Monday, November 4, 2013

ObamaCare or (SPMD) - Sick Pig of Mass Deception

In todays New York Times, Reed Abelson and Katie Thomas carried the water on behalf of Obama and his administration. The headline: "Under Health Care Act, Millions Eligible for Free Policies."

It took 21 paragraphs to inform readers that the "free" plans have annual out-of-pocket cost limits of $6,350 for individuals and $12,700 for families. They never described how the deductibles or copays work, and never noted that taxpayers are funding the subsidies.

"Millions of people could qualify for federal subsidies that will pay the entire monthly cost of some health care plans being offered in the online marketplaces set up under President Obama’s health care law, a surprising figure that has not garnered much attention, in part because the zero-premium plans come with serious trade-offs.
The vast majority of people who voted for politicians who supported the Affordable Care Act fully expect their plans to have very low deductibles ($500 - $1,000 or less), normal copay percentaages of roughly 80%, and virtually uninhibited access to medical providers. At best, the second one might be present in some plans; you can forget about Items 1 and 3.
 The primary mission of Abelson's and Thomas's report appears to be to delay that inevitable firestorm by throwing around the magic word "free....."
And now that "The People" are starting awake to the sick pig they just bought called ObamaCare, and a bit of real socialism they can understand has grabbed them by the ankle, the numbers and figures no one cared about are starting to become clear and giving a dose of stark reality. 

 this from Forbes
"The projections, prepared by the Society of Actuaries in March, 2013 predicted some pretty outrageous premium increases for people with individual coverage in the likes of California (62%), Alabama (60%), Texas (34%) and Arizona (41%). Only in New York, Massachusetts and New Jersey would the premiums decline slightly for people with individual coverage, a segment of the market that is expected to increase from 11.9 million people at present to 25.6 million as more Americans sign up for insurance coverage under ObamaCare. 
These projected increases, which you won’t hear the White House mentioning, are due to “the fact that premiums are driven primarily by the underlying cost of medical care and not health plans administrative costs and profits.” In general, the states expected to have large jumps in the premium now have “low current individual costs and those having high current individual costs” will show decreases."
Read the last sentence above again.
So rather than attack the high cost of medical care nationwide, we will just raise the cost of insurance where it is the most affordable.

1 comment:

  1. Awesome job on the ACA handbook pic DS! :-) All three of my adult children have had their Healthcare policies canceled and to say they are pissed off doesn't quite cover it. So far I am lucky as I am on Medicare and a secondary policy. Medicare doesn't pay doodly squat though. Starting next year I expect it to get much worse as Obozo robs Medicare blind. What gets me is the people that don't realize it is their Social Security payments that pay for Medicare, that are getting robbed.