Audits and investigations into the effects of ObamaCare from congressional committees, government auditors, advocacy groups, and others.
“The Veterans Health Administration shows how incompetent the federal government is when it comes to making medicine a patient-centered enterprise.”
ObamaCare is poised to become another runaway entitlement program. Once the Congressional Budget Office’s cost-estimate is adjusted to reflect things for which it wasn’t allowed to make allowances — such as the omission of the “doc fix,” the CLASS Act gimmick, and the double-counting of money siphoned out of Medicare — it is clear that ObamaCare would raise costs, raise deficits, and reduce access to high-quality care for millions of Medicare recipients and other Americans.
The Senate health care bill (which, along with the Reconciliation Act, became law) would overhaul the entire health-care sector of the U.S. economy by erecting massive federal controls over private health insurance; dictating the content of insurance benefit-packages and the usage of medical treatments, procedures, and devices; altering the relationship between the federal government and the states; transferring massive regulatory power to the federal government; and restricting Americans’ personal and economic freedom by imposing unprecedented mandates on businesses and individuals, including an individual mandate to buy insurance.
House passage of the Senate version of ObamaCare means higher health costs, higher deficits, higher taxes, higher premiums, incentives for employers to drop employees’ insurance, incentives for employers to avoid hiring low-income workers, financial penalties for entering into marriage, further expansion of Medicaid and the launching of a new entitlement program, and the ushering in of a culture of statism and dependency in lieu of limited government and liberty.
As ObamaCare stands poised to limit or possibly ban popular high-deductible insurance plans — which are paired with health savings accounts (HSAs) to give patients more control over their own health-care dollars — a new insurance survey shows that the number of Americans enrolled in HSAs has increased ten-fold in just five years and how now eclipsed 10 million.
In a study commissioned by the state of Indiana’s Family and Social Services Administration, the Milliman consulting and actuarial firm concludes that ObamaCare would costs Indiana taxpayers $3.6 billion (in addition to their burden as federal taxpayers), as nearly one-quarter of Indiana residents would be on Medicaid by the end of the decade.
Over the next ten years, more than $500 billion would be siphoned out of Medicare and spent on ObamaCare, as ObamaCare would cause about half of all seniors with Medicare Advantage plans to lose them, would require seniors to pay higher taxes, and would reduce seniors’ access to care — while Medicare’s solvency would continue to weaken.