The Obama administration had very specific goals it said must be met for the healthcare law to succeed - 7 million enrollees, with at least 40% being young and healthy. Failing to hit those targets by more than even a small margin will trigger a series of problems that could jeopardize the law.
What Is Obamacare
The Affordable Care Act may come with a host of new benefits and protections, but it also comes with a slew of new taxes, fees and fines to pay for them. But while many of the law's benefits have been in effect for a year or more, these new Obamacare taxes only became effective as of Jan. 1.
"Too many people tried to sign up." "We didn't have enough time." Such are the excuses coming from the Obama administration as they try to explain the disastrous launch of the healthcare exchange websites. But the failure of the websites was inevitable. In decision after decision,
After three years and more than $400 million, it's obvious the technology underpinning Obamacare was woefully inadequate. But even if the government manages to fix the initial problems by late November, as it's promising now, that won't end the website's troubles.
Now that Obamacare is officially up and running (well, sort of), a lot of Americans are anxious to know how well - or how badly - things are going. Here's the latest word on five key aspects of the new health care law...
It's no longer just conservatives who object to the president's controversial health care law. A new poll indicates that two core Democratic groups who once supported Obamacare are now turning against it. Here's what changed their minds...
There are a lot of important Obamacare facts and numbers you can't afford to ignore.
Let's start with the enormity of U.S. President Barack Obama's signature healthcare bill. To date, some 2,572 pages of regulations have been written (more are expected).
More familiar numbers tied to Obamacare include 50 - the headcount at which companies must provide insurance or pay a fine ($2,000).
Now consumers have less than one month until the next round of Obamacare regulations kick in Oct. 1, with open enrollment in the online Health Insurance Marketplace (formerly called exchanges).
When looking into the facts and full impact of Obamacare, here are 15 of the most important numbers you need to know:
An unforeseen benefit of our new health care law - aka Obamacare - is that it has created hundreds of high-paying jobs. Unfortunately, the lucky few who scored these jobs weren't the unemployed. You'll see red when you find out who they are...
While there are plenty of opinions about healthcare in the US, they all divide on one line: Is healthcare a right or is it a good?
Today, two of our writers square off on this issue. Please leave your thoughts about this topic after reading their stands.
The real Obamacare facts keep emerging as we get closer to the implementation of this law. Check out the seven scariest facts yet. Read more...
As a result, critics say, employers have increasingly cut worker hours to stay within the limit.
Fox Business' Stuart Varney noted Monday the latest jobs report showed 278,000 people were pushed involuntarily into part-time work when they wanted full-time work.
"In large part, that's because Obamacare's coming down the pike," Varney said.
The squeeze isn't happening only in the United States.
In Japan, employers have been limiting workers' hours to avoid paying health insurance for them for decades, Money Morning Chief Investment Strategist Keith Fitz-Gerald said on Fox Business' "Varney & Co."
Check out this video to hear Keith's take on the Obamacare provision and how it will affect American employees.
Since the U.S. Supreme Court is scheduled to announce its Obamacare ruling tomorrow, we wanted to share with you this Q&A session with Keith on what you need to know about the decision.
Keith also shared what he thinks of Facebook stock as the market is flooded with analyst opinions from the underwriting firms.
You can see all of Keith's analysis in the video below.
Q, from "Varney & Co." host Stuart Varney: The Obamacare ruling is imminent. Will insurance companies tank if it's repealed, and how would you trade that?
A, Keith Fitz-Gerald: I can see this going two ways...
1)If it's upheld, insurance companies will make bank, but businesses offering services to small and mid-cap companies that are likely to be hamstrung are going to do better. That includes Paychex Inc. (Nasdaq: PAYX) or Express Scripts (Nasdaq: ESRX), for instance. Both will help small companies spend their healthcare dollars more efficiently.
2)If struck down, big insurance companies will have to retool and restructure as they are the ones that hold the biggest stake in this debate. It's a little late to make that bet today, but when the ruling is announced we'll have some clarity and can make a decision then.
Three days of arguments before the Supreme Court have made it abundantly clear - "Obamacare" is in danger of being gutted or completely wiped off the books.
Only one thing's for sure. Investors will want to keep buying healthcare stocks -especially as 10,000 baby boomers a day turn 65 years old for the next 20 years.
But there's one segment of the healthcare sector that will be sitting in the driver's seat when it comes to delivering healthy profits and investment returns - no matter how the court rules.
Here's what you need to know...
Three fast-paced days was all it took for nine justices to grill advocates arguing for and against the Affordable Care Act - better known as Obamacare.
A decision is expected in late June, just months before 2012 presidential elections.
Although it is notoriously difficult to predict U.S. Supreme Court decisions purely based on their questioning, here are my takeaways from these momentous three days.
Whether they are about Obamacare or taxes, political lies are a special kind of deception.
Rarely are they blatantly false. Political lies rely on misrepresentation of facts and convenient omissions that make their target look better - or worse - than it really is.
So convincing are today's politicians and their minions it's not even clear they always realize when they're bending facts past the breaking point.
"The problem is we never know whether they believe what they're saying or not," Brendan Nyhan, a Dartmouth political scientist and author ofAll the President's Spin, told USA Today.
At least three fact-checking organizations - the Annenberg Public Policy Center's FactCheck.org, the Washington Post's Fact Checker column and the Tampa Bay Times' PolitiFact - do their best to point out the almost daily deceptions.
But politicians know that few citizens ever visit such Websites. And that's what politicians and their surrogates are counting on.
"I don't think [the fact checkers] make a whit's worth of difference," Rick Tyler, a senior adviser to Winning Our Future, a super PAC that supports Newt Gingrich, told USA Today. "Millions more people will see [our] ad than will ever see the political fact check."
That doesn't deter the fact checkers, however. The constant stream of political lies has been keeping them very busy lately.
Here are five issues that have been particularly prone to political lies over the past several months. You'll probably hear variations of these all the way through the 2012 election.