Wednesday, January 01, 2014

Affordable Care Act, (ObamaCare), A Failure : Another Chance for Success?

Bottom line, elections have consequences. When you voted for the progressive socialist liberal Democrats to take control of all aspects or our government, voters unwittingly or by choice decided to destroy our country. Worse, they have no idea what has happened due to their ignorance. The poles show that more then 43% of votes believe Mr Obama and the progressive socialist are doing a good job. 

Luckily we have another chance to save our selves next November by voting out the progressives Democrats that have brought us this nightmare of liberal socialism, and then pounding in the final nail in the coffin of progressives by electing a Conservative in 2016.

Failing this will result in a total and "fundamental" change of our country and the world, a change that no one will like  and regret but will have to endure for generations.

When chaos reigns all around you as a result of indecision or force of will , remember, ignorance is no excuse for complacency and failure. You decide your own fate.

The End of ObamaCare: Just the Beginning of Better Health Care
Source: Michael J. Boskin, "ObamaCare's Troubles Are Only Beginning," Wall Street Journal, December 15, 2013.

December 19, 2013

ObamaCare is only going to get worse, says Michael Boskin, a senior fellow at the Hoover Institution.
  • As we move into 2014, the increased costs from ObamaCare are going to become even more apparent as individuals begin paying higher deductibles and copays.
  • People have already begun to see premiums increase by 30 percent and more, but if too few healthy people sign up for insurance, premiums will have to rise even more to subsidize the sick.
  • The insurance market will begin to unravel.
On top of this, more people are going to begin to see that they cannot keep their doctors or see the doctor that they want.
  • In order to keep prices low, insurance companies are offering very restrictive health plans that give patients access only to certain doctors and hospitals.
  • Often, these plans do not include the best hospitals in the area.
  • If an individual wants to see someone outside of his network, he will have to pay more.
Moreover, people outside of the individual market (those covered by employer plans, union plans, or Medicare and Medicaid) are also going to begin to feel the effects of ObamaCare, and the time it takes before they can see a doctor is going to increase.

Even more workers are going to see their work reduced to part-time, and small businesses will be hesitant to hire more than 50 employees full time.

More broadly, fewer young people are going to seek careers in medicine. Practicing doctors, rather than accept lower incomes, will retire early or restrict their practices. And with higher taxes, the pace of innovation in drug and medical device development will slow down.
 

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