A congressional report, issued by Republicans in the House and Senate, says that Obamacare will increase healthcare costs by 200 percent.

A congressional report, issued by Republicans in the House and Senate, says that Obamacare will increase healthcare costs by 200 percent.

Though the report is partisan, it is worth reading because of the depth of the analysis as well as the range of its historical research. For example:

The report notes that a number of states have already imposed requirements on health coverage and the result has been fewer choices and higher premiums. In New York, for example, a 30-year-old male paid an average of $1,200 a year in annual premiums in 1993, but one month after the state passed Obamacare-like reforms, premiums soared to $3,240. At the time Washington state passed similar reforms, 19 insurance carriers wrote policies for state residents. Within six years, only two carriers remained in the state.

I was living in New York when the state legislature passed this early version of Obamacare and can attest to truth of the above facts. Costs doubled and insurance companies fled the state, reducing competition. I even wrote about an article about it. The evidence from these state efforts illustrates the likelihood that Obamacare will do the same, nationwide.

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According to a federal report, businesses nationwide remain reluctant to hire because of Obamacare.

According to a federal report, businesses nationwide remain reluctant to hire because of Obamacare.

Earlier this month, the Fed released its latest β€œbeige book” – a monthly report on economic conditions across the country. The book noted that employers across the country have β€œcited the unknown effects of the Affordable Care Act as reasons for planned layoffs and reluctance to hire more staff.”

And it is only going to get worse. Read the whole article. The new taxes imposed by Obamacare are going to crush the healthcare industry.

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Physicians fight back against Obamacare.

Physicians fight back against Obamacare.

Dr. Ryan Neuhofel, 31, offers a rare glimpse at what it would be like to go to the doctor without massive government interference in health care. Dr. Neuhofel, based in the college town of Lawrence, Kansas, charges for his services according to an online price list that’s as straightforward as a restaurant menu. A drained abscess runs $30, a pap smear, $40, a 30-minute house call, $100. Strep cultures, glucose tolerance tests, and pregnancy tests are on the house. Neuhofel doesn’t accept insurance. He even barters on occasion with cash-strapped locals. One patient pays with fresh eggs and another with homemade cheese and goat’s milk. “Direct primary care,” which is the industry term for Neuhofel’s business model, does away with the bureaucratic hassle of insurance, which translates into much lower prices. “What people don’t realize is that most doctors employ an army of people for coding, billing, and gathering payment,” says Neuhofel. “That means you have to charge $200 to remove an ingrown toenail.” Neuhofel charges $50.

Neuhofel is not alone in this. The article describes other doctors who have done the same. As the bureaucratic mess from Obamacare expands and becomes increasingly impossible for anyone to handle, we are going to see this happen more and more.

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The budget battle at NASA

Two stories today highlight not only the budget problems at NASA, but also illustrate the apparent unwillingness of both Congress and Americans to face the terrible budget difficulties of the federal government. In both cases, the focus is instead on trying to fund NASA at levels comparable to 2012, before the Obama administration or sequestration had imposed any budget cuts on the agency.

It is as if we live in a fantasy world, where a $16 trillion dollar debt does not exist, and where money grows on trees and we can spend as much as we want on anything we want.
» Read more

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The Democrats in the Senate are about to introduce their legally required annual budget — for the first time in four years.

Pigs fly! The Democrats in the Senate are about to introduce their legally required annual budget — for the first time in four years.

Not that this budget will do much to solve the federal debt, as it will likely continue the out-of-control spending and is expected to be loaded with new taxes galore.

On that note, has anyone but me noticed this tendency of the modern Democratic Party to grab and grab and grab? They want a blank check in spending, for their own uses, while repeatedly demanding as much money from everyone else as possible. In another time, this behavior would have been perceived as somewhat power-hungry, even tyrannical.

And then there’s this: “We don’t have a spending problem.” Guess who said it.

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