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Keyword: healthcare

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  • Exploiting the Poor: Hospitals and Chain Drug Stores

    02/12/2016 5:19:13 PM PST · by Kaslin · 5 replies ^ | February 12, 2016 | Dan Horowitz
    Recently, a number of purportedly conservative commentators have been making the case against reform of a gaping loophole in the Department of Health and Human Services (HHS) "340b" program. But like the seedy snake oil salesmen of the Old West, these boisterous naysayers are not merely engaged in a game of corporate Three Card Monty. Sadly, these shills are now working - both in public and through quiet lobbying of Congress - to stop recommended improvements seeking to put a stop to wasteful and unnecessary spending. The Centers for Medicare & Medicaid Services (CMS), part of HHS, oversees the 340b...
  • No Deal: How Does Trump Plan to Reform America's Healthcare System?

    02/08/2016 7:27:14 AM PST · by SeekAndFind · 52 replies
    National Review ^ | 02/08/2016
    Donald Trump doesn't know what he thinks about health care. He has been a periodic advocate of a United Kingdom–style monopoly system and a periodic critic of such monopolies. He says that we should repeal the so-called Affordable Care Act and replace it with . . . something. Something "terrific." Well. When asked by New Hampshire debate moderator Mary Katharine Ham whether his flirtations with single-payer leave him closer to Vermont socialist Bernie Sanders than to mainstream Republicans, Trump gave a hilariously incoherent answer based in one part on banalities and one part on lies -- which is the Trump...
  • Bernie Sanders once thought the VA health care waiting list scandal a partisan plot

    02/08/2016 4:14:09 AM PST · by Marcus · 9 replies
    Blasting News ^ | February 8, 2016 | Mark R. Whittington
    Sen. Bernie Sanders, I-Vermont, is famous for his advocacy of a single-payer health care, such as prevails in Canada. However, one feature of such systems is the long wait times that patients have to endure before they get medical care. A case in point exists in the United States, with the Veterans’ Affairs Department health care system, government run, that has featured secret waiting lists upon which veterans have all too often died while in line for vital health care services. Sanders, at first, seemed to think that the story was a partisan plot to undermine the case for government-run...
  • ACA and Insurers Create More Barriers for Consumers

    02/06/2016 5:26:08 AM PST · by Kaslin · 26 replies ^ | February 6, 2016 | Ken Blackwell
    When the Patient Protection and Affordable Care Act, more commonly known as Obamacare, was enacted, Americans were promised a healthcare system in which insurance companies would be held accountable and patients would have access to affordable care. Six years later, however, the reality has proven to be quite different-a plan that was supposed to mend our nation's fractured healthcare system has driven up healthcare costs, decreased market competition, and ultimately harmed patients. Last week, UnitedHealth--the nation's largest health insurer--announced that it expects to lose more than $500 million through plans they offered under the ACA in 2016. Just yesterday, Anthem...
  • Obamacare: 2016 sticker shock

    02/05/2016 2:30:52 PM PST · by HarleyLady27 · 24 replies
    Washington Examiner ^ | June 2, 2015 | Paige Winfield Cunningham
    Health insurers are proposing to raise Obamacare rates more than in the past - some by more than 70 percent - now that they are finally equipped with all the information they need to price those plans. Plans wanting to raise rates by at least 10 percent next year posted the proposed increase online Monday, as required by the 2010 healthcare law. Insurers are allowed to raise rates each year, but they must publish significant increases ahead of time. Insurers have sold plans in the law's new insurance marketplaces for two years in a row. But the difference in 2016...
  • Man Asks Bernie Why he Should Pay More in Taxes, Here’s his MORONIC Response

    02/05/2016 6:02:21 AM PST · by Impala64ssa · 57 replies
    Young Conservatives ^ | 2/3/16 | Alicia Powe
    America is being destroyed by the murder of the middle class and these trends will continue to accelerate if another Democrat is elected. Sen. Bernie Sanders kicked off a town hall in New Hampshire Wednesday night by ensuring the poor and middle class major tax increases. An audience member asked Sanders about how his socialist plan to raise taxes would be help him on a $41,000 a year salary. Sanders claimed people would ultimately save money funding his “Medicare-for-all, single-payer program ” and not having to pay health insurance premiums. From Breitbart: Sanders was asked by Chris Brownell, “Senator Sanders,...
  • Why Trump and Sanders Share a Mandate for Universal Health Care

    02/04/2016 10:07:13 AM PST · by SeekAndFind · 33 replies
    The Fiscal Times ^ | 02/04/2016 | By Eric Pianin
    GOP presidential frontrunner Donald Trump says Sen. Ted Cruz is a "total liar" for labeling him an advocate of expanded Obamacare or universal national health care along the lines being touted by democratic socialist Sen. Bernie Sanders in the Democratic presidential contest. During an appearance on ABC's This Week on Sunday Trump insisted he would dismantle the Affordable Care Act if he is elected president and stressed that he doesn't favor a "single payer" universal government program that essentially would provide Medicare coverage for all. Yet despite the blustery real estate tycoon's protests about Cruz's characterizations, Trump espoused a form...
  • Trump, Sanders want universal healthcare

    02/03/2016 12:12:43 AM PST · by Praxeologue · 10 replies ^ | February 2, 2016 | Eric Pianin
    Trump, Sanders want universal healthcare : The front-runner s vague plan seems to echo that of the Democratic Socialist. 'Nonsense!': Bernie Sanders and Hillary Clinton battle in testy healthcare debate. The Bernie Sanders campaign dug up a 2-year-old tweet to troll Hillary Clinton's campaign chair. Bernie Sanders' healthcare plan would cost $13.8 trillion over 10 years GOP presidential front-runner Donald Trump says Sen. Ted Cruz is a 'total liar' for labeling him an advocate of expanded Obamacare or universal national health care along the lines being touted by democratic socialist Sen. Bernie Sanders in the Democratic presidential contest. During an...
  • Patients given hip implants made the wrong size

    02/01/2016 1:21:05 PM PST · by originalbuckeye · 21 replies
    The Telegraph ^ | 1/24/16 | By Claire Newell, Lyndsey Telford, Deborah Cohen, Edward Malnick and Luke Heighton
    Hip implants which have left thousands of British people in pain were manufactured incorrectly at a factory in Yorkshire, The Telegraph can reveal. One of the world’s largest hip replacement firms, DePuy, has admitted "an error in the measuring techniques" when making controversial metal-on-metal implants. Company bosses are now under intense pressure from victims of the hip scandal to answer in full questions on how long the firm was aware of the problem, amid claims that potentially faulty components were sold for years. This newspaper has previously disclosed how metal-on-metal hips have far higher wear rates than other implants, which...
  • My Problem with Trump on Health Care

    02/01/2016 1:18:42 PM PST · by texas_mrs · 86 replies
    Rush Limbaugh ^ | 12/01/2016 | Rush Limbaugh
    "RUSH: As for Trump, I have to... I was surprised. I was just a little stunned when Trump starts speaking positively... He didn't come out for single-payer health care, but he made it clear that when it comes to health care, he's closer to the Obama approach than to the traditional Republican. I was stunned. I was stunned when I saw what Trump had said on TV, literally taken aback by it. Anyway, we'll get into all this in detail as the program unfolds today. And, again, your host -- your beloved host -- is in a lion's share of...
  • [Nov. 2015] Climate change a low priority for most Canadians: Ipsos poll (Health Care #1)

    02/01/2016 9:37:19 AM PST · by B Knotts · 22 replies ^ | November 29, 2015 | Leslie Young
    As the Liberal government goes to negotiate a new climate agreement in Paris, polling shows that climate change is a low priority for most Canadians. When presented with a long list of policy issues, only 13 per cent of Canadians chose climate change as one of their top three worries, according to an Ipsos poll provided exclusively to Global News. Forty per cent of Canadians chose health care, and 39 per cent chose unemployment. Climate change even ranked below crime and education. “There are important issues and there are urgent issues,” said Mike Colledge, president of Canadian public affairs at...
  • Bernie Sanders Health Care (Letter to the Editor

    01/30/2016 8:33:43 AM PST · by rey · 10 replies
    Press Democrat ^ | 30 Jan 2016
    Sanders’ health plan EDITOR: I’m unfazed by Bernie Sanders’ admission that government-administered health care might raise my taxes. Under the current system, my husband and I pay $18,200 in annual premiums for the lowest level of catastrophic health insurance. If we require medical care, that could run us another $13,400 before our coverage kicks in, for a total annual liability of $31,600. I’m confident that by cutting the parasitic health insurers out of the equation, and by containing costs through bargaining and economies of scale, a Sanders administration could provide us all with Medicare-type coverage and put a lot of...
  • In Fraud They Trust: Obama Administration's Obamacare Failures Cost Taxpayers Millions

    01/29/2016 3:25:47 PM PST · by Kaslin · 9 replies ^ | January 29, 2016 | Justin Haskins
    A new report from the Office of Inspector General (OIG) at the Department of Health and Human Services (HHS) reveals in 2014, the year the Obamacare health insurance exchanges first opened, there was a significant lack of oversight of tax-credit payments sent to insurers, leading many to question how much of the $11 billion of taxpayer money paid to insurers in 2014 was fraudulent. One of the most important parts of the Affordable Care Act (ACA) legislation was the creation of taxpayer-funded credits that would theoretically help offset the cost of paying for health care for millions of Americans who...
  • And The Biggest Contributor To U.S. Growth in 2015 Was...

    01/29/2016 9:57:51 AM PST · by SeekAndFind · 11 replies
    Zero Hedge ^ | 01/29/2016 | Tyler Durden
    By now, not even CNBC's cheerleading permabulls can deny that the US is in a manufacturing recession: in fact, it is so bad that even the staunchest defenders of Keynesian dogma admit what we said in late 2014, namely that crashing oil is bad for the economy. And yet, the "services" part of the US economy continues to hum right along, leading to such surprising outcomes as a stronger than expected print in Personal Consumption Expenditures. How can this be? Simple: one look at the chart below should explain not only how the "services" half of the US economy...
  • Doctor who discovered CTE in NFL players claims O.J. Simpson has it (Loose the Juice alert)

    01/29/2016 8:37:42 AM PST · by Zakeet · 15 replies
    CBS Sports ^ | January 28, 2016 | John Breech
    The neuropathologist who first discovered chronic traumatic encephalopathy (CTE) in NFL players said he believes that O.J. Simpson is suffering from the degenerative brain disease. Dr. Bennet Omalu, who was portrayed by Will Smith in the movie Concussion, told this week that he strongly suspects Simpson is suffering from CTE. "I would bet my medical license that he has CTE," Omalu said. "Given his profile, I think it's not an irresponsible conclusion to suspect he has CTE."
  • Poll: Uninsured sit on the sidelines as healthcare sign-up season ends

    01/28/2016 10:15:25 AM PST · by SeekAndFind · 39 replies
    Yahoo News via AP ^ | 01/28/2016 | Ricardo Alonso-Zaldivar
    Most uninsured Americans are sitting on the sidelines as sign-up season under the federal health law comes to a close, according to a new poll that signals the nation's historic gains in coverage are slowing. The survey released Thursday by the nonpartisan Kaiser Family Foundation finds that: -- Only 15 percent of the uninsured know this year's open enrollment deadline, which is Sunday. -- More than 7 in 10 say they have not tried to figure out if they qualify for the two main coverage expansions in the law, Medicaid and subsidized private health insurance. -- Only 1 in 100...
  • Why Is There No Uber For Health Care?

    01/22/2016 7:28:08 AM PST · by SeekAndFind · 18 replies
    IBD ^ | 01/22/2016
    Ask anyone why health costs are so high, and one of the answers is likely to be "technology." But why does technology add costs in health care when it lowers costs everywhere else? 'Why isn't there an Uber of health care?" That's the question that Manhattan Institute health care expert Avik Roy asks in the opening of a must-read paper, "Health Care 2.0: Ushering In Medicine's Digital Revolution." "Why can't we deploy, in health care, the same forces that are improving quality and lowering costs in virtually every other sector of the economy?" These are questions that so-called health care...
  • Bernie Sanders Peddles A Health Plan His Own State Rejected

    01/20/2016 3:55:26 AM PST · by IBD editorial writer · 5 replies
    Investor's Business Daily ^ | 1/19/2016 | Staff
    Health Care: Bernie Sanders once said that Vermont could be a model for the country on health care. Yet he wants to impose a single-payer system that his own home state shunned as too costly.
  • UnitedHealth loses $720 million offering plans under Obamacare, may withdraw next year

    01/19/2016 7:31:34 PM PST · by Zakeet · 21 replies
    Washington Times ^ | January 19, 2016 | Tom Howell Jr.
    The nation's largest insurer said it booked $720 million in losses last year by offering plans under Obamacare, and warned Tuesday that it might still withdraw altogether from the health law by next year. UnitedHealth Group told investors that it expects more losses due to Obamacare in 2016, countering an otherwise upbeat earnings report for the company, and serving as a challenge to President Obama, who wants to leave the law on firmer footing. The administration brushed off the news, saying other major insurers are sticking by the exchanges and that it is focused on the final two weeks of...
  • Obamacare Deadbeats and Scam Artists Make a Bad Program Worse

    01/18/2016 6:14:44 AM PST · by Kaslin · 23 replies ^ | January 18, 2016 | Devon Herrick
    The Affordable Care Act (ACA) was intended to solve the problem of affordable coverage for people with preexisting conditions by using an age-old strategy that politicians love. That strategy is often referred to as OPM (other peoples' money). For instance, ACA regulations force insurers to accept all applicants -- including unprofitable ones -- at rates unadjusted for their health risk. Premiums can vary somewhat by age, but not by health status. Thus, Obamacare is a bad deal for most people by design; the majority of enrollees are charged much more than their expected costs. In theory, this should allow individuals...
  • Speaker Paul Ryan: My 5 Point Agenda for 2016

    01/16/2016 8:21:03 AM PST · by afraidfortherepublic · 31 replies
    Investors Business Daily ^ | 1-16-16 | Andrew Malcolm
    Speaker Paul Ryan gives the Republican Party's Weekly Remarks Here in Baltimore, over the last few days, Republicans have been talking about ideas to address the big challenges facing our country. Right now, Americans are anxious about their security and their futures. We want to save the American Idea for the vast majority of Americans who believe it's just not there for them anymore. We want America to lead again. We want America to be confident again. That is our mission. To do that, we can't just be an opposition party. We have to be a proposition party. If we...
  • A Trump observation. [My debate review]

    01/14/2016 9:41:46 PM PST · by Fhios · 94 replies
    1/15/2016 | Vanity
    That was a masterful take down by Ted Cruz on Donald Trump. From Trump supporters like me, to Cruz supporters like you, we can't deny that it was crisp and clever and knocked Trump back on his heals. The problem is mockery. Not that Trump can't handle some, but it's confusing for him. Therein may lie his Achilles heal. He's genuinely confused -- thinking I am successful, I have done great things. Why am I being mocked? When in fact his layman's understanding is being mocked and belittled by political theoreticians. Thus they are mocking us. Trump is real world...
  • Biden: Obama offered financial help during Beau's cancer battle

    01/12/2016 10:39:15 AM PST · by Zakeet · 24 replies
    The Hill ^ | January 12, 2016 | Jordan Fabian
    President Obama once offered to give Vice President Biden money to help his family during his son's battle with cancer, the vice president said Monday while discussing the high cost of cancer treatment. [Snip] When the vice president mentioned the possibility [of Beau selling his house to pay for cancer treatments] to Obama during one of their weekly lunches, the president "got up and he said, 'don't sell that house. Promise me you won't sell the house,'" Biden recalled during an interview with CNN. "He said, 'I'll give you the money. Whatever you need, I'll give you the money. Don't,...
  • The 'Unaffordable Care Act' Causing High Medical Bills for Insured People

    01/11/2016 10:09:20 AM PST · by Kaslin · 10 replies ^ | January 11, 2016 | Devon Herrick
    Liberal public health advocates and left-of-center health policy wonks have long thought every American needs health insurance (they don't, but that's another discussion). Lefties assume health insurance is the only way Americans access medical care. After all, the purpose of the Affordable Care Act was to insulate Americans from the financial hardship of medical care they couldn't afford to pay for out of pocket. Moreover, many pundits believe having to reach for one's wallet during a medical encounter is unacceptable. So imagine my shock when I read a headline in The New York Times claiming that Obamacare is no guarantee...
  • Donald Trump admits cutting off medical treatment for his nephew's sick baby

    01/10/2016 3:41:15 PM PST · by TBP · 196 replies
    The Daily Mail (UK) ^ | Updated: 01:50 EST, 4 January 2016 | KHALEDA RAHMAN
    *Trump's older brother Freddy died an alcoholic at the age of 43 in 1981 When Trump family patriarch Fred Sr. died in 1999, *Freddy's children were cut out of the will Donald helped draft *Donald admitted he reneged on a pledge to pay the medical bills for the medical care of the sick infant when the Freddy's children sued *Claimed Donald and his siblings had influenced their late grandfather to leave them out of his will Donald Trump has admitted cutting off medical treatment to his nephew’s sick baby after he allegedly had his alcoholic brother’s children cut out of...
  • Britain's Health Care: So Bad, Doctors Don't Even Want To Practice There

    01/07/2016 8:21:28 AM PST · by SeekAndFind · 18 replies
    IBD ^ | 01/06/2016
    Angry over pay and working conditions, British doctors are threatening to go on strike next week. This is the sort of disaster that can happen only when physicians are government employees. As many as 37,000 "junior doctors, or doctors in training who represent just over half of all doctors in the National Health Service," Reuters reports, have said "they would stage a 24-hour stoppage next week, followed by two further 48-hour strikes." A walkout of disgruntled doctors, the first in Great Britain since 1975, would affect nonemergency care and cause surgeries to be canceled, leaving many Brits, who rely on...
  • Florida woman died after hospital thought she was faking: lawyers

    01/07/2016 4:39:30 AM PST · by WhiskeyX · 38 replies
    Reuters ^ | Wed Jan 6, 2016 6:30pm EST | Bill Cotterell
    A Florida woman who collapsed and later died after being arrested for refusing to leave a rural hospital emergency room may have lived if medical staff and police had not assumed she was faking illness, her lawyers said on Wednesday. Barbara Dawson, 57, complained of abdominal pains at Calhoun Liberty Hospital in the Florida Panhandle town of Blountstown five days before Christmas, but medical staff examined and released her. When she refused to leave, the hospital called the police, who handcuffed her and took her outside, where she collapsed in the hospital driveway. Dawson was returned to the hospital but...
  • Heroin’s surge raises life-or-death medical ethics issue

    01/02/2016 7:14:53 AM PST · by Zakeet · 52 replies
    Tampa Bay Tribune ^ | January 1, 2016 | Keith Morelli
    Heroin addicts with recurring heart valve problems caused by their use of dirty needles are forcing surgeons across the state to make difficult ethics decisions on continuing to provide them expensive care. Cardiac surgeons are seeing a 50 percent increase in ineffective valvular heart disorders attributed to the use of dirty needles, said Scott H. Bronleewe, a cardiac surgeon practicing in Tampa for the past 26 years. The cost is staggering: more than $500,000 for the procedure and hospital stay for an uninsured addict, many of whom are back on the operating table within a few months, suffering from the...
  • Affordable Care Act Hasn’t Made Health Care Affordable, Study Finds

    12/30/2015 10:46:50 AM PST · by NormsRevenge · 26 replies
    Yahoo News ^ | 12/30/15 | Millie Dent - The Fiscal Times
    Despite its name, the primary goal of the Affordable Care Act was to expand health care coverage to millions of Americans who had been uninsured. And while it's done that - 15 million non-elderly adults have gained coverage - making that insurance "affordable" remains a significant challenge. Government subsidies for enrollees with incomes below 400 percent of the federal poverty level were designed to help with that, but rising premiums and high deductibles mean that getting health care coverage and treatment remains a financial burden for many Americans. A new study from the Urban Institute shows just how high the...
  • Florida woman dies after being forcibly removed from hospital by police (Florida)

    12/22/2015 8:18:34 PM PST · by windcliff · 33 replies
    Chicago Tribune ^ | 12-22-15 | unknown
    A woman who refused to leave a hospital when doctors discharged her died after she was forcibly removed by police, authorities said Tuesday. Barbara Dawson, 57, collapsed Monday while being escorted in handcuffs from the Liberty Calhoun Hospital, where she went to seek treatment for breathing difficulties, said Blountstown Police Department chief Mark Mallory. Mallory said an officer had arrested Dawson for disorderly conduct and trespassing. An autopsy on Dawson has been performed and the results should be released Wednesday, Mallory said. Florida Department of Law Enforcement officials have been called in to investigate, department spokesman Steve Arthur said. He...
  • Obamacare Is Sucking Up To 10% Of Americans' Incomes

    12/28/2015 8:12:15 AM PST · by Lorianne · 29 replies
    Zero Hedge ^ | 28 December 2015 | Tyler Durden
    The latest dilemma facing economists is why "unequivocally good" low oil prices haven't sparked excuberant consumer spending across America. We have discussed the simple (though awkward for the establishment) answer many times - soaring costs for 'shelter' and healthcare have hoovered up every penny saved (and more); and now, a new study proves it- exposing the reality that many Obamacare customers pay more than 10 percent of their incomes toward coverage (and some paying considerably more). The shocking findings show that, as CNBC summarizes, One in 10 Obamacare customers who earn between just two and five times the federal poverty...
  • Obamacare options contracting and getting more expensive

    12/27/2015 11:59:42 PM PST · by Cincinatus' Wife · 61 replies
    Arizona Daily Sun ^ | December 27, 2015 | SUZANNE ADAMS-OCKRASSA
    "......Last year, 86 percent of those who signed up through the federal exchanges received tax credits on their insurance premiums. The credits are available for families earning up to 400 percent of the federal poverty level. For a family of four, the income limit would be about $94,000; a family of two, $62,000. ....Other customers found themselves starting over from square one when their insurance company pulled out of the Health Insurance Exchange or was dropped from the state exchange, like Meritus, Gussio said. Meritus, a nonprofit health care cooperative, was actually removed from the list of approved insurance companies...
  • When Hospital Paperwork Crowds Out Hospital Care

    12/26/2015 6:31:32 PM PST · by Mangia E Statti Zitto · 25 replies
    The New York Times ^ | 12/19/2015 | Theresa Brown
    A FRIEND was recently hospitalized after a bicycle accident. At one point a nursing student, together with a more senior nurse, rolled a computer on wheels into the room and asked my friend to rate her pain on a scale of 1 to 10. She mumbled, "4 to 5." The student put 5 into the computer --- and then they left, without further inquiring about, or relieving, my friend's pain. This is not an anecdote about nurses not doing their jobs; it's an illustration of what our jobs have become in the age of electronic health records. Computer documentation in...
  • A patient secretly records his colonoscopy. It cost this doctor her job.

    12/25/2015 3:39:57 PM PST · by WhiskeyX · 181 replies ^ | June 23, 2015 |
    A patient undergoing a colonoscopy pressed “record” on his smartphone before being sedated, hoping to capture instructions from his physicians after the procedure. What he heard instead was shocking: “In addition to their vicious commentary, the doctors discussed avoiding the man after the colonoscopy, instructing an assistant to lie to him, and then placed a false diagnosis on his chart.” The incident cost his anesthesiologist $500,000 in the ensuing malpractice and defamation trial. The recording has to be heard to be believed.
  • We Still Don’t Care About Doctors

    12/23/2015 9:37:49 AM PST · by Oldpuppymax · 4 replies
    Coach is Right ^ | 12/23/15 | Michael D. Shaw
    In April, 2010, I posted a story pointing out a curious paradox. Inasmuch as healthcare—Obamacare—was such a hot topic, no one seemed to care about how poorly physicians were being treated by the system. Indeed, for all of its billions in spending, Obamacare does almost nothing to improve the lot of doctors, even as its rollout underscores the problems they face. Nor does it do much to alleviate their shortage. It is hardly a revelation that government bureaucrats are the enemies of practicing physicians. Heck, this goes back 50 years to Medicare. But it is only recently that academic medicine,...
  • Clinton claims rising health care costs and deductibles of Obamacare are just 'glitches'

    12/20/2015 5:28:56 AM PST · by Libloather · 25 replies
    Daily Mail ^ | 12/20/15 | Francesca Chambers
    Clinton claims rising health care costs and deductibles since the passage of Obamacare are just 'glitches' Hillary Clinton said tonight that cost-raising problems with the nation's health care reform law are mere 'glitches,' which she blamed in part on GOP governors. In the Democratic debate, held this evening in Manchester, New Hampshire, ABC News' Martha Raddatz informed Clinton that costs for Americans who already had health care before Obamacare have risen 27 percent in the last five years. 'Deductibles are up 67 percent,' Raddatz said. 'What's broken in Obamacare and needs to be fixed right now?' 'I would certainly build...
  • The Biggest Threat To Obamacare Is Already Written Into Law: No Insurance Industry Bailouts

    12/12/2015 5:56:34 AM PST · by Zakeet · 14 replies
    Forbes ^ | December 10, 2015 | John C. Goodman
    When Barack Obama was campaigning for the presidency in 2008 and when he was selling Obamacare to the public in 2010, he made insurance companies the villains. In fact, on the eve of the passage of the Affordable Care Act, every Democratic spokesperson who appeared on TV to support the health reform legislation had one and only one argument to make: We needed Obamacare to protect ordinary people from ruthless, profit mongering insurance companies. They said almost nothing about insuring the uninsured or controlling costs or making health care delivery more efficient. Instead, every advocate produced at least one example...
  • EXCLUSIVE: Newt Gingrich: ‘The Country Is in Rebellion,’ Trump Can ‘Kick Down the Doors’

    12/11/2015 3:46:09 PM PST · by RoosterRedux · 61 replies ^ | Patrick Howley
    Newt Gingrich told Breitbart News that the country is in rebellion against the coastal power centers and that Donald Trump might be the candidate who can "kick down the doors" of the establishment. Former House speaker Gingrich weighed in on Trump's rise. "I think he represents a different era" in the same conservative movement, Gingrich said. "The system has become so incompetent and outrageously buracratic. The centers of power are so, so in New York, Washington, D.C., and Los Angeles, that the whole rest of the country is in rebellion. And people are looking for somebody who can kick down...
  • Grantham: 12 Economic Facts to Ruin Investors’ 2016

    12/11/2015 12:20:33 PM PST · by SeekAndFind · 13 replies
    Think Advisor ^ | 12/11/2015 | Janet Levaux
    <p>Given his timing, you might be inclined to say that GMO co-founder and portfolio specialist Jeremy Grantham seems to be channeling Ebenezer Scrooge in his latest quarterly letter to investors.</p> <p>Actually, the investment guru is following up on his comments of earlier this year, outlined in “10 Quick Topics to Ruin Your Summer.” And what he really wants is for investors to grasp real economic trends affecting the U.S. economy.</p>
  • What an Affordable Health Care System Would Look Like

    12/07/2015 10:43:23 AM PST · by Kaslin · 34 replies ^ | December 7, 2015 | Devon Herrick
    As I explained in last week's column, the U.S. health care system is an unsustainable mess: One dollar of every five worth of economic activity is spent on someone's medical care; Medical costs are growing twice as fast as incomes; Medical prices are rising at three times the rate of consumer inflation. The Affordable Care Act was supposed to fix those problems and make health care "affordable." However, the method used required everyone to purchase overpriced health insurance. That's like throwing gasoline on a fire hoping to smother it. As a health economist, it's hard to imagine a policy agenda...
  • Senate attempts to put Obamacare out of our misery

    12/04/2015 8:36:23 AM PST · by Marcus · 4 replies
    Houston Politics Examiner ^ | December 4, 2015 | Mark R. Whittington
    Forbes recently described neatly one of the great problems facing Obamacare, the wildly unpopular and increasingly dysfunctional health care reform law that has caused skyrocketing health insurance premiums and is in the process of a “death spiral.” While health insurance companies like United Health can bail from the exchanges when they find them unprofitable, ordinary Americans are trapped into buying worthless policies rather than face increasingly crippling fines. The Washington Examiner reported on Thursday that the Senate, for the first time, voted to gut Obamacare. When the bill is reconciled with the House version, it will go to President Obama’s...
  • 2014 Saw Continued Slow Growth in the Cost of Health Care, Even as Coverage Expanded

    12/04/2015 4:37:29 AM PST · by WhiskeyX · 14 replies
    White House ^ | December 2, 2015 at 6:08 PM ET | Jason Furman, Matt Fiedler
    Summary: Today’s data on national health expenditures show that 2014 was another year of slow health care cost growth.. Today’s data on national health expenditures show that 2014 was another year of slow health care cost growth, as per-enrollee health care spending growth remained low in both the public and private sectors. The slow growth in the per-enrollee spending seen in recent years is thanks in part to reforms in the Affordable Care Act and is generating major fiscal and economic benefits. Alongside continued slow growth in per-enrollee spending, today’s release corroborates earlier data showing that aggregate health care spending...
  • gun control comeback

    12/04/2015 12:28:41 AM PST · by fulltlt · 77 replies
    There's an internet meme going around that says, "There's something wrong with a country that thinks that healthcare is a privilege but owning a gun is a right". Anyone have a good comeback for this?
  • UnitedHealth CEO regrets entering ObamaCare

    12/01/2015 4:13:21 PM PST · by SkyPilot · 70 replies
    The Hill ^ | 1 Dec 15 | Sarah Ferris
    The CEO of UnitedHealthCare on Tuesday said he regretted the decision to enter the ObamaCare marketplace last year, which the company says has resulted in millions of dollars in losses. "It was for us a bad decision," UnitedHealth CEO Stephen Hemsley said at an investors meeting in New York, according to Bloomberg Business. UnitedHealth, the countrys largest insurer, announced last month that it would no longer advertise its ObamaCare plans over the next year and may pull out completely in 2016, a move that sent shockwaves across the healthcare sector. Hemsleys remarks double down on his earlier warning that...
  • Healthy People Needed to Make Obamacare Ponzi Scheme a Success

    11/30/2015 10:07:25 AM PST · by Kaslin · 31 replies ^ | November 30, 2015 | Devon Herrick
    The U.S. health care system is unsustainable but it could be dramatically improved with more efficient care of our sickest patients. Medical spending is rising at twice the rate of income growth. Medical prices are rising at three times the rate of consumer inflation. The Affordable Care Act (ACA) was sold to the American people as a means to fix those problems and make health care affordable. The vehicle to achieve this is, implausibly, a requirement that we all purchase overpriced health insurance. In addition to stipulating the benefit package Americans are allowed to have, ACA regulations also force insurers...
  • This One Chart Explains Why Healthcare is So Expensive

    11/30/2015 7:23:50 AM PST · by all the best · 39 replies
    The Libertarian Republic ^ | November 30, 2015 | Keith Farrell
    The left will tell you we need more government involvement in healthcare. What they don’t realize is that increased regulation and government involvement are exactly what caused healthcare costs to rise dramatically over the past 30 years. There are several reasons why government-run healthcare is a disaster. Economist explain how the government subsidized third party payer system separates consumers from prices and how such a system kills competition. But there is an even more immediate effect– the booming costs of administering a system of complex regulations. Government healthcare necessitates armies of bureaucrats. Take Medicare, for instance: not only does every...
  • Fate of ObamaCare co-ops uncertain after half collapse

    11/28/2015 5:07:46 PM PST · by Beave Meister · 17 replies
    Fox News ^ | 11/28/2015 | Brooke Singman
    The fate of a network of alternative “co-op” health plans started under ObamaCare remains uncertain going into 2016, after half of them collapsed amid deep financial problems. The co-ops are government-backed, nonprofit health insurers propped up with over $2 billion in taxpayer loans. Twelve of the 23 co-ops established under the Affordable Care Act, though, have gone or are expected to go under by the end of the year, leaving customers who used them scrambling for coverage and taxpayer money at risk. But, as lawmakers on Capitol Hill demand answers on what’s being done, the Obama administration is offering few...
  • 10 Things Americans Are Worried About More Than Global Warming

    11/25/2015 6:18:35 AM PST · by george76 · 16 replies
    Independent Journal ^ | October 2015 | Chris Martin
    Respondents were given a list of 88 things that could inspire fear. These entries ranged from world problems (like war, terrorism, nuclear attacks) to practical fears (murder, death, unemployment) to uncommon phobias (zombies, clowns, ghosts). ... Also on the list was global warming, which leading Democratic candidates have said is the biggest threat facing Americans today. But the American Fears survey revealed a much different opinion on the topic, with only 30.7% of respondents saying that global warming made them either afraid or very afraid. Global warming did not even make the top twenty. Here are some things Americans are...
  • World View: Obamacare in Death Spiral as UnitedHealth Announces Pullout

    11/21/2015 11:13:13 AM PST · by Beave Meister · 10 replies
    Breitbart ^ | 11/20/2015 | John J. Xenakis
    UnitedHealth Group, the country’s largest health insurer, announced on Thursday that it was expecting to lose $600 million on Obamacare policies in 2016 from the health insurance exchange websites, and may terminate its Obamacare business by 2017. This was a sudden turnabout for the company. It was just a month ago that the company had said in an earnings call that they expected to expand their Obamacare coverage in 2017. According to Dave Wichmann, president and CFO, on October 15: The annual care ratio is being modestly affected by the performance of our new [Obamacare] public exchange benefit programs which...
  • HHS: Bailing out Obamacare insurers an 'obligation' of the federal government

    11/21/2015 4:19:33 AM PST · by SkyPilot · 68 replies
    Washtington Examiner ^ | 20 Nov 15 | Philip Klein
    The Department of Health and Human Services attempted to reassure private insurers on Thursday that they'll be able to recover losses from participating in Obamacare by claiming it was an "obligation" of the U.S. government to bail them out. At issue is a provision within the law known as the risk corridors program. Under the program, which runs from 2014 through 2016, the federal government is to collect money from health insurers doing better than expected and use those funds to provide a federal backstop to other insurers who incur larger than expected losses from rising medical claims. The idea...