ObamaCare forces insurers to withdraw from markets
“The impact of new rules on health insurance is causing people throughout the country to ‘lose the coverage they have now’ and to have many fewer options. …This leaves customers with fewer options of affordable coverage in an increasingly non-competitive market.” reports Grace-Marie Turner. Read the short paper summarizing the instances so far.
ObamaCare still bad: Cato Institute updates Bad Medicine
The Cato Institute has published an updated version of “Bad Medicine: A Guide to the Real Costs & Consequences of the New Health Care Law.” It will increase increase taxes, insurance premiums, “stage for government rationing & interference with how doctors practice medicine,” & make many people’s health plan illegal.
ObamaCare may sink like the Titanic
“The RMS Titanic remains the quintessential metaphor that symbolizes avoidable but inexorable downfall because of hubris and incompetence. In our new century, Obamacare may supplant it,” writes Milton Wolf. He explains why in “USS Obamacare takes on more water,” published in the Washington Times.
Aetna leaves Colorado’s individual insurance market
Aetna has stopped selling individual health insurance policies in Colorado. The Wall Street Journal interviews an analyst who suggests the ObamaCare’s medical-loss ratio rules “likely triggered Aetna’s decision to quit Colorado.”
How many are uninsurable because of pre-existing conditions?
An HHS study says 1% of Americans have been denied coverage because of a pre-existing conditions. Economists conclude that less than 1% of the population is uninsurable. The individual market pools risks well, and that allowing insurers to risk-rate premiums would encourage innovative products like health status insurance.
Health insurance takeover alert: Insurers selling different products
The Denver Business Journal reports that last year’s health control bill has “sped up the pace” of Colorado health insurers’ offering products other than medical insurance. You might think the proponents of “reform” want a government takeover of the health insurance business.
Prepare for the ObamaCare doctor shortage
David Catron at Health Care BS cites three surveys of doctors that each conclude that many will retire or stop practicing in response to ObamaCare (HR 3590) or other similar authoritarian “reform” measures.
Low-wage union workers’ kids lose health plans because of ObamaCare
Partly because of ObamCare [HR 3590], “one of the largest union-administered health-insurance funds in New York is dropping coverage for the children of more than 30,000 low-wage home attendants,” reports the Wall Street Journal.
Accountable care organizations threaten competition, quality care, & low prices
No advocate of liberty should be surprised by the following from the New York Times. Reporting on “accountable care organizations” established by ObamaCare (HR 3590): Consumer advocates fear that the health care law could worsen some of the very problems it was meant to solve — by reducing competition, driving up costs and creating incentives […]
ObamaCare and Colorado Medicaid Spending: Should Colorado Drop Out?
If the recent federal health care legislation remains as it currently exists, citizens and states might be better off exiting Medicaid and letting the federal government pay for health insurance for eligible Colorado citizens.
“You can keep your health insurance…if you BEG hard enough for an Obamacare waiver.”
That’s Michelle Malkin on ObamaCare (HR 3590), in her post titled “Obamacare waivers: Torquemada Sebelius spares McDonald’s, unions.” (via Ari Armstrong.)
Dangers of mandating medical loss ratios
John R. Graham of the Pacific Research Institute discusses the harms of the medical loss ratios mandated in ObamaCare (HR 3590): One of the ways in which ObamaCare will reduce individuals’ and businesses’ choices of health insurance is through regulating the Medical Loss Ratio (MLR), a relatively simple concept: Take the amount of dollars an […]
