Posts Tagged ‘ ObamaCare ’

The Price is right! Trump’s choice of health secretary indicates push to repeal and replace ObamaCare

December 1, 2016
posted by

John R. Graham Independent Institute
by John R Graham  

"Donald Trump's choice of Rep. Tom Price, MD, (R-GA) as his nominee for U.S. Secretary of Health & Human Services indicates the Trump administration will make a serious effort to repeal and replace Obamacare with patient-centered health reform. After some initial signs of hesitation to try to achieve this six-year old campaign promise, Obamacare's opponents can now be confident that skilled leadership will wage a sophisticated and likely successful effort to restart health reform." (12/01/16)

http://blog.independent.org/2016/12/01/the-price-is-right-trumps-choice-of-health-secretary-indicates-push-to-repeal-and-replace-obamacare/  

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How Donald Trump could fix our healthcare system while cutting our taxes

November 30, 2016
posted by

Cato Institute Cato Institute
by Michael F Cannon  

"If Donald Trump and the Republican Congress have a mandate to do anything, it is to repeal Obamacare. The law is already cratering. Sick enrollees, former president Bill Clinton laments, are seeing 'their premiums doubled and their coverage cut in half.' Even supportive economists admit the program is in a death spiral. Repeal won't be easy. But if Trump sets for Congress the same agenda he laid out during the campaign, he could become America's greatest health-care reformer, all while cutting taxes more than Ronald Reagan and George W. Bush combined." (11/29/16)

https://www.cato.org/publications/commentary/how-donald-trump-could-fix-our-health-care-system-while-cutting-our-taxes  

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This is your medical system on government

November 17, 2016
posted by

Jeffrey Tucker Foundation for Economic Education
by Jeffrey A Tucker  

"The Obamacare blowup is hard to understand in detail, because its impact is so disparate. The extent of the price increases depend on your age, location, family status, and employment. The quality of the results depend on what doctors and clinics in your area are willing to accept. After all, you can have the most awesome medical insurance plan in the country, but no medical provider is actually required to accept it. That only adds to the anger. To get a sense of specifics on the ground, I asked some people on my Facebook page to tell their stories. I received many hundreds of responses. Here are just a few." (11/16/16)

https://fee.org/articles/this-is-your-medical-system-on-government/  

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Why Republicans must repeal ObamaCare’s “pre-existing conditions” provisions

November 16, 2016
posted by

Cato Institute Cato Institute
by Michael F Cannon  

"If the sickest patients can hop from plan to plan knowing that insurers could charge them no more than anyone else, then each year many will choose whichever plan offers the most attractive coverage for their ailments. Whichever insurer provided the most attractive coverage to the sick would end up with lots of enrollees who pay far less in premiums than they generate in claims. That's not sustainable. To keep from going out of business, insurers would start competing to not offer the best coverage to the sick. Year after year, sick people would find their coverage getting progressively worse, not better. Just like under Obamacare." (11/15/16)

https://www.cato.org/publications/commentary/why-republicans-must-repeal-obamacares-pre-existing-conditions-provisions  

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Obama’s slow, painful unraveling continues

November 3, 2016
posted by

Michael D. Tanner Cato Institute
by Michael D Tanner  

"Yesterday marked the first day of the Affordable Care Act's latest open-enrollment period. Millions of Americans now once again have the opportunity to wade through the usual assortment of computer glitches and choose from an increasingly limited number of overpriced insurance plans. Unsurprisingly, it looks like a great many of them will simply choose not to do so. Even the Department of Health and Human Services, which is trying to put the best spin on the situation, estimates that barely 11.4 million people will be enrolled in exchange-based plans in the average month next year -- fewer than half of the 24 million people that the Congressional Budget Office projected as recently as March." (11/02/16)

https://www.cato.org/publications/commentary/obamacares-slow-painful-unravelling-continues  

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Trump pushes for “special session” of Congress to replace ObamaCare with different government healthcare tinkering

November 1, 2016
posted by

United Press International United Press International    

"Republican presidential nominee Donald Trump promised to convene a 'special session' of Congress to repeal and replace the Affordable Care Act. ... Trump has called for doing away with the bill and instead allowing insurers to compete over state lines, which he said will help drive down costs. He has also called for converting Medicaid into a bloc grant to states who can administer the program themselves and for the greater use of health savings accounts to allow Americans to address out-of-pocket costs for healthcare with tax-free savings that come out of their paychecks." (11/01/16)

http://www.upi.com/Top_News/US/2016/11/01/Trump-calls-for-special-session-to-address-healthcare-repeal-ACA/3881478018801/  

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ObamaCare continues its predicted slide

October 27, 2016
posted by

Sheldon Richman The Libertarian Institute
by Sheldon Richman  

"All the negatives predicted for Obamacare (the Patient Protection and Affordable Care Act) are coming to pass. But what would you expect of a program in which the government defines the insurance product that (licensed) companies must offer, sets the terms of coverage, issues strict price rules, subsidizes buyers and sellers -- and calls the resulting crazy-quilt scheme marketplace competition? Obviously, when the scheme finally collapses, it is assuredly will not be a market failure. It will yet be another government failure." (10/26/16)

https://www.libertarianinstitute.org/articles/obamacare-continues-its-predicted-slide/  

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ObamaCare: Things fall apart

October 26, 2016
posted by

Thomas L Knapp -- photo by Avens O'Brien William Lloyd Garrison Center for Libertarian Advocacy Journalism
by Thomas L Knapp  

"In 2009, I described (the then notional, yet to be passed into law) ObamaCare as '[g]overnment feeds you to the insurance companies, while simultaneously feeding the insurance companies to you. The state takes home a doggie bag.' Which is about the size of it, and I was far from the only person who noticed and warned that the plan not only wouldn't work, but COULDN'T work, if the goal was reducing costs and increasing access to health care. Artificially increasing demand relative to supply can only have the opposite effects." (10/25/16)

http://thegarrisoncenter.org/archives/8114  

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ObamaCare: Regime confirms double-digit premium hikes

October 25, 2016
posted by

Fox News Fox News    

"Premiums will go up sharply next year under President Barack Obama's health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That's sure to stoke another 'Obamacare' controversy days before a presidential election. Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of 25 percent across the 39 states served by the federally run online market, according to a report from the Department of Health and Human Services. Some states will see much bigger jumps, others less. Moreover, about 1 in 5 consumers will only have plans from a single insurer to pick from, after major national carriers such as UnitedHealth Group, Humana and Aetna scaled back their roles." (10/24/16)

http://www.foxnews.com/politics/2016/10/24/obama-administration-confirms-double-digit-premium-hikes.html  

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ObamaCare is unraveling ahead of schedule

October 19, 2016
posted by

Cato Institute Cato Institute
by Josh Blackman  

"The Affordable Care Act was never designed to be a permanent solution. Obamacare's architects predicted that the law's success would prove the government could be trusted to federalize health care, paving the way for a single-payer system. Reality has not been kind to their best-laid plans: Faced with failing exchanges and fleeing insurers, President Obama has urged Congress to 'revisit a public plan to compete alongside private insurers.' Make no mistake: This is not a 'tweak' or 'reform,' but a grudging admission that Obamacare has unraveled way ahead of schedule." (10/19/16)

http://www.cato.org/publications/commentary/obamacare-unraveling-ahead-schedule  

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What to expect in the lame duck: ObamaCare bailouts?

October 13, 2016
posted by

Campaign For Liberty Campaign For Liberty
by Norm Singleton  

"Passing legislation funding the government is not the only issue facing Congress when it returns for the 'lame duck' session. For example, Congress will also need to stop the Obamacare bailout. The law, which even Bill Clinton calls 'crazy' sets up programs to reimburse insurance companies who lose money participating in Obamacare exchanges." (10/13/16)

http://www.campaignforliberty.org/expect-lame-duck-obamacare-bailouts  

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Bill Clinton is right: ObamaCare is crazy. Here’s a sane reform

October 11, 2016
posted by

John R. Graham Independent Institute
by John R Graham  

"Clinton is referring to high marginal income tax rates that Obamacare imposes on people through the design of its tax credits, which get clawed back in a very unfair way. ... This perverse effect riddles Obamacare's tax credits all the way up to 400 percent of the Federal Poverty Level. It may be the most important reason for the stagnation of work among hourly employees. The best solution to this problem would be a universal tax credit to finance medical spending." (10/10/16)

http://blog.independent.org/2016/10/10/bill-clinton-is-right-obamacare-is-crazy-heres-a-sane-reform/  

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Obama administration is illegally diverting billions to insurance companies

October 6, 2016
posted by

Cato Institute Cato Institute
by Michael F Cannon  

"Generally speaking, the reinsurance program taxes consumers in non-Obamacare plans to subsidize insurers who sell Obamacare plans. The program collects $25 billion from consumers, with $20 billion going to Obamacare-participating insurers and $5 billion to the federal treasury. The law is specific: the amount that each health insurance issuer pays toward the $5 billion designated for the U.S. Treasury 'may not be used for the [reinsurance] program.' But once insurance companies participating in Obamacare's Exchanges started suffering huge losses and heading for the exits, the administration began funneling them the money that was supposed to go to the Treasury. The administration has so far diverted $3 billion -- and counting." (10/06/16)

http://www.cato.org/publications/commentary/obama-administration-illegally-diverting-billions-insurance-companies  

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Bill Clinton slams ObamaCare: “It’s the craziest thing in the world”

October 4, 2016
posted by

The Hill The Hill    

"Former President Bill Clinton steamrolled President Obama's signature healthcare law as 'the craziest thing in the world.' At a rally on Monday in Flint, Mich., Clinton blasted the core principles of ObamaCare as unworkable as he pitched a new system that would allow people to buy into Medicare or Medicaid. ... Clinton's remarks while campaigning for his wife, Democratic presidential nominee Hillary Clinton, run in direct contrast to her previous promises to build on ObamaCare. While acknowledging problems like rising drug costs, Hillary Clinton has largely embraced the healthcare law and criticized her Republican opponent, Donald Trump, for his repeated promise to repeal the law. Bill Clinton, whose own attempts at broad healthcare reform failed during his presidency in the 1990s, suggested on Monday that he supported an entirely new approach." (10/04/16)

http://thehill.com/policy/healthcare/299130-bill-clinton-slams-obamacare  

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Arizona is ground zero for ObamaCare’s death spiral

October 4, 2016
posted by

Cato Institute Cato Institute
by Jeffrey A Singer  

"The Affordable Care Act's defenders have spent the past six years dismissing the law's critics for predicting that it would enter a 'death spiral.' But it turns out we were prophets -- just look at what's happening all across Arizona. The past couple of months have seen the Affordable Care Act's -- Obamacare's -- online exchanges crumble in our state. Three years in, health-insurance companies have discovered that the law's top-down, one-size-fits-all approach is a bureaucratic and financial disaster. So naturally, they're abandoning the law in droves." (10/02/16)

http://www.cato.org/publications/commentary/arizona-ground-zero-obamacares-death-spiral  

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Can the IRS save ObamaCare?

September 28, 2016
posted by

National Review
by Doug Badger  

"Obamacare's fourth open enrollment period will begin November 1. For the Internal Revenue Service, it will be open season on uninsured taxpayers. In an effort to maximize enrollment, the IRS is mining the personal tax information of people who have chosen not to buy Obamacare policies." (09

http://www.nationalreview.com/article/440418/obamacare-irs-subsidies-penalties  

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How Trump ended the ObamaCare debate

September 12, 2016
posted by

The Atlantic The Atlantic
by David Frum  

"Trump feels no obligation to ideological consistency or budgetary coherence. So he can deal with the danger with a sequence of gimmicks: denounce Obamacare, promise to replace it with something better and cheaper, offer no specifics at all about what that something is, worry not even a little that the promise to improve Obamacare conflicts with the scant details of the policy he supposedly offers, and then ... avoid the whole subject of health care to the maximum extent possible. That solution will not be available, however, to the Republicans who follow Donald Trump. Assuming he loses the presidency (which seems a safe assumption) Republicans will not regain an opportunity to reform health care their way until 2021. By that time, the Affordable Care Act will have been the law of the land for eight years. Its defects will be more visible than ever. The expectations generated by the act will be more entrenched than ever, too." (09/12/16)

http://www.theatlantic.com/politics/archive/2016/09/health-care-debate-2021/499589/  

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Think fewer insurers is bad? Wait until we have just one.

September 1, 2016
posted by

Show-Me Institute Show-Me Institute
by Patrick Ishmael  

"More insurers offering more insurance products would be good for consumers. Unfortunately, we're getting less and less of that today. And like millions of other Americans across the country, Missourians shopping in Obamacare's insurance 'marketplace' have realized over the last few months that their options in 2017 will once again be more limited than before. ... Supporters of Obamacare are already trying to use the failure of their own creation as a justification to move to a single-payer, government-centric health care system -- to effectively go from not enough insurers to one, with that 'one' being the government." (09/01/16)

http://showmeinstitute.org/blog/health-care/think-fewer-insurers-bad-wait-until-we-have-just-one  

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The Libertarian Angle, 08/31/16

August 31, 2016
posted by

Future of Freedom Foundation Future of Freedom Foundation
by  

"FFF president Jacob Hornberger and Richard Ebeling discuss the disaster that is Obamacare." [various formats] (08/31/16)

http://www.fff.org/explore-freedom/article/libertarian-angle-obamacare-crisis/  

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Another grim reminder that ObamaCare has made healthcare more expensive

August 31, 2016
posted by

Foundation for Economic Education Foundation for Economic Education
by Daniel J Mitchell  

"Simply stated, doctors, hospitals, and other providers have very little market-based incentive to control costs and be efficient because they know that the overwhelming majority of consumers won't care because they are buying care with other people's money. To get this point across, I sometimes ask audiences how their behavior would change if I told them I would pay 89 percent of their dinner bill on Friday night. Would they be more likely to eat at McDonald's or a fancy steakhouse? The answer is obvious (or should be obvious) since they are in box 2 of Milton Friedman's matrix. So why, then, would anybody think that Obamacare -- a program that was designed to expand third-party payer -- was going to control costs?" (08/30/16)

https://fee.org/articles/another-grim-reminder-that-obamacare-has-made-healthcare-more-expensive/  

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Canary in the ObamaCare coal mine

August 30, 2016
posted by

Cato Institute Cato Institute
by Michael F Cannon  

"In 2009, President Obama promised that under Obamacare, 'it will be against the law for insurance companies to deny you coverage because of a pre-existing condition' or 'to drop your coverage when you get sick or water it down when you need it the most' or 'to place some arbitrary cap on the amount of coverage you can receive in a given year or in a lifetime.' Obamacare would place a 'limit on how much you can be charged for out-of-pocket expenses' and require insurers 'to cover, with no extra charge, routine checkups and preventive care, like mammograms and colonoscopies.' Not one word of it is true. Everything President Obama promised would not happen did happen, and everything he guaranteed would happen came to an abrupt end, in Pinal County. And it happened not in spite of Obamacare, but because of it." (08/30/16)

http://www.cato.org/publications/commentary/canary-obamacare-coal-mine  

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The right lessons from ObamaCare’s meltdown

August 30, 2016
posted by

Ron Paul Campaign For Liberty
by Ron Paul  

"The decision of several major insurance companies to cut their losses and withdraw from the Obamacare exchanges, combined with the failure of 70 percent of Obamacare's health insurance 'co-ops,' will leave one in six Obamacare enrollees with only one health insurance option. If Obamacare continues on its current track, most of America may resemble Pinal County, Arizona, where no one can obtain private health insurance. Those lucky enough to obtain insurance will face ever-increasing premiums and a declining choice of providers. Many Obamacare supporters claimed that the exchanges created a market for health insurance that would allow consumers to benefit from competition. But allowing consumers to pick from a variety of government-controlled health insurance plans is not a true market; instead it is what the great economist Ludwig von Mises called 'playing market.'" (08/29/16)

http://www.campaignforliberty.org/right-lessons-obamacares-meltdown  

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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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