Tuesday, September 17, 2013

While we were away....

Our little min-blogging vacation over the weekend did not stop the bad news from rolling in with respect to the “new” federal healthcare law aka ObamaCare that will kick in starting October 1st.

First, the law continues to poll badly even while having many of the favorable benefits of the law front-loaded.

This unpopularity and the um, uneven, roll-out of the law, however is somehow the fault of the GOP.

Doctor rationing to begin in California:

The doctor can't see you now.

Consumers may hear that a lot more often after getting health insurance under President Obama's Affordable Care Act.
To hold down premiums, major insurers in California have sharply limited the number of doctors and hospitals available to patients in the state's new health insurance market opening Oct. 1.
New data reveal the extent of those cuts in California, a crucial test bed for the federal healthcare law.

Healthcare Company to Lay Off Over 100 Because of Obamacare:

A Georgia health care company will lay off over 100 employees due in part to Obamacare, according to a WSB-TV report:

"We have confirmed more than 100 Emory health care employees are going to lose their jobs in part because of the Affordable (health) Care Act," said a local anchor.

"I think it's bad it's affordable health care and people are losing their jobs," said a man interviewed by the reporter.

"It's sad. It really is," said another man. "A lot of people are going to lose their homes and cars and everything they worked all their life for."

Progressive darling Trader Joe’s to eliminate health care plans for part-time employees:

After extending health care coverage to many of its part-time employees for years, Trader Joe’s has told workers who log fewer than 30 hours a week that they will need to find insurance on the Obamacare exchanges next year, according to a confidential memo from the grocer’s chief executive.

In the memo to staff dated Aug. 30, Trader Joe’s CEO Dan Bane said the company will cut part-timers a check for $500 in January and help guide them toward finding a new plan under the Affordable Care Act. The company will continue to offer health coverage to workers who carry 30 hours or more on average.

Mickey Ds looking to get out from under ObamaCare’s onerous regulations:

Franchise restaurant owners have come to Washington seeking a change to ObamaCare that they say could prevent them from having to cut their employees’ hours.

The healthcare law requires large employers to provide insurance to employees who work at least 30 hours per week.

Franchise owners say the employer mandate threatens to erase their narrow profit margins and are telling lawmakers they need to overhaul the law before it’s too late.

“Employees won’t have the hours they need, and they won’t get employer-sponsored healthcare, either,” said Steve Caldeira, president and CEO of the International Franchise Association (IFA).

“[Franchisees] are dealing with high commodity costs, high energy prices, higher taxes from the ‘fiscal-cliff’ deal, and now they are trying to work through ObamaCare,” he said.

More than 300 members of the franchise association are making the rounds on Capitol Hill to lobby for the ObamaCare changes. Monday’s visitors included IFA members from Mr. Rooter, McDonald’s and Dunkin Donuts.

So, if Congress and Big Business are getting breaks from the law, why not the fast food sector? After all, now that health care in this country has been sufficiently politicized, the law will not be about “care” rather picking winners and losers.

The amount of lobbying being done on Capitol Hill by entities looking to get away from this law should tell you everything you need to know about it.

Finally, the President's BFF, Warren Buffett says it's time to scrap the law and start over and we whole-heartedly agree:

"Healthcare costs in the United States are like a tapeworm eating at our economic body.

"Those words come from famed investor Warren Buffett, who said he would scrap Obamacare and start all over.

"'We have a health system that, in terms of costs, is really out of control,' he added. 'And if you take this line and you project what has been happening into the future, we will get less and less competitive. So we need something else.'

"Buffett insists that without changes to Obamacare average citizens will suffer.

"'What we have now is untenable over time,' said Buffett, an early supporter of President Obama. 'That kind of a cost compared to the rest of the world is really like a tapeworm eating, you know, at our economic body.'

"Buffett does not believe that providing insurance for everyone is the first step to take in correcting our nation's healthcare system.

"'Attack the costs first, and then worry about expanding coverage,' he said. 'I would much rather see another plan that really attacks costs. And I think that's what the American public wants to see. I mean, the American public is not behind this bill.'"

This common sense approach to overhauling our healthcare system is precisely why it doesn't stand an ice cube's chance in hell in Washington D.C.

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