“President Obama’s promise that Americans could keep their health insurance if they liked it was the most infamous of the Affordable Care Act’s sketchy sales pitches. But many of the law’s most damaging aspects are less known, buried in thousands of pages of regulations.
Consider the “fee”—really a hidden sales tax—that all health-insurance companies have been forced to pay since the first of this year on premiums for policies sold to individuals and small and medium-size businesses. The health-insurance tax—known as HIT in business circles—is expected to generate revenues of about $8 billion this year and as much as $14.3 billion by 2018, according to the legislation.”
“Have you heard? Obamacare survived! It got to that magic number it was looking for to make everything right!
Or rather, it got to half the number the Congressional Budget Office predicted it would get to after the Supreme Court ruling.”
“Young workers signed up for company health plans at a lower rate than last year, a surprising result that kept overall corporate enrollment rates flat.
American companies had been bracing for a big bump in the number of employees signing on to workplace plans as a result of the new government mandate that most American adults buy health insurance or pay a penalty. New data on worker behavior for the 2014 coverage year from payroll services supplier ADP suggests that surge of enrollment never happened, at least for large companies.”
“On Monday, the first open enrollment period for the new Affordable Care Act will close, and the opportunity to sign up for health insurance will not reopen again until November. For our family, President Barack Obama’s promise to make health insurance “affordable and available to every single American” has not come true. “
“The law clearly states that today is the final day to sign up for Obamacare. Only it isn’t. The extension announced last week covers anyone who merely claims they intend to apply. Allowing such a frivolous and unverifiable gesture to circumvent the law neatly captures the paternalistic arrogance of the White House and its signature legislation — only the intent matters. Pay no attention to the cavalcade of undesirable consequences; if we mean well, we can do whatever we want.”
“Today is March 31, 2014: in theory, the last day you can sign up for coverage under the subsidized Obamacare insurance exchanges. If you’ve been a regular reader of this space, you know that the numbers routinely paraded by the Obama administration regarding Obamacare website sign-ups don’t tell us much about the actual number of uninsured individuals who have gained coverage. A new study from the RAND Corporation indicates that only one-third of exchange sign-ups were previously uninsured.”
“One of the fundamental flaws of the Affordable Care Act is that, despite its name, it makes health insurance more expensive. Today, the Manhattan Institute released the most comprehensive analysis yet conducted of premiums under Obamacare for people who shop for coverage on their own. Here’s what we learned. In the average state, Obamacare will increase underlying premiums by 41 percent. As we have long expected, the steepest hikes will be imposed on the healthy, the young, and the male. And Obamacare’s taxpayer-funded subsidies will primarily benefit those nearing retirement—people who, unlike the young, have had their whole lives to save for their health-care needs.”
“Assume all the numbers are correct, or at least close to correct. By far the largest part of Obamacare’s health coverage expansion has come from a) expanding Medicaid, and b) allowing young people to stay on their parents’ coverage. The part where Democrats essentially blew up the health care markets, imposed the individual mandate, and caused premiums to rise and deductibles to skyrocket? That hasn’t been such a success. If the Times number are correct, all of that — placing new burdens of higher costs and narrower choices on millions of Americans, in addition to setting the stage for coming changes in employer-based coverage — has resulted in two million of the previously uninsured gaining coverage.”
“Sen. John Barrasso (R-Wyo.) said Sunday that the Obama administration was “cooking the books” on enrollment figures for ObamaCare.
Appearing on “Fox News Sunday,” Barrasso said he wasn’t persuaded by statistics that said more than 6 million people had signed up for insurance under the healthcare law.”
“Americans face a Monday deadline for enrolling in health insurance after last-minute efforts over the weekend produced long lines, extra security and hours of waiting across the country.
HealthCare.gov, the federal web portal for purchasing coverage, was up and running after sunrise on the East Coast, but early visitors saw messages that the site was down for maintenance. Obama administration spokesman Aaron Albright said the site’s “regular nightly maintenance” was extended for what the Department of Heatlh and Human Services called a “software bug” unrelated to application volume.”