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One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Wednesday, September 25, 2013

Obamacare: Senate Dems Face Choice And Realty of Triple Digit Premium Hikes

The Washington Times: "Today, White House spokesman Jay Carney said "that insurance premiums under Obamacare at least will be more appealing for consumers than a wormy apple. The nauseating analogy came as the administration released cost projections for the government-subsidized health insurance program that is set to start on Tuesday, in the midst of a furious sales job by President Obama. . . .

"The report by the Department of Health and Human Services . . . sparked an immediate debate over the accuracy and value of the administration’s cost projections. The report said premiums are coming in lower than expected in the 36 states where the federal government will run part or all of the health insurance “exchanges.” . . .

"But the administration didn’t mention that Obamacare premiums in many cases will be higher than what consumers are currently paying for their health plans."

Below, we present the real cost to taxpayers that the Democrats are forcing on Americans. Spokesman Don Stewart for Senate Republican leader Mitch McConnell said, "premiums that are 'lower than projected' are not the same as 'lower than they are now.'"

With People Losing Jobs & Paying More Because Of Obamacare, Will Any Senate Dems Vote To Help Them Out?

Report: Admin Data Reveals Triple Digit Premium Hikes
“Young consumers in many states will be offered rates … significantly higher than they may be used to seeing… Compare insurance premiums for the lowest-cost ‘bronze’ plan for a 27-year-old single person with the current lowest-cost option for a man in a metro area…” (“Prices Set for New Health-Care Exchanges,” The Wall Street Journal, 9/25/13)
NEW MEXICO: ‘a huge spike in their premium costs … 130 percent’ “A national study of the Affordable Care Act shows people in New Mexico who buy health insurance on their own could face a huge spike in their premium costs. … The study says that New Mexico, at 130 percent, will see the steepest rate hike, followed by Vermont (97 percent), South Dakota (83 percent) and Connecticut (50 percent).” (“Study Says NM Will See Highest Increase Under Obamacare: 130 Percent,” Fox News, 9/5/13)

WISCONSIN: Premiums increase up to 124.85 percent “The chart below compares the cost increases for a $2,000 deductible that included drug coverage in the individual insurance market. We examined plans for a 21-year-old, a 40-year-old, and a 63-year-old. … Percent Increase From Pre to Post 2014, Average Per Area: Age 21: Madison – 124.85; Age 40: 73.43; Age 63: 70.4.” (“Wisconsin Releases Information On Rate Filings,” Wisconsin Commissioner Of Insurance, 9/3/13)

“Based on a Manhattan Institute analysis of the HHS numbers, Obamacare will increase underlying insurance rates for younger men by an average of 97 to 99 percent, and for younger women by an average of 55 to 62 percent. Worst off is North Carolina, which will see individual-market rates triple for women, and quadruple for men.” (Avik Roy, “Double Down: Obamacare Will Increase Avg. Individual-Market Insurance Premiums…,” Forbes, 9/25/13)

Obamacare Hurting Big On A Local Level
LOUISIANA: ANCHOR: “Effective today 41 employees at the Schumacher Group in Lafayette have lost their jobs. According to a company letter the Patient Financial Management Services Division is being cut because of changes to healthcare law from Obamacare.” (KATC-LA, 9/3/13)

LOUISIANA: ANCHOR: “A family owned business in Ascension Parish laid off workers saying it’s because of the Affordable Care Act.” (WBRZ-LA, 8/30/13) ARKANSAS: ‘Little Rock-based Baptist Health System says it will lay off 170 workers across its statewide health care network … to address the challenges of health reform’ (“Baptist Health System Laying Off 170 As Hospitals Cope With Medicare Cuts,” Talk Business Arkansas, 7/16/13)

ARKANSAS: “Jim Medley… said his organization has taken the drastic step of reducing employee hours enough to fall under full-time status. ‘We currently have 500 employees, home health aides and drivers. Now all of them are working 28 hours a week maximum. The mandate is if they work 30 hours or more, you have to provide insurance,’ he said.” (“Obamacare Will Hit Bottom Line Say Business Owners,” The City Wire, 6/12/13)

ARKANSAS: Hours cut at Pulaski Tech because of ObamaCare. ANCHOR: “Beginning this fall, Pulaski Tech will limit the amount of courses professors are able to teach.  KARK 4’s Joceyln Tovar says this change in turn will limit the benefits available to them.”  … TOVAR: “Human resource officials for the college say that changes in benefits because of the ObamaCare law...” (KARK 4, 4/4/13)

NORTH CAROLINA: “Ruffer, who owns Five Guys franchises in North Carolina and Virginia, explained … he employs 147 people, 60 of whom work more than 30 hours per week, which is considered full-time under Obamacare. Ruffer said he will either have to fire or reduce the hours of 31 employees in order to avoid paying for their insurance.” (“Five Guys Owner Confirms That It May Cost More To Get ‘Fries With That’ With That Because Of Obamacare,” Red Alert Politics, 3/11/13)

NORTH CAROLINA: “Part-time and temporary workers in Henderson are going to feel the effects of the city’s compliance with the Affordable Care Act … part-time hours must be cut back from current levels.” (“Henderson Workers To Feel Impact From Obamacare,” The Daily Dispatch, 7/25/13)

NORTH CAROLINA: “North Carolina grocer Carlie C’s will look to cut hours for ome part-time employees and hire others to prevent cost increases that aren’t ‘feasible or sustainable’ due to the federal health care overhaul…” (“Cutting For Costs,” The Herald Sun, 5/28/13)

NORTH CAROLINA: “The Davie County Board of Education voted in early August to cut the hours of teacher assistants and reduce the number of days all assistants will work.” (“Some Employers Cutting Hours For Part-Time Workers To Avoid New Insurance Mandate,” The Courier-Tribune, 8/20/13)

NORTH CAROLINA: “Elizabeth Scott chose to step away from her adjunct professor job after 11 years of teaching at Forsyth Technical Community College because of the reduction in hours … ‘My decision to leave was based specifically on the drop in hours and classes,’ Scott said. ‘The lab hours were truly my only guaranteed teaching hours.’” (“Some Employers Cutting Hours For Part-Time Workers To Avoid New Insurance Mandate,” The Courier-Tribune, 8/20/13)

SOUTH DAKOTA: Anchor: “The owner of A&B Business says he, like a lot of other companies, will end up paying much more...” Dennis Aanenson: “You’ll just have to adjust accordingly and you’ll have to cut jobs, and you probably won’t hire as many people, and I think you’ll see a lot of that.” (KELO-SD, 8/30/13)


Tags: Obamacare, Triple Digit, Premium Hikes To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Posted by Bill Smith at 12:18 PM - Post Link

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