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Thursday, May 6, 2010

ObamaCare walk/pushback

I'm going to try to keep this thread alive with all of the problems that we intuitively knew about, but are now finding out about for realz (in reverse order).

Uh oh ...... corporations thinking about dropping health insurance and just paying the penalty ... 'cause that's cheaper

And Kathleen Sebelius and the White House received a report from government actuaries, saying that Obamacare would cause premiums to go up across the board. They got it a week before the vote but didn't release it until a month after!

Uh oh ... Peter Orszag tells us what we knew all along. Obamacare will ration care.

Here we see doctors' opinions of ObamaCare - "If you voted for Obama, seek urologic care elsewhere." Don't guess he thinks much of it, huh?

And Democrats do believe in tort reform, just that they want to make it easier to sue Medicaid. Doctor shortage; care rationing? We'll just sue you if you do. Oh, and make it more expensive.

Unpossible! Yeah, when you make it illegal not to buy something, it gets more expensive. Pesky economic laws.

It also appears that ObamaCare doesn't cover children with pre-existing conditions. You'd think that either Dems hate kids, or Obama is clueless. Hard to choose.

And if you weren't aware, we're short on primary-care docs. So adding 40 million new patients shouldn't be a problem ..... we'll just pay the current doctors more. Oh, wait ......

Your premiums will go up, not down. Ron Williams of Aetna says that there "significant additional taxes the industry will ultimately have to pay in the first year." That's not what ObamaCare was touted to have happen.

New tax punishment for employers who provide prescription drug coverage. The change will throw more people onto Medicare's rolls, costing more money rather than saving. Caterpillar and John Deere have notified the SEC that they'll take charges of $265 million for this year ...... total estimated cost to employers? $14 billion. The link has a discussion on static accounting.

New calorie disclosure laws for restaurants with 20 or more locations. For chains with lots of locations (like MickeyD's and such), this will be a trivial thing. For those that aren't quite so big, maybe not so trivial. In the example in the link, Davanni's (who has 22 locations) will incur an estimated $200k cost to list their current menu, to say nothing of adding products. Now, do you think that Davanni's has 200 large lying around for just such an occurence, or is it more likely that they close their 3 poorest-performing locations?

Max Baucus says ObamaCare
will help correct the maldistibution of income. Wow, I hope they don't determine that my income was mal-distributed. Of course, we knew it all along.

One of the true believers admits "Hey, maybe we over-promised just a tad on this ObamaCare thing". Gee, ya think?

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