The new federal spending bill, dubbed the “CRomnibus,” codifies that the ACA payments to insurers are budget-neutral, as the revenue to fund them will come from fees already assessed on health-insurance plans. This is not the blank check that insurers were hoping for.
It might be rare to heap praise on Illinois’ state lawmakers, but their decision not to move forward on a state-funded exchange deserves recognition.
“It just seemed wrong to me, that you would deny a woman, or a person of color, or someone from downstate, a seat on this governing board, just based on who they happen to be, as opposed to their merit and their talent.”
Legislation being advanced by state Rep. Robyn Gabel, D-Chicago, would attempt to cover costs by charging a fee on every health-insurance plan sold through the state-funded health insurance exchange. This funding mechanism is likely to be insufficient. In fact, the new state tax on insurance plans may need to be three times the amount currently under consideration to truly cover administrative costs.
There is a silver lining should the Supreme Court rule against the ACA: Illinoisans would no longer be subject to an estimated $6.5 billion in IRS penalties.
Despite Illinois’ precarious financial situation, some lawmakers are continuing their efforts to establish an expensive state-based ObamaCare exchange.
A new Illinois Policy Institute report lays out the many reasons why a state-based exchange is not only unnecessary, but also harmful to the state.
Si la administración del presidente Obama quiere proporcionar la cobertura de cuidado de salud a los latinos, tiene que hacer cambios significativos.
If the Obama administration wants to provide health-care coverage to Latinos, it needs to make significant changes.
In order to meet its original enrollment goal of 692,000 enrollments for 2015, Illinois would need to more than double its previous enrollment during the upcoming open enrollment period, thus tripling total enrollment.
Not only is a state-based ObamaCare exchange not required by federal law, but it also contains many drawbacks for Illinois consumers and taxpayers.
If this Supreme Court strikes down the IRS subsidies in states without a state-based health-insurance exchange, Illinois employers and employees would see much-needed relief.
A Supreme Court ruling striking down the IRS subsidies in all 50 states would provide an important opportunity for reform.
The McHenry County Board recently took a brave stance by voting to reject “free” money for Affordable Care Act enrollment, but it’s unclear whether the board’s decision will stand. At issue is almost $585,000 in grant money that is being doled out by the state (but originated with the federal government) to the McHenry County...