A non-profit 501(c)(3) premium and copayment foundation
In the Health Reform Update for the past week, the Medicare trustees predict that the program will remain solvent through 2030 but warn of the potential for 52 percent premium hikes next year under Medicare Part B.
Preliminary figures from the Internal Revenue Service (IRS) show that about 7.5 million Americans are paying a $200 average tax penalty for not obtaining health insurance they can afford in 2014. A Senate Republican requests an IRS investigation into why roughly 710,000 recipients of Affordable Care Act (ACA) premium tax credits are not filing their required tax returns to reconcile potential overpayments.
The lead contractor for the Maryland Health Benefit Exchange agrees to repay $45 million for the botched rollout of the web portal that caused Maryland to import new technology from Connecticut. Republican leaders in Utah finally reach a “conceptual” agreement on how to expand Medicaid under the ACA, although most details remain behind closed doors.
You can find the full Health Reform Update here and visit our Advocacy page if you are interested in joining the PSI Patient Coalition.