Obamacare

The Growing Financial Disaster of Obamacare

Featured image President Obama asserts that 8 million people have signed up for Obamacare, as though that were something to be proud of. In fact, Obamacare has always been a fiasco from a fiscal perspective–a black hole of subsidies and expanded Medicaid, with largely fictitious mechanisms in place to pay for it. As the number of subsidized participants grows, the disaster gets worse. Charles Blahous explains: Our national discussion…is missing the truly »

Move On? Not Just Yet

Featured image In his press conference yesterday, President Obama accused Republicans of being obsessed with Obamacare. He said the law is here to stay, and it is time to “move on.” This is silly on a number of levels, some of which Paul pointed out this morning. I want to add just one more. It is absurd for the Democrats to say that Obamacare is secure and we should stop talking about »

In the court of King Barry…

Featured image is where we seem to be with Obama’s declaration that the debate on Obamacare is over and he won. Is there a red-blooded American who doesn’t recoil at such talk? Someone in a position of authority really ought tell him to stuff it, someone like the citizenry ’round about election day this year. At the Weekly Standard, Jeffrey Anderson provides a useful reminder of what is important in this context: »

The lies of Obamacare: victory lap edition

Featured image President Obama says that 8 million people now have signed up for Obamacare. Apparently, the extension of the enrollment deadline helped boost the final figure to well in excess of the administration’s publicly declared target of 7 million. Obama also claimed that 35 percent of those who have signed up for Obamacare are younger than age 35. However, that number includes children. The key figure in terms of Obamacare’s viability »

The lies of Obamacare: Census Bureau edition

Featured image High among the list of Obamacare’s most embarrassing failures is the fact that it will not meet its stated purpose of reducing to a low level the number of Americans who lack health insurance. This goal was the justification for the massive disruption of the health care system that Obamacare has imposed. The millions and millions of Americans who will lose their health insurance plan and/or their doctors, and/or will »

Premium rates soar under Obamacare

Featured image Fox News reports on a recent survey of 148 insurance brokers which shows that Obamacare is sending premiums upwards at the fastest clip in decades. The survey, conducted by Morgan Stanley, shows an increase in premium costs nationally of about 12 percent. California experienced a 53 percent increase; in Florida the increase was 37 percent; Pennsylvania’s was 28 percent. According to Fox, analysts attribute the higher costs primarily to Obamacare: »

The Numbers Are In: Obamacare Causes Health Insurance Costs to Skyrocket

Featured image Morgan Stanley has reported on its quarterly survey of insurance brokers, and Scott Gottlieb of Forbes sums up the depressing findings: Health insurance premiums are showing the sharpest increases perhaps ever according to a survey of brokers who sell coverage in the individual and small group market. … The average increases are in excess of 11% in the small group market and 12% in the individual market. Some states show »

Obamacare Steams Toward the Iceberg

Featured image There are several reasons why Michael Ramirez is America’s best editorial cartoonist. One is that he is an excellent artist. This drawing not only sums up brilliantly the absurdity of the Democrats’ claim of success for Obamacare–we have entrapped 7 million people in our lousy program!–it is also beautiful. Click to enlarge: »

This news from Florida made my day

Featured image Gov. Rick Scott has pulled at least even with rank opportunist Charlie Crist in the Florida gubernatorial race, according to a new Voter Survey Service poll commissioned by Sunshine State News. In 2010, VSS’s polling of the corresponding race came closest to matching the outcome, according to the Sunshine State News. Scott holds a narrow, and indeed statistically insignificant, 45-44 lead over Crist. However, Scott’s 49-42 lead among respondents who »

Voters Still Hate Obamacare

Featured image The Democrats hope that the supposed success of signing up 7 million Obamacare participants will blunt the potency of the issue in November. If this Rasmussen survey is any indication, however, they have a long way to go: Unfavorable opinions of the new national health care law are at their highest level in several months, while the number who think the quality of care in this country will get worse »

William Levin: Obamacare death throes updated

Featured image We’ve written a few times about Halbig v. Sebelius, a case challenging the Obama administration’s operation of Obamacare on the 36 federally facilitated exchanges established for states that declined to set up their own. William Levin, a graduate of Yale Law School and former clerk on the D.C. Circuit, manages an investment banking firm. He previously commented for us on the case here. Oral argument on the appeal pending before »

The Blackwood letter

Featured image Catherine Blackwood is counted as a success in the statistics touted by the Obama administration as it continues to peddle Obamacare. She has procured new Obamacare-compliant health insurance. Struggling with carcinoid cancer since 2005, Mrs. Blackwood treats her health insurance as a matter of life and death. But Mrs. Blackwood is in truth a walking illustration of the lies of Obamacare and of the destruction it has wrought. This past »

No! in thunder

Featured image President Obama said yesterday: The debate over repealing this law is over. The Affordable Care Act is here to stay. … In the end, history is not kind to those who would deny Americans their basic economic security. Nobody remembers well those who stand in the way of America’s progress or our people. And that’s what the Affordable Care Act represents. As messy as it’s been sometimes, as contentious as »

The staggering costs of Obamacare

Featured image Now that President Obama has completed his end-zone dance for perhaps signing up more people for health insurance than have been dropped from coverage due to Obamacare, it’s time for a sober look at the costs of his signature program. Our friend Tevi Troy, head of the American Health Policy Institute (AHPI), provides that look in a study called “The Cost of the Affordable Care Act to Large Employers.” The »

Does King exist?

Featured image On this past weekend’s edition of Fox News Sunday, Maine Senator Angus King declared that Obamacare does not exist. According to King, “There is no such thing as Obamacare” (video below). If you are one of the six million or so Americans who lost his health insurance courtesy of Obamacare, you are advised to take two aspirin and call King in the morning. I’d like to argue that King doesn’t »

A Famous Victory For Obamacare?

Featured image The administration announced today that 7.1 million people have signed up for health insurance on the various federal and state exchanges. President Obama took a victory lap in the Rose Garden, announcing among other things that Obamacare is now safe from repeal. The Democratic Party sent out an email that began: President Obama just announced the news: The Affordable Care Act CRUSHED its first major enrollment deadline! As of yesterday, »

Deep secrets of the banana

Featured image Yesterday on Fox News Sunday, Maine Senator Angus King declared that Obamacare does not exist. That health insurance policy that you lost courtesy of Obamacare? Take two aspirin and call King in the morning. As we take a walk down memory lane, comparing our present ills with those of the Carter era, perhaps it’s time to recall the creativity of Carter administration deregulation guru and inflation czar Alfred Kahn. While »