Wednesday, March 04, 2015

Supreme Court hears arguments that could affect future of Obamacare


On Wednesday, the Supreme Court heard arguments in the King v. Burwell case, which could drastically affect the future of Obamacare.

From Fox News:
A key Supreme Court swing justice warned Wednesday that a case challenging billions of dollars' worth of ObamaCare subsidies could have a huge impact on the health market.

Arguments wrapped up late Wednesday morning in the high-profile challenge to the Affordable Care Act.

According to Reuters, justices appeared divided along ideological lines.

The justices met Wednesday to determine whether the law makes people in all 50 states eligible for federal tax subsidies -- or just those who live in states that created their own health insurance marketplaces.

This question matters because roughly three dozen states opted against their own marketplace, or exchange, and instead rely on the U.S. Health and Human Services Department's If the court rules against the Obama administration, insurance subsidies for people in those states would be in jeopardy.

Read more....

Obamacare has changed the entire dynamic of employer provided health insurance. Part time employment, dropped plans, huge, unaffordable deductibles, smaller physician networks, greater out of pocket expenditure to continue seeing physicians treating specific chronic ailments who are no longer in network (the greatly touted cure to the previous condition exclusion), etc.

Unlike private employers who need to generate a profit to remain viable, the government has no such concern. They just keep taking or exempting or otherwise siphoning off the money they need from the working members of society under the threat of incarceration.

In fact, kind of sounds similar to the circumstances of a local mob crew trying to muscle in on an existing profitable business.

Here is what has happened with the implementation of Obamacare:

1. Much higher premium increases than many can afford.

2. Loss of preferred insurance plans altogether.

3. Job hour downsizing to part-time status lowering weekly pay, eliminating medical coverage and forcing individuals to purchase their own insurance with the lower pay they will now be receiving.

4. Huge, and in many cases, unaffordable deductible levels, in five figures in many cases.

5. Constrained doctor and hospital networks where people with pre-existing conditions that were being treated are finding that their preferred physicians are no longer in a covered network, forcing them to deal with new out-of-pocket expenses. So much for the “if you like your physician you can keep them” Obama lie.

6. Private medical records and other sensitive identifying information now open to massive security breaches lowering the bar for identity theft and massive fraud.

Need one go on?

With passage of Obamacare, the Democrats not only fulfilled a decades-old liberal dream, but they were sure that at last, the United States could begin to unite under the humanitarian umbrella of health insurance, and ultimately healthcare, for all its citizens.

This Barack Obama led group could now stand arm in arm with FDR’s 1930’s Social Security Progressives, and LBJ’s 1960’s caucuses, who pioneered the landmark national welfare programs.

These brave new Progressives had aggressively and skillfully grasped a rare partisan moment to construct the third leg to the social tripod of humanity, and finally this country could indeed become a Great Society. They were so proud.

Now it’s clear that instead of saving us, they had stunned us with a massive, crushing wedge, and set in motion a bitter, likely decades-long clash, that ultimately may tear the U.S. economy apart.

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