Thursday, March 21, 2013

Your Health Care Changes

"Barring a transformational event, voters will pull the lever against Obamacare in 2014," argues former NY Lt. Gov. Betsy McCaughey.  By then:
  • 20- and 30-somethings will be clobbered with 100% or higher premium hikes;
  • retail, hospitality and home care workers will lose on-the-job coverage, and in some cases their full time status (since employers with 50 or more "full-time" workers will be forced to pay substantially greater health insurance-related fees and costs);
  • seniors needing hospital care will be shocked at cutbacks (Obamacare awards bonus points to hospitals that spend the least per senior); and
  • hospital patients of all ages will wait longer for nurses (because hospitals will likely shed workers to accommodate an overall $247 billion in insurance payment cuts).
McCaughey has a warning for those who are forced into state exchange insurance plans:
Consumers directed to a state exchange will worry about handing their Social Security number and 15 pages of financial and family information to exchange “assisters,” temporary workers often from community organizations. Civil rights activists in California are resisting background checks for “assisters” because it would disqualify too many minority men with prior convictions.
The good news, as McCaughey sees it, is twofold.  "It’s a lot easier to take away an entitlement no one is accustomed to," and eliminating the Obamacare monstrosity will "reduce federal spending by $1.6 trillion through 2020."

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