Insurance rates in Indiana will increase 72 percent for those with individual plans and 8 percent for small group plans under President Barack Obama’s healthcare overhaul, according to the state’s insurance department.
Costs for individual plans is expected to increase from an average of $255 per member per month in 2012 to $570 in 2014, when the most aspects of the law go into effect.
This cost does not include reductions for applicants who are eligible for a subsidy.
The laborers union, with about 570,000 members, is one of a few major unions that didn’t support enactment of Affordable Care Act, Mr. O’Sullivan reminded Mr. Obama. “Now, we have watched as the implementation of the law has progressed, our fears have become reality,” he wrote.
Obamacare is set to provide some 16 million people with health insurance through Medicaid or the new exchanges next year. Unfortunately, their policies may not be worth much, because they may not be able to actually get care.
America is suffering from a doctor shortage. An influx of millions of new patients into the healthcare system will only exacerbate that shortage, driving up the demand for care without doing anything about its supply. Those who get their coverage through Medicaid or the exchanges may feel the effects of the shortage even more acutely, as many providers are opting not to accept their insurance.
Right now, the United States is short some 20,000 doctors, according to the Association of American Medical Colleges. The shortage could quintuple over the next decade, thanks to the aging of the American population and the aging and consequent retirement of many physicians. Nearly half of the 800,000-plus doctors in the United States are over the age of 50.
Obamacare is further thinning the doctor corps. A Physicians Foundation survey of 13,000 doctors found 60 percent of doctors would retire today if they could, up from 45 percent before the law passed.
Practices being swallowed up by larger practices and hospitals is NOT a good thing. It may make it easier for the government to compile statistics and issue reports but I seriously doubt it does a damn thing for your healthcare.
“Depending on the plan you choose in the Marketplace, you may be able to keep your current doctor.” The bottom line is that Obamacare guarantees neither. Doctors may be only available through certain networks, just as in the current system. And only plans that existed in their current form on March 23, 2010, are even eligible to be “kept.” The vast majority of plans will be new, subject to a raft of new regulations, requirements, and restrictions.
Now that Health and Human Services has confirmed that the suspicions of Obamacare opponents were justified, the Obama administration will have some explaining to do to friends and foes of the law alike. Because now everyone is finding out “what’s in it.”
I don’t expect the Obama administration will do any explaining. Take your medicine and shut up.