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Steve Rattner: GOP doesn't talk about dismantling Obamacare but they're doing it piece by piece
MSNBC· 2025-09-25 11:51
Well, right now the White House is telling federal agencies to prepare for another possible round of mass firings unless Congress can pass a measure by the end of Tuesday, which is when government funding is set to expire. As we said, one point of contention dividing the two parties is funding for healthcare. For more on that, let's bring in former Treasury official and Morning Joe economic analyst Steve Ratner.Steve, your first chart takes us through projections on how many Americans could lose their healt ...
Can A 59 1/2 Year Old Retire With A $900K 401(k)? Here's How It Can Possibly Work
Yahoo Finance· 2025-09-23 14:01
Many people work for decades, hoping that they can retire when the time arrives. One Redditor recently turned 59 1/2 years old and wants to retire. This individual doesn't have millions of dollars in the bank and shared a post on Reddit that details their situation. A $900,000 401(k) and $400,000 in cash are his main liquid assets. A fully paid-off home and a pension that will bring in $1,000 per month are the other highlights. Redditors debated if it was possible for the 59 1/2 year old to retire. Don't ...
The $4 Million Surprise: Ohio Mom Learns the True Cost of Having Quadruplets
Yahoo Finance· 2025-09-22 16:01
For Hannah Castle, an Ohio mom of premature quadruplets, the reality of the U.S. healthcare system was laid bare in a $4.04 million hospital stay. In a TikTok post against a backdrop of itemized bills, Castle details how long each of her four babies — Atlas, Magnolia, Morgan and Dominic — stayed in the hospital's neonatal intensive care unit (NICU) and the cost for each child. "This is not including the delivery," Castle said. Don't Miss: The quadruplets’ hospital stays ranged from 64 days to 147 days, ...
X @Investopedia
Investopedia· 2025-09-21 02:00
The latest battle over the government budget could determine whether you can afford health insurance in the years ahead. https://t.co/NNoOGTEfyy ...
X @Investopedia
Investopedia· 2025-08-08 16:00
Enrollees in Affordable Care Act-regulated health plans will likely see sharply higher premiums next year after insurers requested the largest premium rate increase since 2018. https://t.co/TQ2pMKwsaT ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-02 02:53
From @WSJopinion: Health-insurance companies have long dictated which doctors Americans can consult, trapping patients in narrow networks and red tape. Trump’s One Big Beautiful Bill Act breaks that monopoly, write @BobbyJindal and @CharlieKatebi. https://t.co/Gq0OqLVOjY ...
BAD NEWS FOR TRUMP: Democrats get their wish as Roy Cooper enters North Carolina Senate race
MSNBC· 2025-07-29 03:20
>> JACKPOT PARTY. >> A. >> PARTY IN.>> EVERY SPIN. >> IF THE DEMOCRATS WANT TO HAVE ANY CHANCE AT RETAKING THE US SENATE NEXT YEAR, WHICH IS AN ABSOLUTELY CRUCIAL TASK IN TERMS OF, I DON'T KNOW, NOT ONLY THE DEMOCRATIC PARTY'S FUTURE PROSPECTS, BUT MAYBE THE REPUBLIC'S FUTURE PROSPECTS. IF THE DEMOCRATS WANT ANY CHANCE AT RETAKING THE SENATE, THEY WILL ALMOST CERTAINLY NEED TO WIN THE SENATE RACE IN THE GREAT STATE OF NORTH CAROLINA.NOW, THAT IS A STATE WHERE A DEMOCRAT HASN'T WON A SENATE RACE SINCE 2008, ...
Medicaid Covers 1 out of 5 Americans. How Did It Get So Big? | WSJ
The Wall Street Journal· 2025-07-17 14:26
Medicaid Overview - Medicaid covers nearly a quarter (25%) of Americans and costs over $800 billion [1] - Medicaid initially started small but has expanded significantly over time [1][5] - Medicaid's funding logic, involving federal assistance to states, has made it both contentious and prone to expansion [6] - Each state's Medicaid program is unique, tailored to its population [7] Healthcare Coverage in the US - Most working-age adults obtain insurance through employers, while others rely on public programs like Medicaid and Medicare [9] - The Affordable Care Act (ACA) created the healthcaregov marketplace, offering tax credits to make insurance affordable for those ineligible for Medicaid but lacking employer coverage [10] - The US healthcare system is described as "patchwork," with recent years seeing record lows in the number of uninsured individuals [10] Potential Impact of Policy Changes - Proposed changes are estimated to cause 87 million (8700000) people to become uninsured due to work requirements and administrative barriers [11] - An estimated 42 million (4200000) people could lose coverage because tax credits for the marketplace are not being extended, making it unaffordable [11] - Medicaid has grown to fill gaps in employer-based coverage, but this gap is now expected to widen [12]
X @The Economist
The Economist· 2025-07-17 12:20
Under the One Big Beautiful Bill, the federal government will spend 15% less on Medicaid over the next decade, totalling $1trn. An estimated 10.9m people could lose health insurance. There will be less quantifiable changes, too https://t.co/GvQSbrS4Vr ...
'Incredibly cynical': Governor shreds Trump law for potential to cause 138,000 to lose Medicaid
MSNBC· 2025-07-11 13:07
Medicaid Coverage & Healthcare Access - Congressional Budget Office estimates 138,000 to 175,000 Connecticut residents could lose Medicaid coverage due to the new legislation [1][2] - The legislation may cause families, including veterans with 100% disability, to lose healthcare coverage and SNAP benefits, potentially impacting their ability to afford groceries [3] - Urban and rural hospitals in Connecticut, particularly those heavily reliant on Medicaid reimbursements, may face potential closures or service cuts [8][9][10] - Cutting healthcare access leads to increased uncompensated care costs as people delay treatment and rely on emergency rooms [12] State & Federal Fiscal Impact - The federal government is cutting $50 million from after-school programs and reducing fresh produce availability at food banks [5] - The federal deficit is projected to increase by $3 trillion to $5 trillion [5] - Connecticut has set aside approximately $4 billion in a "rainy day fund" to protect vulnerable populations from potential cuts in Medicaid and education spending [17] Political & Electoral Implications - The Trump administration's policies may disproportionately affect working-class individuals who supported President Trump, creating a need for justification of the policies [16] - Republican governors may face challenges in addressing the impact of these cuts on their constituents, many of whom voted for President Trump [13][15] - Blue states may be more affected by Medicaid cuts compared to red states, which received $50 billion for their hospitals [11]