform Calls For Making Obamacare Even More Expensive
If your idea of a good time is watching adult Bernie Sanders supporters weep or getting lectured on public policy by Sarah Silverman, the Democratic National Committee (DNC) convention in Philadelphia is the place to be this week. The DNC just finalized their party platform late last week. One change called for making Obamacare Medicaid expansion waivers more … [Read more...]
Report: Medicaid Expansion Costs Continue…Expanding
The Department of Human Services recently released a new report explaining that Medicaid expansion enrollee costs are far higher than expected. In other predictable news today, the sky is blue. From Forbes: The Department of Health and Human Services’ (HHS) annual report on Medicaid’s finances contains a stunning update: the average cost of the Affordable Care Act’s … [Read more...]
