Too bad Nancy Pelosi could not have taken the time to actually look inside the 2000+ pages of the Obamacare law to see what little goodies were stashed away in the Pandora’s box Congress created. On the outside of the box was a gift-wrapped promise: Lower healthcare costs for everyone. As reality sets in, however, [...]
According to Forbes, more than 11 million Americans are now covered by an HSA plan. That’s up 14% in one year and a mind-boggling 87% increase since 2008. Find the Forbes article here. Health savings accounts were introduced as part of the Medicare Reform Act in 2004. A health savings account combines a high deductible [...]
In what can only be described as an incredulous turn of events, the Obama administration has gone from arguing “it’s a tax” to “make less money” in its effort to stave off legal challenges to the healthcare reform law. Originally, the administration had tried to argue that the penalty for not purchasing individual coverage was [...]
On April 15, President Obama signed legislation that rescinds the burdensome 1099 requirement that was inserted into the healthcare reform legislation to help fund Obamacare. The idea was simple enough. Increase reporting of independent contractor work that is reported via 1099′s. The Democrats figured this would get them a few extra $Billions in tax revenue. [...]
They’re beginning to figure it out. Health insurance premiums are not going down, they’re going up . . . A LOT.
As this article from the Seattle Times relays, Washington residents will see premiums rise around 20-22% between Oct. 1 and Jan. 1.
And that’s just the beginning.
This time, they are not blaming Obamacare.
Oh. Really?
Well, perhaps next time when rates shoot up another 20-25% they’ll finally make the connection.
Could it be that Obamacare alone will be responsible for increases of 40-50% within a year of its passage? Yep, entirely possible.
The solution? Repeal Obamacare?
Maybe. Maybe not. I’m beginning to wonder whether that movement has any real traction.
In the meantime, high deductible health plans still make the most sense. In fact, they make more sense than ever.
Use this link to get quotes for high deductible plans and start saving today!
CDR
Missourians debate the repudiation of Obamacare
Almost three-fourths of Missourians who went to the polls on Tuesday, August 3, voted to repudiate President Obama’s mandate that everyone must buy health insurance.
Although largely symbolic, it send a resounding message to Washington: ENOUGH IS ENOUGH.
Get out of our pockets. Get out of our lives.
That’s the message Americans seem to overwhelmingly be sending to Washington. Except for those who live in the northeastern seaboard states. Go figure.
Here’s a link to the article Missouri rejects Obamacare
Healthcare reform made easy
At first thought, you may be thinking: What a monstrosity. But guess what? There’s more.
According to the website of Rep. Kevin Brady (R-Tex), this chart only summarizes about 1/3 (one-third) of the known bureaucratic rules known to exist! The rest, they couldn’t fit onto a page and make it readable.
According to Rep. Brady’s site:
Brownback, the committee’s ranking member, added, “This updated chart illustrates the overwhelming expansion of government control over health choices and the bewildering complexity facing everyone affected by this law. It doesn’t take long to see how the recently signed health care bill causes a hugely expensive and explosive expansion of federal control over health care. Personal choices that should be between a doctor and a patient will quickly be strangled in a never ending web of bureaucracy.”
Senate Steering Committee Chairman Jim DeMint (R-South Carolina) called Obamacare “a bureaucratic nightmare. The Democrats’ takeover of health care creates a byzantine network of 159 new federal programs and bureaucracies to make decisions that should be between just the patient and their doctor. It should concern everyone that at the center of this regulatory web is the new CMS chief, Donald Berwick, who has championed rationing and European socialized medicine. Americans were rightly outraged that this big government bill was rushed through Congress before anyone read or fully understood the bill’s consequences. Republicans will fight to repeal this reckless takeover and to ensure health care freedom to American families.”
In addition to capturing the massive expansion of government and the overwhelming complexity of new regulations and taxes, the chart portrays:
*$569 billion in higher taxes;
*$529 billion in cuts to Medicare;
*swelling of the ranks of Medicaid by 16 million;
*17 major insurance mandates; and
*the creation of two new bureaucracies with powers to impose future rationing: the Patient-Centered Outcomes Research Institute and the Independent Payments Advisory Board.Brady admits committee analysts could not fit the entire health care bill on one chart. “This portrays only about one-third of the complexity of the final bill. It’s actually worse than this.”
click here for your own copy of the chart (PDF) – you may need it to follow along at home.
