"That, and also, the Affordable Care Act. You know, we got to change that because we have built in some unfortunate incentives that discourage full-time employment." -Hillary Clinton on Obamacare, March 2016 Go To Site

“Opportunity created by affordable, quality health insurance allows families in America to make a decision about how they will work, or if they will work.” -Jay Carney Go To Site

You know things are bad for President Obama when even Warren Buffett has soured on Obamacare and says that "we need something else."... Buffett insists that without changes to Obamacare average citizens will suffer. "'What we have now is untenable over time,' said Buffett, an early supporter of President Obama. 'That kind of a cost compared to the rest of the world is really like a tapeworm eating, you know, at our economic body.' Go To Site

After Expanding Under ACA, This Company is Closing Its Doors

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After expanding to do business on the Affordable Care Act’s exchanges last year, a Wisconsin-based health insurance company founded in 1892 has announced it will close its doors.

  Assurant Inc. announced last week one of its subsidiaries, Assurant Health, an insurance company, will either be sold or shuttered after losing tens of millions of dollars this year. The decision comes 18 months after the implementation of the Affordable Care Act, and industry watchers argue Assurant Health’s end can be attributed to the new health care law.

Own a small business? Brace for Obamacare pain

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Local insurance brokers are reporting spikes ranging from 35 percent to 120 percent on policies that renew from July to December. The increases are especially acute among employers with workforces made up of younger, healthier men... The changes put as many as 90,000 policies across Nevada at risk of cancellation or nonrenewal this fall, said Las Vegas insurance broker William Wright, president of Chamber Insurance and Benefits.

Watch Out for Obamacare's Subsidy Cliff: Earn $1 More in Wages, and You Could Pay $20,000 More for Insurance

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For some people, CBO notes, the incentive to reduce their hours or quit their jobs will be especially strong: "People whose income exceeds 400 percent of the FPL are ineligible for premium subsidies, and for some people those subsidies will drop abruptly to zero when income crosses that threshold." The Obamacare subsidy cliff is so steep that if you earn just $1 above the threshold, you could end up paying anywhere from a few thousand dollars to $20,000 more for insurance, depending on your age.

Moody’s downgrades outlook for health insurers

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Major credit-rating firm Moody’s on Thursday downgraded the outlook for health insurers from stable to negative, citing the new health-care law’s botched rollout as a significant factor. Moody’s highlighted the relatively low sign-up rate among young adults and a slew of last-minute regulatory changes by the Obama administration as posing risks to health insurers selling policies on the new exchanges.