Thanks to Obamacare, Health Costs Soared This Year (subtitle: What do you mean there's no such thing as a free lunch??)

Posted by $ Your_Name_Goes_Here 10 years, 1 month ago to Government
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Let me see... we're going to "insure" 30 million more people while not increasing the number of healthcare professionals, all while reducing competition amongst the insurance companies. What could POSSIBLY go wrong?

But on a positive note, if you happen to become infected with Ebola I'm sure your local hospital will welcome you with open arms.
SOURCE URL: http://dailysignal.com/2014/10/13/thanks-to-obamacare-health-costs-soared-this-year/?utm_source=heritagefoundation&utm_medium=email&utm_campaign=dailydigest&mkt_tok=3RkMMJWWfF9wsRokuqzJZKXonjHpfsX56uwoXKG%2FlMI%2F0ER3fOvrPUfGjI4CTMZhI%2BSLDwEYGJlv6SgFQrLBMa1ozrgOWxU%3D


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  • Posted by sfdi1947 10 years, 1 month ago
    Ah Ha! I see it now, the Progressive Lie has been told again, and again, an amazing number of the herd of stupid humans believed it.
    Its just like the zero down, Adjustable Rate Mortgages featured in the Carter, Clinton, and G.W. Bush advertisements until the bottom fell out in 2006-7.
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  • Posted by $ allosaur 10 years, 1 month ago
    I know a struggling young man whose mother killed his father and tried to kill him. I gave him $50 so he could get his GED by taking the test. He passed on the first try and has it.
    He is currently struggling to afford gas money by working at a Subway way on the other side of Birmingham because a very close Walmart can only offer him a part-time job because of Obamacare.
    Harry Reid would call the above a "Republican lie."
    Sorry, I'm one of those Tea Party "terrorists."
    Got methane to pass? Let's hear it for the unaffordable Affordable Healthcare Act.
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  • Posted by dansail 10 years, 1 month ago
    In the late 30's/early 40's, insurance did not exist. When we needed to visit a doctor or go to a hospital, we did so, paying everything out of pocket. While this may seem daunting (almost shocking), the costs were relatively low, because malpractice insurance did not exist and doctors competed for business. Without malpractice insurance and health insurance, the costs were VERY low. Employers eventually started to offer paid-for health insurance to attract the right employees. So at that time the insurance industry was born.

    Obviously, medical science has leapt forward tremendously and people are living longer. Can you imagine what it would be like to actually go back to such a system in which healthcare was affordable to the point that out-of-pocket was not astronomical? Wouldn't that be much simpler?

    Today's system of compulsory purchasing of health insurance is a diametric opposite of what we were in the 30's/40's.
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    • Posted by $ jlc 10 years, 1 month ago
      Dansail - One of the things that people do not take into account is that, prior to the 1940's, doctors were not the miracle workers they are today. There was a limited amount of healing that a doctor could do: set a bone, lance a cyst, amputate a limb. The cost of going to the doctor reflected that.

      Now. Doctors can reprogram your genetics. Doctors can perform (or conduct) operations on the near-cellular level. Medicine can see through your body and into your metabolism in a half-dozen different ways. And the cost of this tremendous increase in the scope of medicine is reflected in the cost.

      Comparing pre-antibiotic, pre-medical-technologial medicine to our current abilities is like comparing a stick of dynamite to a Saturn rocket. And likewise the cost.

      Jan
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  • Posted by dbhalling 10 years, 1 month ago
    If you want to reduce the cost of health care you don't add more government. Here are some straight forward proposals to reduce the cost:

    1) Eliminate pain and suffering in med malpractice cases. Cap damages to say $500k
    2) Eliminate the FDA
    3) Eliminate the deduction for health care. Either make it a private deduction or just get rid of it.
    4) Declare all State limitations on what Insurance companies have to provide unconstitutional under the commerce clause.
    5) Block grant out medicare and medicaid and then phase them out.
    6) Eliminate the licensing requirements for doctors.

    Within two years of this the price of health care would drop 30-50%
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    • Posted by $ jlc 10 years, 1 month ago
      I would only add that when you eliminate the licensing requirement for doctors, you replace it with a requirement for transparency: the 'doctor' has to publish (as in 'in the waiting room') what his credentials actually are. Perhaps you can also limit the titles of "Dr" and "MD" and "DO" to certain credential levels. (While many health care tasks can be done well by people without MD level certs - as is shown in the military - you do want to know what you are getting into. Snake oil pseudo-doctors will be rife, and they will wear good suits.)

      Some sort of control is needed on the prescribing of n-th generation antibiotics. I wonder if a separate certification (one that is real difficult to pass) should be required in order to prescribe antibiotics. (I suspect that many MD's would not pass.) While I am not quivering in terror over the current Ebola problem, I am aware that we are growing our own antibiotic-resistant plague in the crockpot of the world.

      Jan
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      • Posted by dbhalling 10 years, 1 month ago
        Jan, I disagree about antibiotics. The argument for antibiotics is that bacteria evolves and that rationing will slow down this process. Note this will not stop evolution and therefore is not a solution. Our goal should not be to ration antibiotics, which leads to people who need these drugs being denied them and pushes up the cost. The goal should be to invent faster than the bacteria can evolve. The FDA has shot down a number of promising antibiotics and the cost and time it takes to get through the FDA is why we are not out inventing bacteria's ability to evolve.

        I disagree about credentials. The free market will provide these sort of solutions for those who care. Getting the government involved will only cause problems. We buy many things that are as complex or more complex than medical care everyday without have government credentials or oversight.
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        • Posted by $ jlc 10 years, 1 month ago
          You may be correct about the credentials. I could see a universe where the doctor advertises that he is an "AMA MD"... or does not! It would make it an easier transition from our current system if transparency of your credentials (or lack thereof) were a requirement for medical providers.

          Antibiotic resistance follows the rules of all evolution. If you are prescribed 2 weeks worth of an antibiotic but only take it for 10 days (because now you are all better) then you have probably created a population of bacteria which are the 2% not yet dead which are 'more resistant' to that antibiotic than your original infection was. This process, repeated over the years, results in resistant populations. The availability of penicillin (military and black market) in Vietnam to combat GC infections is what resulted in most GC now being immune to the use of penicillin.

          I agree that we need to continue to pour on the gas to create more antibiotics (and other remedies for infections) but I do think there needs to be a locked safe where the really big good stuff is kept. Because in a world where MRSA and ESBL have no counter measures...we are back in the 1930's again.

          Jan, who has just been discussing our WHONet export with a doctor in Ghana.
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          • Posted by dbhalling 10 years, 1 month ago
            But Jan, locking up the antibiotics does not stop the process. It is not a solution, we will end up back in the 1930s unless we invent. The answer is inventing, not rationing.

            In today's world we should be able to sequence the bacteria in a couple of days and then create a well targeted antibiotic. But the FDA would not allow this and the Supreme Court has said you cannot have a property right in this sort of invention, so no one is going to invest in this.
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            • Posted by $ jlc 10 years, 1 month ago
              Limiting access to the newest, strongest antibiotics is how this has successfully been combated.

              How often have you gone to the doctor with a 'sore throat' and have been given a prescription for an antibiotic to take away with you? In only a few cases (Beta Strep) does the doctor actually know what is wrong with you (virus vs bacterium) at that point. (And even then, he does not know what antibiotic the organism is susceptible to - he guesses.) In many cases, you have a virus - against which the antibiotic does no good (though it will stop a secondary infection; this is not considered good medical practice without extenuating circumstances).

              The high potency, newer, antibiotics are not available to these doctors to prescribe. So although the bacteria are becoming resistant to the everyday antibiotics, we still have something locked away to use against the really bad cases.

              You CAN patent an antibiotic; you cannot patent a gene. (I was personally in favor of a limited time patent on a gene, just to encourage bioresearch.). I think you are correct long term, but I also think that until new remedies (which will probably not be antibiotics at all) are in the pipeline we really really need to keep our big antibiotic guns in a place where they can jump out and yell "Surprize! Blam!" at the MRSA they are targeting.

              Jan
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              • Posted by dbhalling 10 years, 1 month ago
                Jan, Research is not encouraged by eliminating property rights. Of course you can get a patent on an antibiotic and gene if it is made by a human.

                Limiting antibiotics does not work, cannot work because of evolution and is the same sort of thinking that results in suggesting we need to conserve oil or use "renewable" energy.
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  • Posted by Wifezilla 10 years, 1 month ago
    Obamacare is just a pathetic attempt to avoid reality and math. It wont work any more than going out to dinner with 10 friends, having everyone pitch in $5 and then ordering a lobster dinner will work.
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  • Posted by $ AJAshinoff 10 years, 1 month ago
    TRUE STORY:

    I wen't to have a biometric exam to satisfy our health care coverage through my wifes hospital ($900 bump into our health savings account). After typical BMI measurement (BS), weight, and height the woman told me that ALL of my tests from the previous year looked perfectly fine and that I was above my ideal BMI, aka I'm fat (my words).

    Now, I could have saved everyone a lot of time and money (test, exams, etc) and just told them I was healthy but fat - but what do I know, I just won this body.

    You want to understand why costs are soaring - this is a great example.
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  • Posted by Temlakos 10 years, 1 month ago
    I joined a vast but still private association that agrees to share expenses, while also coaching one another about how not to stay at high risk for the development of chronic illness. I already know how much money I will save, even beyond what I was paying already.
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    • Posted by $ 10 years, 1 month ago
      Can you tell us more?
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      • Posted by Temlakos 10 years, 1 month ago
        It's called Christian Care Ministries. It's one of several faith-based expense-sharing organizations that may exist under a little-known provision of the Affordable Care Act. As long as they "share" expenses for the kinds of things a standard ACA-compliant insurance policy covers, they may operate.

        Of course what they do, which insurers never do, is advise people on how to avoid certain kinds of expenses to begin with.
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  • Posted by CircuitGuy 10 years, 1 month ago
    "we're going to "insure" 30 million more people while not increasing the number of healthcare professionals, all while reducing competition amongst the insurance companies. "
    Yes! And I agree with the scare quotes on "insure" since most of these people are people for whom the peril has already occurred. Most of the people who didn't have insurance before and are now buying "insurance" will have the most costly risk profile. I actually think the _idea_ of spreading risk in this way makes sense, but it's foolish for anyone to think it will come cheap. When my wife and I last did underwriting they took blood and went over literally every occasion when I had thrown my back out. They told me how much I would save if I lost a few pounds. I have always been healthy though-- good cholesterol and other vitals.. I knew my premiums would double if I were in the same risk pool with people who were sick. Indeed they would have doubled if I hadn't found a way to stay on the underwritten plan. I'm okay with them doubling, though, b/c the point of insurance is to spread risk, and it seems inefficient to put me in a lower risk pool just b/c I was healthy when I did underwriting and to penalize someone who got sick before they had a chance. This will be even more true when simple tests can predict future diseases; at that point "insuring" against non-acquired non-accident sickness will be impossible. I don't have all the answers, but I knew from the outset insuring 30 million people, most of whom had a history of illness, would NOT be cheap.
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    • Posted by $ 10 years, 1 month ago
      I can't say that I am a fan of insurance companies, but we need to look at what insurance is...it is legalized gambling on the part of the insurance company. The insurance company is betting on you, while you are making the other bet. If the odds are stacked against the insurance company, what motivation do they have beyond the altruistic "doing good for all of man" (as they go out of business)? Like any other company, insurance companies have a fiduciary responsibility to make a profit for their shareholders. When that motivation is legislatively stopped, it ceases to be an insurance company and can only survive as a clearinghouse for federal subsidies.

      The way "insurance" works today under Obamacare would be analogous to not having automobile insurance until you have an accident. Then you sign up for insurance and have your car repaired. Makes no sense, does it?

      The long and short of it is that we don't really have insurance under Obamacare. What we really have is more of the same: income redistribution.
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      • Posted by Technocracy 10 years, 1 month ago
        Have to make one point in my agreement with you YNGH, and that is this.

        Since Obamacare it is no longer legalized gambling it is now most definitely legalized extortion
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        • Posted by $ 10 years, 1 month ago
          Bravo! :)
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          • Posted by $ Susanne 10 years, 1 month ago
            But at least in *real* gambling, you have the choice whether to place the bet or not. If you decide the risk outweighs the possible gain... you can walk away from the table. No one is holding a gun to your head and telling you to put your chips on the pretty green table... NOW.

            Obitemeacare (and other legally "mandatory" insurance schemes ) take away that free choice and put the gun to your head... saying, in essence, we don't care if it's a bad bet, or you know you'll lose - you're still gonna make that bet.

            Insurance - in the right circumstances - aren't a bad deal. And as an investment, as long as it's managed correctly, will make a healthy profit. But mandated and regulated by the government, it becomes just another Looter Vehicle to separate you from your hard earned cash, and hand it over to said looter that bought into the house side of the table. Why do you think some insurance companies "donate" office space to their state insurance commissioners?

            My dad, and both stepmoms, worked in the industry, and would sing its praises... hiding the reality of what it is. Seeing the truth behind it, I am *not* a fan of the industry.
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      • Posted by CircuitGuy 10 years, 1 month ago
        I agree with all of this including this good line:
        "The way "insurance" works today under Obamacare would be analogous to not having automobile insurance until you have an accident."
        Health problems, though, are increasingly more predictable than auto-accidents. I think the model of insuring against health problems was close to falling apart. Many people had "insurance" thought an employer where maybe they didn't even want to work anymore but it was under a plan sponsored by that employer that they got their cancer diagnosis and became ineligible for insurance (as the peril had already occurred).
        People were rightly trying to pay companies to bear the risk of an expensive health problem, but it wasn't working that well. Sometimes it was someone with a congenital health problem or someone on a group plan when he got sick, but often it was just people who didn't want to pay for insurance until _after_ the peril occurred.

        I also like the line that absent a profit motive, "insurance company and can only survive as a clearinghouse for federal subsidies." It does seem like they only exist under the new system b/c they were a strong lobby.

        I believe all this was coming anyway because of genetic testing. The very model of insurance was breaking down. Spreading the risk was starting already to look like socializing the risk of being born with bad genes.
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        • Posted by $ 10 years, 1 month ago
          One of the proposals along the way has been to allow insurance portability, in order for a person to be able to choose whether a new policy was better than the old... Alas, this did not fit into the Obamacare "one size fits all" approach of centralized governmental regulation of our healthcare. <sigh>
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  • Posted by UncommonSense 10 years, 1 month ago
    My employer has informed insurance premiums have gone up a total of 65% since Establishment Care got passed.
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    • Posted by CircuitGuy 10 years, 1 month ago
      "My employer has informed insurance premiums have gone up a total of 65% since Establishment Care got passed. "
      My were going to double last year. I managed to stay on the a non-compliant plan for this year. My agent said they'd be doubling next year. But they changed the rules, now, so I only need to go on a partially compliant plan next year, resulting in a 25% increase, not 100%. It's such nonsense.

      Most people want insurance rules that allow people who are already sick to get "insurance" coverage, but those same people indignantly want it to be free.
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  • Posted by jimslag 10 years, 1 month ago
    My guesstimate is that the 30 million or so that were uninsured were that way for a reason. The only reason I have insurance is because my wife at the time had some medical issues that needed to be taken care of. That and I had retired from the military and they offered a good plan. So, even after that and the divorce I kept the insurance as it was better than what my employer offered. Otherwise, it has been several years since I have been to the doctor and see no reason to go anytime soon. I will probably be out of the country before I need anything from a medical practitioner and then American insurance is out the window.
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    • Posted by $ jlc 10 years, 1 month ago
      Jimslag - If you are outside of the US, you are in an exception zone for Obamacare. You can then _actually_ keep your current insurance. (I was thinking about this. Pity that Mexico is so 'not the place to go' right now.)

      Jan
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      • Posted by jimslag 10 years, 1 month ago
        I am still in the US for now. I am in New Mexico, not Mexico. My parents moved to Belize in February this year and are enjoying the lifestyle down there. I will probably head that way in about 2-3 years but am trying to attain debt free status first.
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