Posts Tagged ‘ ObamaCare ’

ObamaCare is the welfare state’s requiem

August 22, 2016
posted by

Jeffrey Tucker Foundation for Economic Education
by Jeffrey A Tucker  

"The entire welfare state is a long history of slow-motion crises that took a long time to unfold. Decades went by before it became obvious that Social Security wasn't really an insurance program but rather a transfer from the young to the old. The money wasn't even saved. It was just moved. And so it was with Medicaid -- completely unsustainable -- and food stamps. This is corporate welfare, not really a help for the poor. And foreign aid was the same; it seemed like a good idea, but decades later we know that it is wasteful and destructive. Obamacare was different. The crowning achievement became a crown of thorns. None of the predictions came true; just the opposite, in fact. Millions lost their coverage and premiums have soared for nearly everyone. ... So unpopular has it proven to be that Obama is afraid even to bring it up." (08/19/16)

https://fee.org/articles/obamacare-is-the-welfare-state-s-requiem/  

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The return of the ObamaCare death spiral

August 18, 2016
posted by

Peter Suderman Reason
by Peter Suderman  

"We know what a health insurance death spiral looks like because we've seen them before, in states such as New York, New Jersey, and Washington. The experience in those states varied somewhat, but they all shared several essential qualities: The states put in place regulations requiring health insurers to sell to all comers (guaranteed issue), and strictly limiting the ways that insurance could be priced based on individual health history such as preexisting conditions (community rating). As a result, insurers ended up with large numbers of very sick customers who were very expensive to cover. Because they were subject to limits on how they could price health history, they responded by signficantly raising premiums for everyone. The new, higher premiums caused the healthiest, most price sensitive people to drop coverage entirely, which caused insurers to raise premiums further, resulting in yet more individuals dropping coverage, and so on and so forth, until all that remained was very small group of very sick, very expensive individuals." (08/17/16)

http://reason.com/blog/2016/08/17/the-return-of-the-obamacare-death-spiral  

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This is how the ObamaCare story will end

August 17, 2016
posted by

Cathy Reisenwitz Foundation for Economic Education
by Cathy Reisenwitz  

"Obamacare's coverage mandates force insurance companies to stop being insurers and start being cost-pools. That means we all pay for our healthcare with other people's money. The result is entirely predictable: Higher prices. You can't have higher prices on the same incomes indefinitely. Unfortunately, taking money from some people and giving it to others doesn't make more of it. The people who were supposed to make the system work, the young and healthy, have refused to pay for insurance they can't afford and don't need. The ACA was supposed to guarantee that every American could afford health insurance. Instead, it made healthcare and insurance more expensive." (08/17/16)

https://fee.org/articles/this-is-how-the-obamacare-story-will-end/  

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Another ObamaCare architect recognizes its unintended consequences

August 4, 2016
posted by

John R. Graham Independent Institute
by John R Graham  

"Dr. Kocher joins Dr. Zeke Emanuel as another Obamacare architect who has realized giving the federal government this much power to shape the heath system is not having the outcome he anticipated. Back in 2009 and 2010, Dr. Kocher believed that the consolidation of physicians and hospitals into large health systems would lead to higher-quality care at lower cost. As Dr. Kocher notes, the systems are consolidating, but they are not hitting cost and quality targets. Instead, smaller, physician-led practices do better at such improvements. Now that he is a professional investor in medical innovation, Dr. Kocher sees something that was not apparent when he worked in government." (08/04/16)

http://blog.independent.org/2016/08/04/another-obamacare-architect-recognizes-its-unintended-consequences/  

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ObamaCare and Net Neutrality are doing exactly the damage their opponents predicted

August 2, 2016
posted by

Seton Motley Heartland Institute
by Seton Motley  

"ObamaCare and Net Neutrality opponents both warned of loss of private sector investment/participation in the respective sectors. Because government is toxic -- and for the private sector, coming into contact with it is lethal. As government expands, the private sector retracts -- to get out of government's way, and to limit as much as possible its exposure. Has that happened? It has with ObamaCare. Major Health Insurance Companies Leave Obamacare Exchanges: 'The companies' refusal to participate in the exchanges is only the latest development in a long string of setbacks that make implementation of Obamacare on schedule almost impossible.' And Net Neutrality? The government has imposed on the Internet 1934 law written to regulate a landline telephone monopoly. Of course, if you regulate an uber-vibrant, multi-provider sector under monopoly law -- you'll end up with a monopoly." (08/02/16)

http://blog.heartland.org/2016/08/obamacare-and-net-neutrality-are-doing-exactly-the-damage-their-opponents-predicted/  

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ObamaCare’s $250 million bribery scheme

June 21, 2016
posted by

The American Spectator
by David Catron  

"Shortly following last week's revelation that Obamacare premiums will spike yet again in 2017, the Centers for Medicare and Medicaid Services (CMS) announced that it would offer $22 million in grants to state insurance officials to enforce 'compliance with Affordable Care Act key consumer protections.' The Obama administration will, in other words, bribe state regulators to impose price controls on insurers selling coverage through Obamacare exchanges. Where did CMS get the $22 million? From a multi-million dollar slush fund the federal government has quietly used to control state insurance departments over which it has no legal authority. This money, as CMS puts it, 'is part of $250 million in state rate review grants the Affordable Care Act provided to improve the process for how states review proposed health insurance rate increases and hold insurance companies accountable for unjustified hikes.'" (06/21/16)

http://spectator.org/obamacares-250-million-bribery-scheme/  

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White House bribes states to forcibly keep ObamaCare’s price effects from manifesting

June 16, 2016
posted by

The Hill The Hill    

"The White House is urging states to be more aggressive against health insurance companies as it looks to prevent expected and widespread premium hikes of 10 percent or more this year. The federal health department announced Wednesday that it will dole out about $22 million to boost state-level 'rate reviews,' considered one of the strongest weapons against premium increases. Under the system, health insurers are required to justify rate increases to state insurance departments, some of which have the power to reject 'unreasonable' increases. With the new funding, federal health officials hope states can hire outside insurance experts to dig deeper into the proposed rates and prove the hikes are unjustified." (06/15/16)

http://thehill.com/policy/healthcare/283617-states-receive-22m-to-help-control-obamacare-premium-hikes  

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Insurer sues feds over shortfall in ObamaCare payments

June 4, 2016
posted by

The Hill The Hill    

"Blue Cross Blue Shield of North Carolina is suing the federal government over certain ObamaCare payments it says it is owed. The move is a sign of growing calls from insurers to recoup the funds they say they are owed under ObamaCare's 'risk corridor' program. That program was designed to cushion insurers from heavy losses in the early years of the law by redistributing money from insurers with low claims costs to those with high claims costs. But not enough money came into the program, and the government was only able to pay out 12.6 percent of what insurers should have received." (06/03/16)

http://thehill.com/policy/healthcare/282102-insurer-sues-feds-over-shortfall-in-obamacare-payments  

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Heartland Daily Podcast, 04/13/16

April 14, 2016
posted by

Heartland Institute Heartland Institute
by  

"In today's Health Care News Podcast, Brian Blase, senior research fellow at the Mercatus Center at George Mason University, joined Health Care News Managing Editor Michael Hamilton to discuss the disparity between promises many Americans were told the Affordable Care Act (ACA) would fulfill, and the stunning reality three years into the ACA's implementation and six years after President Barack Obama signed the ACA into law." (04/13/16)

http://blog.heartland.org/2016/04/heartland-daily-podcast-brian-blase-obamacares-broken-promises/  

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ObamaCare’s unintended consequences: People buy short-term policies

April 13, 2016
posted by

John R. Graham Independent Institute
by John R Graham  

"Obamacare has driven individual health insurance premiums up so high that people are forgoing comprehensive health coverage in favor of short-term policies .... Sales of these policies have doubled or more since 2014, according to sources cited by Ms. Mathews. This surely feeds into the problem that Obamacare enrollees are sicker than expected: The healthy candidates are choosing these policies." (04/13/16)

http://blog.independent.org/2016/04/13/obamacares-unintended-consequences-people-buy-short-term-policies/  

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ObamaCare again?

March 28, 2016
posted by

Cato Institute Cato Institute
by Ilya Shapiro and Josh Blackman  

"In what has become a spring tradition, Obamacare returns to the Supreme Court this month, the fourth time in five years. Fortunately for the religious nonprofits challenging the law's contraceptive mandate -- including the Little Sisters of the Poor, a monastic order that cares for impoverished elderly -- the results of the Court's second and third encounters with the act can together answer their prayer for relief." (03/28/16)

http://www.cato.org/publications/commentary/obamacare-again  

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ObamaCare website still vulnerable to hackers, federal watchdog warns

March 24, 2016
posted by

Fiscal Times    

"Federal officials have been lucky until now, but the Affordable Care Act's Internet web portal could become a hacker's playground -- with plenty of sensitive data compromised -- without a significant tightening of security, according to a new report by the Government Accountability Office. The new warning comes on the sixth anniversary of the enactment of the ACA and addresses security problems related to the personal information -- including names, addresses, Social Security numbers and sensitive income and tax details -- of literally millions of Americans who have enrolled in the insurance program online through HealthCare.gov." (03/24/16)

http://www.thefiscaltimes.com/2016/03/24/Obamacare-Website-Still-Vulnerable-Hackers-Federal-Watchdog-Warns  

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Kansas embracing ObamaCare?

March 20, 2016
posted by

Campaign For Liberty Campaign For Liberty
by Blake Branson  

"You are paying the health insurance bills for 97% of Obama's 'newly insured.' And if some Kansas legislators get their way, you'll be paying for even more. ObamaCare stooges swore their scheme would bring prices down, since 'everyone would have to pay something in.' But only 3% of the 'newly insured' are actually paying into this boondoggle." (03/18/16)

http://www.campaignforliberty.org/kansas-embracing-obamacare  

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ObamaCare’s death panel: Deferred, but not dismissed

March 16, 2016
posted by

John R. Graham Independent Institute
by John R Graham  

"Soon after Associate Justice Antonin Scalia passed away on February 13, Senate Republicans felt the need to declare that they would not even entertain the thought of holding confirmation hearings for any candidate President Obama might nominate to the Supreme Court in the last eleven months of his second term. Given the high drama and politics surrounding presidential appointments that require Senate confirmation, it might be a good time to ask why another 15-member 'court,' which President Obama himself established in 2010, and which was supposed to deliver its first decision in January 2014, has not yet seen its first member nominated! This 'court' is the almost forgotten 'death panel,' officially named the Independent Payment Advisory Board (IPAB)." (03/16/16)

http://blog.independent.org/2016/03/16/obamacares-death-panel-deferred-but-not-dismissed/  

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ObamaCare co-ops lost millions in 2015; some expect 2016 profits

March 13, 2016
posted by

Knoxville News Sentinel    

"The Affordable Care Act's health insurance co-ops absorbed deep financial losses last year, and 2016 is shaping up to be a make-or-break year for these nonprofit alternatives to traditional insurers. But it's too late for the Knoxville-based Community Health Alliance, which shut down at the end of 2015 after state officials said its 'financial success could not be guaranteed.' Heading into their third full year of operation, the remaining co-ops are adding customers and improving their coverage, but they also face the end of some government programs designed to support insurers as they build business on the ACA's public insurance exchanges. They will have to determine soon whether their businesses can stand on their own and compete with more established carriers." (03/12/16)

http://www.knoxnews.com/business/health-co-ops-lost-millions-in-2015-some-expect-2016-profits-2dc83073-3d14-2b2e-e053-0100007ffb45-371834441.html  

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Believe it or not, the Republican ObamaCare replacement plan might come together

February 18, 2016
posted by

John R. Graham National Center for Policy Analysis
by John R Graham  

"Earlier this month, Speaker Paul Ryan announced six task forces, each comprised of House Committee Chairmen, to develop a 'bold, pro-growth agenda.' What was remarkable was that one of the task forces was on health care reform. Many had thought Congressional Republicans were investing too much time and energy grandstanding Obamacare repeal, and not enough developing a credible alternative. That may have changed with the selection of four Committee Chairman to the Health Care Reform Task Force." (02/17/16)

http://healthblog.ncpa.org/believe-it-or-not-the-republican-obamacare-replacement-plan-might-come-together/  

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ObamaCare exacerbates the tragedy of the healthcare commons (can we do better?)

February 16, 2016
posted by

National Center for Policy Analysis National Center for Policy Analysis
by Devon Herrick  

"Taxpayers' goodwill, their willingness to pay and ability to pay for other peoples' medical care is a finite resource. From this everyone uses a little (and yet often pays out of pocket), while a few gorge from the community trough, with little regard for what they spend. As a society, we could spend our entire GDP on health care and still not cure every disease or achieve immortality. The logical question is: how much is enough?" (02/15/16)

http://healthblog.ncpa.org/obamacare-exacerbates-the-tragedy-of-the-healthcare-commons-can-we-do-better/  

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Ted Cruz should make the case for telemedicine

February 10, 2016
posted by

Cato Institute Cato Institute
by Shirley Svorny  

"Ted Cruz won Iowa's Republican presidential caucus promising to repeal every word of Obamacare. When pressed for details, he said he would separate insurance from employment, expand the use of health savings accounts, and allow people to purchase insurance across state lines. These are good ideas, ones we've heard before. There are, however, a number of other policy initiatives worthy of attention, whether the Affordable Care Act is repealed or not. There's one simple thing Congress could do that would expand access to high-quality care, especially for patients in rural areas, without costing taxpayers a dime." (02/09/16)

http://www.cato.org/publications/commentary/ted-cruz-should-make-case-telemedicine  

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ObamaCare’s Robin Hood scheme and the socioeconomics of health

February 9, 2016
posted by

National Center for Policy Analysis National Center for Policy Analysis
by Devon Herrick  

"Obamacare is a bad deal for most people by design. Most individuals have few health concerns. For instance, about half the population spends less than $500 annually on medical care. For a decade prior to the ACA I often heard liberal public health advocates chant the imbecilic phrase, 'health coverage won't be affordable until everyone has coverage.' What they meant by that was if insurers were required to cover money-losing customers at rates that did not reflect their costs, new regulations would have to force healthier individuals to purchase coverage that was overpriced compared to their health costs. Thus, at its core Obamacare is a wealth redistribution scheme." (02/08/16)

http://healthblog.ncpa.org/ohamacares-robin-hood-scheme-and-the-socioeconomics-of-health/  

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Section 1332, where are you?

February 8, 2016
posted by

John R. Graham Independent Institute
by John R Graham  

"People are starting to get excited about another Obamacare work-around: The section 1332 waiver. This refers to a section of Obamacare that allows states great flexibility in how they deliver Obamacare within their borders. The curious thing about section 1332 waivers is that they can only be issued as of January 1, 2017. Why? Why not allow states to get section 1332 waivers as of October 2010, when Obamacare's first regulations took effect? Or January 2014, when the gushers of tax credits began to flow through the exchanges? Who knows? Maybe the administration just thought they needed a few years for the cement around Obamacare to solidify." (02/08/16)

http://blog.independent.org/2016/02/08/section-1332-where-are-you/  

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Want to cut health care costs? Get insurers out

January 29, 2016
posted by

Cato Institute Cato Institute
by Jeffrey A Singer  

"The federal Centers for Medicare and Medicaid Services reported last month that total health care spending in 2014 -- the first full year under President Obama's health care law -- rose by 5.3 percent. That's the largest single-year increase since 2007. ... the Affordable Care Act's central tenets -- mandating that everyone have insurance and requiring that insurance cover more -- is exactly what's causing the problem. That's because the law's goal of increasing insurance coverage is misplaced. Putting an insurance card in everyone's hand does nothing to address rising health care costs. It merely inserts a third party between you and your health care provider." (01/28/16)

http://www.cato.org/publications/commentary/want-cut-health-care-costs-get-insurers-out  

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National healthcare didn’t start with president Obama

January 27, 2016
posted by

TJ Martinell Tenth Amendment Center
by TJ Martinell  

"Obamacare's conservative critics are right about the program's intrusive, inefficient, and costly aspects, but they need to keep in mind that the 'crown jewel' of President Obama's eight years in the Oval Office was the culmination, not the beginning, of unconstitutional nationalized medicine. The feds first got involved in the healthcare industry over 80 years ago with the Social Security Act, signed into law in the 1930s during FDR's administration. This created both the Social Security system, as well as the Social Security Administration." (01/26/16)

http://tenthamendmentcenter.com/2016/01/26/national-healthcare-didnt-start-with-pres-obama/  

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Hillary Clinton shouldn’t be so proud of the Affordable Care Act

January 21, 2016
posted by

Veronique de Rugy Reason
by Veronique de Rugy  

"During the Democratic presidential debate, former Secretary of State Hillary Clinton mentioned that as president she would build on President Obama's signature health care plan. The Affordable Care Act 'is one of the greatest accomplishments of President Obama, of the Democratic Party, and of our country,' she added. I beg to differ." (01/21/16)

http://reason.com/archives/2016/01/21/hillary-clinton-shouldnt-be-so-proud-of  

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US House GOP issues subpoena for ObamaCare docs

January 21, 2016
posted by

The Hill The Hill    

"House Republican committee chairmen on Wednesday subpoenaed Treasury Secretary Jack Lew for documents related to ObamaCare payments that Republicans say are unlawful. House Energy and Commerce Chairman Fred Upton (R-Mich.) and House Ways and Means Committee Chairman Kevin Brady (R-Texas) issued the subpoena for Lew and three IRS officials to produce documents related to financial help for people under ObamaCare known as 'cost sharing reductions.' The lawmakers are issuing the subpoena after repeatedly requesting the information throughout 2015 but being rebuffed by the administration." (01/20/16)

http://thehill.com/policy/healthcare/266534-house-gop-issues-subpoena-for-obamacare-docs  

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Guess who pays the “slacker mandate?” Workers with no kids!

January 15, 2016
posted by

John R. Graham Independent Institute
by John R Graham  

"The 'slacker mandate' is the provision in Obamacare requiring employer-based health plans to offer benefits to adult dependents of their workers, up to age 26. I have discussed research showing that the mandate reduced work among adults, aged 19 to 26, and increased the time they spend socializing, sleeping, and exercising. What about the financial costs of the mandate? Speak to an insurance agent or benefits consultant and they will tell you the cost[s] are fully borne by working parents." (01/14/16)

http://blog.independent.org/2016/01/14/guess-who-pays-the-slacker-mandate-workers-with-no-kids/  

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