The Federal Reserve reports that Obamacare is causing layoffs and a slowdown in hiring.
Surprise, surprise! The Federal Reserve reports that Obamacare is causing layoffs and a slowdown in hiring.
Tag: obamacare
The CEO of a major health insurance company warned that rates will likely go up 20% to 100% next year because of Obamacare
Finding out what’s in it: The CEO of a major health insurance company warned that rates will likely go up 20% to 100% next year because of Obamacare.
A new poll finds that support for Obamacare continues to drop.
Finding out what’s in it: A new poll finds that support for Obamacare continues to drop.
Another chance at killing Obamacare in the Supreme Court?
Another chance at killing Obamacare in the Supreme Court?
The Obama administration today released more than 700 pages of new regulations to implement parts of Obamacare.
Finding out what’s in it: The Obama administration today released more than 700 pages of new regulations to implement parts of Obamacare.
Won’t it be nice to have to deal with the equivalent of the Motor Vehicle Administration whenever you have to see your doctor in the future?
To me, the most irritating thing about this might not be the law itself, but having to hear people who voted for Obama complain about it. And they will complain. Everyone will. I guarantee it.
A new GAO report says that Obamacare will increase the federal government’s long term debt by $6.2 trillion.
Who woulda thunk it? A new GAO report says that Obamacare will increase the federal government’s long term debt by $6.2 trillion.
The worse part of this is that these government predictions of debt are always wrong, but in the wrong direction. If this is the prediction, the actual increase in debt caused by Obamacare is likely to be far higher.
Note also that this is no surprise to the Republicans who opposed this bill. It also proves just how much Obama was either incompetent or simply lying when he said this:
“I will not sign a plan that adds one dime to our deficits — either now or in the future,” Obama told a joint-session of Congress in September 2009. “I will not sign it if it adds one dime to the deficit, now or in the future, period.”
Because of the cost of Obamacare, employers are dropping healthcare coverage for spouses.
Finding out what’s in it: Because of the cost of Obamacare, employers are dropping healthcare coverage for spouses.
By denying coverage to spouses, employers not only save the annual premiums, but also the new fees that went into effect as part of the Affordable Care Act. This year, companies have to pay $1 or $2 “per life” covered on their plans, a sum that jumps to $65 in 2014. And health law guidelines proposed recently mandate coverage of employees’ dependent children (up to age 26), but husbands and wives are optional.
Two days ago the Congressional Budget Office increased its projection for the cost of Obamacare by 29 percent, while also saying that seven million workers will lose their health insurance due to the law, almost twice as many as previously estimated.
Not fit to print: Two days ago the Congressional Budget Office increased its projection for the cost of Obamacare by 29 percent, while also saying that seven million workers will lose their health insurance due to the law, almost twice as many as previously estimated.
As noted at the link, not one news organization has seen fit to mention this juicy tidbit in their news reports. I wonder why?
Meanwhile, we will go bankrupt. This law, and the government that is imposing it on us, is unsustainable.
The newly released “ObamaCare Survival Guide” has rocketed to the No. 2 spot on The New York Times’ bestseller list for advice-giving paperbacks.
I wonder why: The newly released “ObamaCare Survival Guide” has rocketed to the No. 2 spot on The New York Times’ bestseller list for advice-giving paperbacks.
It is also No. 1 on many amazon.com lists. This quick demand only indicates once again how bad this law is, requiring people to desperately search for ways to deal with it. Sadly, its negative impact on business and healthcare in the coming years is going to continue.
Update: And in related news, Virginia’s state liquor organization is limiting the hours of all part-time workers to avoid the costs of Obamacare.
“The bishops have made it very clear that the institutions for which we’re responsible will simply not cooperate.”We’ve only just begun: “The bishops have made it very clear that the institutions for which we’re responsible will simply not cooperate.”
Seven million to lose their health insurance under Obamacare
According to the Congressional Budget Office, seven million people — twice the number previously predicted — will lose their health insurance under Obamacare.
Electronic medical records — required by Obamacare — are costing doctors time while taking them away from their patients.
Finding out what’s in it: Electronic medical records — required by Obamacare — are costing doctors time while taking them away from their patients.
Probably the biggest problem with electronic records is simply that it requires the physician to input all notes and orders, rather than dictate them. As a result, as my bride puts it, “they’ve taken the highest paid person in the department and turned him/her into a data entry clerk”. On average, she and her colleagues spend more time per patient wading through drop-down menus, clicking boxes and filling in required but utterly irrelevant information than they do at the bedside, actually treating the patient. In short, it’s her experience that they see fewer patients per shift than they did previously, and spend less time with each one, now that they are required to sit down at a computer after seeing each patient and jumping through hoops to place orders instead of, as previously, simply telling the nurse what is needed and then moving on to the next patient. [emphasis mine]
Have you noticed in your recent visits to the doctor how the doctor seems to be spending his entire visit with you staring at his laptop, typing continuously as you talked? I have. Say goodbye to simplicity in the medical field. The future shall be complex bureaucracy and less medical treatment.
College adjunct professors crushed by Obamacare.
You voted for it: College adjunct professors crushed by Obamacare.
A Pennsylvania hospital has decided to stop delivering babies because of Obamacare.
Finding out what’s in it: A Pennsylvania hospital has decided to stop delivering babies because of Obamacare.
The detail that “obstetricians are either leaving or refocusing their practices” suggests once again that doctors are reacting negatively to Obamacare and are deciding in large numbers to get out of the business because of it.
An Omaha-based chain of fast food restauants has decided to cut the hours of all non-management employees workers’ hours to part time in order to avoid the costs of Obamacare.
The part-timing of America: An Omaha-based chain of fast food restauants has decided to cut the hours of all non-management employees workers’ hours to part time in order to avoid the costs of Obamacare.
Under Obamacare health insurance rates for young adults will skyrocket 40 percent next year, according to a new study.
And they voted for it! Under Obamacare health insurance rates for young adults will skyrocket 40 percent next year, according to a new study.
Health premiums to double under Obamacare.
Finding out what’s in it: Health premiums to double under Obamacare.
To avoid Obamacare, companies are turning more employees into part-timers while also cutting back on hires.
Surprise surprise! To avoid Obamacare, companies are cutting back, turning more employees into part-timers while also refusing to hire new employees.
And we’ve only just begun. The cost of this bad law is so high it will squelch everything it touches.
Another federal judge has ruled that a private company does not have to follow the Obamacare contraceptive mandate.
We’ve only just begun: Another federal judge has ruled that a private company does not have to follow the Obamacare contraceptive mandate.
Hobby Lobby appears willing to face fines rather than bow to the Obamacare contraceptive mandate.
Hobby Lobby has decided to face millions in fines rather than bow to the Obamacare contraceptive mandate.
They will continue to provide their employees healthcare, but will refuse to include any payments for contraceptives as now required by Obamacare. For standing by their beliefs and doing this, it is very possible this company could end up going bankrupt, thereby putting 13,000 employees out of work. Not only will they lose the healthcare plans that Obama promised they could keep, they won’t even have jobs!
Thank you Obama for giving us Obamacare. And thank you the American voters who have decided to allow this disaster of a law to go forward. Sadly, the worst is yet to come.