WSJ: Healthcare Costs "Set For A Jolt", Hospitals Bolt
Guy Benson | Jul 01, 2013
Smart move, NFL. More projections of pain, courtesy of Obamacare's maze of costly coverage mandates and requirements:
Getting (expensive) buy-in from relatively healthy young and middle-aged peopleis a key to the law's success. Without near-universal participation among this group, Obamacare's funding model implodes -- which may have been the long-game goal for some all along. The Journal's analysis focused on eight states, one of which is purple Virginia:
Sixty-three dollars times three is $189, so that 40-year-old nonsmoker in Richmond will see his rates more thantriple. The president promised Americans that Obamacare would reduce premiums across the board to the tune of $2,500 per household. For more on rising healthcare costs, readthis Forbes column by two executives at the Physicians Foundation. Their self-explanatory headline: "Why Healthcare Costs Are About to Explode." Bloomberg is reporting that roughly one-third of the hospitals and healthcare programs involved in an pilot Obamacare cost-containment program are signaling that they may soon head for the exits:
In other words, more of the "savings" baked into the CBO's initial force-fed scoring of Obamacare are unlikely to fully materialize, further exacerbating the law's deficit problem. The president told Americans that his signature accomplishment would reduce overall health spending and would not add "a dime" to deficits. With the NFL, NHL and MLB taking a pass on compromising their brands to advance the administration's healthcare propaganda, California appears to be exploiting public school students and teachers to cheerlead for the law:
We've apparently gone from "for the children" to "use the children." Are Democrats still allegedly champing at the bit to "own" this law?
UPDATE - Obamacare Rate shock arrives in Rhode Island.
Thank You Townhall, Mr Benson, and WSJ.