Top 10 Healthcare Stories of 2015

#10: Obamacare Grows! 2015 marked the second year of the Affordable Care Act, President Obama’s landmark legislation created to help decrease the rate of uninsured. 50 Health Insurance Marketplaces launched nationwide and here are the 2015 results: More than 5 million new Americans enrolled joining the 8 million that enrolled in 2014 (65% growth). 85%…

How Much Does Free Healthcare Cost?

Health exchanges intend to provide affordable coverage to a group of consumers who otherwise, for various reasons, have been historically uninsured. Each health exchange will use advanced premium tax credits (APTCs) or “subsidies” pegged at a person’s salary to help defray the cost of health insurance. To be eligible for these subsidies, a consumer (and/or…

1.7M New Yorkers Will Lack Coverage After Reform

On January 30th, Urban Institute issued a report that forecasts the impact of health care reform on the uninsured population in New York State. Currently 14% of New York’s population does not have health coverage. While this is lower than the national average of 16%, New York is one of the states with the highest number of…

Health Exchanges – Part III

Understanding Your Operational Readiness In Part I of Building a Health Exchange Strategy the discussion centered on how payers will have to be more consumer centric in their approaches to delivering health care. Part II focused on being aware of the political climate and how that will impact strategic decisions on whether to enter a…

Free Market Lessons from Sweden’s Single Payer System

With over 313 million people, the United States spends over 17% of its GDP on health expenditures while over 14% of its population lacks health insurance. This has led to runaway costs, access to care issues, and worries of severe physician shortages in 2014. On the contrary, Sweden, with a much smaller, homogenous population of 9.4…

It’s a Rotten Apple for NY’s Small Businesses

An indepth look at health care regulations that uniquely contribute to high health insurance costs in New York Want to start a small business and help our staggering economy? Think twice about NY. Studies continue to show that affordable health coverage is the top concern for small businesses in this state. Contrary to popular belief…

SOTU: What Obama Didn’t Say

President Obama filled up close to 90 minutes of TV airtime giving his 3rd State of the Union Address last week. With 6,953 words (about 12 pages) to choose from political pundits filled the airwaves all across the country with animated reactions commenting on everything from the details of his plans to his tone, his…

The Curious Case of Kansas

On April 28, 2009, Kathleen Sebelius joined the Obama Administration as the Secretary of the Department of Health and Human Services (HHS). It was one month and five days after the President signed his landmark healthcare legislation into law. Sebelius’ primary task would be to lead the massive implementation effort of a very complex bill…

Debt Ceiling And Obama’s Big Elephant In The Room

Have you ever had those annoying debt collectors call your house over and over and over again? They can be relentless calling at all times of the night leaving disparaging messages about a debt they are attempting to collect. Now imagine for a just a minute being able to call up your local newspaper and convene a…