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Tag Archives: Health Insurance

Single-Payer Health Care

The Pitfalls of Single-Payer Health Care: Canada’s Cautionary Tale

By Candice Malcolm | April 13, 2017

In the Netflix series House of Cards, President Frank Underwood campaigned for the White House by telling Americans, “You are entitled to nothing.” The fictional president — a Democrat, no less — was forthright with American voters about the unaffordable and unsustainable structure of America’s entitlement programs, and he was rewarded at the polls. In real-life America, unfortunately, there is no such courageous honesty from the political class. Even many in the Republican party, once the stalwart force fighting against the growth of big government, are now resigned to contemplating a government takeover of the health-care industry in the wake of their failure to repeal and replace Obamacare. Charles Krauthammer, for example, woefully predicts that President Trump will opt for single-payer health care. F. H. Buckley, meanwhile, optimistically calls for Trump to look to the Canadian model of universal coverage.

There’s just one problem: The Canadian model of universal coverage is failing.

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Hillarycare would be even worse!

WND
By Laura Hollis | 27 October 2016

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There is plenty of bad news about Obamacare. Premiums are set to skyrocket next year an average of 22 percent (a staggering 116 percent in Arizona). Of the 23 state co-ops that were originally set to operate, 16 have gone bankrupt, and the remaining seven are in dire financial straits. A significant number of major insurance companies, including UnitedHealthcare, Humana and Aetna, have pulled out of most (if not all) of the exchanges on the grounds that the financial losses are unsustainable. (Across the country, insurers have lost billions since 2014.) This leaves an increasing number of consumers with only one or two options to choose from. Most have lost plans and been forced – sometimes multiple times – into other plans, losing physicians in the process.

And there are plenty of writers (Kevin Williamson at National Review, Avik Roy at Forbes, Betsy McCaughey, yours truly) who are saying “we told you so.”

It isn’t gloating. We warned you. We shouted it from the rooftops. You were told that we were lying, or corporate shills, or that we wanted old people and sick people to die. To the contrary, we saw what was coming and wanted to avoid it.

Yes, there were – and are – legitimate concerns about people without insurance. But the rallying cry of Obamacare – “We have to do something!” – is precisely the wrong impulse. It is that self-imposed desperation that makes you targets for exploitation by every self-important ideologue, every liar, every charlatan.

That is why President Obama was able to lie to you over and over again about keeping your doctor and your plan, and get away with it.

It’s why Obamacare architect Jonathan Gruber could brag about “the stupidity of the American voter,” and adviser Ezekiel Emanuel could argue in favor of bureaucratic rationing of health care, and get away with it.

It’s why Congress could pass a 2,000-page bill that not one of the members had read in its entirely, and why then-House Speaker Nancy Pelosi could infamously say, “We have to pass the bill so you can find out what’s in it,” and get away with it.
 
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Health Law Tax Penalty? I’ll Take It, Millions Say

NY Times
By ROBERT PEAR | Oct 26, 2016
 
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The architects of the Affordable Care Act thought they had a blunt instrument to force people — even young and healthy ones — to buy insurance through the law’s online marketplaces: a tax penalty for those who remain uninsured.

It has not worked all that well, and that is at least partly to blame for soaring premiums next year on some of the health law’s insurance exchanges.

The full weight of the penalty will not be felt until April, when those who have avoided buying insurance will face penalties of around $700 a person or more. But even then that might not be enough: For the young and healthy who are badly needed to make the exchanges work, it is sometimes cheaper to pay the Internal Revenue Service than an insurance company charging large premiums, with huge deductibles.

“In my experience, the penalty has not been large enough to motivate people to sign up for insurance,” said Christine Speidel, a tax lawyer at Vermont Legal Aid.

Some people do sign up, especially those with low incomes who receive the most generous subsidies, Ms. Speidel said. But others, she said, find that they cannot afford insurance, even with subsidies, so “they grudgingly take the penalty.”

The I.R.S. says that 8.1 million returns included penalty payments for people who went without insurance in 2014, the first year in which most people were required to have coverage. A preliminary report on the latest tax-filing season, tabulating data through April, said that 5.6 million returns included penalties averaging $442 a return for people uninsured in 2015.

 
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Admin Confirms: Barack Obama’s “Affordable” Care Act Spikes into Double Digits

Louder With Crowder
By Courtney Kirchoff | Tuesday October 25 2016
 
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If you like your doctor, you can keep your doctor. If you like your plan, you can keep your plan.

All lies. Because surprise, the ObamaCare disaster train rolls on. It’s coming for you, your family, your pet dog. It would’ve taken your goldfish had you not flushed it down the toilet. Lucky bastard took the easy way out.

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.

A 25% rate increase. I bolded so you wouldn’t miss it. To lessen the sticker-shock come 2017. What were you going to do with that “disposable” income anyway? Car payment? Groceries? Your rent/mortgage? Wow, aren’t you spoiled. There are people across the world who live in huts, you know. Best you start prioritizing your “health” or pay the penalty. The penalty in this case is called the “shared responsibility tax.” The Obama Administration has a way with the words. They did christen this little number “affordable.”
 
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ObamaCare rates in MN skyrocket 60% to stave off “collapse”

Hot Air
By Ed Morrissey | 1 October 2016
 
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Seems that Washington DC isn’t the only place that’s learned the art of the Friday afternoon news dump. Minnesota Commerce Commissioner Mike Rothman announced yesterday afternoon that the state had approved health insurance premium increases that will average 60% in MNsure, the state’s ObamaCare exchange. The statement blamed big losses by insurers in the state, and bad predictions about utilization rates, for the decision.
 
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ObamaCare’s Spending Problem

From American Thinker
May 17, 2016 | By Larry Alton

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It comes as no surprise that spending under ObamaCare has quickly accelerated out of control, with sky high premiums resulting from the lengthy list of procedures insurance companies are now required to cover. Further forcing costs up are system expansions, such as California has seen. Medi-Cal, insurance for low-income California residents, now covers a third of the state.

ObamaCare was billed as a way to make health insurance affordable, but it fails to acknowledge how this coverage expansion drains the wealthy and harms insurance companies, forcing them out of the insurance marketplace or to raise their premiums.

Since those with a pre-existing disability already qualified for programs like Medi-Cal and most gainfully employed individuals had coverage through work or could afford independent coverage, those who benefit most from the new programs are those seeking non-necessary care that companies are forced to cover.
 
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Obamacare death knell: Largest U.S. insurance company UnitedHealth pulls out — Fellowship of the Minds

Two days ago, our DCG posted on insurers, including UnitedHealth, warning that the Affordable Care Act, better and more properly known as ObamaCare, is unsustainable and that Americans should expect our health insurance premiums to increase again, never mind that Obama had promised that our premiums would actually decrease with ObamaCare. Today, going beyond mere … Continue reading Obamacare death knell: Largest U.S. insurance company UnitedHealth pulls out

via Obamacare death knell: Largest U.S. insurance company UnitedHealth pulls out — Fellowship of the Minds
 
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Millions Facing a Hefty Increase in Medicare Premiums in 2016

From The Fiscal Times
By Eric Pianin | August 30, 2015
 
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Nearly a third of the roughly 50 million elderly Americans who depend on Medicare for their physician care and other health services could see their premiums jump by 52 percent or more next year. That’s because of a quirk in the law that punishes wealthier beneficiaries and others any time the Social Security Administration fails to boost the annual cost of living adjustment.

While Congress is largely focused on addressing looming shortfalls in the Social Security Disability Insurance program, a financial time-bomb of sorts may go off in 2016 because of the festering premium problem in Medicare Part B – the premium-based government health insurance program that covers seniors’ visits to doctors and other health care providers, out-patient care and durable medical equipment.

Related: Congress’ Medicare ‘Fix’ Could Leave Seniors Paying More

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Everybody Has To Pay This New Obamacare Tax

From The Daily Caller
 

 
Richard Pollock  |    11:02 PM 08/09/2015

All Americans who bought health insurance policies this year – not just those enrolled in Obamacare – face a 41 percent increase in excise taxes because of hidden fees contained in an obscure section of the Affordable Care Act, according to an investigation by The Daily Caller News Foundation.

Virtually everyone who pays for health care insurance this year will be affected by the tax. The little-known tax was imposed on all consumers regardless of whether they obtained their insurance through Obamacare or through their employer or as individuals in the private market.

This year the tax will cost individuals more than $500 in extra premiums according to one actuarial estimate. Families who purchased insurance will see their premiums go up by more than $700.

The new tax also hits senior citizens who rely on Medicare Part D and Medicare Advantage. It will land on the nation’s poor who depend upon Medicaid-managed care programs.

The 41 percent sticker shock increase doesn’t stop in 2015, however. Over the next four years, the statutorily mandated Obamacare fees are expected to double again.
 
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http://dailycaller.com/2015/08/09/everybody-has-to-pay-this-new-obamacare-tax/#ixzz3iNXUcRbE