Monthly Archives: May 2013

Watching Obamacare Unravel

Watching Obamacare Unravel | Hoover Institution.

This recent drop in popularity is not a function of some detailed analysis of the ACA’s key provisions. Rather, the public seems to feel that the sheer complexity of the program makes it highly unlikely that it will be able to take effect in any form by its ostensible January 1, 2014 start date. The most obvious difficulty in implementation stems from the unwillingness of many states to participate in its two gargantuan initiatives, even with heavy federal support: the private exchanges (now called “marketplaces”) for individuals, and the Medicaid extension to additional individuals.

What Richard Epstein says.

As I have repeated numerous times already during the short life of this blog; Prediction – Chaos.


The Obamacare rate explosion

Insurers predict 100%-400% Obamacare rate explosion |

Internal cost estimates from 17 of the nation’s largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration’s goal of affordability.


New regulations, policies, taxes, fees and mandates are the reason for the unexpected “rate shock,” according to the House Energy and Commerce Committee, which released a report Monday based on internal documents provided by the insurance companies. The 17 companies include Aetna, Blue Cross Blue Shield and Kaiser Foundation.

But don’t worry, according to Health and Human Services Secretary Kathleen Sebelius..

“These folks will be moving into a really fully insured product for the first time, and so there may be a higher cost associated with getting into that market,” she said. “But we feel pretty strongly that with subsidies available to a lot of that population that they are really going to see much better benefit for the money that they’re spending.”


Feel better now? I know I do.


Cancer patients could face high costs for medications under ObamaCare, critics warn

Cancer patients could face high costs for medications under ObamaCare, critics warn | Fox News.

The problem:

To try to keep premiums low, some states are allowing insurers to charge patients a hefty share of the cost for expensive medications used to treat cancer, multiple sclerosis, rheumatoid arthritis and other life-altering chronic diseases.

Such “specialty drugs” can cost thousands of dollars a month, and in California, patients would pay up to 30 percent of the cost. For one widely used cancer drug, Gleevec, the patient could pay more than $2,000 for a month’s supply, says the Leukemia & Lymphoma Society.

On the other hand in New York the highest cost is $70.

California’s response…

A spokesman for Covered California said state officials are trying to balance between two conflicting priorities: comprehensive coverage and affordable premiums.

Which is an issue health insurance companies deal with every day in pricing their plans. Creating Obamacare hasn’t made the issue go away. However, there ARE maximum out of pocket limits for each type of plan (Gold, Silver, Platinum, Bronze) that prescription medication contribute towards meeting.

So if you have a disease with high medication cost, you purchase a Gold plan with a relatively low maximum out of pocket. The out of pocket is reached upon filling the first prescription or having the first infusion and the other 11 months are covered 100%. It’s hard to believe that a payment plan can’t be worked out for the balance. I can see where it may be different working with a pharmacy vs. a hospital or infusion center.


What the Self-Employed Don’t Know About Obamacare Subsidies

What the Self-Employed Don’t Know About Obamacare Subsidies – Businessweek.

Question: I am a 56-year-old self-employed woman with no dependents. I do not currently have health insurance but I need it and I understand I will have to buy it starting in 2014. What should I do and how can I afford it?

If the shoe fits, read it. You can view subsidy eligibility here.


Not so quick on the new improved Obamacare application

Applying for Obamacare | Power Line.

Read the link and decided if you wish to answer this question…

But back to the new, 11-page form. It contains a strong warning not in the earlier, 21-page draft: “I’m signing this application under penalty of perjury . . . I know that I may be subject to penalties under federal law if I provide false and or untrue information.” That threat may unsettle applicants already not sure they’re correctly answering complicated questions. If they don’t, the consequences could be costly….

There are TWENTY EIGHT options for family relationships. Once can only imagine what happens after that.

Scott Johnson at Powerline concludes…

The story of the Obamacare application is perfectly representative of the thoroughgoing dishonesty that has permeated the Obama administration’s peddling of Obamacare. It is also perfectly representative of the media’s service as the Obama administration’s handmaiden in peddling the administration’s falsehoods.  (emphasis added)

It’s beginning to look like my prediction of Obamacare chaos is too kind.


Young invincibles have the power to “kill” Obamacare

How to kill Obamacare without even trying | The Daily Caller.

A young invincible speaks…

In a refreshingly honest appraisal, Emanuel admits that Obamacare will virtually self-destruct if my demographic doesn’t come to its senses. The program depends on the full participation of the American citizenry. Every testosterone-soaked Young Invincible who doesn’t sign up for Obamacare will cause prices to increase. The increased prices will drive other citizens away. In the end, Obamacare will serve only the very poor (who pay subsidized rates), the very sick (who are expensive to care for) and the very old. (adverse selection – Ed)

The apparent solution is to put the young invincibles on a guilt trip Continue reading Young invincibles have the power to “kill” Obamacare


Colorado health exchange extending hand for Government Cheese

$125 million more requested to implement Obamacare in Colorado | The Daily Caller.


Conservative members of a nonprofit organization set up to run Colorado’s Affordable Care Act-mandated state health insurance exchange are reeling from sticker shock over the cost of rolling out the program.

Federal grants have already paid $61 million to set up the one-stop health insurance shop, but the board is now being asked to approve another $125 million federal grant request.

What are the funds being used for?

Of the $125 million more wanted by staff of the exchange, which is called Connect for Health Colorado, $14 million would be earmarked for outreach. The organization estimates that 90 percent of Coloradans don’t know about the exchange, what it does or how to use it.

So what;s the other $111 million going to be used for? There is mention of hiring and training “navigators” but that’s still going to leave $100 million.

Is it possible the exchange isn’t close to ready? Prediction: Chaos


‘Obamacare Survival Guide’ – the book

BOOK REVIEW: ‘Obamacare Survival Guide’ – Washington Times.


“Obamacare Survivor Guide: The Affordable Care Act and What it Means for You and your Healthcare” lays it all out. Author Nick Tate (a journalist and intrepid fact-finder) has obviously studied all 2,700 pages of the confusing legislation, and delivers to America his analysis. He tries — oh, how he tries — to shine light on both the good and the bad, although facts get in the way of his effort at a strictly 50-50 report because a dispassionate analysis comes down on the side of the latter far outweighing the former.


Questions remain, such as the cooperation (or lack thereof) of the anticipated state insurance “exchanges.” Some states are pushing back. Obamacare “lives in a fluid state,” Mr. Tate acknowledges. Future developments could bring changes. Nonetheless, the book is a good reference work despite those uncertainties.


A Democrat, a union and myriad businesses see chaos in Obamacare

A Democrat, a union and myriad businesses see chaos in Obamacare «

Perhaps the question is no longer if Obamacare will wreak havoc on the American economy.

Instead, the query seems to have morphed into something far more dire and prophetic: Just how much chaos will the law inflict upon the American people, businesses and the economy?

As I’ve said before, prediction: Chaos.


Obama Strategist: ‘We Don’t Worry’ About Obamacare Implementation

Don’t sweat the small stuff: Obama Strategist: ‘We Don’t Worry’ About Obamacare Implementation.

“The Administration has had three years to set up these exchanges. It has failed to do so,” writes progressive TIME columnist Joe Klein. “This is a really bad sign….One thing is clear: Obamacare will fail if he doesn’t start paying more attention to the details of implementation, if he doesn’t start demanding action.”

Still, Pfeiffer says the White House remains unworried. He says Obama plans to encourage young adults and minorities to sign up for the government health exchanges come October. After all, says Pfeiffer, Obama has “a lot of cache” with those groups.

Has an Pfeiffer never had a real job in his life? If you work in the “real world” you come to realize that successful programs take the time to do the last 10%. That’s what makes them successful. Not happening with Obamacare implementation.

Prediction: chaos


Pro-Obamacare company: rebate plan could be ‘catastrophic’

Pro-Obamacare company: rebate plan could be ‘catastrophic’ | The Daily Caller.

Eli Lilly CEO John Lechleiter, who previously lobbied on behalf of Obamacare, said that one of President Obama’s costly new health-care reforms would have “catastrophic” consequences for innovation and that he plans to fight against it.

I thought that CEO’s were supposed to be smart people. Anyone with any smidgen of common sense would have seen something like this coming down the road. To think they would come out of this relatively unscathed, CEO Lechleiter should resign due to his incompetence. He should also apologize to the other health care companies that he “sold down the road” or “stabbed in the back” or create your own visual metaphor.