Part 1: Trump Tackles the ACA Alone!

After multiple congressional efforts to repeal/replace/modify the Affordable Care Act (ACA) have failed due to partisan and inter-party disagreements, President Trump issued an Executive Order and then announced an end to Cost Sharing Subsidies (CSS) to force change. The order, titled “Promoting Healthcare Choice and Competition Across the United States,” directs regulatory agencies to focus on three areas with the goal of facilitating the purchase of insurance across state lines and providing … [Read more...]

Same Old, Same Old

My wife and I eat at our favorite Thai food restaurant on a regular basis. It’s a small, family run restaurant, and Kim waits the tables. I always ask Kim how she’s doing. Inevitably, her answer is, “Same old, same old.” Same old, same old is great for a Thai restaurant with great Thai food. I want the same old, same old. That’s what I expect. The year 2016 ended with the same old, same old. One of the major insurers resolved a pricing dispute with a major hospital system in the 11th hour. The … [Read more...]

What do Hurricanes and High Deductible Health Plans Have in Common?

The recent destruction and flooding caused by Hurricane Matthew caused me to think about the different way we view homeowner’s insurance and health insurance. Seems like an odd comparison, but stay with me on this. Many individuals shy away from high deductible health plans and opt for a more expensive preferred provider organization (PPO) plan even though their maximum exposure is identical under both types of plans. Yet, the same individual has a high deductible homeowner’s policy for their … [Read more...]