econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



>> Click Here for Historical Wall Post Listing <<

What We Read Today 12 March 2014

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

There are 14 articles discussing Obamacare 'behind the wall' today.

  • New data show Obamacare gaining traction (Michael Hiltzik, Los Angeles Times) A collection of data indicates that the Affordable Care Act (ACA) is making some significant gains, especially for low income households. Some (perhaps most) of the cost reductions for January may be one-time events. Future months may go back to the low levels of cost increases seen in 2013, which is still better than the longer-term historical cost trend. See also next two articles for discussion about costs.

health-care-pce-quartz-latimes-2014-mar10

The 0.3 percent rise in income was partly influenced by temporary factors, such as the start of health care coverage in several areas under the Affordable Care Act.

Medicaid benefits were boosted $19.2 billion due to expanded coverage under the ACA. Other government social benefits to persons was boosted $14.7 billion, reflecting increases in several refundable tax credits, including health insurance premium subsidies paid in the form of tax credits to enrollees of the ACA exchanges.
  • Individual market enrollment: Updated view (McKinsey Center for U.S. Health System Reform) Included in a list of survey results are (1) more than 75% of enrollees paid their new premiums (survey 4-13 February); (2) 27% of previously uninsured said they had selected a product but only 10% had actually enrolled; and (3) affordability was cited as the leading reason for not enrolling but 80% of those were eligible for federal subsidies and 66% were unaware of that.

aca-survey-mckinsey-2014-feb

  • Exchange activity slows again (Allison Bell, Life Health Pro) A total of 4.2 million people had selected a commercial "qualified health plan" under ACA (Affordable Care Act, aka Obamacare) as of March 1. There are 8.8 million people eligible.
About 48 percent of the consumers who are eligible to enroll in QHPs have selected QHPs. But only 1.5 million people got through the QHP determination process in February, down 30 percent from the number who got through the determination process in January. Just 942,833 selected QHPs, down 18 percent from the January QHP selection total.
  • U.S. Uninsured Rate Continues to Fall (Jenna Levy, Gallup Well-Being) Progess is being made at improving the insurance coverage for lower income and black Americans, but overall coverage is still not as good as before the Great Financial Crisis. Data is presented through 4Q 2013.

health-care-uninsured-gallup-2014-mar

  • Fewer Americans Obtain Primary Health Coverage Through Employers (Michael Giardina, Health Insurance Exchange) The percentage of Americans who currently obtain health insurance coverage through their employers continues to drop, indicating an ongoing trend among benefit plan sponsors and HR decision-makers to shift costs to public and private exchanges.
"...one cannot claim that a plan is "unaffordable" when over the course of the year it will provide you with substantial savings. Thus we are changing the rating on this ad from Two Pinocchios to Three Pinocchios."

See also Dexter cancer patient who called health care 'unaffordable' will save more than $1K (Marisa Schultz, Detroit News) and UPDATED-Koch bros' fake "Obamacare victim" Julie Boonstra made to look even more foolish & exploited (Eclectablog, Daily Kos)

When advised of the details of her Blues' plan, Boonstra said the idea that it would be cheaper "can't be true."

"I personally do not believe that," Boonstra said.

)


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.






Econintersect Behind the Wall



search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Slow Economic Growth Will Be Around For A Long Time
The Job Guarantee, Wage-Price Inflation And Alternative Solutions: Part 2
News Blog
Early Headlines: Asia Stocks And Dollar Up, Oil, Gold Steady, Obama Climate Policies Gone, US Oil Glut, Euro Surges, Shorts Remain, Trump Into Yemen?, Iran-Russia Deals, Cat 4 Cyclone Hits Oz, And More
March 27, 2017 Weather and Climate Report - Will the MJO Deliver a Nino?
The Most Reputable Companies Worldwide
Gut Bacteria Play A Role In Long-term Weight Gain
What We Read Today 27 March 2017 - Special Public Edition
Is Less More In The Smartphone Market
Average Gasoline Prices for Week Ending 27 March 2017 Statistically Unchanged - Again
What We Read Today 27 March 2017
Why New Jets Could Destroy Airlines
March 2017 Texas Manufacturing Survey Continues to Expand
Wage Growth After The Great Recession
Is OPEC Losing Its Ability To Influence Oil Prices?
Many Worry That The Great Recession And Mounting Student Debt Have Stunted Millennials' Financial Development
Investing Blog
The Dollar's Coming Impact On Markets
The Real 401k Plan Manager 27 March 2017
Opinion Blog
Macron May Lead But Le Pen Remains The Big Story
Is The 20th Century Still The 'Hayek Century'?
Precious Metals Blog
These Gold Stocks Will Produce Much Bigger Gains Than Gold Itself
Live Markets
27Mar2017 Market Close: US Dollar Falls Into The 98 Range, WTI Crude Slips Into The 47 Handle, Wall Street Generally Sour And Down
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government































 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved