Ulmer: Here’s hoping you stay healthy
So why did the
"Enhanced federal subsidies are set to expire on
Both my loyal readers know that after working as a lobbyist for
Obamacare imposed hundreds of much-needed reforms in health insurance access and benefits. For instance, prior to these reforms insurance could refuse to enroll you based on whatever preconditions you had and even deny covering the cost of preexisting ailments. The ACA forced insurers to take everyone. In addition it required insurers to pay at least 85% of your premiums on actual care rather than pocketing it on administration costs. If companies didn't reach that threshold, they hadto refund the difference to policyholders. The act also laid out the minimum benefits that insurers had to provide, and they were much broader in the sense that approved plans had to provide many benefits than many plans didn't provide before this requirement (BTW this did raise costs).
The ACA ended up being over 2,000 pages of reforms, one of which mandated that everyone had to have health insurance. The upside of this is that it forced young people into the overall pool, which would reduce costs because health insurance costs are based on utilization and young people need less care than old people. But the
In order to help afford insurance the ACA provided subsidies to folks who met the income requirements on a sliding scale. The result is that 20 million Americans now depend on these subsidies to afford health insurance.
President
So the
In the meantime over 20,000 North Dakotans along with 20 million
Of course the
Anyway, here's hoping you stay healthy during the upcoming political firestorm over whether we the people are still willing to share a portion of our wealth taking care of each other ... peace.


Forecast: Uncertainty now, but no recession on horizon
Health coverage, cost trends serving double whammy in Mass.
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