On the eve of Obamacare’s debut, Health and Human Services Secretary Kathleen Sebelius today praised the moment as a “new day in healthcare.”
Study Finds Generally Lower Premiums from Health Insurance Marketplace
Open enrollment in the new Health Insurance Marketplace — a part of the Patient Protection and Affordable Care Act (Obamacare) — began today, allowing individuals and families to purchase private insurance for coverage beginning January 1, 2014. A new Kaiser Family Foundation study provides an early look at insurance premiums in 2014 [1]. The report finds that U.S. consumers generally will see lower health insurance premiums through the marketplace.
Most Consumers Don’t Know About Health Insurance Exchanges
A recent survey by CVS Caremark found that 78% of consumers who qualify for healthcare reform subsidies have never heard of state-based healthcare insurance exchanges where they will have to shop for coverage next year [1]. Although the exchanges are being promoted as transparent and user friendly, 60% of respondents said they believe they will need help to understand health insurance terms and navigate the system.
Romney Flip Flops on the Repeal of Obamacare
GOP presidential candidate Mitt Romney, who has unambiguously said that he, if elected president, will repeal the Patient Protection and Affordable Care Act (PPACA), stated yesterday on NBC’s Meet the Press that he would not want to repeal all of the healthcare law [1]. The position is an abrupt turn on an early campaign promise.