200 Economists Ask Lawmakers to Repeal Obamacare

I’m not the only one saying it: Two hundred economists ask lawmakers to repeal Obamacare. Key quote:

The letter from economists said the law is โ€œfiscally dangerous at a moment when the United States is already facing a sea of red ink. It creates a massive new entitlement at a time when the budget is already buckling under the weight of existing entitlements. At a minimum, it will add $1 trillion to government spending over the next decade,โ€ the letter stated. โ€œAssertions that these costs are paid for are based on omitted costs, budgetary gimmicks, shifted premiums from other entitlements, and unsustainable spending cuts and revenue increases.

0 comments

Nearly 3000 doctors surveyed believe ObamaCare will hurt care quality and doctor pay

Repeal the damn bill! By large majorities, surveyed doctors believe that ObamaCare will hurt care quality and doctor pay. Key quote:

During the next 5 years, the quality of health care in this country will improve (18%) stay same (17%) deteriorate (65%).

The Affordable Care Act will result in physician reimbursement becoming more fair (9%) neither fair nor unfair (17%) less fair (74%).

Overall, the impact of the Affordable Care Act for patients will be positive (27%) neutral (15%) negative (57%).

Overall, the impact of the Affordable Care Act for physicians will be positive (8%) neutral (14%) negative (78%).

0 comments

ObamaCare plans for high-risk patients attracting fewer, costing more than expected

Repeal the damn bill! Health plans for high-risk patients under ObamaCare are attracting fewer customers while costing far more than expected. Key quote:

Last spring, the Medicare program’s chief actuary predicted that 375,000 people would sign up by the end of 2010. In early November, the Health and Human Services Department reported that just 8,000 people had enrolled.

0 comments
1 42 43 44