Washington Post: “Some of the country’s most prominent health insurance companies have decided to stop offering new child-only plans, rather than comply with rules in the new health-care law that will require such plans to start accepting children with preexisting medical conditions after Sept. 23.”
The Heritage Foundation: “One the most troubling policies in the Patient Protection and Affordable Care Act (PPACA) is a new requirement that businesses report more information on their activities to the Internal Revenue Service. This new requirement will force businesses to divert scarce resources to complying with additional bureaucratic red tape that they could better use creating new jobs.”
The Foundry: “Obamacare is deeply unpopular with the American people . . . . To combat this reality, the Obama administration struck back . . . . Health and Human Services Secretary Kathleen Sebelius sent a letter to America’s Health Insurance Plans warning them that ‘there will be zero tolerance’ for ‘falsely blaming premium increases’ on Obamacare. Specifically, Sebelius threatened to punish non-subservient firms by excluding them from the government regulated and mandated health insurance exchanges.”
CT Now: “Health insurers are asking for immediate rate hikes of more than 20 percent in Connecticut for some plans, citing rising medical costs and federal health reform laws as reasons.”
Arizona Republic: “State and university employees with families can expect to see their monthly health-insurance costs rise as much as 37 percent next year . . . . [Two reasons Obamacare will cause costs to skyrocket next year] One is a requirement that insurance plans provide coverage for dependent children up to age 26. The other is the federal legislation’s ban on lifetime limits, an insurance-industry practice that cuts coverage once an individual’s medical expenses exceed a set amount over their lifetime.”