Topic: 3 Reasons Health-Care Costs Likely to Rise
Sojourning_Soul's photo
Sat 08/17/13 06:17 AM

3 Reasons Why Health-Care Costs Are Likely to Rise

Opinions rage about whether health insurance costs will rise or fall with implementation of the Affordable Care Act, commonly known as Obamacare. What gets relatively little attention, though, is that overall health-care cost growth has actually slowed down over the last few years. According to the Centers for Medicare and Medicaid Services, national health-care spending grew 3.9% annually from 2009 to 2011 -- the lowest rate since the government began tracking the statistics over 50 years ago.

Don't get used to slower health-care cost growth, though. There are several reasons why higher spending could soon rear its head again. Here are three that could drive health-care costs up in the near future.

http://www.fool.com/investing/general/2013/08/16/3-reasons-why-health-care-costs-are-likely-to-rise.aspx

no photo
Sat 08/17/13 09:37 AM
well there is one thing 4 sure...health insurance rates will go up because of the subsidies...the insurance companies will end up with most of the government subsidies by enacting rate increases dollar 4 dollar based on subsidy amounts...and then they will claim u r getting more coverage...and that your new policy is better than your old one.

Sojourning_Soul's photo
Sun 08/18/13 06:20 AM
Edited by Sojourning_Soul on Sun 08/18/13 07:05 AM
With gov't involved it will be nothing more than an inflated, monopolized, failure.....like education, jobs, housing and energy.

The ACA was NEVER about health or care, it is about control!

It puts the gov't, its crony corporations like big pharma and insurance companies, between you and your Dr..

Drs are required to share your info with gov't, care will be mandated by a panel, NOT your Dr, Injections and vaccines will be forced, your childrens health care will not be your decision and your children can be removed from the home if you object to their care and treatment (this is already happening!), medications will be chosen for you, not by your Dr but by a panel of legislators, corporate sponsors, medical and insurance companies.

5,000 new IRS agents will be hired and trained to enforce mandates, your home will be searched and "inspected", taxes will be imposed and enforced, and there will be NOTHING affordable about the repercussions that result or stem from those forced mandates.

Like "free games" on a computer, it's not the games that are the problem, it is the bundled BS that comes with them that destroys your computer....

THAT is Obozocare!

Mortman's photo
Sun 08/18/13 10:26 AM

With gov't involved it will be nothing more than an inflated, monopolized, failure.....like education, jobs, housing and energy.

The ACA was NEVER about health or care, it is about control!

It puts the gov't, its crony corporations like big pharma and insurance companies, between you and your Dr..

Drs are required to share your info with gov't, care will be mandated by a panel, NOT your Dr, Injections and vaccines will be forced, your childrens health care will not be your decision and your children can be removed from the home if you object to their care and treatment (this is already happening!), medications will be chosen for you, not by your Dr but by a panel of legislators, corporate sponsors, medical and insurance companies.

5,000 new IRS agents will be hired and trained to enforce mandates, your home will be searched and "inspected", taxes will be imposed and enforced, and there will be NOTHING affordable about the repercussions that result or stem from those forced mandates.

Like "free games" on a computer, it's not the games that are the problem, it is the bundled BS that comes with them that destroys your computer....

THAT is Obozocare!

LOL. You wrote that Obamacare would put insurance companies between you and your doctor, as if they weren't there before. Have you been in a cave the past 40 years?

With the regulations that Obamacare implements, it'll be better than what we have now. There's already a bureaucracy between your doctor and you. Obamacare can't change that. As far as most of your other claims you're wildly misinformed or just lying.

I don't know where you heard about required injections and immunizations. Taking a child away for denying medical could and does already happen, but not because of missed immunizations. That's in situations of severe injuries/infections and parents who choose to hide or "pray it away." Either way, it's only in extreme cases, and if anybody's taking the kid away, it's not on the federal level, but just the state or county level.

Yes, there'll be some control added with Obamacare, like prohibiting garbage policies that seem cheap, but are effectively worthless. Insurance providers will be capped in their profit margins. No longer able to take 50-65% profit margins, but limited to 15-20%. Also, the 5,000 new IRS agents is way off. The IRS did ask for 1054 new full-time employees, but most of those were for new IT systems and general staffing needs. A few dozen of them were to help enforce the new tanning bed tax, and a couple hundred more were needed to deliver the increased number of tax credits that Obamacare causes.

Just like insurance now, your doctor will be the one who prescribes medication, and with the regulations on coverage, it's actually more likely that the medicine prescribed will be covered.

no photo
Sun 08/18/13 11:22 AM
"We have to pass the bill so you can see what's in it."- Pelosi

Obama said.
"Here is a guarantee that I've made. If you have insurance that you like, then you will be able to keep that insurance. If you've got a doctor that you like, you will be able to keep your doctor."

HHS Admits: You Might Not Be Able to Keep Your Doctor Under Obamacare.

"Depending on the plan you choose in the Marketplace, you may be able to keep your current doctor." The bottom line is that Obamacare guarantees neither. Doctors may be only available through certain networks, just as in the current system. And only plans that existed in their current form on March 23, 2010, are even eligible to be "kept." The vast majority of plans will be new, subject to a raft of new regulations, requirements, and restrictions.

Now that Health and Human Services has confirmed that the suspicions of Obamacare opponents were justified, the Obama administration will have some explaining to do to friends and foes of the law alike. Because now everyone is finding out "what's in it."






no photo
Sun 08/18/13 11:27 AM
CBO: Obamacare Will Leave 30 Million Uninsured

(CNSNews.com) -- A new Congressional Budget Office (CBO) report says that under the Affordable Care Act, a.k.a. Obamacare, 30 million non-elderly Americans will remain without health insurance in 2022.

One of the main arguments the Obama administration made for passing the Affordable Care Act was that it would provide coverage for the uninsured.

Currently, accoriding to CBO, there are 53 million uninsured persons in the United States, including uninsured illegal aliens. The CBO estimates that in 2022--8 years after the Affordable Care Act has been fully implemented--30 million people will remain uninsured.

Under Obamacare, 8 percent of legal U.S. residents will remain without health insurance in 2022, according to CBO
The report was done to assess the fiscal impact of the Supreme Court June Obamacare decision.

“CBO and JCT [Joint Committee on Taxation] now estimate that the ACA, in comparison with prior law before the enactment of the ACA, will reduce the number of nonelderly people without health insurance coverage by 14 million in 2014 and by 29 million or 30 million in the latter part of the coming decade, leaving 30 million nonelderly residents uninsured by the end of the period,” the report said.

“Before the Supreme Court’s decision, the latter number had been 27 million,” states the report.

As a result of the Supreme Court decision, states are no longer obligated under Obamacare to expand eligibility for their Medicaid programs.

“Some states will probably forgo the expansion entirely; some are likely to expand coverage to everyone whose income is below 138 percent of the FPL [federal poverty level]; and if the flexibility is allowed, some states may choose partial expansions. Further, states may be able to make those choices in any year after 2014,” the report said.
“The updated estimates by CBO and JCT represent their assessment of the middle of the distribution of the many possible outcomes arising from the Supreme Court’s decision,” states the CBO report.

On the same day the Supreme Court issued its ruling, President Barack Obama delivered a speech in which he said 30 million Americans presently without health coverage will now have the opportunity to obtain affordable health plans.

“If you’re one of the 30 million Americans who don’t yet have health insurance, starting in 2014, this law will offer you an array of quality, affordable, private health insurance plans to choose from,” said Obama.

However, as the CBO concludes, despite all the new government regulations and bureaucracies, taxes and subsidies created by Obamacare, there will still be 30 million uninsured people in the United States a decade from now.

Mortman's photo
Sun 08/18/13 01:08 PM
However, as the CBO concludes, despite all the new government regulations and bureaucracies, taxes and subsidies created by Obamacare, there will still be 30 million uninsured people in the United States a decade from now.


Yes. They're called undocumented immigrants.

MoonsDragonLionWolf's photo
Sun 08/18/13 01:34 PM

However, as the CBO concludes, despite all the new government regulations and bureaucracies, taxes and subsidies created by Obamacare, there will still be 30 million uninsured people in the United States a decade from now.


Yes. They're called undocumented immigrants.



Not necessarily.
There will be Americans who will be uninsured as well.
Just because you make a law that forces every American to buy health insurance or face a fine doesn't mean that everyone is going to run out and all of a sudden buy health insurance or are going to be insured.

whoa