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Posts Tagged ‘side effects’

  • Side Effects: Obamacare Strengthens Compliance-Based Medicine

    Posted October 22nd, 2010 at 4:00pm in Health Care 0

    Obamacare alters the practice medicine by putting a stronger emphasis on adherence to government-determined measures of quality. The Centers for Medicare and Medicaid Services (CMS) already offers hospitals financial incentives to report on their compliance with certain measures of care. These are posted on Hospital Compare, a site where, according to Kaiser Health News, “patients can [...] More

  • Side Effects: Obamacare Hurts Low-Income Workers

    Posted October 21st, 2010 at 1:00pm in Health Care 2

    With a struggling economy and stagnant unemployment rate, the last thing the United States needs is any public policy that will hurt job growth. Unfortunately, Obamacare’s new federally mandated, essential benefits package will diminish new job opportunities, especially for low-income workers. This is expected to occur because the new law requires employers to offer health care [...] More

  • A recent letter from the Congressional Research Service (CRS) reveals how Obamacare will erode patients’ access to certain preventive services. The new health care law requires insurers to cover all preventive measures rated “A” or “B” by the United States Preventive Services Task Force (USPSTF) with zero cost-sharing. Otherwise, “a plan or issuer has the discretion [...] More

  • Side Effects: Obamacare Compels More Employers to Dump Coverage

    Posted October 6th, 2010 at 11:00am in Health Care 1

    Obamacare has struck again. Last week, 3M announced plans to drop health benefits for retirees, citing the new law’s impact as a contributor in its decision. In 2013, 3M retirees who qualify for Medicare will lose their current employer-sponsored health benefits, and instead receive a health reimbursement account (HRA) with which to buy a Medicare plan. In [...] More

  • Side Effects: Obamacare Fails to Halt Rising Premiums

    Posted October 4th, 2010 at 4:00pm in Health Care 12

    President Obama and his supporters have said that one of the major benefits of the Patient Protection and Affordable Care Act would be a drop in health insurance premiums. But a new Hewitt Associates study shows that insurance costs will continue to rise for 2011. The study projects an 8.8 percent average premium increase for employers, [...] More

  • President Barack Obama’s promise that “if you like it you can keep it” may be this generation’s “read my lips—no new taxes,” claim. New Centers for Medicare and Medicaid Administrator Dr. Donald Berwick recently said “Medicare Advantage remains strong and a robust option for millions of seniors who choose to enroll or stay in a [...] More

  • Side Effects: Doughnut Hole Deal Not so Sweet

    Posted September 28th, 2010 at 5:30pm in Health Care 8

    Currently 3.4 million Americans seniors covered by Medicare find themselves in a giant “doughnut hole,” but despite the tasty terminology, there’s nothing sweet about it. The doughnut hole refers to a gap in prescription drug coverage under Medicare Part D.  As David Hilzenrath explains, “…beneficiaries enter the coverage gap when their prescription tab hits $2,830, including [...] More

  • Side Effects: Fuzzy Math Won’t Bend the Health Care Cost Curve

    Posted September 16th, 2010 at 4:00pm in Health Care 3

    Obamacare will force health care spending to rise faster and higher over the next decade than if Congress had just left the nation’s health system unchanged.  That’s according to a recent report from the Office of the Actuary at the Center for Medicare and Medicaid Services. The report projects the new law will inflate national health [...] More

  • Lawmakers shoved through Obamacare on the promise that it would decrease the number of uninsured Americans. The new law does this by expanding Medicaid’s eligibility to cover an additional 16 million Americans by 2019, according to the Congressional Budget Office (CBO).  However, recent analysis from former CBO director Douglas Holtz-Eakin and American Action Forum analyst [...] More

  • Side Effects: Obamacare Widens Health Care Disparities

    Posted September 14th, 2010 at 1:00pm in Health Care 1

    In a recent op-ed in the Spanish media, President Barack Obama espoused the new health reform law would ensure that minorities like Latinos would have access to health care services through better coverage options. However, the President left out that the bulk of this “coverage” is pushing many Hispanic and African Americans into an inefficient program [...] More

  • Will more small businesses be able to offer their workers health coverage under Obamacare?  The legislation creates a tax credit to encourage just that.  But a new report from The Commonwealth Fund says it probably won’t help much. Though small firms eligible for some level of the tax credit employ approximately 16.6 million employees, the report [...] More

  • Side Effects: More Bad News for Those Who Like Their Current Coverage

    Posted September 9th, 2010 at 2:00pm in Health Care 11

    When House Speaker Nancy Pelosi (D-CA) said Americans would have to wait until Congress passed Obamacare to find out what was in it, she wasn’t kidding. Since the passage of the Patient Protection and Affordable Car Act nearly six months ago, Americans have been faced daily reality checks from the health care overhaul, and none [...] More

  • Side Effects: Obamacare Raises Your Premiums

    Posted September 8th, 2010 at 5:00pm in Health Care 9

    Health Insurers Plan Hikes. That’s the headline of today’s Wall Street Journal story which reports: “Health insurers say they plan to raise premiums for some Americans as a direct result of the health overhaul in coming weeks, complicating Democrats’ efforts to trumpet their signature achievement before the midterm elections. Aetna Inc., some BlueCross BlueShield plans [...] More

  • Obamacare requires insurers to meet a federally-specified medical loss ratio.  That is, they must spend a certain percentage of premiums on medical expenses.  The remainder can be used to cover administrative costs and, if there’s anything left, profits.  But if insurers don’t shell out enough in medical losses to meet the requirement, they’ll have to [...] More

  • Health care isn’t something most students worry about. Government stats show about 80 percent of college students are covered under a parents’ plan. For them, Obamacare may mean they can keep the insurance they already have for a few years beyond college, but it won’t affect the coverage they carry during school. But what about kids [...] More

  • Side Effects: What Obamacare and the Death Star have in Common

    Posted August 20th, 2010 at 11:00am in Health Care 12

    So far, 21 states have filed lawsuits challenging the constitutionality of Obamacare.  As they move forward, it’s worth pondering what would happen to the health care overhaul if they succeed. Could one lawsuit be the proton torpedo that blows up the Obamacare Death Star? Typically, courts can deem a legislative provision unconstitutional without it spelling doom [...] More

  • Side Effects: Obamacare Puts States Between a Rock and a Hard Place

    Posted August 17th, 2010 at 3:00pm in Health Care 2

    Obamacare creates a host of new federal requirements billed as consumer protections.  But enacting these policies falls not on the feds, but on the states. Some of these provisions were among the more popular components of Obamacare: guaranteed issue for children; letting individuals remain on their parents’ health plan up to age 26; requiring insurers to [...] More

  • Side Effects: Obamacare Spreads the Wealth by Cutting Medicare

    Posted August 6th, 2010 at 11:30am in Health Care 1

    Is Granny “disposable”? Some seniors may get that impression once Obamacare kicks in. As noted in a recent Wall Street Journal article, the new law cuts $200 billion from Medicare Advantage, a public-private “hybrid” of Medicare.  As a result, more than 11 million seniors will likely see their Medicare Advantage premiums rise significantly or their benefits [...] More

  • The effects of Obamacare are getting weirder with each passing month. Now, new requirements created by the law are causing some insurers to consider no longer offering “child-only” policies to avoid having to raise rates. Most children are covered by parents’ employer-provided insurance or by government programs. But some parents buy individual health insurance coverage just [...] More

  • Side Effects: Small Businesses Won’t Find a Friend in Obamacare

    Posted July 30th, 2010 at 10:00am in Health Care 8

    One of the promises of Obamacare was that it would give folks working in small businesses access to affordable care. Unfortunately, like so much else in the law, it doesn’t look like that’s going to work very well. To solve the problems small firms have with finding affordable health coverage, Obamacare created a small-business tax credit.  But [...] More