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More Than 40,000 Coloradans Impacted As Cigna Leaves Individual Market
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The Denver Gazette, Approved, State

More Than 40,000 Coloradans Impacted As Cigna Leaves Individual Market

By Marianne Goodland | The Denver Gazette Another firm is withdrawing from the individual health insurance market, including for Colorado, effective Jan. 1, 2027. The move by Cigna Healthcare is part of the company’s overall plan to withdraw entirely from the Affordable Care Act market. It will impact individual health plans for 369,000 members in 11 states, according to a company announcement on April 30. In Colorado, Cigna provides individual health insurance to 40,853 members, according to the the state’s insurance office. Cigna joins five other insurers that have pulled out of Colorado since 2022. That doesn’t include two insurers that announced they were withdrawing from the individual market last year but rescinded that announcement two months later. ...
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FRAUD ALERT: Millions of People in Zero Premium Obamacare Plans May Have Never Signed Up
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Just The News, Approved, National

FRAUD ALERT: Millions of People in Zero Premium Obamacare Plans May Have Never Signed Up

By Amanda Head | Just The News Obamacare abused by brokers to sign up millions for healthcare without their consent or knowledge. As a result, insurance companies reaped windfall profits, at the expense of taxpayers. In exchange for gift cards, millions of Americans were unwittingly signed up for Obamacare by brokers who scalped their vital information and enrolled them in plans where premiums were paid by the American people, a research group says.   "The government was sending massive checks to insurance companies who were making windfall profits on behalf of people who didn't use any health care," Brian Blase, president of Paragon Health Institute, a healthcare policy group told Just The News. A 2021-2022 expansion of Affordable Care Act subsidie...
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Insurers Made Billions Off Obamacare’s Secret Taxpayer Surplus
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Just The News, Approved, National

Insurers Made Billions Off Obamacare’s Secret Taxpayer Surplus

By Steven Richards | Just the News Subsidies were greatly expanded by the Biden administration during the COVID-19 pandemic as an emergency measure, but Democrats have fought to keep them permanent. Those subsidies went mostly to Democratic donors. The 42-day federal shutdown forced by Democrats thrust the economics of Obamacare into the limelight, and exposed an uncomfortable truth: An insurance industry whose executives are increasingly liberal donors has seen its earnings soar with the injection of taxpayer-funded subsidies that propped up Barack Obama's signature health program from collapse. The nation’s largest health insurance companies have seen good business since Obamacare was first passed in 2010 and fully implemented in 2014. This has come in no small part because of...
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