Tag Archives: Obamacare

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Ezra Klein on the costs of Obamacare: then and now

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Consider this article from Forbes about Obamacare and how it was presented by Ezra Klein, a well-known journalist from the left-leaning Washington Post. (H/T Bernie M.)

Excerpt:

The key thing to remember is that back when Obamacare was being debated in Congress, Democrats claimed that it was right-wing nonsense that premiums would go up under Obamacare. “What we know for sure,” Obamacare architect Jonathan Gruber told Ezra Klein in 2009, “is that [the bill] will lower the cost of buying non-group health insurance.” For sure.

In 2009, was Ezra saying that it’s ok that premiums will double for the average person, because a minority of people will pre-existing conditions will benefit? No.

Earlier that year, AHIP, the private insurer trade group, commissioned a report from Price Waterhouse Coopers to analyze the impact of Obamacare on health insurance premiums in the individual market. That report, which I reviewed here and elsewhere, found that the version of Obamacare then being considered by the Senate Finance Committee would increase premiums by 14 to 32 percent, depending on the year you looked at. In retrospect, the PwC report was a bit optimistic.

But Ezra described the PwC analysis as “the insurance industry’s deceptive report,” comparing it to sham research put out by the tobacco industry and Big Oil. Ezra did concede at the time that “buying better insurance will cost somewhat more,” because insurers would no longer be able “to sell a deceptive and insufficient product.”

But high-deductible, catastrophic insurance isn’t cheaper because it’s dishonest. It’s cheaper because it’s more efficiently designed. And it’s precisely that sort of efficiently-designed insurance that Obamacare abolishes.

I blogged about that study from Price Waterhouse Coopers before, too. In fact, I fully explained why specific provisions of Obamacare would necessarily raise health insurance premiums.

Before the 2012 election, I linked to an article from Investors Business Daily, which confirmed that premiums had indeed risen since the passage of Obamacare.

Excerpt:

During his first run for president, Barack Obama made one very specific promise to voters: He would cut health insurance premiums for families by $2,500, and do so in his first term.

But it turns out that family premiums have increased by more than $3,000 since Obama’s vow, according to the latest annual Kaiser Family Foundation employee health benefits survey.

Premiums for employer-provided family coverage rose $3,065 — 24% — from 2008 to 2012, the Kaiser survey found. Even if you start counting in 2009, premiums have climbed $2,370.

What’s more, premiums climbed faster in Obama’s four years than they did in the previous four under President Bush, the survey data show.

Despite these facts, the American people went along with the mainstream media and re-elected Obama for a second term in 2012, blocking any repeal of Obamacare.

I think that the American people need to realize that most journalists cannot be counted on to handle research and evidence accurately. Most of them probably never even completed a high school math or science course. They studied journalism. Journalism is not computer science. Journalism is not petroleum engineering. Journalism is not nursing. Journalism is an area where students are graded based on their ability to parrot what their leftist professors tell them to believe.  At best, left-wing journalists are not competent. At worst, they are outright liars. Study after study on media bias has confirmed that left-wing journalists cannot be trusted to report the news fairly. That is not my opinion, that’s a fact.

Unfortunately for us, our failure to fix our little Obama mistake in the 2012 election is going to cost us all dearly – especially young people.

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Weekly Standard podcast on Sebelius vs Hobby Lobby

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The Weekly Standard has a great podcast that covers fiscal, social and foreign policy issues from a conservative perspective.

Excerpt:

THE WEEKLY STANDARD podcast with the Becket Fund’s Adele Keim on the Hobby Lobby v. Sebelius case.

This podcast can be downloaded here. Subscribe to THE WEEKLY STANDARD’s iTunes podcast feed here.

THE WEEKLY STANDARD would like to thank The Becket Fund for Religious Liberty and Adele Keim for joining us.

Fox News has a report.

Excerpt:

In the most prominent challenge of its kind, Hobby Lobby Stores Inc. asked a federal appeals court Thursday for an exemption from part of the federal health care law that requires it to offer employees health coverage that includes access to the morning-after pill.

The Oklahoma City-based arts-and-crafts chain argued that businesses — not just the currently exempted religious groups — should be allowed to seek exception from that section of the health law if it violates their religious beliefs.

The arguments Thursday centered on the Green family, founders of Hobby Lobby Stores Inc. and a sister company, Christian booksellers Mardel Inc. An eight-judge panel peppered both sides with questions about whether the contraceptives mandate is an undue burden on the Greens’ religious belief.

The Greens contend that emergency contraception is tantamount to abortion because it can prevent a fertilized egg from implanting in the womb. They also object to providing coverage for certain kinds of intrauterine devices.

Hobby Lobby’s lawyer argued that the Greens shouldn’t face fines for not complying with mandatory contraceptive coverage simply because their business makes a profit. The stores are a “profit-making company, yes, but also a ministry,” Kyle Duncan argued.

Duncan cited the Citizens United campaign-finance decision that said corporations have constitutional protections.

“We don’t say, well, a corporation can’t exercise a right because it’s in corporate form,” Duncan said.

“Is religion the kind of right can only be exercised by a natural person? Well, the question nearly answers itself. … It’s not a purely personal right.”

In other news, voters support the repeal of Obamacare by a 22-point margin, which is increasing as more and more of the law is actually implemented. Too bad we did not vote to defeat Obama by a 22-point margin last November.

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New report on Obamacare claims that premiums will go up 100% to 400%

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From the Washington Examiner.

Excerpt:

Internal cost estimates from 17 of the nation’s largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration’s goal of affordability.

New regulations, policies, taxes, fees and mandates are the reason for the unexpected “rate shock,” according to the House Energy and Commerce Committee, which released a report Monday based on internal documents provided by the insurance companies. The 17 companies include Aetna, Blue Cross Blue Shield and Kaiser Foundation.

The report found that individuals will face “premium increases of nearly 100 percent on average, with potential highs eclipsing 400 percent. Meanwhile, small businesses can expect average premium increases in the small group market of up to 50 percent, with potential highs over 100 percent.”

[…]It concluded: “Despite promises that the law will lower costs, [Obamacare] will in fact cause the premiums of many Americans to spike substantially. The broken promises are numerous, and the empirical data reveal that many Americans, from recent college graduates to older adults, will not be able to afford the law’s higher costs.”

In other news, Congresswoman Michele Bachmann led the Republican-controlled House of Representatives to pass a bill to repeal Obamacare. However, the bill is not expected to pass in the Democrat-controlled Senate. Elections matter.