Hollywood Calls Out Obamacare
The second to the last paragraph is so telling ... yet, has anyone heard Hollywood call-out the devastation of Obamacare? Here it is: "“Long term issues also remain to be addressed: The excise tax in the Affordable Care Act is mischaracterized as a ‘Cadillac Tax,’ as if plans that provide an adequate benefit are a luxury. It would require plans like ours to pay a 40% tax on the value of the health insurance members receive over a certain value. What it would force plans to do is increase deductibles and co-pays to the point where they do not incur this tax. The supposed motivation of the tax is to force patients to think as consumers, which is both misguided and ill-founded. It is misguided because price comparison shopping is neither practical nor desirable for a sick and worried patient. It is ill-founded because the price information is not available to a patient seeking care. Cost management can be done by plans, but it won’t be achieved by forcing them to cut benefits to avoid a bankrupting tax." OUCH ... be careful what you wish for!