| Healthcare Bill Part III; Obamacare | |
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| Tweet Topic Started: Mar 3 2014, 02:20 PM (48,590 Views) | |
| Baldo | Mar 7 2015, 12:09 PM Post #1726 |
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Just a little guessing and in no way scientific or proven How many people still don't have health insurance? It is a hard number to compute, but it was claimed 45 million or so didn't have health insurance prior to Obamacare. Data I believe was taken of the 2010 census. The Obama Administration claim is 10 million have signed up for Obamacare, I don't have any idea whether true or not as they lie too often with statistics. Another aspect, the USA has grown since those original Obama numbers. What is the actual number today after Obamacare? It is estimate we have 325,000,000 people today. In 2010 we had 308,000,00. We have grown by 16,000,000 Pre Obamacare Percentage of people without Health Insurance 45 million/308,000,000 = 14.6 2015 Obamacare Percentage of people without Health Insurance 35,000,000/325,000,000 = 10.6 Seems like a huge upset & cost for just a 4% reduction, if indeed they are being honest. I will also note the Obamacare stats estimates of 10 million enrolled include 25% who were added to parents policy & around 40% who were added to Medicaid, leaving 35%, of which as high as 80% receive partial subsides. Magically just how many did Obamacare actually force into buying Healthcare all by themselves? Probably around 1 million All this just a guess to see proportions. Edited by Baldo, Mar 7 2015, 12:10 PM.
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| Baldo | Mar 7 2015, 12:35 PM Post #1727 |
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OOPSY! Hollywood gets a Obamacare surprise! Louis C.K. not laughing over pension fund ruling Louis C.K.'s fans know him as a stand-up comic and star of his own comedy series, but a New York judge has ruled that he is a full-time film editor. The ruling by U.S. District Court Judge Katherine Polk Failla means that the FX star owes much larger payments to a union health and pension funds. The comic, whose legal name is Louis Szekely, must now make contributions to a trio of funds as if he works 40 hours a week, 50 weeks a year as a film editor, even though he testified that he spends only a fraction of his time editing and can go months without performing the work. The union pension funds involved in the suit are the Motion Picture Industry Pension Plan, Health Plan and Individual Account Plan. Those plans require those who can set their own hours, like Louis C.K., must pay into the funds as if they work full-time as film editors. The union argued that without the rules, those employees could report they had worked the minimum hours necessary to qualify for a pension, and get the maximum benefit for the minimum required contribution. The lawsuit covers a period beginning in 2010. The decision did not state how much money Louis C.K.'s company, Pig Newton, will have to pay to make up for his past contributions. http://finance.yahoo.com/news/louis-c-k-not-laughing-131500226.html A good percentage of actors set up their own production companies. It is quite common for them to work on projects, sometimes direct, and write screenplays, besides acting. Many successful actors work on small projects on the web, documentaries, local plays, and present pilots for TV which are never accepted.. There are benefits to them to set LLC & Corporations for financial & tax purposes, but I bet they were not counting on this. Edited by Baldo, Mar 7 2015, 12:41 PM.
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| kbp | Mar 7 2015, 03:37 PM Post #1728 |
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Just misc., IIRC... The CBO number for UNinsured was 55M, counting illegals. Obamacare insurance exchange enrollment, counting all exchanges, was 11.4M last I recall ("had selected a policy..."). We also see 8-10 million mentioned as no longer UNinsured by way of Medicaid. A number impossible to verify. The population growth adds to the mystery! |
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| kbp | Mar 8 2015, 07:25 AM Post #1729 |
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Think about the "coercion" Kennedy questioned States experiencing should tax credits not be allowed at HHS exchanges, as the Solicitor General works hard to make a purse out of this sow's ear....
designed to afford state flexibility So that flexibility comes from:
I'd be floored if Kennedy actually believed "avoidance" should be considered, especially if you judge from the position he took on the mandate penalty issue. Verrilli going after that approach in such a twisted manner is amazing, as he's not some idiot. What a circus! |
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| kbp | Mar 8 2015, 09:24 AM Post #1730 |
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http://www.nationalreview.com/bench-memos/415015/7-best-moments-oral-argument-king-v-burwell-jonathan-keim 7 Best Moments from the Oral Argument in King v. Burwell . |
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| kbp | Mar 8 2015, 10:11 AM Post #1731 |
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Well worth taking a little time to read. It hits on the upside-down issues presented by the administration! . |
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| Baldo | Mar 9 2015, 11:09 AM Post #1732 |
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Obamacare premiums to significantly spike: CBO Obamacare exchange customers could see a significant spike in their premiums over the next few years as insurers face pressures from both the government and the marketplace, the Congressional Budget Office said Monday in a new analysis finding Obamacare is both cheaper and less comprehensive than predicted. The CBO said the exchanges and other new medical coverage under the Affordable Care Act will cost the government slightly more than half a trillion dollars over the next five years, which is about $200 billion less than than the $710 billion projected when the law was enacted in 2010. Some of that is due to tweaks to the law, and to changing economic conditions, but the CBO and its fellow scorekeeper, the Joint Committee on Taxation, said medical care costs have also grown at a slower rate than projected, helping lower payments for both private care and for government programs such as Medicaid and Medicare. Although it is unclear how much of that slowdown is attributable to the recession and its aftermath and how much to other factors, the slower growth has been sufficiently broad and persistent to persuade CBO and JCT to significantly lower their projections of federal costs for health care,” the CBO said in its report. The lower costs are at least in part due to fewer people gaining coverage. The CBO predicted 11 million people will be enrolled in insurance exchanges in 2015, rising to 21 million next year. Both of those are lower than initial projections...snipped Of those 11 million using the exchanges this year, about 8 million will be getting tax subsidies to help pay for their plans. The average subsidy is $3,960. By 2020, about 23 million Americans will be using the exchanges and 17 million will be getting government help, at an average tax payment of $5,070. At its peak over the next decade, the law is projected to help ensure that 91 percent of all residents have health coverage — still leaving a significant chunk of the population without coverage. The new health law estimates came as part of the CBO’s latest 10-year budget projections, which show the deficit this year likely to be about the same as in fiscal 2014, dropping slightly in 2016 and 2017, and then beginning a steady climb again to top $1 trillion by 2025. Taxes will average about 18 percent of gross domestic product over that decade, or about what the average has been in the last 40 years. Spending will average 22 percent of GDP, or slightly higher than the average in recent decades. http://www.washingtontimes.com/news/2015/mar/9/obamacare-premiums-spike-law-cheaper-expected/ |
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| kbp | Mar 9 2015, 12:36 PM Post #1733 |
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The success of failure! |
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| Mason | Mar 9 2015, 12:42 PM Post #1734 |
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Parts unknown
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. How about all the people that have got little or no raises as their companies used the money to pay for the increases mandated in the Health Care law? Some companies sent out letters saying that's precisely the case. . |
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| kbp | Mar 10 2015, 06:24 AM Post #1735 |
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That and the costlier problem of out-of-pocket. Most all employees experienced an increase in the portion of the premium they cover, but even more of an increase in the out-of-pocket expense. This reduces the balance of their income left for discretionary spending. Then deduct the cost of all the tax increases from that income. |
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| kbp | Mar 10 2015, 09:48 AM Post #1736 |
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Not too bad of an article from NYTimes!
...Justice Sonia Sotomayor ... if the court accepted his argument, it would be “intruding on the federal-state relationship, because then the states are going to be coerced into establishing their own exchanges.” ...Justice Elena Kagan said Congress had not warned states of the consequences if they chose to use the federal exchange. In interpreting statutes, Justice Kagan said, the court presumes that “Congress does not mean to impose heavy burdens and draconian choices on states unless it says so awfully clearly.” ...Justice Kennedy ...They need clear notice of the conditions attached to federal funds so they can “guard against excessive federal intrusion into state affairs and be vigilant in policing the boundaries of federal power,” he wrote in 1999. ...said last week, “the states are being told either create your own exchange, or we’ll send your insurance market into a death spiral,” and “the cost of insurance will be sky high.” The argument here, which I believe Kennedy used with sarcasm in mind, is the law must notify the States of the circumstances they face in making a choice allowed by that law. IMPOSSIBLE The law gave HHS authority to write regulations not expressed in the actual law, therefore the only possible means for clear notice would have been to hypothetically explain WTH extremes the HHS might write to control the national insurance markets. . |
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| Baldo | Mar 10 2015, 12:26 PM Post #1737 |
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Report: Specialty drugs push prescription spending to highest increase in more than a decade The nation's largest pharmacy benefits manager says prescription drugs spending rose 13 percent last year, the largest annual increase since 2003. Express Scripts says the gains were fueled by pricey specialty drugs that accounted for about 31 cents of every dollar spent on prescriptions even though they represented only 1 percent of all U.S. prescriptions filled. Specialty drugs are advanced medications that treat complex or chronic conditions like hepatitis C and multiple sclerosis. Express Scripts Holding Co. and several insurers have warned for more than a year about the growing financial impact from specialty drugs like Gilead Sciences' hepatitis C treatment Sovaldi. Express Scripts also says in an annual report on prescription spending that the specialty drug trend will slow to more sustainable levels over the next three years...snipped http://www.foxbusiness.com/markets/2015/03/10/report-specialty-drugs-push-prescription-spending-to-highest-increase-in-more/ Also pretty clear to me generic drug prices are soaring. What did you think? Big Phrama signed up with Obama. |
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| wingedwheel | Mar 10 2015, 12:47 PM Post #1738 |
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Not Pictured Above
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I remember hearing that they would rise. Telling anyone on the left that at the time 0bamacare was passed you were called bad names. Then it started to happen. First story I read about was months ago. Around last month some time a local pharmacist, who does a radio segment every few weeks, mentioned the rise in cost for generics. He specifically mentioned Digoxin. He said people would get angry at him for the rise in price. But there wasn't anything he could do about it. He couldn't get the medication any cheaper and the price the costumer pays is set by their insurance anyway. He said they could go to a bigger pharmacy and they would charge the same thing. Just another example of the affordable care act making things unaffordable. Also another sad thing about the rise in cost in generics is that it isn't only humans that use generics. Digoxin is used for pets along with a number of other generic drugs. |
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| kbp | Mar 11 2015, 12:54 PM Post #1739 |
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http://www.nytimes.com/2015/03/10/us/politics/budget-office-again-reduces-its-estimate-on-cost-of-the-affordable-care-act.html Budget Office Again Reduces Its Estimate on Cost of the Affordable Care Act http://www.washingtonpost.com/business/economy/health-care-law-will-cost-11-percent-less-than-previously-forecast-cbo-says/2015/03/09/a0efd9e6-c689-11e4-a199-6cb5e63819d2_story.html Health-care law will cost taxpayers less than expected, CBO says http://www.wsj.com/articles/cbo-sees-slightly-higher-2015-deficit-than-previously-forecast-1425914251 Health Law to Cost Less Than Forecast Earlier http://www.tuscaloosanews.com/article/20150309/APW/303099742 CBO: Slowing costs reduce price of health care overhaul http://www.latimes.com/nation/la-na-cbo-obamacare-qa-20150310-story.html Affordable Care Act costs continue to fall ...reduce costs...less from taxpayers...slowing costs...costs fall... Such cheerful headlines!!! Estimates for federal insurance subsidies dropped by 20 percent because??? Medicaid costs dropped because??? Obamacare costs dropped because??? Well... ...exchange enrollment is down 13% ...Medicaid enrollment missed the mark by a couple million The truth is that the enrollments failed by 13-15%, they delayed programs (employer), gave less for State exchange startups... so it costs less. Imagine that, the government falling 13-16% short of meeting their own goals for how many they'd serve FREE MONEY to, then only finding a 6% savings from that failure to spend more, and it's announced as good news in the media world. This is a no-fail program. They are either saving money or pleasing more people, so either way is good news. |
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| kbp | Mar 11 2015, 01:46 PM Post #1740 |
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Now I found a report showing an 11% decrease in costs. My numbers of 6% v. the 13-15% in the previous post may be off. I've not yet read the actual CBO report and news reports keep comparing the recent report to a variety past reports. |
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11:54 AM Jul 13