The release of a report by the Centers for Medicare and Medicaid Services (CMS) detailing national health care expenditures confirms that nearly three years since ObamaCare became the law of the land, President Obama’s often-repeated promise to reduce the cost of health care remains unfulfilled. Perhaps what is most disturbing, is that the lesser-read analysis accompanying the…
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According to a recent BNA story, at the 17th Annual “Wall Street Comes to Washington,” a non-political event in which experts discuss future health care trends, a managed care analyst for Citi Investment Research and Analysis predicted that health insurance premiums could increase by more than 100 percent because of ObamaCare. Specifically, Carl McDonald, Director and Senior Analyst…
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New research released by Health Affairs found that Medicare beneficiaries enrolled in Medicare Advantage (MA) are less likely to receive wasteful or questionable care than those in traditional Medicare. Unfortunately, rather than strengthen and promote MA, ObamaCare will force 7 million beneficiaries out of Medicare Advantage by 2017.
The study found that beneficiaries…
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Recent jobs data suggest that too many Americans are struggling to find full-time work. The October jobs report underscores the challenge facing many of those looking for full-time employment, noting that 8.3 million Americans were employed part time “for economic reasons” last month. As the report cites, “These individuals were working part time because their hours had…
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As seasons change and summer turns to fall, the health care landscape is changing, too. Some changes may be more welcome than others, like open enrollment in private Medicare plans. Conversely, new provisions of the Democrats’ health care law taking effect this month might leave some wondering whether the law will yield the same broken promises as the past. Consider…
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In 2009, President Obama promised the American people that his health care plan, “will slow the growth of health care costs for our families, our businesses, and our government.”
Now
:
The verdict is in, and it is clear that President Obama has failed to deliver. Instead, the Democrats’ health care law has increased health care costs and has made it harder to maintain health…
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Although the Democrats’ health care law will not fully take effect until 2014, seniors in Medicare Advantage (MA) plans are already facing the painful realization that cuts and higher costs have and will continue to come their way. Consider the following:
$300 Billion Cut to MA: The Democrats’ health care law prescribes more than $300 billion in cuts…
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INSULT: ObamaCare Took Over $750 Billion From Medicare and Raised Taxes By More Than $1 Trillion to Pay for New Health Care Subsidies.
These subsidies are funded by more than $1 trillion in tax hikes, many of which are levied on middle-class families, and three-quarters of one trillion dollars in cuts to Medicare.
INJURY: Administration Now Says People Receiving Subsidies Could…
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SHOT: Administration Says Individual Mandate Tax Will Only Affect Those Who Can Afford Health Care
"This (analysis) doesn't change the basic fact that the individual responsibility policy will only affect people who can afford health care but choose not to buy it," said Erin Shields Britt of the Health and Human Services Department. "We're no longer going to…
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Last week, former Senator Bob Kerrey said that one of the pillars of ObamaCare “will accelerate an already breaking-down employer-based system.” He was talking about the employer mandate, a requirement that forces employers with 50 or more full-time equivalent employees to offer government-prescribed health insurance or pay a new tax.
Mr. Kerrey shares…
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