http://www.theonion.com/articles/dad-explains-obamacare,33961/
PITTSBURGH—After noticing a newspaper article about the implementation of the upcoming Affordable Care Act, local father Andrew Panetta, 53, made an effort Monday to explain the intricacies of Obamacare to his son, sources confirmed. “It’s bullshit,” Panetta reportedly said, clarifying how insurance companies will comply with federal law in order to properly set up state-sponsored health care exchanges. “All of it. Complete and total bullshit.” Panetta went on to conclude his seven-second explanation of the expansive new health care law by saying, “I’m telling you, it’s bullshit.”
Most likely a pretty good description.
ReplyDeleteThe real deal is going to be if you can find a provider that will accept these plans.
I fear that many will need to travel some distances to find care.
The relevant Obamacare insurance filings are still unavailable in 37 states
ReplyDeleteIn less than four weeks—on October 1, 2013—Obamacare’s subsidized insurance exchanges are supposed to be fully on-line. But as of today, the relevant governmental agencies have only made public the insurance carrier filings for 13 states and the District of Columbia. In other words, we’re still waiting for important information on health insurance premiums from nearly three-fourths of the states.
http://www.forbes.com/sites/theapothecary/2013/09/04/interactive-map-in-13-states-plus-d-c-individual-health-premiums-will-increase-by-an-average-of-24/
Younger men (+43%) and older women (+27%) hardest hit
ReplyDeleteIt’s been widely reported in the press that younger Americans—particularly younger men—will be hardest hit by Obamacare’s changes to the individual insurance market. And, in our analysis, 27-year-old men fare the worst, with an average gross premium increase of 43 percent. It’s important to note that these rates are adjusted to take into account those with pre-existing conditions; healthy individuals should expect to see even steeper rate hikes. (For more details on our methodology, go here.)
It’s not widely understood, however, that older Americans will also see rate increases. Of the states we examined, 64-year-old men will see 20 percent increases on average. 64-year-old women will see 27 percent increases on average, which is actually higher than what 40-year-old women (10 percent) and 27-year-old women (22 percent) will see.
My wife and I are in our early sixties. A 20-27% increase in our health care policy will add about $5,000 to our expenses.
DeleteMultiply these numbers in the article across the board on all age groups, M and F, and the impact to GDP will be massive.
Socialism is Bullshit. I agree with the father's explanation above.