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Feb
13

And Yet Again...

Another in what is sure to be a long thread of "I told you so" posts.....

To no ones (on the GOP side of the aisle) surprise, another report came out saying that what was promised in the Affordable Care Act is not going to become reality.  Logical Lady Betsy McCaughey sums up the news for the New York Post.

The central parts of ObamaCare don’t roll out until 2014, but the wheels are already falling off this clunker. The latest news from four federal agencies is that 1) insurance will be a lot less affordable than Americans were led to expect, 2) fewer people than promised will get insurance and 3) millions of people who have coverage through a job now will lose it, thanks to the president’s “reforms.” Oh, and children are the biggest victims.

The Affordable Care Act is looking less and less affordable.

Start with the IRS’s new estimate for what the cheapest family plan will cost by 2016: $20,000 a year to cover two adults and three kids. And that will only cover 60 percent of medical bills, so add hefty out-of-pocket costs, too.

The next surprise is for parents who thought their kids would be covered by an employer. Sloppy wording in the law left that unclear until last week, when the IRS ruled that kids won’t be covered.

Starting in 2014, the law will require employers with 50 or more full-time employees to offer coverage or pay a penalty. “Affordable” coverage, that is — meaning the employee can’t be told to contribute more than 9.5 percent of his salary. For example, a worker earning $40,000 a year cannot be required to pay more than $3.800.

But the law doesn’t specifically mandate family coverage — and now the administration says that won’t be required.

Wasn't part of the campaign for this bill that it was "for the chillllldreeeeeennnnnn"?  Remember what I said about that?

If the lowest-cost family plan (again, two adults and three kids) is to run a whopping $20,000, and if the employee’s contribution is limited to $3,800, the employer’s tab would be $16,200 — adding about $7.40 an hour to the cost of that employee. Wisely, the IRS announced on Jan. 30 that employers won’t have to pay for dependents.

But the Congressional Budget Office’s much-cited prediction that ObamaCare would leave only 30 million people uninsured by 2016 was based on the assumption that kids would be covered by employers. At the very least, employers insuring their workers for the first time to avoid the penalty are unlikely to do that.

So how will the kids be covered? They won’t. The IRS shocked the law’s advocates by announcing that the insurance exchanges won’t provide subsidies for a child whose parent is covered at work.

Nor will these parents be penalized for not insuring their children — the IRS will kindly consider the kids exempt from the mandate.

Emphasis mine.  Oh and the much vaunted health care exchanges?  The Administration has been handing out exemptions to that as if they were candy.  Those exemptions mean....

Also exempt are millions of people who’ll stay uninsured because their state is wisely choosing not to loosen Medicaid eligibility.

Some background: Despite President Obama’s promises to help solve the problem of the uninsured by making private health plans more affordable, the law expands coverage mainly by forcing states to loosen their Medicaid eligibility rules. But the Supreme Court ruled that the feds can’t command states in this way.

At first, the CBO said that ruling would only prevent 4 million people from gaining coverage — but more states than it expected are refusing to go along; it could well be 8 million more without coverage.

And the promise that if you have a plan with your employer that you like, you can keep it (something I knew from the beginning was an out and out lie)?

Oh, and the CBO last week also doubled its previous estimate on how many people will lose the health coverage they now get through work, upping the figure to 8 million by 2016 and 12 million by 2019. Several top consulting firms put the figures even higher.

But here is what happens when you don't READ legislation before you pass it.....

Yet the biggest setback is that most states are refusing to set up insurance exchanges. The exchanges are supposed to sell the government-mandated plans and hand out taxpayer-funded subsidies to most enrollees.

Here’s the glitch. The law says that in states that refuse, the federal government can set up an exchange. But the law empowers only state exchanges, not federal ones, to hand out subsidies. The Obama administration says it will disregard the law and offer subsidies in all 50 states anyway, but the case will likely go to the Supreme Court.

Oops.....

The bottom line, as those of us who read the bill before it was passed said, is that the so-called Affordable Care Act is not affordable nor does it increase health care coverage.  It was just an excuse for the government to tax businesses out of existence and get more and more people dependent on Nanny Government for their existence. 

I told you so.....

UPDATE: More I Told You So....

California, the state that first attempted to implement President Barack Obama’s health care overhaul, has realized there aren’t enough doctors to care for the large influx of newly insured patients...

...“We’re going to be mandating that every single person in this state have insurance,” Democratic state Sen. Ed Hernandez told the Los Angeles Times. “What good is it if they are going to have a health insurance card, but no access to doctors?”

I'll say this right now - as the number of doctors continues to fall and government attempts to fill the gaps with less qualified people, the more over-burdened the already over-burdened system will become and the WORSE our quality of care becomes.  But hey - as long as everyone has access to the crappy care....Oh wait......

Written by LL.

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