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On July 24, 2012, the Congressional Budget Office (CBO) released an updated analysis of the Medicare payment reductions included in the Affordable Care Act (ACA). Notably, this updated CBO estimate represents the first time that the Medicare payment reductions are accounted for in the full 10‐year budget window.  Totaling an estimated $716 billion between 2013 and 2022, the Medicare … [Read more...] about Robert Book and Michael Ramlet: What is the regional impact of the Medicare fee-for-service and Medicare Advantage payment reductions?

Grace-Marie, another aspect of Romneycare strengthens both your point, and Avik’s, namely the history of health-reform efforts in Massachusetts. It’s crucial to recall that Massachusetts was one of eight states that adopted sweeping health reforms during the 1990s after the Clinton health-reform effort failed.  These reforms were all based on the disastrous scheme of “guaranteed issue” — the … [Read more...] about Mario Loyola Re: What Really Happened with Romneycare

The International Franchise Association held a convention in Washington this week where most of the Radio Shack, Dunkin Donuts, Curves and other franchisers were grumbling about new federal regulations, especially the impact of Obamacare. Most, said Atlanta Taco Bell and Kentucky Fried Chicken franchiser David Barr, presumed that the reports about how hard Obamacare will hit them were … [Read more...] about The Examiner: Franchisors warn Obamacare will halve profits

Annual premiums for employer-sponsored family health coverage reached $15,745 this year, up 4 percent from last year, with workers on average paying $4,316 toward the cost of their coverage, according to the Kaiser Family Foundation/Health Research & Educational Trust (HRET) 2012 Employer Health Benefits Survey released today. This year’s premium increase is moderate by historical … [Read more...] about KFF/HRET: Family Health Premiums Rise 4 Percent to Average $15,745 in 2012, National Benchmark Employer Survey Finds

According to the Committee on Ways and Means and the IRS, compliance with the new healthcare law will take 80 million man-hours per year.  Perhaps that sounds like a successful jobs program, as it will keep 40,000 people fully employed, filling out paperwork and sorting through a confounding pile of government regulations.  Only problem is, that work is entirely wasteful and creates zero wealth … [Read more...] about Tax Foundation: Compliance with ObamaCare Estimated at 80 Million Man-hours

The U.S. health care law’s process for providing insurance subsidies to middle-income families will produce a “burdensome, costly and frustrating quagmire,” a former Internal Revenue Service commissioner told a congressional committee. The subsidies, structured as tax credits, are the main method in the 2010 law of helping Americans obtain health insurance. They will be delivered through … [Read more...] about Richard Rubin: Health Law Means IRS Quagmire, Former Commissioner Says

Families USA, an advocacy group closely aligned with the Obama administration, recently claimed that 25 percent of non-elderly Americans, or 65 million people, suffer from a pre-existing condition that would threaten the security of their health insurance if it were not for ObamaCare’s protections. This preposterous claim fits a pattern. ObamaCare’s apologists have been trying for three years … [Read more...] about Tom Miller and Jim Capretta: Curing the Pre-Existing Conditions of ObamaCare