Survey Says Obama's Health Care Act Partially Increased Costs for Americans

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Jul 1, 2011
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Survey Says Obama's Health Care Act Partially Increased Costs For Americans | Fox News
The signature legislation of the Obama Administration, the Affordable Care Act, came under damaging assault Wednesday from a Kaiser Family Foundation survey that found it has already partially contributed to increasing health care costs.

The survey found that insurance premiums rose by 9 percent in 2011. Healthcare costs for a single worker went up on average from $5,049 to $5,429, and for a family, costs rose from $13,770 to $15,073, on average.

The survey also found that some provisions of the Affordable Care Act already in place -- including the allowance for young people up to 26 years of age to remain on their parents insurance policy -- contributed to 20 percent of that increase.

Pretty sure Nobama said costs would go down, didn't he?
 
A serious plan to replace Obamacare

House Budget Committee Chairman Rep. Paul Ryan, R-Wis., began presenting a viable plan to replace it with his speech Tuesday at Stanford's Hoover Institution.
The big problem afflicting our health care system is skyrocketing costs. The Kaiser Family Foundation reported this week that in 2011, premiums for employer-based health insurance shot up 8 percent for individuals and 9 percent for families over 2010. As Ryan noted in his speech, "If you look at our debt-and-deficits problem, it really is a health care spending problem." Health care spending accounts for 25 percent of the U.S. budget (excluding interest payments), and within decades that number will grow to 45 percent.

"Instead of top-down price controls imposed by 15 bureaucrats at IPAB," Ryan said, "let's try bottom-up competition driven by 300 million consumers." Ryan calls for a uniform tax credit for everyone to purchase health insurance. This would immediately end several problems created by the prevailing employer-based insurance system, which offers fewer options, traps many Americans in jobs they would rather leave and causes many to over-insure themselves. For government health care programs, Ryan expanded on the plan he outlined in his House-passed budget, which promotes greater freedom and flexibility than Medicare or Medicaid currently offer.
 
wow... the libtards ion here that were so gun-ho about this law, screaming it would reduce costs... I wonder where they are hiding?
 
Pretty sure Nobama said costs would go down, didn't he?




I think probably he did. But on another day, he probably said the opposite. He says so many things, in so many different shades of variations on so many days, he usually has some way to wiggle out of what he said on any given day.

Just remember - if you quote him from the wrong day, you're a racist.
 
Survey Says Obama's Health Care Act Partially Increased Costs For Americans | Fox News
The signature legislation of the Obama Administration, the Affordable Care Act, came under damaging assault Wednesday from a Kaiser Family Foundation survey that found it has already partially contributed to increasing health care costs.

The survey found that insurance premiums rose by 9 percent in 2011. Healthcare costs for a single worker went up on average from $5,049 to $5,429, and for a family, costs rose from $13,770 to $15,073, on average.

The survey also found that some provisions of the Affordable Care Act already in place -- including the allowance for young people up to 26 years of age to remain on their parents insurance policy -- contributed to 20 percent of that increase.

Pretty sure Nobama said costs would go down, didn't he?

The part that's likely to curb costs doesn't kick in until 2014.
 
Unfortunately reducing costs isn't something I think the ACA will be able to achieve.
 
Survey Says Obama's Health Care Act Partially Increased Costs For Americans | Fox News
The signature legislation of the Obama Administration, the Affordable Care Act, came under damaging assault Wednesday from a Kaiser Family Foundation survey that found it has already partially contributed to increasing health care costs.

The survey found that insurance premiums rose by 9 percent in 2011. Healthcare costs for a single worker went up on average from $5,049 to $5,429, and for a family, costs rose from $13,770 to $15,073, on average.

The survey also found that some provisions of the Affordable Care Act already in place -- including the allowance for young people up to 26 years of age to remain on their parents insurance policy -- contributed to 20 percent of that increase.

Pretty sure Nobama said costs would go down, didn't he?

The part that's likely to curb costs doesn't kick in until 2014.
Until then, it increases costs. Makes perfect sense.

Not.
 

The part that's likely to curb costs doesn't kick in until 2014.
Until then, it increases costs. Makes perfect sense.

Not.

His timeline is off. Costs continue to increase period. Charging 5 and giving back a buck is not savings.

The meat however has until 2018, Democrats were careful to spread the increase out so you dont notice.
 
Obama:

"We agree on reforms that will finally reduce the costs of health care. Families will save on their premiums; ....."




So .... when those supposed savings finally kick in are they going to be measured against the peak the premiums reached after Obama forced all sorts of new expenses on us or against what they were when Obama spun his castles in the air .........?



*excusing myself now to take a little walk because Obama's lies and "I know what's good for you" b.s. have once again succeeded in raising my blood pressure*
 
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The part that's likely to curb costs doesn't kick in until 2014.
Until then, it increases costs. Makes perfect sense.

Not.

His timeline is off. Costs continue to increase period. Charging 5 and giving back a buck is not savings.

The meat however has until 2018, Democrats were careful to spread the increase out so you dont notice.

Do you have any idea what you're talking about?

Cuz I don't think ya do.
 
Until then, it increases costs. Makes perfect sense.

Not.

His timeline is off. Costs continue to increase period. Charging 5 and giving back a buck is not savings.

The meat however has until 2018, Democrats were careful to spread the increase out so you dont notice.

Do you have any idea what you're talking about?

Cuz I don't think ya do.

You may believe that, but I would first suggest you search for when the meat takes effect.

Then you can edit your remarks.:lol:
 
Without Obamacare, the increase still would have been 7.2%, Compare the 9% increase with the inflation rate of 2.6%. As usual health care costs go up multiple times the rate of inflation as insurance increased by 113% in the last ten years, where as the ten year inflation rate was 25.3%! and wages increase a tad over 4%* during that same time. (See attached chart)
Obamacare did up the increase of health care, there's no question with that, but outrageous health care costs are seriously killing the US economy. It hurts business and the consumer. It takes chips away at the US's consumer driven economy. It takes away expendable income from business and the consumer.
People like to say let's lower the costs by using tort reform, yet that would only lower costs by a mere 2%**.
One of the steps that must be taken to ensure a long-term sound economy is reigning in the outrageous and runaway costs of health care in the US.

** http://www.cbo.gov/doc.cfm?index=4968&type=0
 
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Without Obamacare, the increase still would have been 7.2%, Compare the 9% increase with the inflation rate of 2.6%. As usual health care costs go up multiple times the rate of inflation as insurance increased by 113% in the last ten years, where as the ten year inflation rate was 25.3%! and wages increase a tad over 4%* during that same time. (See attached chart)
Obamacare did up the increase of health care, there's no question with that, but outrageous health care costs are seriously killing the US economy. It hurts business and the consumer. It takes chips away at the US's consumer driven economy. It takes away expendable income from business and the consumer.
People like to say let's lower the costs by using tort reform, yet that would only lower costs by a mere 2%**.
One of the steps that must be taken to ensure a long-term sound economy is reigning in the outrageous and runaway costs of health care in the US.

** Limiting Tort Liability for Medical Malpractice

Obamacare does nothing to address increased cost, regardless of what the dems claim.

Costs are just starting to go up now. If this law remains, they will go considerably higher.
 
"Instead of top-down price controls imposed by 15 bureaucrats at IPAB," Ryan said, "let's try bottom-up competition driven by 300 million consumers." Ryan calls for a uniform tax credit for everyone to purchase health insurance. This would immediately end several problems created by the prevailing employer-based insurance system, which offers fewer options, traps many Americans in jobs they would rather leave and causes many to over-insure themselves. For government health care programs, Ryan expanded on the plan he outlined in his House-passed budget, which promotes greater freedom and flexibility than Medicare or Medicaid currently offer.

Whatever happened to:

To ensure affordable, quality coverage for all, we propose real insurance reforms that reorient the incentives of these companies so that they jibe with patients. Our bill encourages state-based solutions - in the form of voluntary health exchanges. These exchanges will prevent cherry-picking against those deemed uninsurable and will be made possible with risk adjustment mechanisms and other state-level options such as reinsurance and risk pools. We also include common-sense reforms to expand coverage through auto-enrollment for individuals who do not select a plan at the start of the year.

--Paul Ryan and Devin Nunes (June 8, 2009)

What good is offering a tax credit to buy insurance in the individual market if you readily acknowledge that the pre-ACA incentives of individual market private insurers don't "jibe with patients"? I can't tell if he's returning to the Patients' Choice Act and will again embrace insurance market reforms and state-based health insurance exchanges, as he did in 2009, or if he's just going to ignore the problems he pointed out in unveiling his reform ideas 2 years ago.

No sign yet that he's going to reintroduce the PCA or endorse exchanges again (the word doesn't appear in the health care speech he gave at Hoover two weeks ago). Not to mention virtually nothing about quality and the delivery system.

Where's the beef?
 
Survey Says Obama's Health Care Act Partially Increased Costs For Americans | Fox News
The signature legislation of the Obama Administration, the Affordable Care Act, came under damaging assault Wednesday from a Kaiser Family Foundation survey that found it has already partially contributed to increasing health care costs.
The survey found that insurance premiums rose by 9 percent in 2011. Healthcare costs for a single worker went up on average from $5,049 to $5,429, and for a family, costs rose from $13,770 to $15,073, on average.

The survey also found that some provisions of the Affordable Care Act already in place -- including the allowance for young people up to 26 years of age to remain on their parents insurance policy -- contributed to 20 percent of that increase.
Pretty sure Nobama said costs would go down, didn't he?

The part that's likely to curb costs doesn't kick in until 2014.

What parts are those? The increased spending?
 
But other factors are also contributing to the rising costs of health care. They include the prices of new technologies, research and development for new prescription drugs and the proliferation of chronic diseases like diabetes.
The aging of the baby boom generation is also placing a tremendous strain on the health care system, as baby boomers have begun qualifying for Medicare this year. The survey found that with better treatments and drugs, they may live longer than previous generations and impose huge costs on the system as they age.

Which indicates repeal of the ACA would do little to decrease healthcare costs overall, if at all, and in fact most studies indicate costs would rise should the ACA be repealed:

Repealing the ACA means small businesses would lose $ 4 billion per year in
healthcare tax credits that started Jan. 1, 2010. Four million small businesses nationwide
are eligible for the tax credits. Many have already been taking advantage of the tax credits,
which will reduce their costs and help them afford the high cost of healthcare for their
employees.

Repealing this tax credit will leave employers and their employees high and dry. New small business insurance protections such as a ban on denying people for a preexisting condition would be lost. Nearly one-third of the 22 million self-employed entrepreneurs are uninsured. One reason for this is that insurance companies exclude these business owners from coverage because of preexisting conditions and other mechanisms. A prospective entrepreneur who has a preexisting medical condition, or has a family member with a preexisting condition cannot leave their job, launch a new company and help grow our economy because they are “locked” in their old job and health coverage.

Economic research we released based on modeling by MIT economist Jonathan Gruber
shows that 1.6 million small business workers suffer from "job lock;” roughly 1 in 16 people are currently insured by their employers. By eliminating this unfair practice, healthcare reform is helping to give the economy a much-needed boost.

http://www.smallbusinessmajority.org/state-activity/toolkit/Price_of_Repeal_Talking_Points.pdf
And as we all know, small businesses do most of the hiring.

In addition, repealing the ACA will in fact add to the Federal deficit:

As a result of changes in direct spending and revenues, CBO expects that
enacting H.R. 2 [repealing the ACA] would probably increase federal budget deficits over the 2012–2019 period by a total of roughly $145 billion…

http://www.cbo.gov/ftpdocs/120xx/doc12040/01-06-PPACA_Repeal.pdf

"When we look to the future we know that The Affordable Care Act will help make insurance more affordable for families and businesses across the country, " wrote Nancy- Ann DeParle, the White House Deputy Chief of Staff.

It’s idiotic, therefore, to pass final judgment on a given measure before it’s fully implemented and given an appropriate evaluation period.
 

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