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Thursday, September 20, 2012

Health Care

News                                                                                                                             
CNN Money | Two million more expected to pay penalty under Obamacare
Congress' official scorekeeper said Wednesday that roughly two million more Americans will pay penalties under President Obama's health care law for lacking insurance than had previously been estimated.

Econ Comments & Analysis                                                                                            
CBO | Payments of Penalties for Being Uninsured Under the Affordable Care Act
Beginning in 2014, the Affordable Care Act (comprising Public Law 111-148 and the health care provisions of P.L. 111-152) requires most legal residents of the United States to either obtain health insurance or pay a penalty tax.
Real Clear Markets | The Emerging Obamacare Truth Is Disarray
A remarkable truth about Obamacare is how many aspects of its initial programs and initiatives are already in disarray.
Politico | Medicare Advantage shrugs off cuts
The Obama administration is declaring a small victory on Medicare: The private Medicare Advantage plans haven’t been hurt by “Obamacare” after all.
CRS | Medical Loss Ratio Requirements Under the Patient Protection and Affordable Care Act (ACA): Issues for Congress
The 2010 Patient Protection and Affordable Care Act (ACA, P.L. 111-148, as amended) requires certain health insurers to provide rebates to their customers for each year that the insurers do not meet a set financial target called a medical loss ratio (MLR).

Blogs                                                                                                                             
Tax Foundation | ObamaCare "Penalty Tax" Now Estimated to Hit 6 Million Mostly Low- and Middle-Income Americans
The Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) have updated their estimates of how many people will have to pay the “penalty tax” for not complying with the ObamaCare individual mandate to buy health insurance