Posted by: Debby Durkee | April 26, 2010

Wheels coming off Obamacare.

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Wheels already coming off Obamacare.

Grace-Marie Turner of National Review Online has a blog post about a report from Medicare’s chief actuary, Richard Foster. The report is a devastating rebuke of Obamacare and its affects on Americans and the country as a whole:

…The administration’s own actuary reported on Thursday that millions of people could lose their health insurance, that health-care costs will rise faster than they would have if the law hadn’t passed, and that the overhaul will mean that people will have a harder and harder time finding physicians to see them.  Snip –

Now, just that sentence alone should have given Obama and company pause, but, of course they are trying to spin the report – saying, yes, costs will rise, but only 23 million will remain uninsured, not 24 million. Okay. Much better. So they can accept rising costs for you and me as long as an extra million people are insured? And, so what if it’s harder to find a doctor willing to see the newly-insured patient. Take the red pill. Here are some of the consequences:

1.        People losing coverage: About 14 million people will lose their employer coverage by 2019, as smaller employers terminate their plans and workers who currently have employer coverage enroll in Medicaid. Half of all seniors on Medicare Advantage could lose their coverage and the extra benefits the plans offer.

2.        Huge fines for companies: Snip –

3.        Higher costs for consumers: Tens of billions of dollars in new fees and excise taxes will be “passed through to health consumers in the form of higher drug and devices prices and higher premiums,” according to Foster. A separate report shows small businesses will be hit hardest.  Snip –

4.        Snip —

5.        Spending increases: Under the new law, national health spending will increase by $311 billion over the coming decade…

6.        “Free-riders”: An estimated 23 million people will remain uninsured in 2019, roughly 5 million of whom would be undocumented aliens; the remainder would be the 18 million who decline to get coverage and who will pay the penalty.

7.        Spending reductions are fiction: Snip –

8.        You can’t keep your doctor: Fifteen percent of all hospitals, nursing homes, and other providers treating Medicare patients could be operating at a loss by 2019, which will “possibly jeopardize access to care for beneficiaries.” Doctors are threatening to drop out of Medicare because cuts in Medicare reimbursement rates mean they can’t even cover their costs.  Snip —
…Joint Economic Committee Republicans explain in a new report the impact of a rarely mentioned $14.3 billion per year tax on health insurance, effective in 2014. They find this tax will be mostly passed through to consumers in the form of higher premiums for private coverage. It will cost the typical family of four with job-based coverage an additional $1,000 a year in higher premiums and will fall largely, and inequitably, on small businesses and their employees.

She goes on to state that states, like Florida, are fighting back through their legislatures. With anger from doctors, fear from patients and burdens on businesses, the repeal and replace strategy of Republicans can only gain steam. Let’s pray that is true. Please read it all here: http://healthcare.nationalreview.com/post/?q=Y2U5YjAzMjkxODY1YTViYmNjN2JjNGZjYWY4ZjliNDc=

Oops on Obamacare, problems for Dems.

The report mentioned in the above post is also causing problems for Democrats as they campaign for re-election. The report was completed before the vote on the bill, but was held by Kathleen Sebelius so as not to “influence the vote.” Oh, well, thanks, Madame Secretary.

Economic experts at the Health and Human Services Department concluded in a report issued Thursday that the health care remake . . . falls short of the president’s twin goal of controlling runaway costs, raising projected spending by about 1 percent over 10 years. That increase could get bigger, since Medicare cuts in the law may be unrealistic and unsustainable, the report warned.

As Jim Geraghty over at National Review Online says, that report undercuts two of Obama’s main reasons for revamping health care in the first place, which also undercuts those Democrats trying to run for re-election on health care as a good thing.

…House Democrats voted against their constituents, and dramatically endangered their chances for reelection, all because they put their faith in the notion that the bill would reduce spending.

Endangered House Democrat Baron Hill justified his vote for the health-care bill by declaring:

This reform version covers more uninsured Americans than the respective House and Senate bills, while also reducing the deficit more effectively. The nonpartisan Congressional Budget Office reported that the revised bill reduces the deficit by one hundred and thirty eight billion dollars during the first ten years of the program, and reduces the deficit by more than one trillion dollars in the second ten years, effectively making it the biggest deficit reduction legislation since 1993.

Endangered House Democrat John Boccieri  justified his vote for the health-care bill by declaring:

This bill may not be perfect but it strikes the proper balance of reducing costs, increasing consumer choices and lowering the staggering deficit from runaway health care spending.

Geraghty goes on to highlight many more House Democrats and the things they’ve been telling their constituents back home, and then ends with this:

In short, just about every vulnerable House Democrat justified their vote by saying the bill would reduce costs and reduce the deficit, and now the Department of Health and Human Services finds that pledge has . . . well, reached its expiration date.

So many House Democrats were thrown under the bus by the Obama Administration, and don’t forget by Bill Clinton as well. Clinton kept telling Democrats up for re-election that the reason Dems lost in 1994 to Republicans was because they failed to pass Hillarycare, instead of the truth. Clinton’s Democrats lost the House to Republicans for the first time in 40 years because Americans didn’t like the left’s overreach. Does that sound familiar? Read it all here:  http://www.nationalreview.com/campaign-spot/4475/house-democrats-out-limb-obamacare-hear-snapping-sound

Update: Orzag admits to rationing.

From Ed Morrissey of Hot Air. “ObamaCare is a rationing system, and the IPAB will be one of the key drivers for that rationing. If you don’t believe me, just listen to Orszag.”

So Palin was right about the Death Panels. Are you surprised?

You can watch a brief video here: http://hotair.com/archives/2010/04/27/video-orszag-explains-how-obamacare-imposes-rationing/comment-page-1/#comments

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