Tag: healthcare

New York City business owners sick over ObamaCare

10:16 am

New York City business owners are sick over Obamacare.

Small to mid-size businesses, which generate close to 70 percent of US jobs, fear ObamaCare could bury them in colossal bills and future paperwork, and are now paying the price as premiums have soared in anticipation of the new regulation. “ObamaCare has been very negative for our business,” Moishe Heimowitz, principal at First Medcare, a 50-employee medical practice based in Canarsie, told The Post. “The high costs of ObamaCare and our present health-care costs have impeded our efforts to hire more people.” [emphasis mine]

Obamacare has done nothing it promised. Why don’t we just bite the bullet, show some courage, and repeal the damn thing before it does more harm?

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Obamacare doesn’t stop Medigap providers, AARP partners from discriminating against seniors

11:31 am

Surprise, surprise! Obamacare doesn’t stop Medigap providers and AARP from discriminating against seniors with preexisting conditions, as had been promised.

This story is just more evidence that the law is a mess, it should never have been passed, and in the future our so-called lawmakers should read the goddamn legislation before they vote on it.

I should add that I think it a very big mistake for the government to forbid insurance companies from denying new coverage to sick individuals. If insurance companies are forced to accept everyone as a new customer, even those who are ill, why bother paying for insurance when you are healthy? Everyone can simply wait until they are sick, and then buy the coverage, thereby getting a lot of insurance for very little investment. The result: insurance companies go bankrupt, as the whole concept of insurance depends on a lot of healthy customers paying the cost, at a low rate, for those who are sick.

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Twenty percent of the new waivers to ObamaCare are in Pelosi’s district

7:58 am

I guess they finally found out what’s in it: Twenty percent of the new waivers to ObamaCare are in Nancy Pelosi’s district.

Pelosi’s district secured almost 20 percent of the latest issuance of waivers nationwide, and the companies that won them didn’t have much in common with companies throughout the rest of the country that have received Obamacare waivers. Other common waiver recipients were labor union chapters, large corporations, financial firms and local governments. But Pelosi’s district’s waivers are the first major examples of luxurious, gourmet restaurants and hotels getting a year-long pass from Obamacare.

Then there’s this new poll: By 17 percentage points, Americans support repeal.

Repeal is supported by men and women; by those in their 30s, 40s, 50s to mid-60s, and mid-60s on up; and by all income groups (ranging from under-$20,000 to over-$100,000 a year).

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The regulations are “overly prescriptive, operationally burdensome, and the incentives are too difficult to achieve to make this voluntary program attractive.”

11:27 am

Why don’t we just repeal it? “An umbrella group representing premier organizations such as the Mayo Clinic wrote the administration Wednesday saying that more than 90 percent of its members would not participate, because the rules as written are so onerous it would be nearly impossible for them to succeed.” There’s also this lovely quote:

[The Obamacare regulations] are overly prescriptive, operationally burdensome, and the incentives are too difficult to achieve to make this voluntary program attractive.

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Nearly $2 billion already paid to unions, state public employee systems, and big corporations under Obamacare

9:06 am

This idiotic thing has got to be repealed: Nearly $2 billion already paid to unions, state public employee systems, and big corporations under Obamacare.

The program began making payouts on June 1, 2010. Between that date and the end of 2010, it paid out about $535 million dollars. But according to the new report, the rate of spending has since increased dramatically, to about $1.3 billion just for the first two and a half months of this year. At that rate, it could burn through the entire $5 billion appropriation as early as 2012. [emphasis mine]

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AARP’s Billion Dollar ObamaCare Windfall

9:41 am

So this is why they lobbied for the crappy bill: AARP’s billion dollar Obamacare windfall.

Almost half of the $500 billion in ObamaCare’s Medicare cuts come out of Medicare Advantage. The cuts don’t kill the program, but they mortally wound it. CBO estimates that the Medicare Advantage program will be cut in half, causing over 7 million seniors to lose their health care coverage. They will be forced to return to traditional Medicare and, in most cases, will need to purchase Medi-Gap coverage.

Using very conservative assumptions (AARP keeps its current share of the Medi-Gap market and premiums don’t rise), this increase in the Medi-Gap market will generate more than $100 million a year in additional license fee revenue for AARP. Over a billion dollars every decade. Keep in mind, this revenue is simply for using AARP’s name, so it is almost pure profit.

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The death panels of Obamacare

11:05 am

Repeal the damn bill! The death panel that is part of Obamacare.

The board would cap the total amount of money Medicare recipients could get for care. Roe, a practicing doctor before he entered politics, said that means health care decisions will end up being based solely on cost, instead of what the best possible option is for Medicare patients. . . . Congress can recommend different spending amounts, but has to offset any increase in one area with a decrease in another. If Congress doesn’t change anything in the board’s “recommendations” for how much money should be spent per Medicare recipient, their recommendations become law – even without congressional approval or the president’s signature.

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