Get ObamaCare Out of the Health Insurance Exchange Business
Health insurance exchanges are a great idea – as long as the government isn’t the one running them.
“In a private exchange, an employer can make a defined contribution to a tax-free group plan chosen by the worker,” explains Robert Moffit. “If the worker purchases a less expensive plan, the worker can keep the difference in savings. A worker who wants a more expensive plan can top off the employer's contribution with her own money.
“In a well-run private exchange, self-insured employers can offer greater flexibility in benefit design, allowing workers and their families choice among a variety of health plans offered by multiple carriers,” Moffit continues. “With cost calculators, plan and provider performance ratings, and easily accessible network and formulary information…[more]
If the Supreme Court strikes down an unauthorized IRS rule that gives ObamaCare subsidies to ineligible citizens, the Obama administration thinks it has a way to save them.
Last week the United States Supreme Court heard oral arguments in King v. Burwell, a Virginia-based challenge to the mechanism that makes “The Affordable Care Act” affordable.
In order to claim that ObamaCare would not increase federal spending beyond federal revenues – i.e., it would be deficit neutral – the drafters of the law made subsidies available to citizens who purchased their health insurance…
"There could be no greater examples of the diversity of the 2016 Republican presidential field than the dueling announcements of Ben Carson and Carly Fiorina Monday morning.Carson, the only black candidate in the race, and Fiorina, the only woman, are also the only two candidates who have never held public office before. Each is working to turn what some would call a gap in their resumes into a strength…[more]