by Michael D. Shaw, staff writer
An important component of the Patient Protection and Affordable Care Act (Obamacare) is the establishment of so-called Health Insurance Exchanges, given the acronym HIX. Driven by the questionable notion that getting everyone insured was the most important problem to be solved in health care, and energized by the earlier concept of managed competition, HIX are intended to help individuals and small businesses purchase health insurance coverage. By January 1, 2014 these exchanges must exist in every state.
Managed competition is a purchasing strategy based on microeconomic principles, whereby maximum value is supposedly obtained for both consumers and employers. At the heart of managed competition is an all-powerful sponsor, whose role is to establish rules of equity, select participating plans, manage the enrollment process, create price-elastic demand, and manage risk selection. Its proponents acknowledge that it will tend to succeed based on the extent of high-quality, cost-effective, organized systems of care already in … Continue Reading:A Look at HIX: Health Insurance Exchanges
by Michael D. Shaw
Americans will remember the oft-repeated promise made by Obama in 2008, whereby health insurance premiums for American families would be cut by $2500, and this would occur within his first term. Presumably, he based this contention on a memo written for his campaign in May, 2007 by three well-regarded experts from Harvard: David Blumenthal, David Cutler, and Jeffrey Liebman.
As they stated:
Combining all of these effects—from improved health IT, better disease management, reduced insurance overhead, reinsurance, and reduced uncompensated care —under our “best-guess” assumptions, we estimate that businesses will save $140 billion annually in insurance premiums. The typical family will save $2500 per year.
In reality, you would be hard-pressed to find anyone whose premiums have decreased. Rather, according to the latest annual Kaiser Family Foundation employee health benefits survey, premiums for employer-provided family coverage rose $3065—a 24% increase from 2008 to 2012. Looking only at the period after ACA became law, … Continue Reading:Watching the Affordable Care Act Unfold (Or Maybe Unravel)
by Doug Book, staff writer
Chief Justice John Roberts rewrote the Affordable Care Act (ACA) in order to rescue it from the Constitution. The IRS rewrote the law in order to rescue it from financial oblivion. And the leftist scribes who authored ObamaCare claim none of this illegal, post-legislative tampering really matters. For they contend that what they wrote in the law is not as important as what they really meant!
John Roberts stunned and angered “fellow” conservative justices on the Supreme Court when he deliberately ignored the actual language of the Affordable Care Act in ruling the law Constitutional. For although the law’s authors were careful to avoid any use of the word TAX, Robert’s ruled the individual mandate to be just that, allowing him to find the mandate Constitutional under the congressional power to tax. It was this dishonest interpretation of Congress’ “intent” which has permitted ObamaCare to continue on.
On May 23rd, … Continue Reading:Will the illegal “re-writing” of ObamaCare never end?
by Doug Book, staff writer
The signature power grab of the left may be the “law of the land” as conceded by ever conciliatory House Speaker John Boehner, but getting the massively complex statute up and running will be far more difficult than getting it passed.
When Democrats rammed ObamaCare through congress in 2010, their intent was to literally acquire the power of life and death over the American people, not create a workable healthcare plan. And this becomes increasingly apparent as the requirements of the 2700 page behemoth are gradually made known.
Those who wrote the law believed that elected officials in the 50 states would eagerly invest an untold number of taxpayer millions for the creation of ObamaCare exchanges within their borders, dramatically increase state Medicaid outlays and permit the federal bureaucracy to legislate everything for which the state treasury would be responsible in perpetuity!
And now these fanciers of death panels and … Continue Reading:ObamaCare: a law which the feds never intended to implement by themselves!