Don't forget 'unsubsidized' business owner

Thursday, December 28, 2017
 | 
Chris Woodward (OneNewsNow.com)

Sorry, we're closedThere has been a lot of talk about the latest enrollment numbers for ObamaCare but one analyst says don't forget about self-employed Americans.

According to the Centers for Medicare & Medicaid Services (CMS), 8.8 million people enrolled in 2018 Obamacare plans between November 1 and December 15.

That's down slightly from the previous year's enrollment period but it's still being viewed as a positive because the 2018 enrollment period was the shortest thus far.

"What hasn't been discussed is there's a world outside the exchanges – the rest of the individual market," says Ed Haislmaier of The Heritage Foundation. "And that is predominantly where people - or almost exclusively - where people who make too much money to qualify for a subsidy but need coverage, say self-employed people, go."

Haislmaier

The concern is that the subsidy pool is shrinking according to data from the previous year.

"So the missing piece here," says Haislmaier, "is what's going on outside of the market to the unsubsidized middle-class population. It looks like fewer of them are having coverage."

As for the 8.8 million people enrolled for 2018, Haislmaier says it's not that surprising.

"The indications had been from 2016 that the market was settling down, that the trends were flattening," he explains. "So I didn't expect either a significant increase or significant decrease over last year. And that's kind of what we got, a sort of flattening of the line about the same as where we were last year."

Consider Supporting Us?

The staff at Onenewsnow.com strives daily to bring you news from a biblical perspective. If you benefit from this platform and want others to know about it please consider a generous gift today.

MAKE A DONATION

Comments

We moderate all reader comments, usually within 24 hours of posting (longer on weekends). Please limit your comment to 300 words or less and ensure it addresses the article - NOT another reader's comments. Comments that contain a link (URL), an inordinate number of words in ALL CAPS, rude remarks directed at other readers, or profanity/vulgarity will not be approved. More details

SIGN UP FOR OUR DAILY NEWSBRIEF

SUBSCRIBE

VOTE IN OUR POLL

If my church went against biblical teaching on sexuality and affirmed the LGBTQ lifestyle, I would ...

CAST YOUR VOTE

GET PUSH NOTIFICATIONS

SUBSCRIBE

LATEST AP HEADLINES

  Japan public TV sends mistaken North Korean missile alert
  House panel interviewing Bannon after his fall from power
4 officers hurt in shooting in South Carolina
Kids chained in Calif. house of horrors; parents arrested
Across the Mideast, Palestinians brace for Trump aid cuts

LATEST FROM THE WEB

Dozen arrested for feeding homeless in San Diego
Vicious riots at Milo event lead to legal action
Blue America keeps enrollment rolling to save Obamacare
Ohio State course reprimands white heterosexual masculinity
No, Jaylen Brown, racism is not why blacks underperform in school

CARTOON OF THE DAY

Cartoon of the Day
NEXT STORY
Pay raises coming...and slashed hours, too?

cash 100-dollar billEighteen states will see an increase in their minimum wages on January 1 but the message for workers is to hold back their excitement.