Monday, December 9, 2013

You have no credibility . . .period.


Raymond Russell of Sweeny says, "Eighty percent of the medically insured in the U.S. get their insurance through their employer or through government-run agencies such as Medicare, Medicaid or Veterans Administration. It is important to understand here that this 80 percent is not affected in any way by Obamacare, period."

If Raymond wants any credibility at all, he should have used different phrasing. I think Obama's, "If you like your insurance, you can keep your insurance, period" is still a little too fresh on our minds.

So let's just see how credible Raymond's statements are.

Employer provided plans: "In the years to come, some workers with employer-provided benefits will see their benefits scaled back because of an Obamacare tax. That portion of the law -- known as the 'Cadillac tax' -- isn't set to take effect until 2018, but it's already influencing the benefits packages that employers offer." Economists are also saying that when the employer mandate takes effect in 2015, we'll see cancellation notices going out from insurers to the employers just the same as we've seen for those who buy their own insurance.

Medicare: Under the ACA, higher-income Medicare beneficiaries pay more for prescription drug coverage under Medicare Part D.  According to the Congressional Budget Office (CBO), Obamacare will reduce Medicare reimbursements by $716 billion over 10 years. These cuts will hit Part A providers such as hospitals, nursing homes, skilled nursing facilities, and hospices, along with Medicare Advantage plans. The trustees predict that if Congress allows these cuts to go into effect, 15 percent of Medicare providers will go into the red by 2019, 25 percent by 2030, and 40 percent by 2050. Medicare “savings” are spent on other parts of Obamacare. Obamacare’s Medicare “savings” and increased Medicare payroll tax are often touted as increasing the solvency of the Part A trust fund, but that simply is not true. The money is counted as paying for new entitlement spending in Obamacare. This will absolutely impact seniors’ ability to access medical care.

Medicaid:  Expands Medicaid eligibility to even more deadbeats. Young adults with no handicaps and no children now qualify. They will get health care and pay nothing. Since they are paying nothing, the rest of us will be affected, because somebody has to pay for it.


 
http://www.cbsnews.com/8301-250_162-57611192/how-obamacare-will-change-employer-provided-insurance/

http://health.usnews.com/health-news/health-insurance/articles/2013/08/19/will-obamacare-affect-medicare-myths-and-facts

http://blog.heritage.org/2013/06/03/morning-bell-obamacares-negative-impact-on-seniors/

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