Monthly Archives: February 2014

Obamacare: Work Less, or Suffer the Consequences

Posted on February 15, 2014 by OCTS4

Comment: complementing the recent CBO report that the American economy will lose 2.5 million worker-equivalents due to Obamcare, here’s another Obamacare reason to work less and not bother trying to get ahead… “The Obamacare subsidy cliff is so steep that … Continue reading →

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Real People, Real Suffering – Mr. President, YOU Did This

Posted on February 12, 2014 by OCTS4

“I suffer from a difficult chronic illness called lupus, an autoimmune disease with devastating symptoms [...] my life is filled with visits to doctors, specialists and the emergency room. While paying for this care is expensive, I have no other … Continue reading →

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Let the (Bailout) Olympics Begin

Posted on February 11, 2014 by OCTS4

Comment: more evidence that the already-higher rates offered on the Obamacare exchanges are still just “teaser” rates, with large hikes yet to come. “Humana announced that it expects to tap the three risk adjustment mechanisms in ObamaCare for between $250 … Continue reading →

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Shocked by Obamacare Rate Hikes? These Are (Still) Just the Teaser Rates

Posted on February 8, 2014 by OCTS4

Comment: Wellpoint’s filing suggests it expects to lose 13% (and receive an offsetting 10.8% tax-payer bailout) on its Obamacare exchange policies (rough figures).  This implies Wellpoint would have to hike rates an additional 16% to achieve a 3% profit on … Continue reading →

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Expanding Medicaid Increases Emergency Room Visits Forty Percent

Posted on February 8, 2014 by OCTS4

Comment: The President promised Obamacare would reduce E.R. visits, reducing cost shifted onto the public. Obamacare moves Americans onto Medicaid. A recent comprehensive study shows Medicaid beneficiaries in Oregon visit the E.R. 40% more often after enrollment, increasing E.R. use, … Continue reading →

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If You Like Your Rx Drugs … Nope

Posted on February 5, 2014 by OCTS4

Commentary: For all Obamacare’s high premiums, rate-hikes and mandates, if you need expensive drugs, you might not have any coverage at all. “The President famously promised that you could keep your health plan and doctor. For many people, both of … Continue reading →

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Swedes buy health insurance to skirt socialized system

Posted on February 4, 2014 by OCTS4

“One in ten Swedes now has private health insurance, often through their employers, with some recipients stating it makes business sense to be seen quickly rather than languish in national health care queues.” [...]“It’s quicker to get a colleague back … Continue reading →

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