Yes, People Are Losing Their Insurance Under Obamacare. Six months into his presidency, Barack Obama promised that his proposed health reforms wouldn’t force people who were happy with their insurance to change.
“If you like your health-care plan, you’ll be able to keep your health-care plan, period,” he said. But hundreds of thousands of people are finding out that’s not the case. Insurance companies are terminating policies for many people whose insurance doesn’t meet the standards of the new health law. Obama admin. knew millions could not keep their health insurance. Larry Downing / Reuters U.S. President Barack Obama walks out to deliver remarks alongside Human Services Secretary Kathleen Sebelius in the Rose Garden of the White House in Washington, October 1, 2013. By Lisa Myers and Hannah Rappleye NBC News President Obama repeatedly assured Americans that after the Affordable Care Act became law, people who liked their health insurance would be able to keep it.
Coburn questions Obama rule giving firefighters health coverage. The Obama administration announced the new policy on Tuesday.
The move came after recent blazes in Colorado shed light on federal firefighters' previous lack of health coverage. As seasonal government workers, thousands of firefighters had not been eligible for insurance under the federal employee health plan. Prescription for Decline - By Will Marshall. Lost in all the uproar over the U.S.
Supreme Court's June 28 "Obamacare" ruling was the crucial link between health-care reform and the issue voters care most about: the economy. America's current health-care "system" isn't just an ungainly, costly, and unjust mess. Family fears return to health insurance worries. How Health Care Stocks Are Faring. NEW YORK (TheStreet) -- The Supreme Court will announce its decision on the constitutionality of Obamacare Thursday.
In case you don't remember, the real name of the bill is "Patient Protection and Affordable Care Act. " From different surveys I have read, it appears there's a 75% chance that the individual health care mandate in the act will be ruled unconstitutional. ValuEngine shows that the Medical Sector is 7.4% overvalued, but within that sector, the Health Maintenance Organizations Industry is 5.6% undervalued. I will evaluate the price performance of nine stocks in this industry focusing on the volatility since March 26, when the Supreme Court began deliberating on Obamacare. All nine of the stocks I profile are rated Strong Buy or Buy according to ValuEngine, and all but one traded lower during the period of deliberation by the Supreme Court.
Here's a table of information from www.ValuEngine.com include my value levels, pivots and risky levels. Cramer: Health Care Ruling Hurts Small Business AET, HUM - TheStreet TV. Dividend Stock Advisor Try it NOW Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features: Diversified model portfolio of dividend stocks Alerts when market news affect the portfolio Bi-weekly updates with exact steps to take - BUY, HOLD, SELL Real Money Pro Try it NOW All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis. Real Money + Doug Kass Plus 15 more Wall Street Pros Intraday commentary & news Ultra-actionable trading ideas Options Profits. Wall Street drops as banks, Europe weigh. NEW YORK (Reuters) - Stocks fell on Thursday but pared back sharp losses late in the session on talk of progress by European leaders in easing the region's debt crisis, while a Supreme Court ruling upholding a landmark healthcare law hit large health insurers.
Markets are especially skittish about any shift in expectations for the euro zone as European Union leaders met on the first day of a two-day summit in Brussels. "This is a process that is just going to wind on and is going to bring us periodic bouts of volatility in our markets depending on the news flow," said Matt Kaufler, portfolio manager at Federated Investors in Rochester, New York. Stocks began lower and losses accelerated after a divided U.S. Supreme Court backed the centerpiece of President Barack Obama's healthcare overhaul law. The decision surprised many investors who see the law, which requires that most Americans obtain insurance by 2014 or face a penalty, as a hallmark of a business unfriendly administration. U.S. DSCC: Democratic Senatorial Campaign Committee. Obama basks in the glow of court victory. Why Do Working-Class People Vote Conservative? June 6, 2012 | Like this article?
Join our email list: Stay up to date with the latest headlines via email. Thanks Obamacare. Thanks, Obamacare. Liberal Supreme Court Reporters Are Panicking About The Fate Of Obamacare. Liberal journalists are in near panic about the fate of Obama's health care reform in the Supreme Court this week.
The first signs of the freakout came from the New Yorker's Jeffrey Toobin, in a tweet. Both the New York Times and the Los Angeles Times referred to the individual mandate that was being debated in court as "the heart" of Obama's health-care reform in their reports. Some reporters looked for glimmers of home. Pelosi: Obamacare Allows You to Quit Your Job and Become 'Whatever' House Minority Leader Nancy Pelosi (D.
-Calif.) (AP Photo/J. Scott Applewhite) (CNSNews.com) – House Minority Leader Nancy Pelosi (D-Calif.) said Thursday that Obamacare facilitates the type of “liberation” that the “Founders had in mind” because it allows you to quit your job and become a “photographer,” a “writer,” a “musician”--or “whatever.” “As you hear from these stories, this is a liberation,” Pelosi said at a Capitol Hill news conference Thursday. Kagan Sits in Judgment of Obamacare—Despite Cheering Its Passage and Assigning Lawyer to Defend It.
Then-Solicitor General Elena Kagan and President Barack Obama in the White House on May 10, 2010, the day Obama nominated Kagan to the U.S. Supreme Court. Administration Admits to Court: Under Obamacare, Select Group Can Get Health Care, Not Pay for It, Not Buy Insurance, Not Pay Penalty. Solicitor General Donald Verrilli (AP Photo/Evan Vucci) (CNSNews.com) - President Barack Obama has justified the mandate in his health-care law that requires individuals to buy health insurance by arguing that it will eliminate free riders—that is, people who get health care (often from emergency rooms) but, lacking insurance, never pay anything back into the health-care system.
"So that's why the individual mandate's important," Obama explained in a speech on Aug. 15, 2011. "Because the basic theory is, look, everybody here at some point or another is going to need medical care, and you can't be a free-rider on everybody else," said Obama. "You can't not have health insurance, then go to the emergency room, and each of us, who've don the responsible thing and have health insurance, suddenly we now have to pay the premiums for you. Romney Leads GOP Contest, Trails in Matchup with Obama. Gas Prices Offset Good News about Jobs Overview Mitt Romney has retaken a significant lead nationally in the race for the Republican presidential nomination, even as he has fallen further behind Barack Obama in a general election matchup.
Moreover, Obama’s own job approval rating has reached 50% for the first time since last May, shortly after the killing of Osama bin Laden. The latest national survey by the Pew Research Center for the People & the Press, conducted March 7-11 among 1,503 adults, including 1,188 registered voters and 538 Republican and Republican-leaning voters, finds that Romney leads Rick Santorum, 33% to 24%, in the GOP nomination contest. A month ago, the two men were in a virtual tie (28% Romney, 30% Santorum). But both GOP frontrunners are running well behind Barack Obama in general election matchups. Obama also holds an enthusiasm advantage over both of his main GOP rivals.
Obama is widely viewed as likely to defeat either Romney or Santorum in November. SCOTUS Preview Part III: The Perils Of Overreach. By Ian Millhiser on March 23, 2012 at 1:30 pm "SCOTUS Preview Part III: The Perils Of Overreach" Anti-Health Care Lawyer Randy Barnett. Why Your Doctor Secretly Hates Obamacare - Katie Kieffer. Your doctor won’t tell you this when you’re sitting in his office, so I will: He hates Obamacare. Ethan Rome: Supreme Damage: Why the Court Can't Throw Out Obamacare. Why Striking Down Obamacare Will Put Medicare Payments In Jeopardy.
By Guest Contributor on April 24, 2012 at 12:22 pm. TV - HD Videos With CEOs, Analysts, Fund Managers and More. Dividend Stock Advisor Try it NOW. In Colorado, Obama goes from gas to green - The Hill's E2-Wire. Just hours after calling for expanded oil and natural gas production in Nevada, President Obama traveled to Colorado to extend an olive branch of sorts to his environmentalist base. Northeast States Cut Heating Aid To Poor - From the Wires.
The 31-year-old Marine, who was originally accused of unpremeditated murder, pleaded guilty Monday to negligent dereliction of duty for leading the squad that killed 24 unarmed Iraqi civilians in the town of Haditha in 2005 during raids after a roadside bomb exploded, killing a fellow Marine and wounding two others. NLG condemns NDAA provisions on indefinite detention. Obama's Broken Promise on Gitmo's Tenth Anniversary. Poster by Maria Shirshova. By Ralph E. Stone January 7, 2012. The cost of shopping for health insurance. (Jud Burkett - The Spectrum via Associated Press) When I wrote a story last week about Congress quietly closing health reform’s Consumer Assistance Program, Wonkblog readers and health-care economists alike quickly seized on one crucial detail: the program’s price tag. Thirty-five states received a total of $30 million to help consumers find affordable coverage, answer health insurance queries and appeal denied claims.
I led the story with Texas, which received a $2.8 million grant and, with it, hired nine employees who have handled about 6,000 phone calls. Do the math, and the federal government has spent $466 on each call that the Texas Consumer Health Assistance Program has handled.