U.S. watchdog gives IRS high marks on Obamacare eligibility data – Yahoo News
The nearly 11,000 pages of regulations for this one law alone would reach three feet high if you made the mistake of printing it. However the then infamous speaker of the House of Representatives, Nancy Pelosi, had the audacity of telling congress “But we have to pass the [health care] bill so that you can find out what’s in it. …” In my mind this serves to exemplify just how appalling our elected officials have become. It appears they’re only interested in their own political careers and reelections and could care less about their true responsibilities of crafting well thought out and meaningful legislation that can stand in a court of law. It in fact reflects their lack of attention, and sheer incompetence, about accomplishing why they were sent to Washington, D.C. – to represent we their constitutes, the people who pay their salaries and generous benefits.
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Partners posts $34M loss | Boston Herald
The Massachusetts Association of Health Plans yesterday warned Partners is hardly alone in suffering losses related to the states failed implementation of Obamacare. Health plans losses had already been accelerating because of unexpectedly high medical and pharmaceutical costs, said president Lora Pellegrini. Compounding this is the failure of the states website, the creation of temporary coverage and the unbudgeted costs the (managed care organizations) have incurred to support the IT and operational requirements needed to ensure that residents have access to coverage during open enrollment this coming November. Pellegrini added the costs go beyond any reasonably budgeted losses the health plans could absorb. They are increasingly being asked to do much more with much more limited resources, she said. They cannot continue to sustain year-over-year losses of this magnitude. Partners, meanwhile, also blamed its quarterly loss on an influx of 61,000 additional MassHealth patients to Neighborhood Health who generated substantially higher medical claims, leading to a cost increase of $28 million. Partners attributed $10 million in costs to a breakthrough Hepatitis C drug that the state has not yet agreed to cover. Markell called on state officials to increase rates.
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It said the agency received 101,018 requests for income and family size verification from health insurance exchanges from Oct. 1 to Oct. 4, 2013 and provided accurate responses on 100,985. The IRS incorrectly told exchange officials that it could not provide tax information for individuals in 33 cases because it could not match the applicants’ names to IRS records. It accurately calculated the maximum monthly tax credits for 120,824 requests received between Oct. 1 and Oct.
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