Posts Tagged ‘HHS

16
Mar
15

16.4M Thanks to President Barack Obama

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16
Mar
15

ObamaCare Sets Another Record

 

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Yasmeen Abutaleb: Nearly 11.7 Million Signed Up For Obamacare Health Insurance: HHS

Nearly 11.7 million people have either signed up or re-enrolled for insurance coverage under the U.S. healthcare reform law, more than the 9.1 million predicted by the Obama administration,health officials said on Tuesday. As of Feb. 22, about 8.8 million signed up in one of the 37 states that use online exchanges operated by the federal government and 2.85 million were in the 14 states, and Washington, D.C., that operate their own exchanges, the Department of Health and Human Services said in a statement. In the states that use the federal exchange, called healthcare.gov,

87 percent qualified for a tax credit averaging $263 per month, according to HHS. It said more than half of consumers in states using healthcare.gov bought a plan that cost $100 or less after tax credits. Enrollment across the board has largely exceeded expectations, health officials said. The enrollment period for 2015 coverage opened on Nov. 15 and closed on Feb. 15. More than 4.1 million people under 35 years old have purchased health insurance through state and federal exchanges, the HHS said Tuesday, about a third of enrollees.

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24
Feb
15

Medicare Saves $15B On Prescription Drug Costs. Thanks, ObamaCare

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Sarah Ferris: Medicare Drug Costs Shrinking Under ObamaCare

ObamaCare has led to substantial savings in prescription drug costs and a strong increase in the use of preventive services, administration officials announced Tuesday. “Our parents and grandparents on Medicare saved more than $15 billion on prescription drugs since President Obama signed the Affordable Care Act in 2010,” Health and Human Services (HHS) Secretary Sylvia Mathews Burwell said. Those savings amount to nearly $1,600 per person enrolled in Medicare — an increase from about $1,400 in average savings last year. Tackling prescription drug costs has been a major goal of the Obama administration, pledging to close the coverage gap, known as the “doughnut hole,” by 2020. Because

Medicare drug plans have a limit on how much they pay for medication, beneficiaries are forced to pay for their treatments out of pocket before their catastrophic coverage kicks in. Under ObamaCare, recipients in the “doughnut hole” receive a rebate or discount from the government to help them save on prescription drug costs until the gap can ultimately be closed. Burwell also highlighted the growing use of preventive healthcare coverage under ObamaCare — another top issue for the administration. Many provider groups only signed onto healthcare reform with the promise that preventive care would be a central tenet. Nearly 40 million people have used at least one of Medicare’s free preventive services in the last year alone, the secretary said. Nearly 5 million enrollees received the annual wellness exam.

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29
Jan
15

Lowered Healthcare Costs? Thanks, ObamaCare

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Tara Culp-Ressler: How The Obama Administration Is Getting Serious About Lowering Health Costs

The Obama administration unveiled an ambitious plan on Monday that will make historic changes to the way that doctors get paid. The ultimate goal is to tie more of doctors’ payments to the quality of care they provide, hopefully driving down the trillions of dollars that the U.S. currently spends on health services every year. The reforms are targeted at Medicare, the government program that provides coverage for Americans over the age of 64. Most Medicare providers currently get paid through what’s called a “fee for service” system. They’re paid a flat free for every test or procedure they perform, regardless of whether those services actually improve their patients’ health. Now, the administration wants to shift the program so that more of its payments are tied to health outcomes.

Essentially, that means providers will be rewarded for keeping their patients healthy, and penalized for unnecessary services that don’t advance that goal. Proponents of payment reform are encouraged by the move — which they see as a serious step toward creating a health care system that’s based on the value, rather than the sheer volume, of services. The Affordable Care Act has been slowly moving in this direction over the past few years. The health law created alternative payment models — called “Accountable Care Organizations,” or ACOs — to incentivize providers to work together to improve patient care and cut down on costs. So far, there’s been some evidence that ACOs are successfully improving the quality of health care for Medicare patients. Some are also starting to generate cost savings. If ACOs save enough money, the participating providers earn bonuses, a goal that about a fourth of of them hit last year.

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02
Dec
14

The President’s Day

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President Barack Obama speaks at the National Institutes of Health in Bethesda, Md., about the fight against Ebola. The president is highlighting advances in research for an Ebola vaccine and pushing Congress to approve his request for $6.2 billion to confront the disease abroad and to secure against its spread in the United States

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 President Barack Obama tours the Vaccine Research Center with Dr. Nancy Sullivan, U.S. Secretary of HHS Sylvia Burwell, and Dr. Anthony Fauci to talk about Ebola, during a visit to the National Institutes of Health in Bethesda, Maryland

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