The Weekly Insight: October 23
Texas Insight Reports: October 16-20
- The Hidden Cost and Expense of Thumbing your Nose at Obamacare: The administration’s decision to stop reimbursing insurers for discounts on co-payments and deductibles, that they are required by law to offer to low-income consumers, will cause problems, but not in the way that you might expect. The reimbursements are known as cost-sharing reduction payments, or CSRs. Tim Jost (professor emeritus of law at Washington and Lee University), in speaking to NPR stated that “ending the CSR payments is another sign that President Trump is doing what he can to undermine the stability of the individual market under the ACA.” The problem the Administration encounters is the payments are required by law and cannot be eliminated through an executive order. What is happening is the President will withdraw the money providing the subsidies, but the participating companies must still grant them to eligible participants.
- Just the FAQs, Ma’am… Q and A related to the Policy Council for Children and Families: The Policy Council for Children and Families met recently and several questions were addressed. The most substantive issues and questions are addressed through the FAQs provided in this document.
- The Individual Mandate for Health Insurance Coverage: In Brief: This report provides an overview of the individual mandate, its associated penalty, and the exemptions from the mandate. It discusses the ACA reporting requirements designed, in part, to assist individuals in providing evidence of having met the mandate. The report includes some national- and state-level data on the application of the mandate’s penalty in tax year (TY) 2014 and TY2015.
Recent Federal Healthcare News
- 24 Hours Later, Senate Health Deal All but Completely Dead: (10/18/17) A Senate healthcare deal to extend critical ObamaCare payments to insurers appears all but completely dead just 24 hours after it was announced. President Trump reversed course Wednesday and said he opposed the deal, while Speaker Paul Ryan’s (R-Wis.) office said the Senate should keep its focus on repealing and replacing President Obama’s signature law.
- Rate of People Without Health Insurance Rises for First Time Since 2014: The percentage of people who do not have health insurance rose to 12.3 percent in the third quarter of the year, the first such rise since ObamaCare took effect in 2014.
- Troubled by Flint Water Crisis, 11-Year-Old Girl Invents Lead-Detecting Device: When the drinking water in Flint, Mich., became contaminated with lead, causing a major public health crisis, 11-year-old Gitanjali Rao took notice. “I had been following the Flint, Michigan, issue for about two years,” the seventh-grader told ABC News. “I was appalled by the number of people affected by lead contamination in water.”
- U.S. Judge to Review Trump Healthcare Payments Cut: SAN FRANCISCO (Reuters) – A U.S. judge is set to hear arguments on Monday about whether to block President Donald Trump’s decision to terminate controversial payments to health insurance companies under Obamacare.
- States May Roll Back Children’s Health Coverage Without Money from Congress: Federal funds for the Children’s Health Insurance Program (CHIP) expired Sept. 30, leaving states to come up with short-term fixes to keep their programs going. CHIP, now in its 20th year, primarily covers children from low-income families who earn too much to qualify for Medicaid. The program has long had bipartisan support, but lawmakers — consumed by the fight over Obamacare — blew past a key funding deadline and have been slow to extend new money.