RALEIGH — Flaws built into the Affordable Care Act are leading to an older, sicker mix of insurance policyholders in North Carolina. That's a sign of so-called "adverse selection," according to a new John Locke Foundation Spotlight report. Adverse selection plays a key role in the state's largest health insurer seeking average 34.6 percent rate increases.
RALEIGH — While North Carolina has been touted by supporters of the Affordable Care Act, as Obamacare is formally known, as one of the nation’s top success stories in recruiting uninsured people to sign up on the HealthCare.gov exchange, Rufus Langley, state leader of the North Carolina Association of Health Underwriters, predicted 10 percent of Obamacare participants may owe the IRS money at the end of the year.
Enrollment numbers continue to fall short of expectations within the Affordable Care Act's most coveted demographic.
It’s not clear that the young people who are critical to Obamacare’s success will be willing to pay the price.
RALEIGH — The federal health care law known as Obamacare creates more problems for North Carolinians than just the faulty website that has generated recent headlines. A new John Locke Foundation Spotlight report documents key Obamacare flaws and offers alternatives for addressing health care needs.
HILLSBOROUGH — Though a League of Women Voters presentation on the Affordable Care Act on Monday sounded more like talking points from the Obama administration than a current assessment of the national healthcare law’s impacts and flaws, some uninsured people in attendance said the session was informative.
RALEIGH — Concern is rising among community health centers that serve nearly a half million patients in North Carolina yearly — most of them uninsured — that Obamacare may drain away their patients and doctors. Meantime, officials say, patients are antsy about how the law will affect them.
RALEIGH — North Carolina consumers could be the biggest losers after one of three insurance carriers that applied to participate in the Obamacare federal exchange announced its decision on Thursday to withdraw from the government-approved marketplace, health experts say. They cite the lack of competition in providing coverage on the individual market for consumers who will be required to purchase health insurance when the federal law takes effect in January.
RALEIGH — FirstCarolinaCare Insurance Company is withdrawing from participation in the federal health exchange. Uninsured North Carolina consumers will have only two provider options from which to purchase policies approved by federal regulators and mandated under the Affordable Care Act (aka Obamacare) from the electronic marketplace.
RALEIGH — Younger, healthy consumers representing one-third of individual Blue Cross Blue Shield of North Carolina policy holders would bear “substantial increases” to offset the costs of insuring older, less healthy populations and the requirements of the Affordable Care Act, BCBSNC officials acknowledged.
