Over at The Undercurrent, Paul Hsieh has a good column about the high cost of benefit mandates that states—and now the feds—impose on health insurance carriers:
State regulators currently require health insurers to include numerous “mandatory benefits,” whether customers wish to purchase them or not. The exact mandatory benefits vary from state to state, but might include services […]
Health Care BS
Insurance BS —
Category Archives: Insurance BS
HSIEH: DON’T BLAME CAPITALISM FOR HIGH HEALTH INSURANCE COSTS
ANOTHER DAY, ANOTHER OCARE CLUSTER
This time, the problem is ObamaCare’s “firewall,â€? a feature that denies subsidies to workers whose employers offer affordable coverage. In other words, if your company offers a plan with premiums that total less than 9.5 percent of your income, you’re SOL on subsidies:
The problem is a huge headache for the Obama administration and congressional Democrats, […]
OBAMA’S TALE ABOUT HIS MOTHER’S HEALTH INSURANCE WOES TURNS OUT TO BE FICTION
One of the President’s ostensible reasons for being passionate about health reform involved his mother’s alleged battles with her health insurance carrier about coverage for the illness that eventually killed her. One minor problem: It appears that a significant portion of this tale is fiction:
I remember in the last month of her life, she wasn’t thinking about […]
VIDEO: OBAMA’S HEALTH CARE CZAR RAKED OVER THE COALS BY REP. TOM PRICE, M.D.
Yesterday, Tom Price, M.D. (R-GA) questioned Donald Berwick, recess-appointed administrator of the Centers for Medicare and Medicaid, at a hearing in the House Committee on Ways & Means. And Dr. Price was none too gentle about it. He pressed him especially hard on the promise that Americans could keep coverage that they like under ObamaCare. Berwick’s […]
VIDEO: MEDICARE’S CHIEF ACTUARY OUTS OBAMA ON HEALTH REFORM WHOPPERS
The President has repeatedly told us that ObamaCare would control costs and that we can keep our insurance plans if we like them. Well, Medicare’s Chief Actuary begs to differ.
Richard Foster appeared at a House Budget Committee hearing earlier today and here are his answers to a couple of questions from California congressman Tom McClintock:
McCLINTOCK: True or false: The […]
AARP SHIFTS HEALTH COSTS TO EMPLOYEES, LIES ABOUT REASON FOR OCARE SUPPORT
The people who run AARP, like their fellow quislings at the AMA, decided early in the health reform battle to betray its members. Now the organization’s employees get to foot the bill by paying 8 to 13 percent more next year on health insurance premiums. They use “medical inflation” as a fig leaf, but the obvious reason for the increase is ObamaCare:
AARP […]
ANYONE UP FOR HIGHER HEALTH COSTS?
Sorry. It doesn’t really matter what you’re up for. Thanks to ObamaCare, higher costs are what you’re going to get:
Mercer [the HR consulting firm] says the new benefits from the health overhaul add about 4% to premiums.
Oh, and you’ll have a higher out-of pocket bill as well:
Many [companies] are finding that they have little choice […]
OBAMACARE DRIVES ANOTHER INSURER OUT OF THE HEALTH COVERAGE BUSINESS
Another day, another insurance company bails. The Dems, and the people who vote for them, believe that the government can dictate benefits, prices, and business practices to insurance companies with no effect on behavior.
As anyone literate in basic economics could have predicted, these mandates increase the cost of doing business so much that many carriers will simply leave the health […]
VIDEO: KATHLEEN SEBELIUS TRASHES WSJ FOR REPORTING MCDONALD’S PLAN TO DUMP EMPLOYEE HEALTH COVERAGE
By now it should be obvious to every sentient being in the galaxy that President Obama was lying when he promised ObamaCare would not force people to give up insurance plans with which they were happy.
In addition to the millions of seniors who will lose their MA Plans (read about the latest victims here), millions of working Americans, possibly including 30,000 McDonald’s employees, […]
OBAMACARE CAUSES 22,000 SENIORS TO LOSE THEIR MEDICARE ADVANTAGE PLANS
I have written many times about ObamaCare’s cuts in the Medicare Advantage program and their inevitable result—-seniors being herded back to lower benefits of traditional Medicare. Here’s the latest chapter in that tawdry tale:
Harvard Pilgrim Health Care has notified customers that it will drop its Medicare Advantage health insurance program at the end of the year.
That means 22,000 seniors […]