February 26, 2014 |
The average premium paid for Obamacare coverage on a leading insurance website has dropped by nearly $100 a month since October as more young people sign up, a new industry report shows. The average age of people buying coverage at online broker EHealthInsurance.com dropped from 44 mid-October to 36 in late February, according to the company. The average premium for 2014 health plans sold through EHealth tumbled from $370 a month to $273 over that period, which the company said reflects a higher proportion of younger applicants.
February 4, 2014 |
WASHINGTON - In a rare display of bipartisanship, Congress gave final approval Tuesday to a nearly $1-trillion farm bill, a hard-fought compromise that sets policy over agricultural subsidies, nutrition programs and the food stamp safety net for the next five years. The Senate approved the measure, 68-32, as a cross-section of farm state senators from both parties fought opposition from budget hawks and some liberals and sent the bill to the White House for President Obama's signature.
January 15, 2014 |
WASHINGTON - A federal judge Wednesday emphatically rejected a last-ditch challenge to President Obama's healthcare law, ruling that the Affordable Care Act allows low-income Americans to get government subsidies to buy health coverage no matter what state they live in. Critics of the law argued that the statute, passed by Congress in 2010, limited these subsidies to consumers in states that operate their own insurance marketplaces. Only 14 states do that; the remaining 36 rely on the federal government to run their marketplaces, or exchanges.
December 26, 2013 |
When you're spending a reported $51 billion to host the most costly Olympics ever, what's another $50 million added to the pile? With six weeks to go before competition begins at the 2014 Sochi Winter Games, the Russian Cabinet has allocated $50 million in extra subsidies for organizers. That brings the total amount of subsidies to $420 million, according to the RIA Novosti news service . Lawmakers gave no reason for approving the 1.6 billion rubles, but said the money will go toward the cost of hosting the Games, as opposed to the far greater amount that is being spent on infrastructure as organizers scramble to finish constructing venues, accommodations, roads and railways.
December 24, 2013 |
It's a perk wireless customers have come to expect: Sign up for a two-year service contract, and get a new smartphone at a deeply discounted price or sometimes even free. But the reign of cellphone subsidies could be ending as customers demand more flexible mobile plans, forcing wireless carriers to look for alternatives to the long-standing practice. AT&T Inc. hinted this month that it was considering doing away with phone subsidies. Chief Executive Randall Stephenson said subsidizing a smartphone every two years was an expensive undertaking that he didn't think the company could afford.
October 29, 2013 |
Developments in the rollout of Obamacare are coming with dizzying speed, though not as fast as the pileup of fiction and misunderstanding created by politicians, pundits and the news media. So here's a list of the latest themes you're hearing on America's healthcare reform, and what they mean. 1. Obama "knew" that people would lose their health insurance. This story, chiefly promoted by NBC News , reflects the Washington media's eternal search for scandal, abetted by every politician's instinct to reduce even the most complicated ideas to a sound byte.