There Are 2 Sides To The Obamacare Argument


Americans are only getting 1 side of the story about Obamacare.  The side they get depends on who they are listening to.

A good child-hood friend of mine posted this photo on Face Book last week.  Apparently, it is making the social media rounds.  I agree with most of the sentiment it expresses.  Unfortunately, it is only half-true.

Since my friend is not required to know the details of Obamacare, I have no reason to blame him.  He is just making a judgement based on the biased information he has been given from politicians and the press.

WHAT YOU DON’T KNOW

Many of the people who “die” because they cannot afford health care do so voluntarily.  It is not that many cannot afford health care.  It is because many will not spend the time and effort required to get it until they are already sick.  The number of uninsured who already qualify for “free” health insurance under Medicaid is staggering.

Those who cannot qualify for Medicaid, who are uninsured, have other priorities on which to spend their money.  Health insurance is a lower priority until it is needed.

The fact is that not one person who had good health insurance has gone broke because of medical bills.  The doctors and hospitals got paid.  The reason they went broke is because all of the money that they were using to pay for things like mortgage, utilities and car payments had to be redirected to the doctors and hospitals to pay the deductibles and co-insurance that they elected.

Before anyone complains about the “evil” deductibles and co-insurance, take time to read the actual Patient’s Protection and Affordable Care Act.  The 4 “Essential Benefits” plans in the act that are supposed to solve this problem all have deductibles and co-insurance.

Obamacare says not one word about supplements.  Just as many people will go broke under Obamacare as there are now.  It does not address the problem that is causing Americans to lose their homes and cars.  All it does is add a new layer of taxes.

ITS JUST TOO EXPENSIVE

I agree.  Health insurance is way too expensive.   Unfortunately, Obamacare is not the answer.  It has been the law of the land for over 2 years and premiums still are increasing.  It failed to lower premiums, like we were promised.

SUPREME COURT RULING ON OBAMACARE

On June 28, the U. S. Supreme Court verified that congress does not have the authority to mandate that Americans buy a product but that the “Individual Mandate” can continue because congress does have the authority to levy taxes.  The penalty in Obamacare for not buying a government approved, “Essential Benefit” plan is an additional tax.

If you elect to go without health insurance you will pay Obamacare’s penalty tax.  If you do purchase health insurance, you will pay a new premium tax.

AHIP STUDY

In a recent study, commissioned by America’s Health Insurance Plans, entitled, “Estimated Premium Impacts Of Annual Fees Assessed On Health Insurance Plans,” the Oliver Wyman company found the following.

  • Impact on individual market consumers: Increase premiums over a ten-year period for single coverage by $1,900 under the lower-end estimate and $2,400 under the higher-end estimate (for an average $2,150 increase in premiums), and for family coverage would increase by $4,500 and $5,700 (for an average $5,080 increase in premiums).
  • Impact on small employers: Increase premiums over a ten-year period for single coverage by $2,400 under the lower-end estimate and $3,100 under the higher-end estimate (for an average $2,760 increase in premiums), and for family coverage would increase by $6,000 and $7,700 (for an average $6,830 increase in premiums).
  • Impact on large employers: Increase premiums over a ten-year period for single coverage by $2,300 under the lower-end estimate and $2,900 under the higher-end estimate (for an average $2,610 increase in premiums), and for family coverage would increase by $6,200 and $8,000 (for an average $7,130 increase in premiums).
  • Impact on Medicare Advantage beneficiaries: Increase costs $16 to $20 per member per month in 2014 and will increase to between $32 and $42 by 2023, with an average expected increase in the cost of Medicare Advantage coverage of $3,590 over ten years.
  • Impact on Part D beneficiaries: Increase average premiums by $9 in 2014 and by $20 in 2023 for a total increase of $161 over ten years.
  • Impact on Medicaid managed care beneficiaries: Increase the average costs of Medicaid coverage by about $1,530 per enrollee between 2014 and 2023.

It is obvious that regardless of what any politician or member of the media says, we Americans are going to pay a new tax regardless of what we do.  Now that the Supreme Court has allowed Obamacare to remain, the only way to avoid those taxes would be for a future congress and president to repeal Obamacare and replace it with a plan that works without raising taxes.

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