Americans

Clock is running out on ObamaCare enrollments: Illinois update

By Naomi Lopez Bauman
03/11/2014
Only one month remains in the ObamaCare open enrollment period for this year. Even though the Obama administration is pulling out all the stops, Illinois is less than half-way to its goal of nearly 237,000 enrollees for 2014. March 31 is the deadline to obtain qualified health-insurance coverage or face a penalty under ObamaCare. Despite...

TAGS: enrollment

ObamaCare: A bailout by any other name is still cronyism

By Naomi Lopez Bauman
01/24/2014
The enrollment failure of ObamaCare is well documented – so much so that it has become the nation’s late-night talk show punch line. In fact, Moody’s changed the outlook for U.S. health insurers to negative from stable, as implementation of ObamaCare continues to create uncertainty for the industry. The sad reality is that millions of...

TAGS: cronyism, health insurance

ObamaCare’s bailout for health insurance companies

By Naomi Lopez Bauman
01/22/2014
A little-known, but important, provision in the Affordable Care Act, or ACA, is coming under increased scrutiny. The ACA, commonly known as ObamaCare, includes provisions to pay insurers for their financial losses in the ObamaCare exchanges. Known as “risk-corridor payments,” health insurance companies could receive up to 80 percent of the money they lose in...

TAGS: ACA: Affordable Care Act

Unemployment rate falls to 6.7% in December on Americans leaving the work force

By Michael Lucci
01/10/2014
The national unemployment rate declined to 6.7 percent in December, down from 7 percent a month earlier, according to the latest report from the U.S. Bureau of Labor Statistics. Payroll jobs increased a paltry 74,000, below consensus estimates of 200,000. November payroll gains were revised up from 203,000 to 241,000. Despite the huge miss in...

TAGS: jobs, unemployment

If you like your crummy health insurance plan, you can’t keep it — but now you can buy ours!

By Naomi Lopez Bauman
12/20/2013
To paraphrase political humorist P.J. O’Rourke, “Giving the Obama administration control over one-sixth of the economy is like giving whiskey and car keys to teenage boys.” Last night provided yet another example of ObamaCare rollout chaos. The Obama administration announced that people who had their plans canceled by ObamaCare regulations (because they were inferior plans,...

TAGS: ACA: Affordable Care Act

7,000 Illinoisans enrolled in ObamaCare plans in the first 2 months

By Naomi Lopez Bauman
12/11/2013
Almost 365,000 Americans have “enrolled” in the ObamaCare exchanges, according to the U.S. Department of Health and Human Services. That number is far below the Obama administration’s impending goal of enrolling 3 million people by the end of December and 7 million by the end of March. But the true number of people who have...

TAGS: enrollment

Government union power cracking as support wanes

By Paul Kersey
12/10/2013
While teachers unions hold tremendous power, cracks are starting to appear in their foundations.  As Stephanie Simon reports in Politico, both the National Education Association and the American Federation of Teachers are dealing with new challenges: declining membership, the growing popularity of Right-to-Work laws and a loss of support among the public. As Simon describes...

TAGS: AFT: American Federation of Teachers, lobbying, unions

Pension solutions: reforming retirement age

By Benjamin VanMetre, John Klingner
11/26/2013
THE PROBLEM Illinois’ $100 billion pension crisis is the worst in the nation. The Illinois General Assembly’s failed attempts to solve the pension crisis in the past have only perpetuated Illinois’ problem. Politicians have done nothing more than tinker at the margins of reform to avoid making tough decisions. The reality is minor changes won’t...

40 insurance policies canceled for every ObamaCare enrollee

By Naomi Lopez Bauman
11/18/2013
Five million Americans and counting across the country have already received notices that their health insurance plans in the individual and small group markets are being canceled as a result of ObamaCare. So far, Andrew Boron, Illinois’ insurance commissioner, has not yet revealed how many Illinoisans are facing the same situation, despite calls from both...

TAGS: ACA: Affordable Care Act

Who counts as an ObamaCare enrollee?

By Naomi Lopez Bauman
11/12/2013
The federal government is expected to announce this week how many Illinoisans and Americans across the country have enrolled in the federal health care program known as ObamaCare. But instead of reporting on actual enrollments, media sources are predicting that the Obama administration will, instead, be reporting on the number of people who have put a health plan in their online shopping cart, but...

TAGS: ACA: Affordable Care Act