Mark Cuban has an idea for how to stop the $38 trillion national debt runaway train, and it has a lot to do with the online pharmacy company he founded in January 2022. On Christmas Eve, the billionaire investor posted on X about his frustrations with the insurance market. Insurers and providers, according to Cuban, … Read more
Retirees may know that Medicare doesn’t cover inpatient hospital costs forever, because Medicare Part A covers the first 60 days of the cost for time spent in the hospital after you’ve reached your deductible. Beginning on day 61, beneficiaries must pay a daily coinsurance amount. For very long hospitalizations, patients may ultimately be responsible for … Read more
Photographer: Andrew Harrer/Bloomberg (Bloomberg) — The Republican-led Congress left Washington for a year without a deal to extend Obamacare subsidies, giving Democrats a strong political attack line heading into an election year squarely focused on affordability. Health care premiums for more than 20 million Americans will more than double on average in 2026, which risks … Read more
Chief Health Officer John Driscoll is calling the upcoming expiration of the Affordable Care Act’s enhanced subsidies “a tragedy in the making,” warning that millions of Americans are about to be hit with higher premiums, lost coverage and rising medical debt as gridlock in Washington tightens. Driscoll, who is currently the president of UConn Health … Read more
As the deadline to address enhanced tax credits in the Affordable Care Act expires, Senate Majority Leader John Thune announced Tuesday that two competing plans — one led by Democrats and the other by Republicans — will get votes in the Senate on Thursday. But neither bill is expected to have the support it needs … Read more
ALLENTOWN, Pa. (AP) — Republicans in key U.S. House battlegrounds are working to contain the political fallout that may arise when thousands of their constituents face higher bills for health insurance brought about by the Affordable Care Act. For a critical portion of the Republican majority, the impending expiration of so-called enhanced tax credits after … Read more
Some Senate Republicans are expressing frustration that their conference has been unable to unify behind a health care plan ahead of a vote next week on a Democratic proposal to extend health insurance premium subsidies that expire in January. Republicans are worried that subsidies, and health insurance and costs in general, could become a major … Read more