Colorado insurers seek to raise premiums in response to ObamaCare
From the Denver Post: Some of the same insurers, meanwhile, have filed proposed rate increases with Colorado for individual policies, hiking premiums by up to 27 percent, regulators said. UnitedHealthcare has asked for an 8.3 percent increase in large-group plans, affecting 71,400 people; it also asked for 20.5 percent increases for 241 individuals. Aetna, in […]
ObamaCare: higher premiums, more Canadian-style rationing
From Reason.tv: Now that they’ve passed ObamaCare, can we see what’s in it? Sally Pipes, president and CEO of the Pacific Research Institute and author of The Truth About ObamaCare sits down with Ted Balaker to discuss what’s really on the way courtesy of the recent health care overhaul: higher costs, decreased access to care, […]
Sebelius to insurers: shut up or government shuts you out
The AP reports: President Barack Obama’s top health official on Thursday warned the insurance industry that the administration won’t tolerate blaming premium hikes on the new health overhaul law [HR 3590]. “There will be zero tolerance for this type of misinformation and unjustified rate increases,” Health and Human Services Secretary Kathleen Sebelius said in a […]
CO insurers stop selling child-only policies – blame health control bill
The Denver Business Journal reports: At least five Colorado insurers will stop selling new individual health insurance policies for children by Oct. 1 because of soon-to-be-enacted federal mandates [from HR 3590 – BTS] requiring them to cover all applicants under age 19, including those with pre-existing medical conditions. …this action by several major companies, including […]
9 of 10 companies anticipate their insurance will be banned
From MarketWatch: a new survey by Hewitt Associates, a global human resources consulting and outsourcing company, shows that almost all now believe they will not. Ninety percent of companies said they anticipate losing grandfathered status by 2014, with the majority expecting to do so in the next two years. Under the “grandfather” provision of the […]
Medicaid Rescissions Worse than Private Insurers
THe health control legislation [HR 3590] expands Medicaid eligibility. John Goodman explains how Medicaid‘s denial of coverage are worse than private insurers: During the year leading up to the final passage of the Patient Protection and Affordable Care Act (PPACA), the White House set up a special Web site and invited all Americans to post […]
“Don’t say the “the law will reduce costs and deficit.”
“Don’t say the “the law will reduce costs and deficit.” This is the last line on the final slide of a presentation given during a conference call organized by Families USA, a strong supporter of the health control legislation, HR 3590. Reports Ben Smith at Politico: Key White House allies are dramatically shifting their attempts […]
Prepare for countless government health care bureaucracies
House Speaker Nancy Pelosi said “we have to pass the bill [HR 3590] so you can find out what is in it.” Apparently passing the bill is not enough. We still don’t know what’s in it. As Politico reports:
Don’t bother trying to count up the number of agencies, boards and commissions created under the new […]
ObamaCare’s broken promises
Michael Tanner reviews a few of Barack Obama’s promises about the health control legislation (HR 3590) in a New York Post article:
“The bill doesn’t come close to giving “everybody” access to coverage.”
“Even further from reality is the president’s continued insistence that the new law is ‘reducing costs.’”
“Anyone who thinks that their insurance premiums will be […]
Bad Medicine: The Real Costs & Consequences of ObamaCare
A new analysis of ObamaCare (HR 3590) from the Cato Institute:
The length and complexity of the health care reform legislation, combined with a debate that often generated more heat than light, has led to massive confusion about the law’s likely impact. A new white paper by Cato senior fellow Michael D. […]
ObamaCare’s high-risk pools may deny coverage
This week the Denver Business Journal and the Denver Post reported on Colorado’s new federally subsidizes high-risk pools (”GettingUSCovered”). But there’s a good reason to be concerned about quality and access. The Hill reports:
The Obama administration has not ruled out turning sick people away from an insurance program created by the new healthcare law [HR […]
Draft HHS report: half of employer plans illegal by 2013
More illegal insurance resulting from HR 3590, the health control legislation. From Investor’s Business Daily:
Internal administration documents reveal that up to 51% of employers may have to relinquish their current health care coverage because of ObamaCare.
Small firms will be even likelier to lose existing plans.
Read the whole article: Keep Your Health Plan Under […]