The true costs of ObamaCare continue to rise, as budget projections under the healthcare law are being understated by as much as $50 billion per year, according to a new report from Cornell economist Richard Burkhauser and his colleagues from Cornell and Indiana University. This alarming revelation is due to official budget forecasts that neglect to account for employees’ spouses and children — which could result in hundreds of billions more in taxpayers’ dollars over the next 10 years.
Religious groups and pro-life advocates denounced a new ObamaCare mandate requiring health insurance plans to cover birth control and other "preventive care" services for women, with no co-pays. Drafted by the Institute of Medicine and announced last week by the U.S. Department of Health and Human Services, the new requirements will take effect on or after August 1, 2012.
New health insurance requirements announced by the Obama administration on Monday will force health insurance plans to cover birth control and voluntary sterilization — with no co-pays — as preventive care for women. The U.S. Department of Health and Human Service disclosed that the new guidelines, drafted by the Institute of Medicine, will take effect on or after August 1, 2012, and they are expected to apply to both individual and employer-based insurance plans.
Give Florida Gov. Rick Scott and his fellow Republicans in the state legislature credit. When they say they aren’t going to implement ObamaCare, they mean it — even if it costs their state millions of dollars in federal grants.
A report released by the Institute of Medicine (IOM) calls for a sweeping overhaul of U.S. medical device regulation, challenging the FDA to broaden government oversight and enact stricter approval standards for thousands of devices — ranging from artificial hip and knee joints to bypass-surgery devices.