The growth of National Health Expenditures (NHE) has been a central policy dilemma for decades. The fact that NHE growth outpaces GDP growth underlies the continued rise in health insurance premiums, crowds out cash raises for workers, and fuels the federal red ink emanating from the social safety net — Medicare, Medicaid, Social Security, and now the Affordable Care Act (ACA).
The ACA's several new taxes are raising premiums significantly for exchange enrollees.
Though the open enrollment period for the health insurance exchanges has come to a close, the total number of newly enrolled Medicaid beneficiaries is still climbing for 2014. Many questions have been raised regarding the number of newly enrolled individuals as a result of the Affordable Care Act (ACA).
Douglas Holtz-Eakin Discusses the Future of Medicare on Fox Business
"Fox and Friends" Discusses AAF Study on the Regulatory Burden of the ACA (March 25, 2014).
The Federal Reserve released the results of its latest round of stress tests for the 30 largest banks. The tests simulate loan losses at the 30 firms (totaling $366 billion) if the U.S. were to experience a deep recession (GDP down 4.75 percent), a 4 percentage point spike in unemployment, a 25 percent decline in home prices, and a 50 percent drop in the stock market.
The Obamacare subsidized exchanges were never a sure thing. Some states did not choose to create their own exchange and some did so poorly. There was lots of evidence that the so-called “young invincibles” were not going buy the insurance, especially at the exchange prices, leading to more expensive pools. And all of that preceded the initial meltdown of healthcare.gov.
As a part of the release of President Obama’s proposed FY2015 budget, the administration was required to release the amount of federal funds spent implementing the Affordable Care Act (ACA) exchanges, and provide details on which accounts were used. From the numbers, it is clear that the ACA did not appropriate sufficient funding.