Obama back in July of this year:
While it will take a few years to fully implement this law, we can already see it taking effect. Last month, 4 million small business owners found a postcard in their mailbox informing them that they could be eligible for a health care tax cut this year worth tens of thousands of dollars to help them cover their employees. And America's largest businesses are filling out applications for critical relief to help them provide coverage for retirees who aren't yet eligible for Medicare.
The reality today:
There is not enough lipstick in the world to cover up this pig:
The Principal Financial Group announced on Thursday that it planned to stop selling health insurance, another sign of upheaval emerging among insurers as the new federal health law starts to take effect.
The company, based in Iowa, provides coverage to about 840,000 people who receive their insurance through an employer.
The NY Times tries to make this out to "posturing", but not only did 840,000 lose their insurance plans, untold thousands lost their jobs at Principle and it's associate companies. The Obama duoble-whammy: more uninsured, more unemployed.
And it doesn't end there:
Today's Minneapolis-St. Paul Business Journal reports that 3M is dropping its health coverage for retirees thanks to ObamaCare. Oh, and that Medicare program they'll be herded into, cattle-car style? The Democrats slashed it by $500 billion, so the hundreds of thousands of additional seniors covered should really be in fine fettle.
We are going to pay a very steep price for electing this man and trusting that his elixir would be fixing things.
A very steep price.
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Comments (11)
Wow ... the financial and r... (Below threshold)1. Posted by Michael Laprarie | October 4, 2010 9:13 PM | Score: 7 (7 votes cast)
Wow ... the financial and regulatory burden of ObamaCare is unexpectedly forcing private-sector employees and retirees into government-run health insurance plans!
Who could have ever imagined such a thing?
I'm shocked! Shocked!!
1. Posted by Michael Laprarie | October 4, 2010 9:13 PM |
Score: 7 (7 votes cast)
Posted on October 4, 2010 21:13
2. Posted by jim m | October 4, 2010 9:16 PM | Score: 9 (9 votes cast)
This was always the plan. Rep Jan Schatkowsky from IL crowed that obamacare would be the end of the insurance industry. This was never about health care and even more so never about improving the quality or access to health care. This was only ever about power and control. The dems took control over 1/6th of the economy and they will strangle it to get every bit of graft they can out of it. They are already mandating union membership for home care nurses so the unions can funnel the dues back into the dem coffers.
They are counting on an electorate that will be too passive to demand repeal. They may still get that wish.
2. Posted by jim m | October 4, 2010 9:16 PM |
Score: 9 (9 votes cast)
Posted on October 4, 2010 21:16
3. Posted by Jay Guevara | October 4, 2010 9:37 PM | Score: 1 (1 votes cast)
Rep Jan Schatkowsky from IL crowed that obamacare would be the end of the insurance industry.
Any response on this from Peter Lewis, her confrere ?
3. Posted by Jay Guevara | October 4, 2010 9:37 PM |
Score: 1 (1 votes cast)
Posted on October 4, 2010 21:37
4. Posted by epador | October 4, 2010 10:29 PM | Score: 3 (5 votes cast)
I spent Sunday night listening to my wife trying to delve through the 250+ pages of Federal Register dedicated to "Meaningful Use" - the Medicare dictums for what a provider has to do with an EMR (Electronic Medical Record) to be eligible for enhanced reimbursement (meaning being a little bit more than the sums that up to now had been driving practitioners away from the program).
One interesting goal we are supposed to meet (and if we don't we are ineligible): We are expected to have over 40% of prescriptions filed electronically. Yet NONE of the pharmacies in our county accept electronic prescriptions. You can drive an extra 20 miles across a 5 mile bridge to the next State to find a Walgreen's or RIte Aide who do.
Going through the entire mess, I can't see how a private practitioner could jump through all the hoops to do this. It's no wonder that physicians employed by hospitals or clinics will be the only Medicare providers soon.
A two-tiered system is the goal of this effort, and you are watching it happen right now.
4. Posted by epador | October 4, 2010 10:29 PM |
Score: 3 (5 votes cast)
Posted on October 4, 2010 22:29
5. Posted by Saterp | October 4, 2010 11:31 PM | Score: 2 (2 votes cast)
But Andy Griffith says everythibn is better than ever!!
5. Posted by Saterp | October 4, 2010 11:31 PM |
Score: 2 (2 votes cast)
Posted on October 4, 2010 23:31
6. Posted by Saterp | October 4, 2010 11:32 PM | Score: 2 (2 votes cast)
That's "everything"
6. Posted by Saterp | October 4, 2010 11:32 PM |
Score: 2 (2 votes cast)
Posted on October 4, 2010 23:32
7. Posted by RRRoark
| October 5, 2010 2:36 AM | Score: 2 (2 votes cast)
I get to spend the next couple of months explaining to seniors on Medicare Advantage Private Fee For Service plans (the ones that allow you to see any provider that accepts standard medicare rates of reimbursement) that their plans are being canceled or forced into becoming tied to networks like HMOs (another government invention)or PPOs.
They had those options when they enrolled and didn't choose them, so now the government is forcing them into those plans or back into standard Medicare which has no limit to their personal out of pocket liability under part B.
7. Posted by RRRoark
| October 5, 2010 2:36 AM |
Score: 2 (2 votes cast)
Posted on October 5, 2010 02:36
8. Posted by Always On Watch
| October 5, 2010 6:28 AM | Score: 6 (6 votes cast)
As one with a husband with serious medical conditions -- he's in hospital bed here in the living room since his stroke last year -- all the details I'm learning about ObamaKare make my blood run cold.
I remember before ObamaKare, when Obama supporters were telling me that ObamaKare would solve this household's problems with paying for medical care. Talk about a scam!
8. Posted by Always On Watch
| October 5, 2010 6:28 AM |
Score: 6 (6 votes cast)
Posted on October 5, 2010 06:28
9. Posted by Constitution First | October 5, 2010 1:13 PM | Score: 1 (1 votes cast)
At what point, does the harm caused by an elected official, get them recalled?!?
9. Posted by Constitution First | October 5, 2010 1:13 PM |
Score: 1 (1 votes cast)
Posted on October 5, 2010 13:13
10. Posted by red prom dresses 2011 | October 9, 2010 12:57 PM | Score: 0 (0 votes cast)
President Bush had the right idea but NOW we know these people don't have the guts to fight for their freedom. We gave them a chance with the lives of all our soldiers and a ton of our hard earned money, I have "Buyers Remorse" . It's time to leave and take ALL of our money with us. We don't need the middle east and they don't want us. Europe, China, and Russia have encouraged this bad child now let them deal with it, adios sand monkeys!
10. Posted by red prom dresses 2011 | October 9, 2010 12:57 PM |
Score: 0 (0 votes cast)
Posted on October 9, 2010 12:57
11. Posted by Aaron Simpson | October 23, 2010 11:21 PM | Score: 0 (0 votes cast)
The American healthcare system is undergoing a transition of epic proportions.
Too bad the politics of private vs public healthcare gets in the way of doing what's best for the country as a whole.
For both sides, ideology seems to be more important than the health of Americans
This article - The Tea Party Guide to Health & Fitness - was written to bring out that debate, and if you look at the comments, it is clear to see that a lot of people have their identities wrapped up in their politics.
http://www.healthhabits.ca/2010/10/21/tea-party-guide-health-fitness/
11. Posted by Aaron Simpson | October 23, 2010 11:21 PM |
Score: 0 (0 votes cast)
Posted on October 23, 2010 23:21