- Joined
- Dec 20, 2009
- Messages
- 74,130
- Reaction score
- 38,664
- Location
- USofA
- Gender
- Male
- Political Leaning
- Conservative
particularly poignant article by NRO's editors. As Predicted, this bill is only going to continue to worsen, and we will continue to find new wonderful ways in which it does damage to the American people, their economy, and their health.
The Patient Protection and Affordable Care Act, a.k.a. Obamacare, is to the law of unintended consequences what Newton’s apple was to the law of gravity: the illustration that bonks us on the head with its obviousness. Practically every week since its passage has added a new dimension of mirth to Nancy Pelosi’s punchline for the ages, that we had to pass the bill to find out what is in it. Out of the mouths of babes and clueless politicians . . .
And on the subject of babes, they are the latest victims of Obamacare: Health-insurance giants Anthem Blue Cross and Blue Shield, Aetna, Cigna, CoventryOne, Humana, and UnitedHealthCare have stopped writing child-only policies in those jurisdictions where they are able to do so. The reason for this is obvious: Because Obamacare forces insurance companies to accept children who are already sick with pre-existing conditions on the same terms as healthy children, parents now have a strong incentive to wait until their children are sick to buy child-only policies, making the products a guaranteed money-loser for insurers, which are not in the business of guaranteeing losses to their investors and employees...
Democrats of late have spent a lot of time engaged in televised scoffing at the idea that regulatory uncertainty is a major cause of our current economic malaise. They would do well to consult the insurers whose businesses they are attempting to micromanage. WellPoint had this to say about its decision to discontinue child-only policies: “Unfortunately, there remains a great deal of uncertainty as to how the rules will be implemented and what the impacts might be on participating insurers.”
Health-insurance rates already are rising even more quickly than they had been in the past because of concern about the costs that will be imposed by Obamacare. Various kinds ofinsurance products and services are being discontinued. Colleges have had to go begging to Washington to be allowed to continue offering the inexpensive, bare-bones coverage they make available to 18–22-year-old students who do not much need annual prostate exams or coverage for hip-replacement surgery...
Dozens of new taxes, regulatory beasties, and unlovely business outcomes have cropped up since the bill was passed. Meanwhile, the Democrats have declared war on financial reality... Obamacare levies a 3.8 percent tax on profits from home sales — meaning they have reduced the real sales value of American homes by 3.8 percent — and Democrats act as though this will have no effect on the tanking housing market. They issue “interim final” rules that change at the whim of the administration and then deny that uncertainty is hobbling the economy. They require that every business file a 1099 for the IRS for every vendor transaction exceeding $600 — a requirement that the IRS itself confesses it lacks sufficient manpower to handle — and then promise that their program will save the country money through reduced paperwork. They add an extra layer of taxation onto investments to offset the costs of their health-care mess and then wonder that investors aren’t pouring money into new job-creating enterprises...
Meanwhile, Obamacare innovations such as the Community Living Assistance Program already are poised to far exceed the budgets established for them in the bill, and the turbocharged Medicaid provisions are threatening to bankrupt states across the country. Thanks to Obamacare, you will pay more for heart stents and other life-saving medical devices, and you’ll have less money to do so once all the additional taxes and fees with which the bill is larded up kick in...
We propose that the next Congress adopt as House Bill 1 a single sentence: “The Patient Protection and Affordable Care Act is hereby repealed.”
The Patient Protection and Affordable Care Act, a.k.a. Obamacare, is to the law of unintended consequences what Newton’s apple was to the law of gravity: the illustration that bonks us on the head with its obviousness. Practically every week since its passage has added a new dimension of mirth to Nancy Pelosi’s punchline for the ages, that we had to pass the bill to find out what is in it. Out of the mouths of babes and clueless politicians . . .
And on the subject of babes, they are the latest victims of Obamacare: Health-insurance giants Anthem Blue Cross and Blue Shield, Aetna, Cigna, CoventryOne, Humana, and UnitedHealthCare have stopped writing child-only policies in those jurisdictions where they are able to do so. The reason for this is obvious: Because Obamacare forces insurance companies to accept children who are already sick with pre-existing conditions on the same terms as healthy children, parents now have a strong incentive to wait until their children are sick to buy child-only policies, making the products a guaranteed money-loser for insurers, which are not in the business of guaranteeing losses to their investors and employees...
Democrats of late have spent a lot of time engaged in televised scoffing at the idea that regulatory uncertainty is a major cause of our current economic malaise. They would do well to consult the insurers whose businesses they are attempting to micromanage. WellPoint had this to say about its decision to discontinue child-only policies: “Unfortunately, there remains a great deal of uncertainty as to how the rules will be implemented and what the impacts might be on participating insurers.”
Health-insurance rates already are rising even more quickly than they had been in the past because of concern about the costs that will be imposed by Obamacare. Various kinds ofinsurance products and services are being discontinued. Colleges have had to go begging to Washington to be allowed to continue offering the inexpensive, bare-bones coverage they make available to 18–22-year-old students who do not much need annual prostate exams or coverage for hip-replacement surgery...
Dozens of new taxes, regulatory beasties, and unlovely business outcomes have cropped up since the bill was passed. Meanwhile, the Democrats have declared war on financial reality... Obamacare levies a 3.8 percent tax on profits from home sales — meaning they have reduced the real sales value of American homes by 3.8 percent — and Democrats act as though this will have no effect on the tanking housing market. They issue “interim final” rules that change at the whim of the administration and then deny that uncertainty is hobbling the economy. They require that every business file a 1099 for the IRS for every vendor transaction exceeding $600 — a requirement that the IRS itself confesses it lacks sufficient manpower to handle — and then promise that their program will save the country money through reduced paperwork. They add an extra layer of taxation onto investments to offset the costs of their health-care mess and then wonder that investors aren’t pouring money into new job-creating enterprises...
Meanwhile, Obamacare innovations such as the Community Living Assistance Program already are poised to far exceed the budgets established for them in the bill, and the turbocharged Medicaid provisions are threatening to bankrupt states across the country. Thanks to Obamacare, you will pay more for heart stents and other life-saving medical devices, and you’ll have less money to do so once all the additional taxes and fees with which the bill is larded up kick in...
We propose that the next Congress adopt as House Bill 1 a single sentence: “The Patient Protection and Affordable Care Act is hereby repealed.”