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ObamaCare: Insurance Premiums Soaring Up, Up, and Away
Biggovernment.com ^ | November 1. 2009 | by Capitol Confidential

Posted on 10/31/2009 10:47:56 PM PDT by Jet Jaguar

CBO DIRECTOR DOUGLAS ELMENDORF: “Our Judgment Is That That Piece Of The Legislation Would Raise Insurance Premiums.” (Finance Committee, U.S. Senate, Hearing, 9/22/09)

New Government Regulations: “[P]remiums in the new insurance exchanges would tend to be higher than the average premiums in the current-law individual market…” (CBO Director Douglas Elmendorf, Letter To Sen. Baucus, P. 6, 9/22/09)

New Taxes On Medical Devices, Prescription Drugs And Clinical Labs: “Those projected premium amounts include the effect of the fees that would be imposed under the proposal on manufacturers and importers of brand name drugs and medical devices, on health insurance providers, and on clinical laboratories. Those fees would increase costs for the affected firms, which would be passed on to purchasers and ultimately would raise insurance fees by a corresponding amount.” (Doug Elmendorf, “CBO’s Analysis Of Premiums Under The Chairman’s Mark Of The America’s Healthy Future Act,” CBO Blog, 9/23/09)

New Taxes On High Cost Insurance Plans: “The imposition of the excise tax on insurers can be expected to lead health insurance providers and consumers to take measures to minimize their burden from the tax. As insurers pass along the cost to the consumer by increasing price, the cost of employer provided insurance will increase.” (“Memorandum: Revenue Estimate,” Joint Committee on Taxation, 9/29/09)

HIGHER HEALTH CARE COSTS

HHS’s Center for Medicare and Medicaid Systems Actuary: “Total National Health Expenditures Under This Bill Would Increase…” (”Estimated Financial Effects Of The ‘America’s Affordable Health Choices Act Of 2009’ (H.R. 3200), As Reported By The Ways And Means Committee,” Centers For Medicare & Medicaid Services, P.3, 10/21/09)

AP: “The nation’s medical costs will keep spiraling upward even faster than they are now under Democratic legislation pending in the House, a report from government economic experts concluded…” (“US Health Care Tab Would Grow Under Overhaul,” AP, 10/21/09)

CBO ON SENATE FINANCE PROPOSAL: Costs Will Grow. “The gross cost of the coverage expansions, consisting of exchange subsidies, the net costs of expanded eligibility for Medicaid, and tax credits for employers: Those provisions have an estimated cost of $180 billion in 2019, and that cost is growing at about 8 percent per year toward the end of the 10-year budget window.” (CBO Director Douglas Elmendorf, Letter to Sen. Baucus, P. 10, 10/7/09)

CONSISTENT WITH INDEPENDENT STUDIES

OLIVER WYMAN STUDY: “Average premiums for small employers will increase: Under reform, small employers will experience premium increases as a result of rating rule changes and minimum benefit requirements.” (Oliver Wyman, “Insurance Reforms Must Include A Strong Individual Mandate And Oth

er Key Provisions To Ensure Affordability,” P.3, 10/14/09)

PRICEWATERHOUSE COOPERS STUDY: “There are four provisi ons included in the Senate Finance Committee proposal that could increase private health insurance premiums above the levels projected under current law.” (PricewaterhouseCoopers, “Potential Impact Of Health Reform On The Cost Of Private Health Insurance Coverage,” P.3, 10/11/09)

HAY GROUP STUDY: “Our model results show significantly higher premiums and lower coverage levels than for the most recent version of the Senate Finance Committee bill than our original assumptions would have produced.” (Hay Group, “Impact Of Proposed Senate Finance Committee Health Care Reform Bill On The Nongroup Market,” P.1, 10/5/09)

MILLIMAN STUDY: “The combined effect of immediate implementation of the reform initiatives described above would be expected to increase average premiums over and above normal trend levels in both the small group and individual insurance markets.” (Milliman, “Analysis Of Impact Of Certain Healthcare Reform Initiatives on Health Insurance,” P. 4, 7/13/09) WELLPOINT STUDY: “Health care reform legislation introduces several new broad taxes and fees that will further drive up health insurance premiums…” (Wellpoint, “Health Care Reform Premium Impact In Ohio,” p.17, 2009)

CONSISTENT WITH AMERICAN PUBLIC OPINION GALLUP POLL: “Americans Have Become More Likely To Say The Costs Their Family Pays For Healthcare Will Get Worse If A Healthcare Bill Passes…” (“In U.S., Half See Own Costs Worsening Under Health Care Bill,” Gallup, 10/22/09)

· 76% Say Their Costs Would Get Worse or Not Change

· 22% Say Their Costs Would Get Better


TOPICS: Constitution/Conservatism; Crime/Corruption; Extended News
KEYWORDS: obama; obamacare; romney; romneycare

1 posted on 10/31/2009 10:47:56 PM PDT by Jet Jaguar
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To: Jet Jaguar

later


2 posted on 10/31/2009 10:54:00 PM PDT by goodnesswins
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To: Jet Jaguar

Passage of the socialized medicine law will begin the non-peaceful phase of the re-revolution.


3 posted on 10/31/2009 10:56:23 PM PDT by rae4palin
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To: Jet Jaguar

You’re taxes are going to be so high, you won’t even notice. :)


4 posted on 10/31/2009 10:57:42 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Jet Jaguar
“Republicans warn: Rationing medicine has already begun
But in a joint opinion piece called "Govt.-Run Health Care Isn't the Answer," published
in the online version of The Advocate, a leading homosexual magazine, Sen. Tom
Coburn, R-Okla., and GOProud's Christopher R. Barron warned the homosexual
community that the Ryan White CARE Act has already demonstrated how government-
run health care has introduced rationing and waiting lists and cost the lives of the people under its provisions.”


“DEATH PANELS OPEN FOR BUSINESS IN MASSACHUSETTS”


“President Obama's newly confirmed regulatory czar defended the
possibility of removing organs from terminally ill patients without their permission.”


“You can’t reap these savings without limiting patients’ choices in some way," said Paul Levy, CEO of Beth Israel Deaconess.”


“State plan may place limits on patients’ hospital options( Mass. RomneyCare )”


"Romney Visits Nebraska, Talks Health Care [where he defends Romneycare] “


"Paying the Health Tax in Massachusetts [Romneycare]
Massachusetts requires every resident to have health insurance, and this
year, without informing us directly, the state had changed the rules in a way that made
our bare-bones policy no longer acceptable. Unless we ponied up for a pricier policy we
neither need nor want—or enrolled in a government-sponsored insurance plan—we
would have to pay $1,000 each year to the state.
How did we become outlaws? “


"National Health Preview - The Massachusetts debacle, coming soon to your neighborhood."
It was only a matter of time.
They're trying to manage the huge costs of the subsidized middle-class insurance program that is gradually swallowing the state budget.
The program provides low- or no-cost coverage to about 165,000 residents, or three-fifths of the newly insured, and is budgeted at $880 million for 2010, a 7.3% single-year increase that is likely to be optimistic.
The state's overall costs on health programs have increased by 42% (!) since 2006."


A Very Sick Health Plan; Bay State’s ‘Grand Experiment’ Fails [RomneyCare]
"Initiated on Mr. Romney’s gubernatorial watch in 2006, this “experiment” has fallen on hard times, and predictably so. “


Health care in Massachusetts: a warning for America [Romney brings Mass. to its knees]
The Bay State's mandatory insurance law is raising costs, limiting access, and lowering care.

Three years ago, Massachusetts adopted a plan requiring all residents to purchase health
insurance, with state subsidies for lower-income residents. But rather than creating a
utopia of high-quality affordable healthcare, the result has been the exact opposite –
skyrocketing costs, worsened access, and lower quality care."


"‘Severe’ doc shortage seen hiking wait time
“The shortage is getting more severe”"


“Health costs to rise again.( RomneyCare )
The state’s major health insurers plan to raise premiums by about 10 percent next year,
prompting many employers to reduce benefits and shift additional costs to workers.”


“Nation’s ill-advised to follow Mass. plan [Health plan a failure]
September 17, 2009 The canary is dead.
Massachusetts, the model for the ObamaCare universal insurance plan, is the canary in
the health care coal mine. Yesterday, its obit appeared on the front page of both The Wall
Street Journal and The Boston Globe-Democrat “


"Bay State Insurance Premiums Highest in Country - Boston Globe August 22, 2009
Massachusetts has the most expensive family health insurance premiums in the country,
according to a new analysis that highlights the state’s challenge in trying to rein in medical costs
40 percent higher than in 2003. Over the same period, premiums nationwide rose an average of 33 percent..."


"Massachusetts: the laboratory for ObamaCare“


"Massachusetts' Obama-like reforms increase health costs, wait times [RomneyCare]
Premiums are growing 21 to 46 percent faster than the national average"


"Mass. Pushes Rationing to Control Universal Healthcare Costs (RomneyCare)
A 10-member Massachusetts state healthcare advisory board unanimously recommended
that the state begin rationing healthcare to keep the state’s marquee universal health care program afloat financially.


"1,000 cancer patients 'refused treatment'"


"Massachusetts Universal Healthcare System Breaking Down Already
ERs in Massachusetts have not seen a downturn in visits. On the contrary, it seems that ER visits are actually on the upswing in the Bay State. In fact, in 2007 they were higher than the national average by 20 percent...”


"Hospital patients 'left in agony'"


"National Health Preview - The Massachusetts debacle, coming soon to your neighborhood.
In Massachusetts's latest crisis,
They're trying to manage the huge costs of the subsidized middle-class insurance program that is gradually swallowing the state budget.
The program provides low- or no-cost coverage to about 165,000 residents, or three-fifths of the newly insured, and is budgeted at $880 million for 2010, a 7.3% single-year increase that is likely to be optimistic.
The state's overall costs on health programs have increased by 42% (!) since 2006
Mr. Romney should have known better before signing on to this not-so-grand experiment, especially since the state's "free market" reforms that he boasts about have proven to be irrelevant when not fictional.
Only 21,000 people have used the "connector" that was supposed to link individuals to private insurers."


A Very Sick Health Plan; Bay State’s ‘Grand Experiment’ Fails [RomneyCare]
… fiscal troubles aplenty within Repubican Mitt Romney’s brainchild, Massachusetts’ “grand experiment” in “universal” health care."
"Initiated on Mr. Romney’s gubernatorial watch in 2006, this “experiment” has fallen on hard times, and predictably so.
Even though the Bay State commenced its program with a far smaller percentage of uninsured residents than exists nationwide,
“RomneyCare” is threatening to bankrupt the state.“


"Dem Congresswoman Admits Obama Health Care Plan Will Destroy Private Health Insurance Industry"


"Romney’s mistreatments a sick man, as Gov. Mitt Romney meets a medical marijuana patient"

PROOF OBAMA - CARE is a Disaster (and Congress could care less)

“The former CBO director, Douglas Holtz-Eakin, warns today on the effect ObamaCare
will have on our economy and health care. …This bill will lead to a huge middle class tax increase:
The bill creates a new health entitlement program that the Congressional Budget Office
(CBO) estimates will grow over the longer term at a rate of 8% annually, which is much
faster than the growth rate of the economy or tax revenues.“


”When Barack Obama ran for president, he promised that his health care plan would
"lower health-care costs by $2,500 for the typical family." Now, it turns out that new
legislation that he supports creating public-private "co-operatives" will increase the costs
of family health insurance by $4,000 by 2019.”


”Robert Reich Reveals Brutal Health Care Truths; MSM Snores
"We're going to have to, if you're very old, we're not going to give you all that
technology and all those drugs for the last couple of years of your life to keep you
maybe going for another couple of months. It's too expensive...so we're going to let
you die."


”PriceWaterhouseCoopers concluded that the cost of health insurance for the average
family will rise by $4,000 by 2019, as compared with doing nothing:”


“Customers will pay big for health fix: insurers”


“A major new report confirms the worst fears of many: Health care reform will raise the
costs for most Americans—by about 18% on average. That is on top of existing inflation of health coverage.”


“The WSJ Guide to ObamaCare. A comprehensive collection of our editorials. "


“45% Of Doctors Would Consider Quitting If Congress Passes Health Care Overhaul
Two of every three practicing physicians oppose the medical overhaul plan under
consideration in Washington, and hundreds of thousands would think about shutting
down their practices or retiring early if it were adopted, a new IBD/TIPP Poll has found.
The poll contradicts the claims of not only the White House, but also doctors' own lobby
— the powerful American Medical Association “


"Obama health care plan projected to cost 5.2 million jobs
In addition wages would be “stunted” for another 10.2 million wage earners."


"Oregon Offers Terminal Patients Doctor-Assisted Suicide Instead of Medical Care
PORTLAND, Ore. — Some terminally ill patients in Oregon who turned to their state for health care
were denied treatment and offered doctor-assisted suicide instead
"[How could they] not pay for medication that would help my life, and yet offer to pay to end my life?"


"Obama Health-Care Would Drive Up Inflation and Health-Care Costs
ObamaCare would shrink the economy, drive up health-care costs and inflation,
and increase the deficit,
Overall, total federal expenditures will be 5.6 percent higher than otherwise by 2019, adding $285.6 billion to the federal deficit in 2019”


"Pushing Veterans Toward the Grave”


PROOF Socialized Medicine is a Disaster


"In September 2005 the GMC found Dr Shankar guilty of serious professional
misconduct after he dismissed the case of a baby with a blocked artery and then forged his notes on the examination.
Nine-day-old Daniel Miller, whose leg had turned dark blue, had a life threatening blood
clot and his toes were becoming gangrenous, but Dr Shankar had said his nappy was too tight.
He was suspended for six months, and after a failed appeal in March 2007 received a further nine month ban.
However, in January 2008 the GMC allowed him to return to unrestricted practice."


"Hospital patients 'left in agony'"
"Patients were allegedly left screaming in pain and drinking from flower vases on a nightmare hospital ward.
She said: "We saw patients drinking out of..."


“Woman bleeds to death after doctor punctures jugular - and no blood is available(UK) "


“Canadian Aboriginals receive body bags for flu

Health officials ordered an investigation Thursday into why the Canadian government
sent body bags to an Aboriginal reserve in Manitoba after community leaders requested
assistance to deal with an expected outbreak of swine flu. “


"Patient with ulcer collapses and dies after paramedics tell her: 'Stop being a drama queen'"


"Doctors said I'd had a miscarriage and did nothing as my premature baby fought for his life"


"British Death Panel IBD Editorials September 10, 2009
Single Payer: In Britain, where the public option is about all most patients get,
a newborn has died because national guidelines recommend that the baby not be treated."


"Is This The Obamacare Future? Overworked Doctors in Australia Worried They Are Killing Patients
there are long waiting lists for orthopedic surgery (median wait for total hip replacement is 88 days;
10% of patients waited over 345 days in 1999 to 2000), and cataract surgery (median is 73 days; 10% waited more than 316 days)."


"Bed shortage forces 4,000 mothers to give birth in lifts, offices and hospital toilets"


"Sentenced to death on the NHS ….
they can then have fluid and drugs withdrawn and many are put on continuous sedation until they pass away.


"NHS blunders allowed cannibal Peter Bryan to kill two”


"Paramedics told: 'Let accident victims die if they want to' in new row over patient rights (UK)"



"Patients Forced To Wait Hours In Ambulances Parked Outside A&E Departments"


"Cancer survivor confronts the health secretary on 62-day wait (UK)"


"Hospital patient so shocked at dirty ward she climbed out of bed to clean it herself."


"Kidney cancer patients denied life-saving drugs by NHS rationing body NICE (UK) "


"Girl, 3, has heart operation cancelled three times because of bed shortage (UK)."

5 posted on 11/01/2009 4:39:25 AM PST by Diogenesis ("Those who go below the surface do so at their peril" - Oscar Wilde)
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