Los Angeles Times Reports, Obamacare Subsidies On Track To Cost Billions This Year

(via Los Angeles Times)

So, about all those subsidies for health insurance that fueled approximately 8 million sign-ups for coverage under the Affordable Care Act. They are on track to cost us billions of dollars this year, a new federal report indicates.

Nearly nine in 10 Americans who bought healthcare coverage on the federal government’s healthcare marketplaces received government assistance to offset their premiums.

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Major Insurance Conglomerate To Raise Rates By Double Digits

WellPoint surprised industry experts when it announced it will likely seek “double-digit plus” rate hikes. Insurers still have two months before they must submit their 2015 rates, so WellPoint’s prediction could impact other insurers’ rate-setting plans, Bloomberg reported.

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If 1 in 25 Hospital Patients Get An Infection, Then Let’s Keep People Out Of The Hospital

Healthcare technology continues to advance, but the CDC has new estimates on where infection rates aren’t falling — hospitals.

About one in 25 hospital patients in the U.S. pick up an infection during their care, according to a new estimate from the federal Centers for Disease Control and Prevention.

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