Tag: obamacare

Why Is Obamacare blowing up with higher prices and fewer choices of plans in the exchanges?

 Why Is Obamacare blowing up with higher prices and fewer choices of plans in the exchanges? The Affordable Care Act, AKA Obamacare may be imploding, with fewer choices on the exchanges, costs rising as much as 25% according to USA Today. Is Obamacare the problem or the symptom?  To keep the conversation non partisan, we need to look at what Obamacare does. Expands the rolls of Medicaid Supplements the current system by giving people money toward the cost of insurance through state or federal exchanges. This has expanded the amount of people on Medicaid, a plan most doctors in NJ are Read More »

Obamacare’s 80/20 rule; Is this responsible for the increases in healthcare costs we have seen since its inception?

Obamacare’s 80/20 rule; Is this responsible for the increases in healthcare costs we have seen since its inception? Since 2000, healthcare costs have risen by hundreds of a percent and both you and I are having to pay for expensive insurance that pays for less, while our premiums soar. After the approval of Obamacare in 2010, premiums rose at least 60 percent as well as copayments and deductibles, which means that insurers are charging much more and paying much less, with some people having deductibles that are so high they cannot afford to use the insurance they were compelled by law Read More »

The Gallop organization’s latest poll on the Affordable Care Act shows no improvement in US healthcare quality.

  The Gallop organization’s latest poll on the Affordable Care Act shows no improvement in US healthcare quality. The Affordable Care Act (ACA) was supposed to lower the cost of care and improve the quality of it.  So far, most of us are paying more, with higher out of pocket costs, while we get less for our healthcare dollar, no matter which way you spin it. Most recently, United Healthcare voiced their lack of enthusiasm for their participation (even though it gave them many clients), despite many more people signing up.  Perhaps, there has been pent up demand for healthcare Read More »

The real math behind why your health insurance keeps rising (it has not been published in your newspaper yet)

The real math behind why your health insurance premiums keep rising, and what the media hasn’t told us about Obamacare yet. From the wealthy to the not so wealthy, one thing seems to be a common theme of anyone buying health insurance; the cost continues to increase yearly without any relief. Today, I was speaking to someone who is a major employer and he is looking at other options than Horizon Blue Cross Blue Shield, who has insured his company for years. He told me that his insurance costs for his business and employees are going to rise 19 percent Read More »

The public option would have kept health insurers honest says Huffington Post; see their opinion here.

The public option would have kept health insurers honest says Huffington Post; see their opinion here. When the debate for Obamacare had begun, a public option was something many of us wanted, including myself. After years of watching health insurers make changes to our system and promises that evaporated over time, each time they decided on their economic cure for healthcare costs (remember US Healthcare?) , the costs went up, the quality of care went down, and in the end, the system got worse. We are now seeing smaller networks, higher out of pocket costs while we the consumer use Read More »