Four million Americans paid $2.8 billion in Obamacare penalties for not having health insurance on target year 2016 returns through April 27, 2017, according to data from the Taxpayer Advocate Service, a division of the Internal Revenue Service.
An estimated $72 million in Medicaid payments were made to potentially ineligible beneficiaries in Kentucky, according to an audit from the agency’s inspector general.
Sen. Bernie Sanders (I., Vt.), who is up for reelection in 2018, authored an op-ed Monday on why Medicare-for-all is good for business, ahead of a campaign speech in Indianapolis today on jobs and the economy.
A majority of Americans say that taxes are too high and the tax code is too complex, according to a poll from the American Action Network.
The unemployment rate for young people aged 16 to 24 years old looking for summer work declined to a 17-year low, according to data from the Bureau of Labor Statistics.
The Affordable Care Act Enrollment Assistance Program helped 14,500 individuals enroll in the Obamacare exchanges, which represented only 0.007 percent of the 1.9 million individuals who decided to drop their Obamacare plan in 2017.
The Affordable Care Act’s cost-sharing reduction payments will continue to be funded through August despite claims that they were unconstitutional, CNBC reported.
Reducing some of government’s regulatory agencies’ authority could boost economic growth and increase job creation, according to the Competitive Enterprise Institute’s report Shrinking Government Bureaucracy.
Eliminating the Affordable Care Act’s cost-sharing reduction payments will cause premiums to increase by 20 percent next year and may cause some insurers to withdraw from the exchanges, according to a report from the Congressional Budget Office.
Health insurers now have three more weeks to decide on whether or not to offer coverage through the Obamacare exchanges, after the Trump administration extended the deadline, National Public Radio reported.