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Friday, May 15 2015

Full Issue

Contractor Tapped With Healthcare.gov Rescue Says Its Work Is Done

The Wall Street Journal reports that government contractor Optum says it has achieved its goal of making the federal health exchange a stable and reliable platform. Other news outlets examine findings from the International Foundation of Employee Benefit Plans on the health law's Cadillac tax, as well as Families USA on issues of affordability.

The contractor tapped to rescue the flailing HealthCare.gov in the fall of 2013 declared its work finished Thursday and said it doesn鈥檛 plan to continue overseeing the website that sells subsidized insurance to millions of Americans as part of the federal health law. 鈥淗aving achieved the goal of making HealthCare.gov a stable and reliable platform for people seeking coverage, Optum will not rebid to continue the role of senior adviser,鈥 said Matt Stearns, a spokesman for the company, the technology unit of insurer UnitedHealth Group. 鈥淥ur job has been completed.鈥 (Radnofsky, 5/14)

Nearly two-thirds of companies facing a new ObamaCare tax say they are changing their coverage to avoid the extra costs, according to a new survey. The so-called Cadillac tax, which applies to healthcare plans above a certain expense threshold, is one of the most pressing changes still to come under ObamaCare, according to a survey of about 600 members of the International Foundation of Employee Benefit Plans. (Ferris, 5/14)

More than 1 in 4 adults who bought insurance for themselves or their families last year had to skip needed medical care because they couldn't afford it, according to a study released Thursday by Families USA, a consumer health group. Some signed up for coverage on the new health insurance exchanges under the Affordable Care Act and received financial assistance to help pay their premiums and some of their out-of-pocket costs. Others bought their plans directly from insurance companies. (Sun, 5/14)

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