The IRS released a proposal March 2, 2013, to earn billions of dollars through annual fees on health insurers: $8 billion in 2014 and increasing every year afterward, passing $14 billion in 2018, according to the IRS. The fee sizes depend on an insurer’s net premiums.
The Obama administration will require health insurance companies to report all price increases, even small ones, to the federal government so officials can monitor the new “ObamaCare” health care law’s impact and insurers’ compliance with it.
“ObamaCare Survival Guide” has enjoyed four weeks on the New York Times Best Seller List as sales continue to surge, placing it at # 2 among advice and how-to paperbacks since its debut on the list on February 3, 2013. In addition to being an Amazon best-seller for over two months now, the book also occupies the #8 slot on Publisher’s Weekly top-ten trade paper list. It’s also moved up the charts of LA Times, NPR, KOBO, USA Today, and IndieBound lists. The guide has gained the endorsement of the medical community, as well.
Yale educated Dr. Andrew Kadar of Cedars-Sinai Medical Center says of the author, “Mr. Tate distills the details of this complex and comprehensive piece of legislation into bite-size and understandable elements.”
Anti-Obamacare House Republicans publicized a tweet from Democratic political strategist Donna Brazile reading: “What’s on your menu? Just got off the phone with my health care provider asking them to explain why my premium jumped up. No good answer!” The House Ways and Means Committee sent out an email with the tweet under the subject line: “Q: Why are your health insurance premiums higher? A: Obamacare”
Many industries and executives have benefited from the millions of dollars coming from the government to implement Obamacare. Millions of dollars were spent by the electronic medical records lobby. The Insurance Industry and Pharmaceutical Industry also spent millions to ensure that the cost of covering dependents under the age of 26, and those with pre-existing conditions, was offset by mandating coverage.
State governors and legislatures have long wished for more leeway in managing Medicaid. Now, with President Obama eager to see states expand their programs as part of his health law, governors are using that leverage. For example, in Florida, Republican Gov. Rick Scott announced he would accept an expansion of Medicaid, but only after he won waivers from the federal government to privatize the system through managed-care organizations.
Senator John J. Rockefeller (D-W.Va.) is interviewed about Obamacare and Medicaid expansion, the possibility of rate shock and why he is not concerned about getting Americans enrolled in health law programs.
Author H.J. Huneycut believes that the ACA (Obamacare) is the single most likely factor that could hamper US economic growth within the next 12 – 24 months. Part One of this series examined the direct taxes in the ACA. This article focuses on two bigger issues: stealth taxes and the healthcare cost-spiral. Huneycut believes that the stealth taxes in the act, combined with the direct taxes, could hit consumer spending and investment significantly, leading to lower-than-expected economic growth in 2014.
Author Twila Brase of the Citizen’s Council for Heatlh Freedom, using the “Minnesota Insurance Marketplace” as an example, claims that Obamacare exchanges are government agencies set up to impose Obamacare, not true marketplaces.
In Washington, D.C. and in state houses, the American Association of Nurse Practitioners (AANP) says it’s time to broaden the scope of medical practice laws to allow nurses to make a diagnosis or prescribe medication on their own, and the Affordable Care Act (Obamacare) strengthens their case.
“We’re about to add about 30 million people to our health insurance system and there needs to be someone available to see them,” says AANP President Angela Golden. “We’re uniquely positioned to do that.”