Deductibles will rise as much as 472 percent next year as Community Health Options pressures members to use cheaper in-network services.
Affordable Care Act
Posted inBusiness, Health, Maine, News
Key health insurer in Maine drops elective abortion coverage
Community Health Options, a major provider under the Affordable Care Act, says it has to cut costs in 2017, but losing that benefit could hurt some women who can’t afford to pay.
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Posted inPolitics
Trump assails spiking ‘Obamacare’ costs
He says ‘Obamacare is just blowing up’ as sharp cost increases are projected.
Posted inHealth, Nation & World, News
Average increase of 25 percent projected for insurance under Affordable Care Act
The spike applies to the 38 states that rely on the federal marketplace, including Maine.
Posted inNation & World, News
ACA enrollment will rise by 1 million next year, Obama administration projects
Such optimism contrasts with estimates by some outside analysts, who have suggested that enrollment growth will slow or even reverse in 2017 because some insurers are withdrawing and ACA prices care soaring in many parts of the country.
Posted inHealth, Nation & World, News
At least 1.4 million to lose plans as insurers quit Affordable Care Act markets
People in 32 states will be forced to find new coverage even as options shrink and prices rise.
Posted inHealth, Maine, News
Health insurance costs are surging in Maine
The combination of the Affordable Care Act and Maine’s older population will push coverage rates to unprecedented highs.
Posted inOp-eds, Opinion
Charles Krauthammer: In normal election year, Obama’s legacy would be siphoning off support for his party
Obamacare and the president’s ‘smart power’ approach to foreign policy have both been failures.
Posted inBusiness, Maine, News
Community Health Options continues to recover from $31 million loss in 2015
The Lewiston-based insurance cooperative lost $3.3 million in the second quarter, down from an $8.4 million deficit in the first quarter.
Posted inBusiness, Maine, News
Maine Bureau of Insurance approves double-digit ACA rate increases
The hikes by three insurers won’t affect most Mainers, who are eligible for federal subsidies that offset increases.