CBS: Millions of cancellations and skyrocketing costs the big problem of ObamaCare

posted at 1:01 pm on October 28, 2013 by Ed Morrissey

Advocates of ObamaCare have predicted that when the White House manages to fix the problems with the Healthcare.gov exchange, opponents will have expended all their firepower and will be left twisting in the wind. As CBS reported again this morning, that’s hardly the case — and the website is hardly the main problem with the program. In fact, the media attention on the website actually masks the biggest problems with ObamaCare, which are skyrocketing premiums and millions of people getting kicked out of the plans they chose:

For many, their introduction to the Affordable Care Act has been negative: a broken website, and now cancellation notices from insurance companies followed by sticker shock over higher prices for the new plans. It’s directly at odds with repeated assurances from the president, who has said “if you like your insurance plan, you will keep it. No one will be able to take that away from you.”

But people across the country are finding out they’re losing their existing insurance plans under Obamacare because requirements in the law, such as prenatal and prescription drug coverage, mean their old plans aren’t comprehensive enough.

In California, Kaiser Permanente terminated policies for 160,000 people. In Florida, at least 300,000 people are losing coverage.

That includes 56-year-old Dianne Barrette. Last month, she received a letter from Blue Cross Blue Shield informing her as of January 2014, she would lose her current plan. Barrette pays $54 a month. The new plan she’s being offered would run $591 a month — 10 times more than what she currently pays.

Barrette said, “What I have right now is what I am happy with and I just want to know why I can’t keep what I have. Why do I have to be forced into something else?”

According to HealthCare.gov, Barrette is eligible for some subsidies, CBS News’ Jan Crawford pointed out on “CBS This Morning.” But Barrette told CBS News she has no idea what those subsidies would be because she cannot log on to the website — an issue U.S. Health and Human Services Secretary Kathleen Sebelius is sure to be asked about when she testifies on Capitol Hill Wednesday.

Two points. First, her subsidies won’t come to $500 a month, which is about the difference between the two plans. Second, subsidies don’t come off of the Subsidy Tree Forest. Those funds come out of taxes, either directly on taxpayers or on health care providers and manufacturers — and those costs get passed onto consumers.

Just as we all predicted, the so-called Affordable Care Act didn’t bend the cost curve downward — it has twisted it sharply upward.  That will only become more apparent when the website issues are fixed, and it’s why the system will incentivize the young and healthy to stay out of the exchanges, which will only accelerate premium increases.


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Just as we all predicted, the so-called Affordable Care Act didn’t bend the cost curve downward — it has twisted it sharply upward.

I’ll be interested in seeing the revised CBO analysis if this mess shakes out without a delay in the individual mandate. The program was not supposed to show much of a deficit in in 2014. I have no idea if the patterns of policy costs and subsidies as well as enrollments between insurance and Medicaid will reflect anything like the expectations used in the CBO analyses, but I suspect it’s not going to turn out to making the 10 year table look more favorable.

When was the last time the CBO did a revised look? Here’s an HA post from March 2012 noting the jump then went from the original $940B to $1.76T with only $58B of red ink in 2014, but that was before Obama waived the business mandate.

Dusty on October 28, 2013 at 2:07 PM

Politicians redistribute other people’s property. Qua Dr. Evil, it’s what they do. They shift resources – other people’s resources. But they don’t create anything. They take from the creators – without whom they’d have nothing to redistribute. It’s a zero sum game. For every winner, there is always a loser. Predation, nothing more.

roflmmfao

donabernathy on October 28, 2013 at 2:07 PM

Wow, who could have seen this coming?

Chris of Rights on October 28, 2013 at 2:08 PM

You know of all states that deserve this more than any state is Cali. Why? Because they give us the wicked witch of the west. The one who pushed so hard to get this passed.

I dont feel sorry for them one bit. All I can do is point and laugh.

watertown on October 28, 2013 at 2:11 PM

As libfreeordie posted, all of this is to “help” significantly less than 1% of our total population.

rogerb on October 28, 2013 at 1:15 PM

Where is that loser, anyway?

Ward Cleaver on October 28, 2013 at 1:53 PM

This is a guaranteed troll-free thread.

UltimateBob on October 28, 2013 at 2:11 PM

It would have been interesting if the reporter interviewing Barrette had asked – It appears that President Obama misled the American people when he was advocating the ACA. How does that make you feel now?

In 2007, a Chicago Tribune reporter, Mark Silva coached a question to President Bush around ‘facts have failed you’ and quoted Harry Reid who said that President Bush had a ‘credibility gap’.

They can ask a sitting Republican President directly if he thinks he has a credibility gap, noting ‘facts have failed you’, but when the one who has a credibility issue is a Democrat President, they can’t even ask a voter who was lamenting about the effects of that President’s lies?

Bias isn’t just what they say or ask, it’s also what they don’t say or ask.

Athos on October 28, 2013 at 2:12 PM

Don’t think any of our trolls have been on any thread today. Puzzling./

katy the mean old lady on October 28, 2013 at 2:03 PM

You know how deer freeze in the headlights because they don’t know what to do. The trolls are frozen in front of their computers making the Obama salute (hand over heads making an “O” with one’s hands). They are awaiting new talking points.

In the end there will be some crisis and the trolls we back lecturing us on not keeping our eyes on the ball by not focusing on whatever the crisis might be.

Happy Nomad on October 28, 2013 at 2:12 PM

When did the Koch brother acquire CBS?

BuckeyeSam on October 28, 2013 at 2:12 PM

so does this mean will have 2 full years of reporting showing that fewer people are insured before we reach Nov. 2016?

dbilly76 on October 28, 2013 at 2:13 PM

As libfreeordie posted, all of this is to “help” significantly less than 1% of our total population.

rogerb on October 28, 2013 at 1:15 PM

Where is that loser, anyway?

Ward Cleaver on October 28, 2013 at 1:53 PM

This is a guaranteed troll-free thread.

UltimateBob on October 28, 2013 at 2:11 PM

Hard to defend the indefensible, particularly when the lies are both obvious and clear.

Athos on October 28, 2013 at 2:13 PM

Hey, look. Ed anticipated the reaction of disillusioned Obamacare supporters about two years ago.

http://www.youtube.com/watch?v=zdA__2tKoIU

“Be sure to drink your Ovaltine!”

BuckeyeSam on October 28, 2013 at 2:15 PM

I mean seriously, we have CBS actually reporting that people are having their health insurance cancelled because it doesn’t comply with O care and people are having to pay 10x times their old premium because of that. How many of us would have bet on that happening a month ago?

Johnnyreb on October 28, 2013 at 1:38 PM

We need to commend CBS’ honesty in actually reporting factual information that’s damaging to Obama and his administration. It was also CBS who was willing to report what Sharyl Attkisson was able to dig up on the Benghazi scandal despite Administration stonewalling. It’s possible that CBS realized that the premium and deductible increases due to Obamacare were going to hurt lots of people, and CBS wanted to get ahead of the curve, even though they are reporting now what Fox News reported two months ago…

For those on HotAir complaining that the House Republicans caved too early on the shutdown, in hindsight they did the right thing. If the Government was still shut down, we would still have Obama grandstanding before the lapdog media about evil Republicans wanting to deny people health insurance. Now, the shutdown is over (for now), the website problems are all over the news, and even CBS is reporting on the huge premium increases due to Obamacare. By the time the Continuing Resolution comes back up for a vote in January, we could have lots of Senate Democrats jumping on board for a delay in the implementation of Obamacare, or possibly a total repeal.

Steve Z on October 28, 2013 at 2:16 PM

You know of all states that deserve this more than any state is Cali. Why? Because they give us the wicked witch of the west. The one who pushed so hard to get this passed.

I dont feel sorry for them one bit. All I can do is point and laugh.

watertown on October 28, 2013 at 2:11 PM

I have a very good friend, who leans left, complaining this weekend about how the city of Philadelphia is QUADRUPLING property taxes in the city.

I really had to bite my tongue…. I wanted to say, “But I thought Democrats were OK with tax increases….. Oh, you thought they only affect OTHER people? Sorry, honey it doesn’t work that way.”

Another liberal, mugged by reality.

UltimateBob on October 28, 2013 at 2:17 PM

Imagine that….. People have started reading the law… and finding out what’s in it.

Thanks Nancy “ya have to pass the thang to find out what’s in it” Pelosi

roflmmfao

donabernathy on October 28, 2013 at 2:17 PM

Hard to defend the indefensible, particularly when the lies are both obvious and clear.

Athos on October 28, 2013 at 2:13 PM

Never stopped them before.

katy the mean old lady on October 28, 2013 at 2:17 PM

Don’t think any of our trolls have been on any thread today. Puzzling./

katy the mean old lady on October 28, 2013 at 2:03 PM

Hey trolls,
c’mon out and just admit that WE WERE RIGHT about Hussein and his malice towards American citizens and y’all will be forgiven :O

burrata on October 28, 2013 at 2:18 PM

Shameless….

PolitiFact Says Obama’s ‘You Will Keep Your Health Insurance’ Promise Is Still ‘Half True’

PolitiFact’s amazing double standard struck again as it rated President Obama’s broken promise “Half True,” that Americans would keep their health insurance under his health care law.

There are already stories of Americans being dropped from their health insurance plans, and PolitiFact’s Louis Jacobson admitted that “In reality, Americans are not simply able to keep their insurance through thick and thin.” He added that “the CBO figures suggest that the law could increase that rate, at least modestly” of “forced plan-switching.”

Yet how did Obama’s promise stack up to “Half True” and not “False”? According to PolitiFact, ObamaCare “does take pains to allow Americans to keep their health plan if they want to remain on it.” So although the law failed to help Americans keep their insurance, it tried so Obama’s guarantee wasn’t false?

And speaking of “guarantee,” Jacobson downplayed that as a “suggestion.” Yet what part of “you will keep your health insurance” is a suggestion and not a promise?

PolitiFact’s bias has not gone unnoticed. George Mason University’s Center for Media and Public Affairs found that PolitiFact called Republicans dishonest three times more than Democrats in the first four months of President Obama’s second term.

So, the ACA did all it possibly could to permit Dianne Barrette to keep her original policy? How can it do that when it mandates the only acceptable policies include mandatory coverages – and policies lacking those coverages are illegal?

Remember, PolitiFact is intended to help the American people ‘find the truth’ in Washington…and is as accurate in doing that as the Ministry of Truth was in delivering truth in Orwell’s 1984.

Athos on October 28, 2013 at 2:22 PM

How many trolls said how many times that if your health care met the ACA quality of care requirements, that you could keep it and we were just stupid, overreacting or racist? They said we were only opposing the ACA because Obama was black.

The only thing a lot of us were wrong about was how quickly it would fall apart and how high the premiums were actually going to get. Who would have thought it would be even this bad? Double, triple the premiums with unmanagible deductibles and fibfreeandlie still had the nerve to polish this turn in from of us.

smoothsailing on October 28, 2013 at 2:23 PM

My insurance does qualify so I get to keep it. However the price has gone up %80 in 2 1/2 years. Better than nothing I guess.

I think the rates will end up being minor. When people who have a $20 co-pay find out that just went to $6,000 single and $12,700 for a family it will be devastating. That will send far more people to the emergency rooms.

CW20 on October 28, 2013 at 2:23 PM

They told me if I voted for Romney in 2012, Medicare would be cut, and my payouts could increase 300%..

and they were right..

I did..

and Obama cut Medicare 50 billion, all to fund his NEW government run nightmare..

Look, I never expected to be immune to budget cuts, and if means testing, privatization is what will save Medicare for those of us trapped here, sign me up..

phase it out and replace it with private insurance, I’m there too..

mark81150 on October 28, 2013 at 2:25 PM

Duh!

ouldbollix on October 28, 2013 at 2:26 PM

I’m getting sick and tired of these people talking about you can receive a subsidy. The definition of subsidy: other people paying for your sh*t.

DDay on October 28, 2013 at 1:48 PM

Keep in mind three things.

I think the subsidies come in the form of an income tax credit. So that means from a cash flow standpoint, the insured must pay the full premium (monthly, quarterly) currently during the year. Cash up front. Then, and only then, they have to go through the convoluted effort of calculating the amount of their tax credit. So they have to pay someone to get their tax credit/subsidy. So the first and second thing are the cash flow hassle and the tax credit/subsidy calculation hassle. And of course, don’t forget the hassle of getting your refund from the IRS! You may get it in August after filing in April.

The third thing is that the deductibles operate independently of the premium-subsidy mechanism. So, yeah, your premium may get subsidized, but your annual expenses are subject to a floor below which you pay all. And that’s not a lifetime deductible.

BuckeyeSam on October 28, 2013 at 2:29 PM

Hey, look. Ed anticipated the reaction of disillusioned Obamacare supporters about two years ago.

http://www.youtube.com/watch?v=zdA__2tKoIU

“Be sure to drink your Ovaltine!”

BuckeyeSam on October 28, 2013 at 2:15 PM

Don’t be short changing Ed’s prognosticating skills. He posted that over 5 years ago.

NotCoach on October 28, 2013 at 2:29 PM

I think this is funny. Every person who voted for this thug are the one’s who will get hurt. Ted Cruz tried to tell you and hell no. The Republicans are evil. This is so funny.

tmgrant on October 28, 2013 at 2:30 PM

Hey trolls,
c’mon out and just admit that WE WERE RIGHT about Hussein and his malice towards American citizens and y’all will be forgiven :O

burrata on October 28, 2013 at 2:18 PM

All the trolls are huddled in their parent’s basements in the fetal position, sucking their thumbs as this comes crashing down.

chewmeister on October 28, 2013 at 2:30 PM

Now there was a time,
When you loved me so.
I couldn’t do wrong,
And now you need to know.

See, I been a bad bad bad bad man.
And I made a deal.
Yeah.
I found a brand new love for this man,
And I can’t wait till you see.
I can’t wait.

So how you like me now?

J_Crater on October 28, 2013 at 2:30 PM

CBS is a misleading POS.
Look at that chart. It was put together by a 2nd grader (apologies to 2nd graders).
The 0bamacare plan is ten times the cost of a traditional plan. Why do they show the bar graph only about three times the traditioinal plan? It all about image.

freedomfirst on October 28, 2013 at 1:06 PM

CBS used a logarithmic scale and hoped no one would notice.

pain train on October 28, 2013 at 2:33 PM

The amazing thing is that this is only the first wave. Once people have had to time digest this sh*t pill, it will be followed next year by the second wave when the employer mandates kicks in and tons of businesses will be dumping their employee insurance benefits onto the sure still not to be working exchanges.

In other news, for the past few weeks popcorn stocks have been rising sharply.

veni vidi vici on October 28, 2013 at 2:33 PM

Never stopped them before.

katy the mean old lady on October 28, 2013 at 2:17 PM

Juan Williams attempted to troll the panel on Fox News Sunday and mislead them about the very issue that hammered Dianne Barrette – old policy being cancelled and new policy being significantly more expensive.

Except in this case, Brit Hume and Chris Wallace had a few clue-by-fours for the progressive Williams…..

JUAN WILLIAMS, FOX NEWS POLITICAL ANALYST: You know, I get this sense, that people — on the Republican side are enjoying this moment. But this is empty rhetoric. When you speak to the insurance executives in Florida, in California, they say they’re canceling those policies, Chris, because ObamaCare has requirements — Ten categories or mandates for levels of coverage. The current policies don’t meet them, so they have to cancel them, but they’re extending, they’re extending offers to the very people who are losing them for better packages at lower costs with more benefits.

WALLACE: No, no, that’s not true. It is not.

WILLIAMS: It is true. Let me just tell you something else that you said. You said oh, but, you know, January 1, these people lose their coverage. In fact, the insurance companies are saying, we will make sure that on January 1, you have coverage. This is not the apocalypse.

BRIT HUME: Juan, look, what about this — the president promised explicitly, we heard it on this program, if you like the coverage you have now, you can keep it, period.

WILLIAMS: Yes.

HUME: These hundreds of thousands of people evidently like the policies they had. Because they kept paying for it. They’re now being told they can’t have those policies any more. That they must — they must have policies that involve coverage for things they may feel they don’t need.

WILLIAMS: They’re going to get better coverage, Brit, at potentially lower cost.

HUME: Whose idea of better coverage? Their idea or the government’s?

WILLIAMS: They — what they are offered, it may be their idea. Right now …

HUME: It may be their idea.

WILLIAMS: Right now all that insurance companies are saying is, we don’t need the requirements under ObamaCare, but we’re going to offer you a better deal!

HUME: No, we’re going to offer you a government mandated deal that may or may not be a better deal for the people involved. There are people who are elderly people who’ve been required to pay for maternity coverage.

WALLACE: We had to end this segment, I just to want to point out that we had a couple of weeks ago, a letter that a 62-year-old couple who have their own business in Oregon — under the ObamaCare, they were losing their policy, the new policy, the cheapest policy they were being offered, the deductible was going to double to 5,000 a person. Visits to specialists, if one of them had to see a specialist, were going up from $35 a visit to $100 a visit, and their premium was going up. So, the idea that they are going to get more for less. You know what — there is no free lunch.

There is no free lunch.

Lies are lies…and the ‘selling’ of Obamacare has been little but one lie after another from everyone involved – from the President to the Democrats in Congress to the SecHHS to the media sycophants trying to spin Obamacare as the best thing since sliced bread.

Athos on October 28, 2013 at 2:33 PM

Barrette pays $54 a month. The new plan she’s being offered would run $591 a month — 10 times more than what she currently

pays.

That’s essentially 11x… but who’s counting?

mankai on October 28, 2013 at 1:11 PM

Yeah, but she gets free birth control, so it’s “more comprehensive”!

slickwillie2001 on October 28, 2013 at 2:33 PM

The only thing a lot of us were wrong about was how quickly it would fall apart and how high the premiums were actually going to get. Who would have thought it would be even this bad? Double, triple the premiums with unmanagible deductibles and fibfreeandlie still had the nerve to polish this turn in from of us.

smoothsailing on October 28, 2013 at 2:23 PM

Let me be right ( on behalf of all of us taxpaying patriotic productive American citizens ) and say this :
Hussein doesn’t care that he sold a lie , as long as muslims are exempted and they don’t have to suffer. This is jiziahCAIR and people might realize it sooner or later.
And as always, by then , the mutt muncher and the patient-dumper will have laughed all their way to the Swiss banks

burrata on October 28, 2013 at 2:34 PM

LOL:

Check out the Conan clips from MM.com

http://michellemalkin.com/2013/10/27/obamacare-epiphanies-part-viii-its-not-free/

BuckeyeSam on October 28, 2013 at 2:35 PM

Don’t be short changing Ed’s prognosticating skills. He posted that over 5 years ago.

NotCoach on October 28, 2013 at 2:29 PM

You’re right. My explanation–which is no excuse–is that I read the August 11 into the 2008, and typed 2011. My mistake.

All the same. A crummy commercial.

BuckeyeSam on October 28, 2013 at 2:37 PM

New

Schadenfreude on October 28, 2013 at 2:38 PM

Who would have thought it would be even this bad?

smoothsailing on October 28, 2013 at 2:23 PM

Certainly not the Dems. This was all timed so that the real costs were hidden in the beginning years and it was all going to come on line just before the 2014 elections with Dems being carried to overwhelming victory by Americans thrilled to death to be yoked to Obamacare. The October 1 roll-out was supposed to be like the start of a countdown clock to January when Obamacare kicks in. The public was supposed to be signing on and screaming like they had just won the lottery when they saw how little they will pay under Obamacare. It hasn’t worked out that way.

Happy Nomad on October 28, 2013 at 2:38 PM

I think the subsidies come in the form of an income tax credit. So that means from a cash flow standpoint, the insured must pay the full premium (monthly, quarterly) currently during the year. Cash up front. Then, and only then, they have to go through the convoluted effort of calculating the amount of their tax credit. So they have to pay someone to get their tax credit/subsidy. So the first and second thing are the cash flow hassle and the tax credit/subsidy calculation hassle. And of course, don’t forget the hassle of getting your refund from the IRS! You may get it in August after filing in April.

….

BuckeyeSam on October 28, 2013 at 2:29 PM

Does anybody have a source for that? Seems plausible, but is that in the law and regs? People need to know that they are fronting the money even if they are getting the subsidy. Won’t that be a deer in the headlights moment…

oldroy on October 28, 2013 at 2:38 PM

I shouldn’t be complaining since CBS New actually reported something newsworthy against Obamacare, BUT…

That bar graph should have a disclaimer: *This graph not to scale.

It’s more like a 10x increase whereas the graph looks like 5x.

Glenn Jericho on October 28, 2013 at 2:39 PM

I shouldn’t be complaining since CBS New actually reported something newsworthy against Obamacare, BUT…

That bar graph should have a disclaimer: *This graph not to scale.

It’s more like a 10x increase whereas the graph looks like 5x.

Glenn Jericho on October 28, 2013 at 2:39 PM

You have to remember, with libs like seebs, math is hard.

chewmeister on October 28, 2013 at 2:42 PM

Lies are lies…and the ‘selling’ of Obamacare has been little but one lie after another from everyone involved – from the President to the Democrats in Congress to the SecHHS to the media sycophants trying to spin Obamacare as the best thing since sliced bread.

Athos on October 28, 2013 at 2:33 PM

You forgot one significant group of liars. Establishment Republicans who lie and say there isn’t anything the GOP can do to de-rail Obamacare. The fact of the matter is they haven’t tried to do a damn thing.

Happy Nomad on October 28, 2013 at 2:43 PM

Listening to people acing surprised by insurance cancellations, higher rates, higher deductibles, etc. is just another example of how utterly stupid the majority of this country is. These same morons will think the a larger government can fix this.

alanstern on October 28, 2013 at 2:43 PM

“Just as we all predicted, the so-called Affordable Care Act didn’t bend the cost curve downward — it has twisted it sharply upward.”

HotAir is racist. You have said something mean and truthful about the god-king Obama and his minions.

I hope General Holder investigates you unpatriotic scum!!!!

patch on October 28, 2013 at 2:49 PM

Quick update on President Obama’s plan to provide affordable health care to 50 million more Americans:

Millions of Americans are LOSING their coverage.
Millions more are seeing rate increases.
Many people are losing hours or jobs because of his plan.
If the plan works as expected, we’ll still have 20 million people without health care.
Lastly, note that the President’s plan doesn’t seem to provide more doctors. How do you care for millions of extra people without more doctors?

If the GOP needs a health care plan, I’ll give them this one for free: Help Americans find jobs (where they get insurance!!) and provide incentives for people to become doctors.

hawksruleva on October 28, 2013 at 3:00 PM

As the clip above dies, we hear, “..great reporting Jan. Thank you.”

Where in the holy living crap were you people in the MSM when this rolling turd started back in 2009?

I hope all of these people (the MSM trash) lose their coverage and have to surf that nightmare site for a 10x rate hike and unknown subsidy from all of us taxpayers. Nothing like a little anxiety to raise consciousness and tighten the old sphincter down to f/16, eh folks?

The War Planner on October 28, 2013 at 3:04 PM

Hey, I got an idea:

How about an insurance policy that will help you recover from tyrannical, stupid or malicious Federal Government decisions?

Nah, it would never work. Insurance companies have to play the odds, and given that the above is a certainty, they would have to charge a million dollar premium for $900,000 coverage.

LegendHasIt on October 28, 2013 at 3:04 PM

That PolitiFact defense is *bullshit*; it was a “suggestion” that people could keep their plan? Um, no – there are audio/video clips of Obama saying you can keep your plan – “PERIOD.”

There is no ambivalence in that.

Midas on October 28, 2013 at 3:08 PM

The D’s answer for this will be larger subsidies AND deductible offsets.

The more-pudding-please electorate will BEG for the D’s solution.

That will be the 2014 fight.

And once again, the R’s will lose.

Carnac on October 28, 2013 at 3:09 PM

Nix my previous mention of the 2014 fight.

Looks like over at the NYT, the comments about Krugman’s column are most decidedly going the ‘government as single-payer’ route.

Basically, fast-forward to Obamacare’s intended purpose.

If Boehner buckles and allows it to come to a vote, the RINO’s will take us there.

Be careful what you wish for.

Carnac on October 28, 2013 at 3:21 PM

But now my birth control is free.

newportmike on October 28, 2013 at 3:21 PM

This may cost the Democrats the Senate… Repubs must stay out of the way and let the law implement as written… NO MORE WAIVERS…

Khun Joe on October 28, 2013 at 3:24 PM

The provided link is to a chart provided to me by Blue Cross Blue Shield of Ga. with my cancelation notice, titled “Required Notice of Estimated Premium impact Due to the PPACA Effective for 1/1/14 renewals.” This clearly puts the lie to all those claiming Obamacare has not caused the premium increases. In my particular case the cheapest Obamacare plan is $542 compared to $257 which I currently pay.

https://drive.google.com/file/d/0B41YDJy6N2SDTDdZM09LNXExV00/edit?usp=sharing

John E. on October 28, 2013 at 3:36 PM

I’m so tired of hearing the administration touting that subsidies that will “lower” the cost of health care for low income people.

There is a huge distinction between hiding the true cost of Obamacare with subsidies and the true cost of Obamacare that then must be paid by the taxpayer and their generations to come.

The middle class is being taken to the cleaners three times. Once because health care premiums are sky rocketing to redistribute the middle class “wealth” to lower income people. The second time is to pay more out of pocket deductibles to keep premiums from being dramatically increased and sky rocketing out of the solar system. And finally, the middle class will either be soaked for more taxes to pay for the subsidies or the government will simply borrow more and print more. Either way the lose. The latter means a devalued dollar, greater difficult competing internationally, higher prices for consumers, and the very real potential for hyperinflation or collapse of the economy.

The problem, of course, is that the middle class and the wealthy no longer have the votes to keep the leaches of society from voting their pocket to pay for their free and seemingly endless government handouts.

I’m not sure there is a way out. Even if Obamacare were stopped dead in its tracks this very moment, the system has made so many changes and adjustments to try to comply with all of the insanity of Obamacare that it would be another train wreck trying to put Humpty Dumpty back together again. Maybe that was the plan along.

All scenarios from this day forward are a nightmare.

BMF on October 28, 2013 at 3:45 PM

Prediction:

CBS invites Fox News, TEA Party over for coffee; wants to put the past behind.

BobMbx on October 28, 2013 at 4:01 PM

October surprise!! Via Twitchy..

http://www.redstate.com/absentee/files/2013/10/healthcare.jpg

bluefox on October 28, 2013 at 4:03 PM

But now my birth control is free.

newportmike on October 28, 2013 at 3:21 PM

Awesome!! Now you won’t have to use the Maternity Coverage you’re paying for:-)

bluefox on October 28, 2013 at 4:30 PM

oldroy on October 28, 2013 at 2:38 PM

The subsidy is paiddirectly to the insurance company on behalf of the insured. It’s called the Advanced Premium Income Tax Credit.

http://www.youtube.com/watch?v=V7fH__-eijg&feature=c4-overview-vl&list=PLUslxKz-YuCg5Yx0Ic6GPfezCwu1U23DG

Ted Torgerson on October 28, 2013 at 4:45 PM

Skyrocketing costs category:

The good news: Major US corporation not ending retiree health insurance benefits 12/31/13; benefits will continue for another year.

The bad news: retiree premium will increase from $511/mo to $714/mo.

That $714 is for retiree only; does not include spouse.

Spouse over age 65, did not work required number of quarters to be eligible for social security, so gets no SS payments, and must purchase medicare insurance: Part A $441/mo; Part B $105/mo; Part D $125/mo = $671/mo.

Total insurance premiums’ cost for two people, ages 61 and 75: $1385/mo. $16,720/yr.

The 61 year old retiree must continue to work two full-time jobs – in order to pay for health insurance, and normal living expenses.

The “major US corporation” has thousands – THOUSANDS – of retirees in our same situation. The one blessing: coverage has always been excellent; no claim has ever been questioned, or denied. Deductible $350. Cap [lifetime]: one million $.

GGMac on October 28, 2013 at 4:59 PM

A post script to my above comment:

Isn’t interesting that for 2013 the cost of monthly premiums for medicare parts A, B, and D total $671/month…$160/month MORE than the excellent coverage [including drug coverage] provided by the major US corporation for the same year.

The major US corporation contracts with Blue Cross/Blue Shield of Minnesota, which has no death panels – no patient “last sale date”.

GGMac on October 28, 2013 at 5:12 PM

Most of these people either didn’t bother to vote, or are Obama supporters judging merely by the election results. Embrace the suck.

Dr. ZhivBlago on October 28, 2013 at 5:14 PM

…what part of “you will keep your health insurance” is a suggestion and not a promise?

I see “you will keep your health insurance” as a command, neither a suggestion or promise?

socalcon on October 28, 2013 at 5:18 PM

According to HealthCare.gov, Barrette is eligible for some subsidies…

Dianne was happy with her old plan, and more importantly, she could afford her old plan. Government steps in, and forces her into a plan that’s 10 times more expensive – but don’t worry Dianne – the taxpayers will bail you out. Thanks Obamacare!

Julia works at a restaurant. Making $8 an hour, Julia makes too much money to qualify for her state-funded medical plan – but not enough money to afford a good insurance policy for her and her young son. Right now, Julia figures she could use about a $100 a month in subsidies to purchase that elusive health plan.

Julia is normally scheduled to work at least 32 hours a week, but because of the ACA, Julia’s employer has cut her hours to just 28 a week. As a result of her hours being cut – Julia is now making $128 a month less – which means that she’ll need to have taxpayers fork out at least $228 worth of subsidies instead of just $100. Thanks Obamacare!

Hill60 on October 28, 2013 at 5:49 PM

I’m not sure there is a way out. Even if Obamacare were stopped dead in its tracks this very moment, the system has made so many changes and adjustments to try to comply with all of the insanity of Obamacare that it would be another train wreck trying to put Humpty Dumpty back together again. Maybe that was the plan along.

All scenarios from this day forward are a nightmare.

BMF on October 28, 2013 at 3:45 PM

Indeed.

AesopFan on October 29, 2013 at 12:59 AM

That PolitiFact defense is *bullshit*; it was a “suggestion” that people could keep their plan? Um, no – there are audio/video clips of Obama saying you can keep your plan – “PERIOD.”

There is no ambivalence in that.

Midas on October 28, 2013 at 3:08 PM

But it was just campaign hyperbole, not an actual lie. Sort of like it depends on what the meaning of is is.

talkingpoints on October 29, 2013 at 6:51 AM

It’s actually 11 times more, CBS math flunkies.

SansJeux on October 29, 2013 at 10:37 AM

No Country For The Frugal Man.

Bmore on October 29, 2013 at 10:43 AM

She is eligible for subsidies

Wow, great news! Instead of using her own money to pay $54 a month for a health care plan she is very happy with, this woman will now be forced to enroll in more expensive plan that she doesn’t want, and will need a government handout to pay for.

HarryBackside on October 29, 2013 at 8:20 PM

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