“The Affordable Care Act could cost McDonald’s and its franchisees more than $400 million a year in additional health-care expenses, Chief Financial Officer Peter Bensen said on Monday. McDonald’s estimates that each restaurant will incur between $10,000 and $30,000 in added annual costs.”
“It turns out that, even when you compare the years that are common to each CBO report, a clear trend emerges. Today, the CBO believes that Obamacare will spend more money, raise more tax revenue, and reduce the deficit less than the agency thought in 2010. And things could get worse.”
“It’s all part of health reform (ObamaCare). For the past few months the federal government has been quietly and secretly enrolling millions of elderly and disabled people into ACOs without their knowledge or consent. By quietly I mean that the government isn’t telling you about it and it has no plans to tell you about it. By secretly, I mean the whole procedure is being conducted under the radar screen. I know of no place you can write or call or go online to find out what ACO you’ve been assigned to.”
“Republican presidential candidate Mitt Romney signed a pledge Wednesday to repeal, defund and otherwise thwart President Obama’s healthcare law. Two conservative groups — Independent Women’s Voice and American Action Majority — are spearheading the ‘Repeal Pledge’ effort.”
“The Congressional Budget Office (CBO) has just published, in two reports, its updated score of the 2010 health care law. The new score is bad news from almost any vantage point. CBO’s fiscal evaluation of the law is worse than before, even though the number of people receiving health insurance coverage is now projected to be fewer.”
“What the report doesn’t cover is the fact that the other legs of the ObamaCare stool designed to expand insurance coverage — the individual mandate, the employer mandate and the state insurance exchanges — are also buckling. As a result, ObamaCare will likely cover far fewer uninsured than advertised. There’s even a chance that, if all goes wrong, it could actually make the uninsured problem worse.”
“But if history is any guide, there will be one other inescapable truth: The Affordable Health Care for America Act of 2010 will generate the same unintended consequences that have shaped, distorted, and even perverted so many other important pieces of legislation in our nation’s history.”
“Around one in 10 employers in the U.S. plans to drop health coverage for workers in the next few years as the bulk of the federal health-care law begins, and more indicated they may do so over time, according to a study to be released Tuesday by consulting company Deloitte.”