10 Things to Say to an Obama Voter Who Just Got Laid Off ...
- Thread starter JamesL
- Start date
If obama created a job then they wouldn't need to go back to school.
Oooops
Student Loan Defaults Soar By 36% Compared To Year Ago
Funny.
Oooops
Student Loan Defaults Soar By 36% Compared To Year Ago
Funny.
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During his first campaign for the presidency in 2008, the president promised that his health reform plan would âbring down premiums by $2,500 for the typical familyâ by the end of his first term... In fact, itâs more expensive. Premiums have increased by an average of $3,065. And theyâre about to go up even more, as Obamacare takes effect during the presidentâs second term.
http://www.forbes.com/sites/sallypi...higher-health-insurance-premiums-3000-higher/
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Health insurers are privately warning brokers that premiums for many individuals and small businesses could increase sharply next year because of the health-care overhaul law, with the nation's biggest firm projecting that rates could more than double for some consumers buying their own plans.
The projections, made in sessions with brokers and agents, provide some of the most concrete evidence yet of how much insurance companies might increase prices when major provisions of the law kick in next yearâa subject of rigorous debate.
In a private presentation to brokers late last month, UnitedHealth Group Inc., the nation's largest carrier, said premiums for some consumers buying their own plans could go up as much as 116%, and small-business rates as much as 25% to 50%. The company said the estimates were driven in part by growing medical costs not directly tied to the law. It also cited the law's requirements that health status not affect rates and that plans include certain minimum benefits and limits to out-of-pocket charges, among other things.
http://online.wsj.com/article/SB100...4496682.html?mod=pls_whats_news_us_business_f
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When you massively increase the demand for healthcare with minimal increase in the supply of healthcare, the results are predictable.
New Data Suggests Obamacare Is Actually Bending The Healthcare Cost Curve
Op/Ed 2/12/2013 @ 9:12AM
"A new Congressional Budget Office report out last week has the healthcare world scratching its head over the possibility that Obamacare mightâin partâbe responsible for what is being described as a significant slowdown in the growth of healthcare costs in America.
"According to the report, hundreds of billions of dollars in federal spending for Medicare and Medicaid are being removed from government projections as federal healthcare spending is now expected to be full 15 percent less than what had been initially budgeted for 2012. The surprisingly low spending projections come as the growth in healthcare spending has hit a new low for the fourth consecutive year.
"To be sure, a big part of the decline in healthcare spending is the result of the recessionâs impact on peopleâs ability to lay out cash on health related expenditures. Indeed, up until this point, most analysts have agreed that the poor economy was pretty much the sole cause for the improvement we have seen in containing the explosion of healthcare spending.
"Now, experts are beginning to recognize that the Affordable Care Act may, in fact, be contributing to the good newsâa significant development as bending the cost curve was a primary goal of Obamacare.
"Douglas Elmendorf, Director of the CBO, noted that while much of the savings are the result of a loss of wealth due to the recession. But, for the first time, Elmendorf was willing to say that a âsignificant partâ of the savings are the result of structural change in how healthcare is now being delivered.
"While the new data suggests that some of the changes in how providers are paid for delivering healthcare beganâand were having a positive impactâprior to passage of Obamacare, the ACA codifies these changes in payment procedures for physicians and hospitals, taking what now appears to be programs that are slowing the growth in costs and applying them to all providers throughout the nation.
"Importantly, the slowdown in the cost of care is happening in both the overall rate of spending and government spending. Writes Annie Lowrey in the New York Timesâ
âThe slowdown has occurred in both government and overall health spending. From 2009 to 2011, total health spending grew at the lowest annual pace since the government started keeping records 52 years ago, a trend that seems to have continued last year. In the 2012 fiscal year, Medicare spending per beneficiary grew just 0.4 percent. The new Congressional Budget Office data said that overall Medicare outlays grew 3 percent in 2012, the slowest rate since 2000.â
"The multi-billion dollar question is whether this positive trend will continue as we have seen slowdowns in the past only to see the curve explode upwards after a pause.
"The answer to that question matters as Lowrey reportsâ
âSlower cost growth would have ramifications far beyond the deficit. According to calculations by White House economists, slowing the annual growth rate of health care costs by 1.5 percentage points might increase economic output by 2 percent in 2020 and 8 percent in 2030. It might also lead to higher wages for workers and more room for productive investments in the budget.â
"While we can expect the Obamacare bashers to pour cold water on this good news, there is no denying that the law is paying some dividends in the critically important effort to bend the cost curve in healthcare delivery.
"Could this be enough to open people up to contemplating that there may just be other good news to come thanks to health care reform?"
http://www.forbes.com/sites/rickung...s-actually-bending-the-healthcare-cost-curve/
Op/Ed 2/12/2013 @ 9:12AM
"A new Congressional Budget Office report out last week has the healthcare world scratching its head over the possibility that Obamacare mightâin partâbe responsible for what is being described as a significant slowdown in the growth of healthcare costs in America.
"According to the report, hundreds of billions of dollars in federal spending for Medicare and Medicaid are being removed from government projections as federal healthcare spending is now expected to be full 15 percent less than what had been initially budgeted for 2012. The surprisingly low spending projections come as the growth in healthcare spending has hit a new low for the fourth consecutive year.
"To be sure, a big part of the decline in healthcare spending is the result of the recessionâs impact on peopleâs ability to lay out cash on health related expenditures. Indeed, up until this point, most analysts have agreed that the poor economy was pretty much the sole cause for the improvement we have seen in containing the explosion of healthcare spending.
"Now, experts are beginning to recognize that the Affordable Care Act may, in fact, be contributing to the good newsâa significant development as bending the cost curve was a primary goal of Obamacare.
"Douglas Elmendorf, Director of the CBO, noted that while much of the savings are the result of a loss of wealth due to the recession. But, for the first time, Elmendorf was willing to say that a âsignificant partâ of the savings are the result of structural change in how healthcare is now being delivered.
"While the new data suggests that some of the changes in how providers are paid for delivering healthcare beganâand were having a positive impactâprior to passage of Obamacare, the ACA codifies these changes in payment procedures for physicians and hospitals, taking what now appears to be programs that are slowing the growth in costs and applying them to all providers throughout the nation.
"Importantly, the slowdown in the cost of care is happening in both the overall rate of spending and government spending. Writes Annie Lowrey in the New York Timesâ
âThe slowdown has occurred in both government and overall health spending. From 2009 to 2011, total health spending grew at the lowest annual pace since the government started keeping records 52 years ago, a trend that seems to have continued last year. In the 2012 fiscal year, Medicare spending per beneficiary grew just 0.4 percent. The new Congressional Budget Office data said that overall Medicare outlays grew 3 percent in 2012, the slowest rate since 2000.â
"The multi-billion dollar question is whether this positive trend will continue as we have seen slowdowns in the past only to see the curve explode upwards after a pause.
"The answer to that question matters as Lowrey reportsâ
âSlower cost growth would have ramifications far beyond the deficit. According to calculations by White House economists, slowing the annual growth rate of health care costs by 1.5 percentage points might increase economic output by 2 percent in 2020 and 8 percent in 2030. It might also lead to higher wages for workers and more room for productive investments in the budget.â
"While we can expect the Obamacare bashers to pour cold water on this good news, there is no denying that the law is paying some dividends in the critically important effort to bend the cost curve in healthcare delivery.
"Could this be enough to open people up to contemplating that there may just be other good news to come thanks to health care reform?"
http://www.forbes.com/sites/rickung...s-actually-bending-the-healthcare-cost-curve/
Quote from RCG Trader:
So much for meritocracy.
You don't seem to be a big fan of meritocracy mr "Affirmative Action poster boy in lieu of talent".
"A new Congressional Budget Office report out last week has the healthcare world scratching its head
Hmnnn..they removed spending projections out of the budget..what budget is that? We don't have a budget.
Anyways..what is this? The third report from the CBO on Barrycare? The first one said it's going t cut the deficit, the second said it will exceed cost projections, now this one says everyone is scratching there balls. I hope these people aren't being paid @ the CBO, they are worse than weatherman on predictions.
Hmnnn..they removed spending projections out of the budget..what budget is that? We don't have a budget.
Anyways..what is this? The third report from the CBO on Barrycare? The first one said it's going t cut the deficit, the second said it will exceed cost projections, now this one says everyone is scratching there balls. I hope these people aren't being paid @ the CBO, they are worse than weatherman on predictions.
Might that have to do with less people having insurance now as a result of obamacare (like myself) or would that be too fucking difficult for you and the dumbass author to figure out?
Now what exactly was the excuse we needed obamacare for?
WASHINGTON (AP) â Insurance companies will have to pay out an average of 32 percent more for medical claims on individual health policies under President Barack Obamaâs overhaul, the nationâs leading group of financial risk analysts has estimated.
Thatâs likely to increase premiums for at least some Americans buying individual plans.
The report by the Society of Actuaries could turn into a big headache for the Obama administration at a time when many parts of the country remain skeptical about the Affordable Care Act.
Thatâs likely to increase premiums for at least some Americans buying individual plans.
The report by the Society of Actuaries could turn into a big headache for the Obama administration at a time when many parts of the country remain skeptical about the Affordable Care Act.