Page 9 - Exchange Coverage News Today

Michael flynn lobbied for a Foreign Government before and after the election. Also today, will they have the votes . Obamacare is failing. And we cannot do nothing. Is President Trump going to have to make concessions to save that Republican Health care plan . We will look at that. We will look at a lot more. A lot going on today. We begin though with our top story, the closing bell, just seconds ago, the dow closing today. Closing this week u about 46 points. The bigger news though, the backdro...

Among the consequences of the Affordable Care Act (ACA or Obamacare) are its effects on insurer competition.

Obamacare repeal bill. >> wow. >> for people who are getting healthcare through the exchanges or through medicaid it makes deep cuts. so medicaid goes backwards. the cuts not only roll back the expansions that currently exist on medicaid, they take it -- they take it farther than if obamacare didnt exist. and thats really important. so center for budget policy priorities looked at the tax cuts under this and basically theres $33 billion goes to the top 400 richest people in the country and in or...

Trillion dollars out of healthcare coverage its going to weaken the entire health system, it will mean increased medical debts, untreated sickness and deaths. >> so, doctor, i saw you nodding all way through the doctors assessment of this report. so aside from the politics, you know, i have an opinion, people know that im not quiet about it, but you as a medical expert looking at this objectively, if, in fact, a trillion dollars is taken out of medicaid, if in fact medical coverage is not expand...

How they view their health and really deal with their health. >> absolutely, yeah. i was nodding because i actually referenced the doctors report last week and i found it really rife with such important information about the policy discussion surrounding healthcare coverage. you know, you have to sort of agree with the premise that coverage improves health outcomes by improving care and, again, we get -- had a discussion a little while back about the semantics of access as opposed to actually de...

Dates. theres an employer mandate who says we have above 50 employees who have to provide health insurance to your full-time employees. so if you didnt have that penalty you would get a lot of employees dropping health care coverage. youre seeing some of this with part-time workers like trader joes getting rid of his health care coverage for people who work less than 30 hours. what a lot of those workers are finding is its cheaper for them to go by exchange coverage. this is effectively a wage -...

What a lot of those workers are finding is its cheaper for them to go by exchange coverage. this is effectively a wage -- we might want more employers. >> it has nothing to do with the sanctions because these were employees that were putting in less than 30 hours a week. >> if the law was spob successful -- if gets active and competitive and robust. >> and if we didnt have the sanction on employers for full-time work. that would not be an issue. you might actually see a real increase in wages fo...

Who have to provide health insurance to your full-time employees. so if you didnt have that penalty you would get a lot of employees dropping health care coverage. youre seeing some of this with part-time workers like trader joes getting rid of his health care coverage for people who work less than 30,000. what a lot of those workers are finding is its cheaper for them to go by exchange coverage. this is effectively a wage -- we might want more employers. >> it has nothing to do with the sanctio...

It of delaying the corporate mandate. >> in addition, the taxpayers are victims. delaying it for one year is going to cost $60 billion, $60 billion. its the $10 billion in forgone employer penalties but in addition, every person that signs up for that subsidized exchange coverage is according to the cbo it will cost $4,820. even if only half of those ten million workers and their dependents sign up, youve got a bill of over $48 billion right there out of the $10 billion. do you realize that is c...

The so-called affordable health care act? >> we will continue to put out regulation -- >> will there be further delays, madam secretary? >> there are no planned delays. >> its not a promise, lawmakers also asked how many of those who signed up actually paid for something, at a time when some analysts are suggesting as many as 20% of those who have signed up have not paid a dime so far. >> and it wasnt just republicans expressing unhappiness, right? >> reporter: thats right. we heard some concern...