Obamacare Costs After

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Quick Reference Guide on the PPACA

http://www.nfib.com/Portals/0/PDF/AllUsers/research/cribsheets/healthcare-law-guide-cribsheets.pdf

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“The report… concludes [Obamacare’s Medicaid] cost to states is greater than previously thought…”

http://news.yahoo.com/medicaid-report-finds-health-reform-law-insurer-fee-141120881.html

[By whom, though, Obamacare’s authors and supporers?]

[Oh, my bad. That report was commissioned by Obama’s own Department of Health and Human Services (which oversees Medicaid).]

[Well then it had to be a mistake! We were promised just the opposite.]

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“President Obama’s national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law.”

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/cbo-obamacare-cost-176-trillion-over-10-yrs/425831

[I’m simply stunned.]

[Aren’t you stunned?]

Update:

Obamacare Now Estimated to Cost $2.6 Trillion in First Decade

http://www.weeklystandard.com/blogs/obamacare-now-estimated-cost-26-trillion-first-decade_648413.html

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IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family

http://cnsnews.com/news/article/irs-cheapest-obamacare-plan-will-be-20000-family

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Why Obamacare’s Health Care Cost Controls Won’t Work

http://reason.com/archives/2012/12/13/why-obamacares-health-care-cost-controls

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Premiums:

“Massachusetts Institute of Technology economist Jonathan Gruber, who also devised former Massachusetts Gov. Mitt Romney’s statewide health care reforms, is backtracking on an analysis he provided the White House in support of the 2010 Affordable Care Act, informing officials in three states that the price of insurance premiums will dramatically increase under the reforms.“

http://dailycaller.com/2012/02/11/obamacare-architect-expect-steep-increase-in-health-care-premiums/#ixzz1m6avxxDk

and…

Study: Healthcare law’s insurance tax will raise premium costs

http://thehill.com/blogs/healthwatch/taxes-and-fees/271223-study-insurance-tax-will-raise-premium-costs-?tmpl=component&print=1&page =

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CBO: ObamaCare-Like Programs Don’t Save Money or Reduce Costs

http://cnsnews.com/news/article/cbo-obamacare-programs-don-t-save-money-or-reduce-costs

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Health ‘reform’ has sent costs soaring

http://www.nypost.com/f/print/news/opinion/opedcolumnists/health_reform_has_sent_costs_soaring_bhDoyaRVt7oo2JjEzs8b

and…

Sebelius: Yep, ObamaCare is raising insurance costs

http://www.humanevents.com/2013/03/27/hhs-secretary-finally-admits-obamacare-is-raising-insurance-costs/

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“Medical costs for enrollees in [Obamacare’s] high-risk insurance pools are expected to more than double initial predictions, the Obama administration said Thursday…”

http://www.washingtonpost.com/national/health-science/per-person-cost-of-federal-high-risk-medical-plan-doubles/2012/02/23/gIQAX3xVWR_print.html

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Why Planned Cost-Saving Measures Will Reduce Your Healthcare Options

http://www.american.com/archive/2012/march/white-coats-and-straightjackets-why-proposed-cost-saving-measures-will-reduce-your-healthcare-options

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The Unaffordable Care Act

http://www.nationalreview.com/blogs/print/293612

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“Private health insurance will become increasingly unaffordable to low-to-middle–income Americans unless major changes are made in the US health care system.“

http://www.annfammed.org/content/10/2/156.full.pdf+html

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“The study casts doubt on a central premise of [Obamacare’s] effort to rework the financial incentives for hospitals with the aim of saving money while improving patient care.”

http://www.kaiserhealthnews.org/Stories/2012/March/28/nejm-study-hospital-quality-and-death-rates.aspx

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“Senate Republican staffers continue to look though the 2010 health care reform law to see what’s in it, and their latest discovery is a massive $17 trillion funding gap.“

http://dailycaller.com/2012/03/30/another-17-trillion-surprise-found-in-obamacare/

[In case you missed that, the newly-discovered funding deficit wasn’t $17 million or even billion, it was $17 TRILLION, which, for those who don’t know (including those who voted for Obamacare), is $17 THOUSAND BILLION .]

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THE FISCAL CONSEQUENCES OF THE AFFORDABLE CARE ACT

http://mercatus.org/sites/default/files/publication/The-Fiscal-Consequences-of-the-Affordable-Care-Act_1.pdf?utm_source=Newsletter&utm_medium=Email;utm_campaign=FHCP

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“It is bad enough the left can demonstrate such a profound ignorance regarding human nature and economics. Yet what is far more unsettling is the premise on which such ignorance rests: in short, the American left apparently believes that the essence of free-market capitalism, namely ‘incentive,’ is interchangeable with the essence of socialist-driven, redistributionist impulses, namely ‘coercion.’”

http://frontpagemag.com/2012/arnold-ahlert/business-rejects-obamacare/print/

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It’s A Tax (Supreme Court, 2012):

Obamacare’s $4 TRILLION Tax Increase

http://jec.senate.gov/republicans/public/index.cfm?utm_source=Newsletter&utm_medium=Email;utm_campaign=FHCP&p=Studies&ContentRecord_id=c35381b7-0876-4c45-8db5-443ead0ee882&ContentType_id=6ef5e4f8-e031-47b7-876c-607548c5dceb&e9209dd0-4f28-4f0e-9d97-d92ee31dbd8a&93fa2829-adbd-400a-933b-c99f81d9ad75&72ef4ce9-1fb5-4

and…

“President Obama’s [health care] premium tax has four major implications..“

http://americanactionforum.org/sites/default/files/Premium_Tax_Fairness.pdf

and…

“[Liberal] Fact-checkers are at it again. They are calling it a myth that ObamaCare is the biggest tax increase in history. But let’s see how these great fact-checkers work.”

http://www.americanthinker.com/2012/07/the_vast_left-wing_wonk_machine.html

and…

“… the following graph, of the [Obamcare] taxes that will kick in, speaks for itself.”

http://www.americanthinker.com/blog/2012/07/lies_my_president_told_me.html

and…

CBO to employers: Obamacare has $4B more in taxes than expected

http://washingtonexaminer.com/cbo-to-employers-obamacare-has-4b-more-in-taxes-than-expected/article/2503013

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Post-Supreme Court Decision:

Insurance industry warns of higher rates, as ObamaCare supporters see long-term fix

http://www.foxnews.com/politics/2012/06/28/health-care-law-and-insurance-rates/

and…

California small business owner: Health care ruling means outsourcing jobs, layoffs

http://www.washingtonpost.com/business/on-small-business/california-small-business-owner-health-care-ruling-means-outsoucring-jobs-layoffs/2012/06/28/gJQAlSsS9V_print.html

[Like Shrek, ASND thinks, “That explains a lot.”]

and…

“The Supreme Court decided to treat the individual mandate as a tax instead of a penalty, partly on the basis that the mandate would not impose an ‘exceedingly heavy burden’… [But] Low-income families would be hit the hardest, as the tax would be as high as 10 percent of income.“

http://taxfoundation.org/article/taxing-uninsured-latest-estimates

and…

Full List of Obamacare Tax Hikes: Listed by Size of Tax Hike

http://www.atr.org/full-list-obamacare-tax-hikes-listed-a7010

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Obamacare’s CO-OPs Put Taxpayer Dollars at Risk for No Good Reason

http://blog.heritage.org/2012/05/16/side-effects-obamacares-co-ops-put-taxpayer-dollars-at-risk-for-no-good-reason/print/

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“… the current system of linking star ratings to bonus payments and rebate adjustments instituted by [Obamacare] (and expanded by the CMS Quality Bonus Payment Demonstration) fails to achieve that goal, and depending on its specific implementation, may even be counterproductive.“

http://americanactionforum.org/sites/default/files/Medicare%20Star%20Ratings%20Detaching%20Pay%20from%20Performance.pdf

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“Curtis Johnson got the shock of his life yesterday when he opened a letter from Clearwater Christian College and discovered that his student health insurance fee was going to more than double – thanks to President Obama’s healthcare reform law.“

http://radio.foxnews.com/toddstarnes/top-stories/christian-college-says-obamacare-will-double-insurance-costs.html

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New Study Shows Obamacare’s Huge Additions to Federal Deficit

http://blog.heritage.org/2012/04/10/new-study-shows-obamacares-huge-additions-to-federal-deficit/

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“There’s no question that the (Affordable Care) Act has, to this date, bent the health insurance cost curve north, not south, and the forecast in that regard is growing darker.“

http://cnsnews.com/news/article/obamacare-has-bent-insurance-cost-curve-north-not-south-insurance-executive-tells-house

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Health Care Plan Rebates Have Hidden Costs

http://www.rollcall.com/issues/57_138/Conover_Ellig_Health_Care_Plan_Rebates_Have_Hidden_Costs-214663-1.html?zkPrintable=true

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“Some colleges are dropping student health-insurance plans for the coming academic year and others are telling students to expect sharp premium increases because of a provision in [Obamacare] requiring plans to beef up coverage.“

http://online.wsj.com/article/SB10001424052702303506404577444410947791758.html

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OBAMACARE’S TAX ON MEDICAL DEVICES:

Cuts R&D by $2 Billion a Year

http://www.pacificresearch.org/docLib/20120522_HPPMay.2012_F.pdf

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“Healthcare costs started to plateau well before Obamacare began taking effect. And the trend closely tracked the spread of consumer-directed health plans — high-deductible, patient-centric coverage options that give people control over their healthcare dollars and provide a direct financial incentive to conserve care and spend responsibly. Unfortunately, Obamacare targets these cost-deflating health plans for extermination.“

http://www.forbes.com/sites/sallypipes/2012/05/28/how-high-deductible-plans-lead-to-low-healthcare-spending/

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“A forecast released Tuesday said the growth rate for U.S. health spending of all types would stay historically low the next two years. But it would increase if most of the federal health-care overhaul takes effect in 2014. After that, the rate would drop, but spending still would grow at a higher rate than that of the past few years…“

http://online.wsj.com/article/SB10001424052702303768104577462731719000346.html?mod=WSJ__MIDDLENexttoWhatsNewsForth

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“For 2011 through 2021, national health spending is projected to grow at an average rate of 5.7 percent annually, which would be 0.9 percentage point faster than the expected annual increase in the gross domestic product during this period.“

http://content.healthaffairs.org/content/early/2012/06/11/hlthaff.2012.0404

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GAO: IRS to Spend $881 Million in Implementing Obamacare Over Just Four Years

http://cnsnews.com/news/article/gao-irs-spend-881-million-implementing-obamacare-over-just-four-years

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CBO: Obamacare Will Spend More, Tax More, and Reduce the Deficit Less Than We Previously Thought

http://www.forbes.com/sites/aroy/2012/07/27/cbo-obamacare-will-spend-more-tax-more-and-reduce-the-deficit-less-than-we-previously-thought/print/

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“The result [of Obamacare’s ACOs] is a top-heavy regulatory system in which administrators in government and the ACOs could soak up health care dollars without improving patient outcomes or reducing overall health care costs.”

http://www.ncpa.org/pdfs/ba769.pdf

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Ambiguity in Health Law Could Make Family Coverage Too Costly for Many

http://www.nytimes.com/2012/08/12/us/ambiguity-in-health-law-could-make-family-coverage-too-costly.html?_r=2&pagewanted=all&pagewanted=print

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“… defenders of ObamaCare… tr[y] to create the impression that the law has set in motion other changes to improve the efficiency of American medical care. This is nothing more than wishful thinking, with zero evidence to support it. For instance, [they] point… to the new office in HHS that is charged with testing out new cost-savings ideas in Medicare. But CBO has already issued a report documenting that years and years of previous efforts by the bureaucracy to engineer more cost-effective health care failed to produce any significant savings. Accordingly, CBO assigned almost no cost savings to the provisions in ObamaCare that [Obamacare defenders] suggests hold so much hope for slowing down escalation.”

http://economics21.org/commentary/health-care-costs-and-obamacare

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“The first impact of ObamaCare on the economy is its ever rising price tag. As recently reported at The Blaze, the revised cost estimates for the first full 10 years of ObamaCare is now $2.6 trillion, almost three times the $900B President Obama had promised it would cost. This soaring cost, however, is only what government will be spending, not the additional costs of compliance borne by the private sector. The second economic impact of ObamaCare is all the taxes that will need to be raised to pay for this rising cost… But it’s not only businesses and the investor class that will pay ObamaCare’s new taxes; the middle class will also get hit. The third impact on the economy from ObamaCare is regulation. At Fox News, Jim Angle reports that bureaucrats have already written 13,000 pages of new regulations, and they’re just getting started….”

http://www.americanthinker.com/blog/2012/08/the_impact_of_obamacare_on_the_economy.html

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“A week after small businesses warned that Obamacare taxes will eat up to half of their profits, a new government report reveals that simply complying with the new tax rules in the health care act will cost American families and businesses nearly 80 million hours — essentially a whole new tax.”

http://washingtonexaminer.com/80-million-hours-needed-to-tackle-obamacare-tax-rules/article/2508316#.UFjmKlH4JCS

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“Nearly 6 million Americans — significantly more than first estimated — will face a tax penalty under President Barack Obama’s health overhaul for not getting insurance…”

http://www.google.com/hostednews/ap/article/ALeqM5jmIII4FgDvIW-bij_fdHF4v0Whbw?docId=48328c71af0241c39aef95fda77612f7

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Businesses Rate Health Care Costs Their Most ‘Critical’ Problem, 56% Call Obamacare ‘Major Challenge’

http://cnsnews.com/blog/craig-bannister/businesses-rate-health-care-costs-their-most-critical-problem-56-call-obamacare

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State-by-State Regulatory Impacts of [Obamacare]

http://americanactionforum.org/sites/default/files/ACA_regs.pdf

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The Growing Budget Cost of Insurance Subsidies in [Obamacare]

http://americanactionforum.org/sites/default/files/AAF_Growing%20Cost%20of%20ACA%20Subsidies_Revised_2012.pdf

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Pennsylvania College Cuts Teachers Hours To Avoid Obamacare Costs