Posts tagged with: Presidency of Barack Obama

uncle sam life supportAmerica has been underwhelmed by Obamacare. Beyond the website glitches and stories of waiting for hours to sign up, we can start assessing the actual program.

An April 8 Rasmussen poll finds only 23 percent of Americans call Obamacare a “success,” and 64 percent believe it will be repealed. the White House is in a tough spot; the program was built with the understanding that young people would flock to it, eager to snap up inexpensive health care plans. These purchases would help pay for the less-healthy and older enrollees. Young people would be paying their premiums, but since they don’t get sick as often, that money would be used for those who are typically less healthy. Those signing up, though, are tending to be older and sicker than expected:

People who signed up early for insurance through the new marketplaces were more likely to be prescribed drugs to treat pain, depression and H.I.V. and were less likely to need contraceptives, according to a new study that provides a much-anticipated look at the population that signed up for coverage under the new health care law.

The health of those who enrolled in new coverage is being closely watched because many observers have questioned whether the new marketplaces would attract a large share of sick people, which could lead to higher premiums and ultimately doom the new law.

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The Sword of Damocles - artist Wencelas Hollar

The Sword of Damocles – artist Wencelas Hollar

Like the proverbial sword of Damocles, the Obamacare deadline looms. Today is the last day to sign up…sort of. I’ll explain that momentarily.

First, let’s look at the proverb mentioned above, lest there be any misunderstanding. As classics scholar Daniel Mendelsohn says, there is often confusion as to exactly what this allusion means.

The real point of the story is very clearly a moral parable. It’s not just, oh, something terrible is going to happen, but it’s about realizing that what looks like an enviable life, a life of wealth, a life of power, a life of luxury is, in fact, fraught with anxiety, terror and possibly death.

I cannot think of a more apt description of what is facing the Obama administration regarding health care. In the U.S. today, almost 49 million people are uninsured. The plan was, of course, to get all those folks insured under Obamacare. Yet, less than 2 percent of those eligible have enrolled. And today is the deadline to enroll. Sort of. You can start the enrollment process today, and the government will give you until next week to complete the process. Unless they extend the deadline again. Despite the “hard and fast” date of March 31, it has become clear to the White House that this simply isn’t going to work. (more…)

CVS-no-cigsThe CVS chain made an announcement a few weeks ago: they would no longer sell tobacco products at their stores. CVS President and CEO Larry Merlo said:

As the delivery of health care evolves with an emphasis on better health outcomes, reducing chronic disease and controlling costs, CVS Caremark is playing an expanded role through our 26,000 pharmacists and nurse practitioners. By removing tobacco products from our retail shelves, we will better serve our patients, clients and health care providers while positioning CVS Caremark for future growth as a health care company. Cigarettes and tobacco products have no place in a setting where health care is delivered. This is the right thing to do.

Merlo’s own father died of lung cancer, and Merlo felt that this was not only a business decision, but an ethical one. (more…)

Acton On The AirActon Institute Director of Research Samuel Gregg joins hosts John Hall and Kathy Emmons on It’s The Ride Home on Pittsburgh’s 101.5 FM WORD to discuss President Obama’s scheduled visit this week in Rome with Pope Francis. Gregg notes the differences in worldview between Francis and Obama, and contrasts the likely relationship between the current pope and president with the more well-known relationship between an earlier pope and president, John Paul II and Reagan. You can listen to the interview using the audio player below.

cpr uncle samThe Gateway Pundit gives us a list of “fun” facts about the economy. Of course, “fun” is used in an ironic way, which become clear when you look at just how dreary these facts are:

  • $1.8 Trillion: Cost Of ObamaCare’s Coverage Provisions From 2014 To 2023 (CBO, 7/30/13)
  • $1 Trillion: The Total Student Debt Held By Americans. (Josh Mitchell, “Student-Loan Debt Slows Recovery,” The Wall Street Journal’s Real Time Economics, 12/30/13)

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SickoAs of Jan. 1, 2014, Obamacare – or the Affordable Health Care Act – is now law. Harking back to Nancy Pelosi’s now infamous remark, “But we have to pass the bill so that you can find out what is in it away from the fog of the controversy,” we’ll now find out how it will work.

Given the incredibly rocky start, things don’t look good for the Health Care Act. One sign: documentary filmmaker Michael Moore (who usually loves all things Democratic) has said “Obamacare is awful.” In an op-ed in today’s New York Times, Moore gripes that Obamacare suffered from “clueless planning” and that it’s not affordable for many folks after all. (more…)

you-go-girl001Helen Alvare, law professor at George Mason University and co-founder of Women Speak For Themselves, writes in USA Today that Obamacare hurts women. Alvare says that the White House, while posing as the protector of “women and families,” in fact degrades women:

The White House stance assumes that women care far more about free access to contraceptives, or their sex lives, than about religious freedom, or allowing businesses to have a conscience. This view of women is degrading. It treats women as one-dimensional victims needing the protection of government-as-big-brother.

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CBS This Morning’s Charlie Rose and Sharyl Attkinsson report that a woman who once touted the Affordable Care Act as “NancyCare” is now forced to drop insurance for her eight employees, and let them fend for themselves on HealthCare.gov. It isn’t going well. In the report, White House spokesman Jay Carney tells reporters that, “This conversation doesn’t apply to you” when asked how the Affordable Care Act will affect small business owners like Nancy Clark.

As Charlie Rose says, “Another promise by the government isn’t holding up.”

Rate-map-3-27-40-67Forbes has just released its 49-state analysis of Obamacare and the cost of insurance premiums. The findings?

In the average state, Obamacare will increase underlying premiums by 41 percent. As we have long expected, the steepest hikes will be imposed on the healthy, the young, and the male. And Obamacare’s taxpayer-funded subsidies will primarily benefit those nearing retirement—people who, unlike the young, have had their whole lives to save for their health-care needs.

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Just like this poor couple trying to buy a bed, we are finding out that Obamacare is a gigantic debacle, but “otherwise perfectly all right.” It’s health care, done by Monty Python’s Flying Circus. Look at the facts: