Premiums And Costs Could Rise If Republicans Win Obamacare Lawsuit, Study Finds
In House v. Burwell, Republican lawmakers are challenging the health law's “cost sharing reduction” payments to insurers to help reimburse the coverage of lower-income enrollees. Meanwhile, as the enrollment period draws to a close, The Associated Press reports on potential fines for millennials who remain uninsured
The Hill:
Study: GOP Win In ObamaCare Suit Would Hike Spending
A new study indicates that a favorable ruling for House Republicans in their ObamaCare lawsuit would cause a large disruption, but would not cripple the law. The study from the Urban Institute finds that if Republicans win in the case of House v. Burwell, cutting off certain payments to insurers under the health law, insurers would face a major adjustment and have to hike premiums, but government subsidies would increase to help make up the difference and the system would likely not face major negative consequences. (Sullivan, 1/27)
The Associated Press:
Health Care Fines Press Millennials As Deadline Nears
Millions of young adults healthy enough to think they don't need insurance face painful choices this year as the sign-up deadline approaches for President Barack Obama's health care law. Fines for being uninsured rise sharply in 2016 — averaging nearly $1,000 per household, according to an independent estimate. It's forcing those in their 20s and 30s to take a hard look and see if they can squeeze in coverage to avoid penalties. (1/26)