Tuesday, September 25, 2012
ObamaCare bait and switch
Obamanibles celebrated the passage of ObamaCare with Glee. Breathlessly awaiting their promised savings of $2500 a year by the end of Obama's first term and planning their next family vacation. A SUCCESS! But the reality is that Premiums have gone UP $3000. That's an unexpected hit(for Obama supporters) to the middle class family pocketbook of $5500. EVEN WORSE! Premiums have increased FASTER than during George Bush's presidency. So what do we get for these higher premiums? More bureaucracy, more stressed physicians, less privacy and government dictating what services you can get.
http://news.investors.com/092412-626848-health-premiums-up-3065-obama-vowed-2500-cut.aspx
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live,
ReplyDeleteThe $2,500 savings was based on Universal Health Care, I think. In the improbable event that Obama gets couric'd on that, he might just use that as an excuse. Afterall, Obamacare is not the same thing. The other stuff? More of those bump-in-the-road thingies.
Jean
Jean,
Deleteseems it was with Obamacare:
Per ABC News, Obama said the following back in the day:
On May 3, 2008, the president told voters that he had “a health care plan that would save the average family $2,500 on their premiums.”
A study was done proving Obamacare was a factor in the increase in health insurance premium costs. So where are these mystical savings?
White House deputy chief of staff Nancy-Ann DeParle insists families will see that savings — by 2019.
2019?
“Many of the changes in the Affordable Care Act are starting this year, and in succeeding years,” DeParle told ABC News, “and by 2019 we estimate that the average family will save around $2,000.”
DeParle said that the “big increases that occurred last year were probably driven by insurance plans overestimating what the impact would be and maybe trying to take some profits upfront before some of the changes in the Affordable Care Act occur.
There are a couple of things to flesh out here. First, and translating from the double-speak of the last part of DeParle’s quote, greedy insurance companies are trying to stick it to their customers before the people can see the magical value of Obamacare. What DeParle is saying is BS and it’s easy to prove that it’s BS: the average profit margins of 1300 health insurance providers was roughly 3.4% in 2009, hardly anything to write home about. In order to maintain any kind of profit margin after Obamacare added to the coverage these providers are required to support, the premiums have to increase (I would imagine there is cost-cutting as well).
Second, we lost $500 in savings from what Obama said three years ago; per DeParle, the so-called yearly savings are now $2000 instead of the $2500 Obama promised. Of course, the quote from Obama didn’t say when we’d see that $2500 savings; it could be in 2119 for all we know (in which case, Obama is correct since we’d all be dead and not worrying about increasing health insurance premiums). So where did that $500 go? As far as I can tell, it never existed.
Remember in government double-speak, reduced spending increases are referred to as spending cuts. Per Democratic double-speak regarding Porkulus, we’ve been told by Democrats that the unemployment rate would have been a lot higher without it, although there is absolutely no way this can be proven (as I mentioned here, the Oracle of Delphi had a better track record of predicting things than Democrats). With this in mind, here’s what I think Obama and his obfuscating administration are saying: we’ll see the $2000 or $2500 per year savings at some point, but not until health insurance costs increase far beyond those numbers.
In other words, we may eventually see the government double-speak definition of a spending cut, reduced personal health care cost increases. By 2019. Or something.
http://www.redstate.com/scipio62/2011/11/02/obamacares-disappearing-health-care-savings/
Iouman,
DeleteTo be clear, I was not at all defending Obama.
That said, yes, as a Wahsington Post article stated,
"he will have to answer to Americans if his law fails to live up to that promise by 2019 or if people feel misled by his lawyerly wording."
Somehow, if it turns out to be the case, I just don't see that we'll be giddy about him answering to us in 2019.
Jean
Iouman,
DeleteSorry. I omitted the source of the WP article:
http://www.washingtonpost.com/blogs/fact-checker/post/romneys-whopper-claim-on-an-obama-health-care-pledge/2012/07/03/gJQAVhk3IW_blog.html
Yes, I'm irritatingly aware of doublespeak. A very effective tool to obfuscate.
Jean
Jean,
DeleteSave 2500 by 2019. Costs have risen 3K since Ocare was passed. There are no savings and O will be nothing but a distasteful memory by 2019.