In Parts I and II of this blog entry, are cites to government publications about Obamacare, the “scheme” to hide the real costs of Obamacare from Americans, especially senior citizens who will be the hardest hit— plus reaction by the Association of American Physicians and Surgeons’ cite, which speaks to Obamacare/PPACA. This third part of the blog will address what Americans can do to offset the increased costs of Obamacare.
What can Americans do about Obamacare? Let’s start with employers. Some employers will reduce their employees’ working hours to part-time hours, which fall outside the mandates of full-time employees. Although this may not be fair to some employees, they may be better off getting a partial pay check, than none at all, if some are laid off to reduce the high costs of Obamacare. Many businesses are already “lawyering up,” telling the media that Obamacare will reduce their ability to grow their businesses because of the projected additional taxes and costs that the GAO, the House Committee on Oversight and Government Reform, the Congressional Budget Office and others point out that are part and parcel to Obamacare. At this point, it is safe to say that Obamacare will benefit insurers and government—adding at least 16,000 more IRS workers alone. Obamacare will NOT benefit consumers, patients, doctors, hospitals, nor employers.
Other employers, like Sears and Darden Restaurants (parent company of Red Lobster and Olive Garden,) are creating new options to assist their employees to head off the increasing costs of healthcare. But the costs are rising in part due to PPACA itself: through regulations and taxes, including “essential health benefits,” to cover mental-health and substance-abuse services, rehabilitative and habilitative services, medical devices and pediatric dental and vision care. (see Part II: )These services are not usual services consumers buy, except if they need them: again, as a former insurance sales rep, consumers traditionally buy the basic policy, and then add riders to them as needed. A 19-year old, for example, would not usually purchase insurance for pediatric dental care, unless s/he already has a child old enough to have teeth. The CBO (Congressional Budget Office, the fed’s accountant,) says that premiums will rise by close to 30% because of essential health benefits.
Obamacare/PPACA includes billions in taxes on insurers, drug companies, and medical-device companies that will be mostly passed on to consumers in the form of higher premiums. (ibid.) “Congress’s Joint Committee on Taxation estimates that the insurance tax alone will add close to $400 annually to family premiums in 2016. Because the taxes require aggregate amounts to be collected from insurance companies– $14 billion by 2018– if one insurer’s payout declines, other insurers have to make up the difference. PPACA’s tax structure will likely motivate insurers to merge– reducing competition and further driving up costs for consumers.”
After studying this article by Paul Howard, (see above,) I asked myself: what options are there to Obamacare and its increasing costs to Americans? Howard suggests looking at the Romney/Ryan platform, which has promised to repeal Obamacare on Day 1 of his presidency (presidential debate, 10/9/12.) Romney/Ryan advocate these options:
- Make health insurance truly portable (buy/serve across state lines,) opening up competition in services and pricing;
- Give individually-bought health plans the same tax advantage that companies have;
- Reform insurance rules, so that as long as consumers stay insured (continuous coverage—see part I of this blog,) they are not penalized for paying higher premiums if they do get sick;
- Open up the industry to insurance exchanges—giving consumers a wider range of choices and prices. “High risk pools could be created with modest funding from Washington for the small number of those with pre-existing conditions who cannot find affordable coverage.” (ibid, Howard article.)
- Finally, repeal the costly regs and taxes of PPACA/Obamacare, and re-fund Medicare/Advantage, which lowers the cost of health insurance.
Dr. Howard’s article concludes with: “Private health-insurance exchanges can serve as a model for real health-care reform— especially if the insurance they sell is made truly portable while protecting individuals from future rate increases as long as they stayed insured. It’s a simple, elegant approach that would improve American health care at low cost.”
Study healthcare from both front-end and back-end costs. The front end costs of Obamacare are way too high– and get higher at the back end. (Read Dr. Bellar’s one sentence definition of Obamacare, Part I.)
Obamacare does not translate to neither better healthcare nor affordable healthcare– not when a board of non-medical government-paid CPA’s decide consumers’ medical needs! These life-and-death decisions will be based on insurance profitability. If decisions were based upon healthcare, the board would consist of physicians. Americans were told, Obamacare does NOT add taxes— Obamacare makes healthcare affordable– but this isn’t true. The GAO, CBO, HCO, AAPS, and others are warning us to do our homework. Even the United States Supreme Court has said that, “States are not required to implement Exchanges or to take the bait….and should not do so.” http://www.Aapsonline.org/index.php/site/article/supreme_court_oral_argument_analysis/
We either comply with a questionable law the nation did not support, which Congress exempted themselves and the President– or repeal PPACA and re-fund Medicare, where the money came from. “And to the Republic for which it stands,” draft a non-partisan bill that protects the American people. Remember… government of the people, by the people and for the people, shall not perish from the earth. (*November 11, 1863: Lincoln’s Gettsyburg Address.)
Get the facts…. And you decide! Be an informed Voter!