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Obamacare

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Mark Cuban's Healthcare Fix: We Need a Single-Payer System

By , Money Morning -

Mark Cuban

Dallas Mavericks owner and billionaire politico Mark Cuban just released his own plan to replace Obamacare.

In it, Cuban admitted the costs would be substantial: "We all would end up paying more in taxes, but less in insurance and healthcare costs over time," he wrote.

Here are the specifics of the "Shark Tank" star's healthcare proposal - which he may have drafted in preparation for a 2020 presidential run...

Proposed Obamacare Changes Would Increase Costs, Decrease Coverage

By , Money Morning -

Obamacare

The Center for Medicare and Medicaid Services released its proposed Obamacare changes this morning.

Here's how the agency wants to increase costs and decrease coverage in its attempt to "fix the ACA"...

Will the GOP "Repair Obamacare" and Ditch Its Promise to Repeal?

By , Money Morning -

repair Obamacare

Republican lawmakers are now touting their plans to "repair Obamacare."

Not long ago, their tried and true adage was "repeal and replace Obamacare."

Here's a look at the underlying factors responsible for the Washington GOP's rhetorical shift...

Obamacare Repeal Could Die at the Hands of These GOP Legislators

By , Money Morning -

Obamacare repeal

The Obamacare repeal for which GOP members of Congress have been long waiting may just be dead in the water.

Here are the Republican legislators responsible for halting the ACA's dismantlement process...

Goodbye Obamacare, Hello $29.1 Trillion Deficit

By , Associate Editor, Money Morning -

Obamacare

The Freedom Caucus is taking the first step to cut Obamacare later this month by enacting a new budget.

This new budget will raise the national deficit by $9.7 trillion over the next decade.

And that will bring the total national debt to $29.1 trillion...

The Three Most Controversial (and Expensive) Obamacare Penalties

By , Money Morning -

Obamacare penalties

There are three controversial (and expensive) Obamacare penalties you and your loved ones could find yourselves paying for in the months ahead.

Here's a look at each one...

And at how to get out of paying them as well...

Here’s What Single-Payer Healthcare Would Do to Your Taxes

By , Associate Editor, Money Morning -

single-payer healthcare

With Obamacare falling apart, we could see a single-payer healthcare system in the United States as Obamacare continues to break down. Average Obamacare premiums for 2016 plans rose about 9% from January of last year, according to a report from HHS. And for some states, premium increases for certain plans were as high as 40%.

On the Dem side, the favored alternative is a move to a single-payer healthcare system. Indeed, at a rally on Oct. 4, former U.S. President Bill Clinton called Obamacare "the craziest thing in the world," and seemed to support a single-payer system.

Here's exactly what single-payer healthcare is - and what it would mean for your taxes...

8 Times the Government Was Warned About Obamacare Fraud – and Did Nothing

By , Money Morning -

Watchdogs have reported Obamacare fraud to Uncle Sam eight times - but to no avail.

Here's a look at their warnings and how these unfixed problems cost you...

Obamacare Failures Tear Apart Government-Insurer Partnership

By , Associate Editor, Money Morning • @DavidGZeiler -

With the Department of Justice trying to block two mega-mergers, the health insurance companies have struck back by pulling out of the Obamacare exchanges.

Now Democratic lawmakers are accusing the insurers of using their participation in Obamacare as a bargaining chip to change the DOJ's mind.

But the government is far from innocent here.

The insurers are no saints, but the government is at least as much to blame for this mess...

The Deceptive Way Health Insurance CEOs Are Using Obamacare to Make Millions

By , Money Morning -

Obamacare is reportedly costing health insurance companies millions of dollars in losses, but there's something really strange that's going on.

You see, compensation for health insurance CEOs is actually at an all-time high.

So if these companies are losing money, how are they able to reward these executives so handsomely? Well, Obamacare may not be as bad for health insurance companies as they want you to believe...

Is Obamacare Increasing Painkiller Addiction?

By , Money Morning -

increase prescription drug abuse

Because of an Obamacare policy, more and more doctors are feeling pressured into prescribing habit-forming painkillers to their patients.

In fact, 48% of doctors admitted in a 2014 survey that they felt pressured into prescribing inappropriate pain medications.

With nearly 19,000 deaths caused in 2014 because of prescription pain relievers, you will be truly shocked at how the Affordable Care Act may be contributing to a dangerous epidemic...

How Obamacare Will Gut Muni Bonds (Especially in These 7 States)

By , Global Credit Strategist, Money Morning • @MichaelELewitt -

Obamacare

Obamacare has been an economic and political nightmare.

It's inflicted enormous damage on the American economy and tens of millions of Americans whose medical care has been turned upside down in the name of providing another entitlement without asking anything in return of the recipients.

It's increased medical costs, deprived Americans of their chosen physicians and treatments, and contributed to a culture of dependency that has no place in a land of liberty.

And now, in 2016, it's about to gut municipal bonds.

Why the 62nd Time Was the Charm for the GOP to Repeal Obamacare

By , Money Morning -

Yesterday, the Republican-controlled Senate voted to repeal Obamacare.

The overall vote was 52 to 47. It was the 62nd vote to repeal all or part of the 2010 statute.

Here's a look at the creative ways and means the GOP took to get it this far, and what will likely happen next...

This Obamacare News Is One of the Law's Worst Omens to Date

By , Associate Editor, Money Morning • @DavidGZeiler -

UnitedHealth Group Inc. (NYSE: UNH) CEO Stephen J. Hemsley unleashed a bombshell of Obamacare news when he announced that his firm is considering a 2017 exit from the exchanges created by the Affordable Care Act.

This devastating Obamacare news confirmed suspicion that the major insurers aren't doing well with their ACA plans.

So what the heck is going on?

Frankly, it's something the ACA's critics have long predicted...

Is Obamacare Working? This Report Card Says It's Failing

By , Associate Editor, Money Morning • @DavidGZeiler -

doctors

Today is Oct. 1 - the two-year anniversary of when the Obamacare healthcare exchanges opened for business. So it's a good time to assess the healthcare law.

Some of Obamacare is working. But some parts of the Affordable Care Act have not worked as intended, and some are simply failing altogether.

Here's a full report card on how well Obamacare is working - or not...

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