Category Archives: Designed to Fail

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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Study: ACA Math Doesn’t Add for ‘Young Invincibles’

Posted on January 30, 2014 by OCTS4

“Consumer price comparison site NerdWallet said its analysis suggests that healthy younger adults who go without insurance could on average spend up to five times less on health care than those who sign up in Affordable Care Act plans.” “The … Continue reading →

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Eight Ways to OOO (Opt Out of Obamacare) in Style

Posted on January 27, 2014 by OCTS4

For people who want to opt out of Obamacare’s over-priced, bloated policies full of features designed to take your money for things you’ll never need, Breitbart News has a great interview with Sean Parnell, author of The Self-Pay Patient. Parnell … Continue reading →

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Kentucky Doctor Closing His Practice “Due To Obamacare”

Posted on January 17, 2014 by OCTS7

Comment: So… doctors must have a working system by mid-2014 so that they can be ready for 2015. Six months in advance. Shouldn’t the CMS healthcare.gov website team have been required to adhere to the same standards? Do as I … Continue reading →

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Early Signs Insurance Death Spiral Is Starting

Posted on January 12, 2014 by OCTS1

“Humana (HUM) said the “risk mix” of its ObamaCare exchange members will be “more adverse than previously expected,” the latest evidence that the health reform is attracting older, sicker Americans than originally projected.” “The health insurer, in an SEC filing … Continue reading →

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The News Keeps On Coming and It’s All Bad – You Can’t Keep Your Plan

Posted on October 31, 2013 by OCTS3

Comment:  The Truth Squad knew Obamacare was going to be a disaster in every possible way.  And so it is.  Reports of problems are showing up everywhere.  Obamacare has caused as many as 16 million people to lose their plans. … Continue reading →

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Amazon It’s Not: Information Capture, Hiding Unsubsidized Prices at Root of Roll-Out Fiasco

Posted on October 24, 2013 by OCTS3

“A growing consensus of IT experts, outside and inside the government, have figured out a principal reason why the website for Obamacare’s federally-sponsored insurance exchange is crashing. Healthcare.gov forces you to create an account and enter detailed personal information before … Continue reading →

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State Opposition to Obamacare Growing

Posted on October 15, 2013 by OCTS3

[…] “…Oklahoma…is currently suing the federal government, claiming that awarding premium subsidies is unconstitutional in states with federally run exchanges…” […] “…South Carolina proposed to refund residents who pay a penalty for not having insurance next year, effectively canceling out … Continue reading →

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Some Doctors Won’t Accept Exchange Insurance

Posted on October 10, 2013 by OCTS3

“A majority of physician practices (55.5%) hold an “unfavorable” or “very unfavorable” view of the impact the Affordable Care Act’s (ACA) health insurance exchanges will have on them, a survey of more than 1,000 group practices showed.” “Almost as many … Continue reading →

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