"ObamaCare is privatization! War is Peace! Slavery is Freedom! Drunkenness is Sobriety!"
(Source: nomosshere)
The Effects of Obamacare
Intended Outcomes of Health Care Reform
You can’t be turned down for health insurance coverage.
You can cover your children on your health plan up to age 26 (starts in 2011).
If you can’t afford health insurance, you will receive assistance from the government to purchase it.
You can purchase health insurance more easily.
Your personal health records will be digitized, resulting in cost savings.
On the surface, these items sound wholesome, kind of like motherhood and apple pie. However, some of the additional items required by ObamaCare include hundreds of requirements for individuals, for businesses, for insurance companies, for health care providers such as doctors and hospitals, and for government entities.
Side Effects of Obamacare
• Moves 18 million people onto Medicaid programs. Remainder of uninsured will go to state health exchanges (2014).
• Adds new taxation on capital gains, including a new 3.8% tax on the sale of your home (2013)
• Mandates auto-enrollment in long-term care at a cost of $123 per month for everyone (the CLASS Act), requiring an affirmative opt-out if you don’t wish to be covered (as soon as HHS can determine how to implement).[5] This section is so outrageous, Sen. Kent Conrad (D-ND), Senate Budget Committee chairman, called it “a Ponzi scheme of the first order, the kind of thing that Bernie Madoff would have been proud of.”
• Adds a medical device tax of 2.9% on everything from CT scanners to surgical scissors, to be passed along to health-care consumers (2013)[7]
• Enhances the Nanny State: restaurant chains will have to post caloric content next to prices on the menu, and nutritional information must be posted on the outside of all vending machines (2011).
• Triggers loss of insurance coverage by large numbers of lower-paid employees, starting in 2011.
• Subjects college student medical plans to possible elimination since they will not meet the “Medical Loss Ratio” requirements recently approved by the National Association of Insurance Commissioners.
The Pork Included in Obamacare
The Cornhusker kickback: the federal government picks up Nebraska’s Medicaid expansion bill forever.
The Louisiana Purchase: Louisiana receives $300 million for increasing Medicare subsidies.
$100 million special funding for a hospital in Connecticut.
Funding of asbestos clean-up in Montana.
The Gator Aid, by which three counties in south Florida are exempted from Medicare Advantage cuts.
Much more here.
“We have to pass the bill so that you can find out what is in it.” – House Speaker Nancy Pelosi, March 9, 2010
To get a visual idea of the complexity surrounding the new health-care requirements, you can peruse the following chart prepared by the Joint Economic Congressional Committee, which outlines the bureaucratic Frankenstein that is being created. I’m printing the chart in a size that is too small to read here, just to give you the idea. You can download the chart itself by clicking here.
Repeal Obamacare Now!
