Just when you think that the Obamacare mess could not get any worse, it does. In an article published yesterday, Forbes magazine goes through exactly what the federal Department of Health and Human Services calculated in 2010 would be the effect of Obamacare. Here's the conclusion: the federal government estimated in 2010 that ninety-three million people across America would lose their health insurance plan as a result of Obamacare. For the last week, the focus has been on people who bought their coverage in the individual market, but the government also estimated the number of Americans with employer provided plans who would likely lose those to the ravages of Obamacare. The estimate was even published in appropriate bureaucratic language in the middle of some regulatory data in the Federal Register.
Let's step back for a moment to consider this. About one person in three in the USA was likely to lose his or her insurance policy. Meanwhile, the Liar in Chief, president Obama was out there for years after that telling Americans that if they liked their health insurance plan they could keep it. He did not mention the one in three for whom his statement was a lie. Even worse, consider that the whole rationale of Obamacare was to get health insurance coverage for about an additional twenty million people who were not previously insured. Think about that. Twenty million folks gain insurance but ninety-three million lose their policies? How many of those ninety-three will not be able to replace that insurance due to the cost? How many will replace the insurance at greatly increased cost which will lower their standard of living? How likely is it that the net effect of the plan will be positive if that many folks lose their plans? And let's not forget this question: how many folks will see their coverage degraded because of the effects of Obamacare. For example, the people who have private plans in New York can only now buy plans on the exchanges that require visiting only in-network providers. There is no coverage for out of network doctors, hospitals, labs and the like. The majority of the private plans in New York that are being cancelled had out of network coverage. That means that all the people covered by those plans have lost the ability to see the doctors of their choice.
It just keeps getting worse!
Let's step back for a moment to consider this. About one person in three in the USA was likely to lose his or her insurance policy. Meanwhile, the Liar in Chief, president Obama was out there for years after that telling Americans that if they liked their health insurance plan they could keep it. He did not mention the one in three for whom his statement was a lie. Even worse, consider that the whole rationale of Obamacare was to get health insurance coverage for about an additional twenty million people who were not previously insured. Think about that. Twenty million folks gain insurance but ninety-three million lose their policies? How many of those ninety-three will not be able to replace that insurance due to the cost? How many will replace the insurance at greatly increased cost which will lower their standard of living? How likely is it that the net effect of the plan will be positive if that many folks lose their plans? And let's not forget this question: how many folks will see their coverage degraded because of the effects of Obamacare. For example, the people who have private plans in New York can only now buy plans on the exchanges that require visiting only in-network providers. There is no coverage for out of network doctors, hospitals, labs and the like. The majority of the private plans in New York that are being cancelled had out of network coverage. That means that all the people covered by those plans have lost the ability to see the doctors of their choice.
It just keeps getting worse!
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