Issue Brief posted February 11, 2014
“Junk” Health Plans and Other Obamacare Insurance Myths
Obamacare affects nearly all areas of health care, but the most disruptive provisions of the law affect insurance sold in the individual market. In 2013, at least 4.7 million policyholders across 31 states and the District of Columbia were notified that their current coverage was being discontinued. The number is likely even higher, since data were not available for 19…
Issue Brief posted December 18, 2013
Ten Broken Obamacare Promises
Since the passage of Obamacare in 2010, many of the President’s famous promises have been routinely broken. As he so ironically threatened in 2009, “If you misrepresent what’s in this plan, we will call you out.” To that end, here are 10 promises of Obamacare that have already proved to be broken.
Promise #1: “If you like your health care plan, you’ll be able to keep…
Issue Brief posted November 8, 2013
Lack of Competition in Obamacare’s Exchanges: Over Half of U.S. Has Two or Fewer Carriers
My guiding principle is, and always has been, that consumers do better when there is choice and competition. That’s how the market works. Unfortunately, in 34 states, 75 percent of the insurance market is controlled by five or fewer companies. In Alabama, almost 90 percent is controlled by just one company. And without competition, the price of insurance goes up and…
Issue Brief posted August 26, 2013
Obamacare’s Impact on Businesses: An Update
Obamacare will impose new health coverage costs, the employer mandate, compliance regulations, and new taxes on all businesses. Altogether, these constraints will dramatically affect companies’ per-employee costs, desire to provide health coverage, and motivation to grow in terms of both income and employment.
Further Burdening Businesses
Obamacare is likely to…
Issue Brief posted August 23, 2013
Obamacare’s Impact on Doctors—An Update
No class of American professionals will be more negatively impacted by the Patient Protection and Affordable Care Act (PPACA), commonly referred to as Obamacare, than physicians.
Third-party payment arrangements are already compromising the independence and integrity of the medical profession, and Obamacare reinforces the worst of these features.
Issue Brief posted August 21, 2013
Obamacare’s Impact on Today’s and Tomorrow’s Taxpayers: An Update
At a time when the nation has nearly $17 trillion in national debt and is running annual trillion-dollar budget deficits, largely attributed to existing entitlements, Obamacare creates two new entitlements projected to cost nearly $1.8 trillion over the next decade.
While Obamacare is technically scored by the Congressional Budget Office (CBO) as a deficit reducer,…
Issue Brief posted August 20, 2013
What to Watch for in the PPACA’s Exchanges
Open enrollment in the Patient Protection and Affordable Care Act’s (PPACA’s) exchanges begins on October 1, 2013, with coverage taking effect on January 1, 2014. While the federal government has announced that it will not release official information on plan participation and premiums until September, some information has been released by the states.
Issue Brief posted August 20, 2013
Obamacare’s Impact on Seniors: An Update
The Patient Protection and Affordable Care Act (Obamacare) makes dramatic changes in the country’s health care system, especially in Medicare, that will seriously affect American seniors. Indeed, much of the health law’s new spending is financed by spending reductions in the Medicare program.
Less Access to Care
Obamacare mandates $716 billion in Medicare payment…
Issue Brief posted July 1, 2013
The Cost of Educating the Public on Obamacare
Open enrollment in Obamacare’s insurance exchanges is slated to begin in October, and the Administration is using extraordinary—and questionable—efforts to raise awareness among the public and facilitate enrollment for fear not enough people will sign up for coverage.
Secretary of Health and Human Services (HHS) Kathleen Sebelius has recently admitted to contacting…
Backgrounder posted May 23, 2013
The Obama Medicare Agenda: Why Seniors Will Fare Worse
Today’s seniors are facing higher Medicare costs. Over the next five years, current law, as amended by the Patient Protection and Affordable Care Act (PPACA, also known as Obamacare), already guarantees higher out-of-pocket costs for today’s seniors. Beyond the current law, the President’s latest budget proposal would increase seniors’ costs even more. So, notwithstanding…
Backgrounder posted May 20, 2013
Real Medicare Reform: Why Seniors Will Fare Better
Medicare reform based on a defined-contribution system of financing—commonly referred to as a “premium support” system—could slow or even reverse the growth in seniors’ annual premium costs.
Medicare Advantage (Part C), a system of private, competing plans, and Medicare Part D, the drug program, are, in effect, premium support programs. In basic structure, they have…