“Yesterday, I interviewed U.S. Rep. Paul Ryan, Chairman of the House Committee on the Budget, about the near complete absence of market signals in health care in the U.S., the future of medical innovation under the Affordable Care Act, and how providers – finally – might be coming around to the view that a market-based, patient-centered health care system is the only thing that will save them from gradual strangulation under IPAB’s price control regime.”

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“By all means, let’s pursue every avenue and let us make sure that our laws are in their proper relation to the Constitution. But the core case against Obamacare must be a sustained political case made on policy grounds, and the means to undo the law as a whole and pursue real reform will present themselves not next summer when the Court rules but next fall when the public does. Let us not forget it, and not lose our focus and resolve.”

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“The federal insurance subsidies and tax credits are among the few popular features of the law. But they won’t remain that way as Americans learn more about them. ObamaCare provides subsidies to those whose incomes fall between 133 and 400 percent of the federal poverty level, and who do not have access to federally defined “affordable” coverage through their employer. All other Americans — including those in the exact same income bracket — will not be eligible to receive subsidies.”

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“Medical device maker Stryker Corp said it will cut 5 percent, or about 1000 jobs to largely offset costs related to the scheduled implementation of the new Medical Device Excise Tax in 2013.”

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“The Treasury Department’s inspector general for tax administration found that, by May, roughly 228,000 taxpayers had claimed the small-business credit to the tune of more than $278 million. The IRS had previously tried to reach out to some 4.4 million taxpayers that it thought could have been eligible for the credit, and the Congressional Budget Office had estimated that up to $2 billion could be claimed for 2010.”

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“Voters in Ohio approved a measure Tuesday night disapproving of President Obama’s healthcare law. Ohioans passed an amendment to the state constitution that says Ohio residents cannot be forced to buy health insurance… But even with strong turnout around a traditionally Democratic issue, 66 percent of voters had supported the anti-mandate initiative at the time the Associated Press called the vote.”

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“Wanda Jones, president of San Francisco’s New Century Healthcare Institute, said Anthem Blue Cross also may be reacting to changes in federal regulation of Advantage plans that are being implemented as part of health care reform… Anthem’s decision will affect 113,000 Medicare beneficiaries statewide, and decisions by other health plans to drop their Advantage plans will force another 37,000 beneficiaries in California to switch plans,”

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“The 2010 healthcare law contains a tax on the health insurance policies that most small businesses purchase… Estimates predict the tax will raise the cost of employer-sponsored insurance by 2% – 3%, imposing a cumulative cost of nearly $5,000 per family by 2020. The NFIB Research Foundation’s BSIM model suggests that such price increases will reduce private sector employment by 125,000 to 249,000 jobs in 2021, with 59 percent of those losses falling on small business.”

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“Congress and President Barack Obama agreed this summer that widening deficits and growing debt threaten our economic future, and something must be done to get our nation’s fiscal house in order. A good start would be to agree to delay initiating the new spending in the Affordable Care Act so that a broader and more stable bipartisan consensus can be built around fiscally sustainable entitlement and tax policy.”

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Nancy-Ann DeParle, White House Deputy Chief of Staff, Touts ObamaCare’s New Rate-Review System Coming Online:

Today, consumers got some good news when a big insurance company – Blue Shield of California – announced it will be returning $295 million to consumers and the community by the end of the year. This announcement will provide some much needed relief to families who have seen their premiums increase in recent years. And it’s the fourth positive announcement we’ve heard this week alone about health insurance premiums. Before the Affordable Care Act became law, many insurance companies could raise your premiums without any transparency or accountability. If you wanted to know why your rates were going up, they were under no obligation to tell you. Thanks to the Affordable Care Act, that’s all changing. Starting September 1, 2011, in every State and for the first time ever, insurance companies are required to publicly justify their actions if they want to raise rates by 10 percent or more. The Affordable Care Act also included $250 million to help States strengthen their rate review procedures so they can successfully fight high premium hikes and help keep costs under control.

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