How Obamacare effects our economy.

[XJEEPER]

It has been stated by economists that by design, Obamacare restricts business growth, due to increased costs for the employers.

Proof is manifested daily.

• http://online.wsj.com/article/SB10001424052748703720004575478200948908976.html
• http://plainsdaily.com/entry/too_so...macare_north_dakota_blues_layoffs_due_to_gro/
• Last Monday, prior to Election Day, Memorial Hospital in Indiana announced planned layoffs due to cuts in reimbursement rates due to the new legislation.
• According to The Heritage Foundation, "half of those [seniors] who like the Medicare Advantage plan they’ve chosen will not be able to keep their plan."
• And, ironically, the AARP, which supported the government takeover, has told members that they can expect their insurance costs to rise thanks to Obamacare.

For the short-term, companies can apply for waivers to maintain existing coverage, but there's a catch..........

As of October 7, 2010, waiver requests from 1500 organizations had been filed with HHS, 15 times more than the expected 100 waiver requests.

To date, 110 companies/organizations have currently been approved by the US Dept of Health and Human Service to recieve an exempt status.....several are unions (SEIU) which were outspokenly pro-Obamacare.

SEIU is on the approved waiver list.

http://www.hhs.gov/ociio/regulations/approved_applications_for_waiver.html

Looking forward, this waiver option will expire in 2014.



The National Association of Insurance Commissioners warns that under Obamacare's Medical Loss Ratio (MLR) requirements that begins Jan 1, 2011, insurance companies unable to comply will be forced out of business, or at a minimum, to escalate costs to the insured and reduce their workforce.

http://www.naic.org/documents/committees_ex_grlc_mlr_sebelius_letter_101013.pdf

This regulation, by design, will fast-track government-provided single-payer healthcare.


Obama clearly and repeatedly stated...... "if you like your health plan you can keep it,” promising that nothing in the health reform law would force businesses or consumers to change health plans or change their doctor.

Labor Secretary Hilda Solis admits in the Interim Rule that by the end of 2013 up to 69% of all employer health plans will lose their grandfathered status under the law.
http://obamacarewatcher.org/portal/articles/13

Pelosi stated that in order to know what was in the bill, they first needed to pass the bill......Obama lied, Pelosi lied, Reid lied......the bill passed. http://www.youtube.com/watch?v=hV-05TLiiLU

It's Repeal Time.
atriot:

 

[Boatwrench]

Struck down today by a federal judge...it will be on its way to the Supreme Court.

 

[XJEEPER]

Let's hope the good stuff can be salvaged and the bad stuff dumped....Pelosi's theory was "We have to pass it to know what's in it."

12-10-10
Now a Merritt Hawkins survey of 2,379 doctors for the Physicians Foundation completed in August has vindicated our poll. It found that 40% of doctors said they would “retire, seek a nonclinical job in health care, or seek a job or business unrelated to health care” over the next three years as the overhaul is phased in.
Of those who said they planned to retire, 28% are 55 or younger and nearly half (49%) are 60 or younger.

A larger portion (74%) said they plan to make “one or more significant changes in their practices in the next one to three years, a time when many provisions of health reform will be phased in.”

In addition to retirement, and finding nonclinical jobs elsewhere, those changes include working part time, closing practices to new patients, employment at a hospital, cutting back on the number of patients and switching to a cash or concierge practice.

That would exacerbate an expected physician shortage over the next few years, making the goals of ObamaCare even more difficult to obtain. The main thrust of the program insures more low-income people through Medicaid, an insurance that already has more physicians leaving than joining. The exodus of physicians from the overall market means fewer choices for all consumers, longer wait times, and a degradation in outcomes.

It won’t just be early retirements and practice closings that create problems, either. The same disincentives driving those decisions will also keep new doctors from providing more supply to the market. Those coming out of the medical schools and teaching hospitals will find other jobs, especially those who show enough promise to choose their own ticket. It’s a worrisome scenario for the future of American health care.

http://www.investors.com/NewsAndAna...Finding-Of-Doctor-Exodus-Under-ObamaCare.aspx

 

[XJEEPER]

1-31-2001
FLORIDA JUDGE RULES IN FAVOR OF 26 STATES, DECLARING OBAMACARE UNCONSTITUTIONAL

http://blogs.forbes.com/davidwhelan...bamacare-individual-mandate-unconstitutional/

“Because the individual mandate is unconstitutional and not severable, the entire act must be declared void,” he added.

“The individual mandate applies across the board. People have no choice and there is no way to avoid it. Those who fall under the individual mandate either comply with it, or they are penalized. It is not based on an activity that they make the choice to undertake. Rather, it is based solely on citizenship and on being alive,” he wrote.

In his ruling Vinson says that in the past the Commerce Clause has been used to regulate activities like growing marijuana or navigating a waterway, but not used to force someone to do something they weren’t already doing. “It would be a radical departure from existing case law to hold that Congress can regulate inactivity under the Commerce Clause,” he writes.

Vinson rejects the administration’s argument that the health care market is unique since nobody can truly opt out–and that not buying insurance is in itself an economic activity since the cost of care then falls on others. Vinson mocks this argument, writing: “Everyone must participate in the food market… under this logic, Congress could [mandate] that every adult purchase and consume wheat bread daily.” If they didn’t buy wheat bread they might have a bad diet which would put a strain on the health care system, he writes.

Later he offers another analogy: “Congress could require that everyone above a certain income threshold buy a General Motors automobile — now partially government-owned — because those who do not buy GM cars (or those who buy foreign cars) are adversely impacting commerce and a taxpayer-subsidized business.”

Vinson concludes: “The individual mandate exceeds Congress’ commerce power, as it is understood, defined, and applied in the existing Supreme Court case law.”