Aetna’s profits soar as company forecasts higher earnings due to GOP tax law


ㅤ”The result was in part because of higher yields in its commercial and government businesses, meaning partnerships like Medicare and Medicaid.
ㅤAetna significantly scaled back its participation in the Obamacare exchanges for 2017 and withdrew completely in 2018.
ㅤFor 2018, Aetna reported it expects to increase gross adjusted earnings by about $800 million in 2018 because of the Republican tax bill signed into law by President Trump, which lowers the corporate tax rate.”

ㅤô¿ô …This is HUGE. Pehaps Aetna will make a complete come back to the Obamacare exchanges. Maybe even lower premiums. Wow !!

Full story at The Washington Examiner, image from washingtonexaminer(.com) – 1/30/18.

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The Obamacare individual mandate is repealed. Here’s what’s next

ㅤ”Republicans have long charged that the CBO overestimates the number of people who would go without coverage if the mandate disappears. Some Republicans have said that the mandate has never been a key driver of enrollment, pointing to the poor financial performance of Obamacare insurers and rising prices over the past few years.
ㅤSen. Bill Cassidy, R-La., said this month he believes the CBO ‘lost any credibility’ over insurance coverage numbers because the coverage estimates due to the mandate repeal were far off.”

Full story at The Washington Examiner, image from (aca, obamacare, mandate, repeal) – 1/14/18

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CBO to lower estimate of uninsured caused by repeal of Obamacare mandate

ㅤ”The Congressional Budget Office has found that the repeal of Obamacare’s individual mandate, which requires people to have health insurance or pay a fine, will result in fewer people becoming uninsured than it had projected.”

ㅤô¿ô …Polls show that only 0.002% of Americans were surprised by this.

Full story at The Washington Examiner, image from (aca, obamacare) – 1/10/18.


Latest Obamacare Taxes Just Went Into Effect and Nobody Said A Word

ㅤ”The tax is levied on all health insurance providers that offer full coverage plans, which means consumers both on and off the Obamacare marketplace can expect some premiums increases as a result of HIT.”

Full story at The Daily Caller, image from (aca, health insurance, healthcare, insurance payments, insurance rates, obamacare, premiums, health insurance tax, hit) 1/3/18ㅤHome


Passing Tax Reform Offers Republicans Another Shot to Repeal Obamacare

ㅤPictured: Rep. Dave Brat (R-VA)

ㅤ”Speaker Paul Ryan signaled that next year he wants to tackle entitlement reform, while Senate Majority Leader Mitch McConnell suggested that Republicans should move on from repealing Obamacare. Republicans will only have a one-seat majority in the Senate in 2018, which will make more contentious issues such as welfare reform and Obamacare repeal less politically viable, although some conservatives have argued that Republicans should focus on repealing Obamacare.
ㅤRep. Dave Brat, a member of the House Freedom Caucus, contended, ‘When I go back home, the No. 1 issue, by far, is still ObamaCare and major health-care reform that’s needed to bring these skyrocketing premiums to an end.'”

Full story at Breitbart, image from gettyimages(.com) • aca, congress, dave brat, freedom caucus, house, house republicans, mark meadows, meadows, obamacare, senate, senate republicans, senators, u.s. congress ㅤ Home

FACT CHECK: Did Obamacare Have A Record Number of Sign-Ups For 2018 Open Enrollment?

ㅤ”About 8.8 million people signed up for 2018 health coverage on during this year’s open enrollment period ending Dec. 15, compared to 9.2 million sign-ups for 2017 coverage and 9.6 million for 2016 coverage.”

ㅤô¿ô …Verdict: False.

Full story at Check Your Fact, image from homehealthcarenews(.com) • aca, obamacare, adam hodge ㅤ Home

2018: What’s Next for Obamacare

ㅤ”The Tax Cuts and Jobs Act repealed the Affordable Care Act’s individual mandate. Obamacare mandated that Americans who forgo health insurance would have to pay $695 or 2.5 percent of their income, whichever is larger. The Internal Revenue Service (IRS) found that 80 percent of those who pay the Obamacare mandate fine make less than $50,000 a year, making the mandate’s repeal a huge middle-class tax cut.”

Full story at Breitbart, image from breitbart(.com) • aca, jobs, labor force, middle class, middle income, obamacare, tax cuts, tax rates, tax reform, taxes, workforce, working class, mandate, medicaid ㅤ Home

Trump: GOP tax bill essentially repeals ObamaCare

ㅤ”‘When the individual mandate is being repealed, that means ObamaCare is being repealed,’ the President said during a Cabinet meeting at the White House. ‘We have essentially repealed ObamaCare and we will come up with something much better.'”

ㅤô¿ô …Repeal of the mandate should not have significant effect. Obama’s IRS was not enforcing the mandate. Obamacare has deeper problems that still must be addressed.

Full story at The Hill, image from homehealthcarenews(.com) • aca, donald trump, obamacare, potus, president, trump, individual mandate ㅤ Home

Mitch McConnell is confident the Senate will pass tax reform either late tonight or early tomorrow

ㅤ”‘We are on the cusp of a great victory for the country and particularly small business,’ Mitch McConnell said at an event featuring small business owners praising the GOP tax plan.”

Full story at The Washington Examiner, image from washingtonexaminer(.com) • aca, obamacare, senate, senate republicans, tax cuts, tax rates, tax reform, taxes, u.s. congress

McConnell: Senate tax bill will include repeal of ObamaCare mandate

ㅤPictured: Tom Cotton (Ark.)

ㅤ”It will raise an estimated $300 billion to $400 billion over the next year that could be used to pay for lowering individual and business tax rates even further.”

ㅤô¿ô …No…Cotton is not Nancy Pelosi’s grandson.

Full story at The Hill, image from amazonaws(.com) • aca, obamacare, tax cuts, tax rates, tax reform, taxes, john thune, ted cruz, rand paul, tom cotton, conservative, politics

Susan Collins points to elections as evidence of need to fix Obamacare

ㅤô¿ô …Collins has been right all along. Hopefully the President and the GOP are admitting their mistake. As the saying goes, once an entitlement is in place, it can’t be terminated.

Full story at The Washington Examiner, image from washingtonexaminer(.com) • aca, health insurance, healthcare, medicaid, obamacare, susan collins, conservative, politics

CBO says repealing Obamacare’s individual mandate penalties would save $338 billion

ㅤ”Obamacare’s individual mandate obligates that people purchase health insurance or pay a fine. Proponents say that it is needed to help bring healthier customers into Obamacare’s exchanges to help keep costs down for the pool. Opponents say it has not been effective in achieving this outcome.”

Full story at The Washington Examiner, image from washingtonexaminer(.com) • aca, cbo, congressional budget office, keith hall, medicaid, obamacare, tax reform, conservative, politics

Trump readies executive order to unravel Obamacare’s individual mandate

ㅤ”An executive order is sitting with the Office of Management and Budget waiting for approval. President Trump decided to delay the executive order after Sen. Tom Cotton, R-Ark., pushed for the inclusion of the individual mandate repeal in the tax bill.”

Full story at The Washington Examiner, image from homehealthcarenews(.com) • aca, donald trump,, obamacare, obamacare exchanges, obamacare plans, potus, president, repeal and replace • Go here to reblog this post (browser only).