Tag Archives: Obamacare

Obamacare: Medicaid For All

Most folks who follow the news have heard that those who buy the government designed health insurance off the Obamacare insurance frequently lose their health care providers, but the anecdotal news reports don’t really explain why.

Here is what is going on.

Medicaid offeres comprehensive coverage, but only pays medical providers 55 cents of every dollar private health plans pay for the same services. Thus, very few doctors take Medicaid patients.

The government designed Obamacare exchange policies the same way. Obamacare compels you to purchase every coverage under the sun (whether you need it or not) and the only way to make the resulting premium remotely affordable (even after receiving a subsidy) is to cut medical provider compensation to Medicaid levels. Thus, very few doctors take Obamacare patients.

Obamacare is really Medicaid for all.


What if we had to buy coffee the way Obamacare now decrees we shall buy health insurance?

When Propaganda Goes Off Message

“Rebecca Stewart, a proud mother of two” went off message describing her less than satisfactory experience with Obamacare during a recent Youtube propaganda chat with President Barack Obama:

A Real Thanksgiving Turkey

While you were celebrating the Thanksgiving holiday with your family or plunging into the Black Friday shopping madness, your government was busy raising the cost of your health insurance – again.

This blog previously reported that Obamacare is taxing group health insurance plans to pay insurers to underwrite the government designed insurance sold on the government exchanges.

President Obama Pardons Thanksgiving Turkey

Now, The Washington Beacon reports that your employer buys health insurance for you, the Obamacare bureaucracy just decreed a new rule over the holiday weekend imposing another hidden 3% tax on your group policy which will cost roughly $5,000 per family over the next decade. This money goes into a slush fund the Obamacare bureaucracy can spend any way it pleases without having to ask Congress for appropriations.

Don’t you love holiday surprises?

The Unaffordable Employee Health Insurance Act

North Conway, New Hampshire small business owner Nancy Clark helped pitch the “Affordable Care Act” before the 2012 election on behalf of the Obama administration, gushing that she was looking forward to taking Obamacare subsidies from her neighbors to buy “Nancycare” insurance for her employees.

Fast forward to 2013…

CBS News is reporting today that Obamacare spiked Ms Clark’s employee health insurance premiums by 39%, taking $30,000 out of the pockets of Clark and/or her eight employees. [Go to the link to watch the CBS News report video.] Obama supporter Clark blithely terminated insurance for all of her employees and dumped them on the government exchanges, expecting the government to take care of them. Naturally, the employees were no more successful in buying the government designed insurance off the government exchange than anyone else. Clark simply dismisses their problems as mere “technical difficulties” that are “the nature of the beast” and remains a steadfast Obamacare supporter.


Annihilating The Working Class

Yesterday, a California business owner reported his company’s own Obamacare horror story to the Zero Hedge blog:

My company, based in California, employs 600. We used to insure about 250 of our employees. The rest opted out. The company paid 50% of their premiums for about $750,000/yr.

Under obamacare, none can opt out without penalty, and the rates are double or triple, depending upon the plan. Our 750k for 250 employees is going to $2 million per year for 600 employees.

By mandate, we have to pay 91.5% of the premium or more up from the 50% we used to pay.

Our employees share of the premium goes from $7/week for the cheapest plan to $30/week. 95% of my employees were on that plan. Remember, we used to pay 50% now we pay 91.5% and the premiums still go up that much!!

The cheapest plan now has a deductible of $6350! Before it was $150. Employees making $9 to $10/hr, have to pay $30/wk and have a $6350 deductible!!! What!!!!

They can’t afford that to be sure. Obamacare will kill their propensity to seek medical care. More money for less care? How does that help them?

Here is the craziest part. Employees who qualify for mediCAL (the California version of Medicare), which is most of my employees, will automatically be enrolled in the Federal SNAP program. They cannot opt out. They cannot decline. They will be automatically enrolled in the Federal food stamp program based upon their level of Obamacare qualification. Remember, these people work full time, living in a small town in California. They are not seeking assistance. It all seems like a joke. How can this be the new system?

Pelosi, pass the bill to find out what’s in it? Surprise! You’ve annihilated the working class.

As the “Iron Lady” Prime Minister Maggie Thatcher correctly observed a couple decades ago, socialism only makes the poor poorer:

Too bad America forgot her lesson.

UPDATE: North Carolina business woman notes that Obamacare is making her spend money she does not have to buy coverage she does not need and is driving her to drink:

The Massive New Obamacare Marriage Penalty

In yet another intentional train wreck, married couples who manage to navigate the HealthCare.gov website from hell to actually compare their taxpayer subsidies to purchase Obamacare government designed insurance off of the government exchange discover that Obamacare contains a massive marriage penalty.


The Heritage Foundation warned everyone about this back in 2010, but the Democrat media ignored the story.

[M]arried couples in general would receive between $1,500 and $10,000 less in government health care support than would cohabiting couples with the same total income…

For example, a young couple without children, age 20, each making $20,000, would receive $4,317 more in health benefits each year if they cohabit rather than marry. Slipping on the wedding ring would cut the couple’s annual disposable income by more than 10 percent. Rather than pay this new wedding tax, the couple is likely to postpone marriage or forego it entirely.

Or divorce if they have already tied the knot.

Why punish marriage? Just ask yourself who votes for Republicans.

Socialism As Organized Crime

Obamacare appears to have been a criminal enterprise from beginning to end. You read that correctly and I am not engaging in hyperbole or partisan mud slinging.

In order to mitigate popular opposition to government socializing the health insurance industry and to get reelected after Obamacare was imposed, President Barack Obama, his administration and the congressional Democrats lied to the American people about nearly every key element of their law. This big lie was not limited to Obama repeatedly making the false statement: “If you like your private health plan, you can keep your private health plan – period.” It also included such knowing misrepresentations like we could keep our physicians and save $2,500 a year in the process.


So what, you say? All politicians lie.

Not all politicians are taking over an entire industry and then sell the resulting government mandated product to us like the Sham Wow guy.

Consumer fraud is a federal crime. National Review writer and former Justice Department prosecutor Andrew McCarthy poses the question: “Well, how would the Justice Department be dealing with it if it had been uttered by, say, the president of an insurance company rather than the president of the United States?”

To be more illustrative, let’s say our schemer is the president of a health-insurance company, and that it was clearly foreseeable to him that his company’s clients would lose their current insurance plans if the company adopted his proposal of a complex new health-insurance framework. In fact, let’s assume that the schemer not only had analyses showing that clients would lose their plans but that he also had a history of openly favoring a “single-payer” insurance system — i.e., an unconcealed desire to move everyone from private to government-managed insurance arrangements.

Now, suppose the schemer nevertheless vowed to the company’s clients, to whom he bore fiduciary obligations, that they needn’t fear his proposed new insurance framework; under it, he promised time after time after time, if they liked their current plans, they would be able to keep those plans. And let’s say that, on the basis of that repeated vow, the clients supported the schemer’s reappointment as president and his proposed new framework. On these facts, the clients’ subsequent loss of their current insurance plans helps prove the schemer’s fraudulent intent. The schemer has committed not just a fraud but a carefully thought-out, fully successful fraud, replete with suffering victims…

Attorney General Eric Holder’s minions have recently sued Bank of America and UBS. The complaints filed in court by prosecutors allege that these financial institutions defrauded investors in the sale of mortgage-backed securities by failing to disclose important facts about the underlying mortgages. Indeed, prosecutors asserted that financial institutions’ statements about these securities were both lies and, even where arguably true, material omissions. That’s because the statements withheld from investors the fact that the institutions well knew, based on internal analyses, that many of the mortgages backing the securities would go into default.

Recall that President Obama knew three years ago, based on internal analyses, that because of his administration’s own regulation-writing, millions of Americans would lose the health plans he nonetheless continued to promise they could keep. The president hid the data . . . just as did those financial institutions that his trusty attorney general has sued.

Obamacare’s criminal activity does not end with the consumer fraud perpetrated by President Obama and his political party.

As I detailed in my book Never Allow A Crisis To Go To Waste, socialism is the government directing the economy to redistribute wealth and, during its first ten years of full operation, Obamacare is projected to redistribute nearly $3 trillion from those who pay taxes or pay for their own health insurance to those who buy government designed insurance on the government exchanges or become a Medicaid dependent.

This redistribution of wealth was supposed to be based on the income of the Obamacare applicant, with the subsidies to buy Obamacare insurance increasing as the income of the applicant fell. However, the Obama administration refused to verify applicant income and instead employed a honor system accepting whatever figure the applicant gave the government. Of course, this is an open invitation for Obamacare applicants to lie about their income to defraud the taxpayers and obtain more subsidies.

In case Obamacare applicants are too honest or too stupid to take the Obama administration up on this invitation, Obamacare helpfully provides you with “navigators” to instruct you on how to game the system. Obamacare provided the president with a $67 million slush fund to hire his former community agitation cronies as “navigators” to direct people to purchase Obamacare insurance or join Medicaid. Conservative guerrilla videographer James O’Keefe filmed these navigators instructing Obamacare applicants on how to defraud the taxpayers by lying about their income:

Welcome to the brave new world of our socialist government operating as a criminal enterprise.

UPDATE: Here is the second O’Keefe video of Obamacare “navigator” fraud:

UPDATE TWO: The GOP actually found the gumption to call out Obamacare as consumer fraud:

President Sham Wow Pitches Health Insurance

The guy that pitches the Sham Wow towels has recently become the face of infomercials. If you haven’t seen this character, here is one of his commercials:

For the first time in American history, our president is pitching government products like the Sham Wow guy:

“The product is good. The health insurance that’s being provided is good. It’s high quality, and it’s affordable. People can save money — significant money — by getting insurance that’s being provided through these marketplaces.”

Barack Obama attempting to pitch the Affordable Care Act – October 21, 2013.


Back in the real world, the Manhattan Institute has surveyed the health insurance still available for individuals shopping for themselves in 2014 and found that premiums have risen in 41 states by a national average of 41%. Check your individual state on this handy chart:


If you have a group insurance plan through work, your insurance premiums very likely went up as well. My wife and I reviewed our group health insurance policy options for 2014 and discovered that the premium for our current plan will spike by 20%, not including the new tax being imposed on group health care plans to subsidize the Obamacare exchanges.

Such a deal! Call now and buy yours now!

The Obamacare Health Insurance Death Spiral

To keep the price of health insurance affordable, the heath insurance model requires a pool of healthy people paying for only the insurance they need to treat the small minority who become ill. Obamacare turns this model on its head by raising the cost of health insurance by compelling insurers to offer coverage most people do not need and allowing people to wait until they are ill to sign up for heath insurance at the cost of a small fine while they remain uninsured.


Obamacare thus creates a health insurance death spiral.

Economically rational healthy people are not going to buy the expensive new government designed health insurance on the malfunctioning government insurance exchanges when they can instead pay a small fine and wait to buy insurance when they become ill or injured.

The few who do sign up for the expensive new government designed health insurance will be predominantly sick or ill, whose premiums will not cover the cost of their treatment.

Insurers will then be forced to raise premiums even further to cover their costs.

As insurance premiums increase, those with relatively minor illnesses and injuries will start dropping out, leaving only the most ill and most expensive in the pool of insured.

This cycle will continue until the insurers are economically compelled to stop selling government designed insurance on the government exchanges.

Think this is wild speculation on my part? The Talking Points Memo is reporting that Obamacare exchange insurers are already warning Congress that the death spiral is underway with health insurance prices increasing even more in 2015.

Ain’t socialism grand?


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