Affordable Care Act

Video of the Day – Obamacare Architect Credits “Lack of Transparency” and “Stupidity of the American People” for Passage of Healthcare Law

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Screen Shot 2014-11-10 at 6.40.35 PMEarlier today, I published a post titled, Inside the Mind of an Oligarch – Sheldon Adelson Proclaims “I Don’t Like Journalism,” which zeroed in on the condescending attitude oligarchs and their technocrat minions have toward the general population. I wrote:

 The term oligarch is reserved for those with extreme wealth who also want to control the political process, policy levers and most other aspects of the lives of the citizenry in a top-down tyrannical and undemocratic manner. They think they know best about pretty much everything, and believe unelected technocrats who share their worldview should be empowered so that they can unilaterally make all of society’s important decisions. The unwashed masses (plebs) in their minds are unnecessary distractions who must to be told what to do. Useless eaters who need to be brainwashed into worshipping the oligarch mindset, or turned into apathetic automatons incapable or unwilling to engage in critical thought. Either outcome is equally acceptable and equally encouraged. 

It’s quite timely that those words appeared on the site the same day that a video clip emerged of MIT economics professor, and the architect of Obamacare, Jonathan Gruber, admitting that the legislation was intentionally complex and misleading in order to pass Congress and elicit limited outrage from the “stupid” American public.

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Serfs Up – Average Healthcare Premiums Have Soared 39%-56% Post Obamacare

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It’s been a couple months since I last updated readers on the epic disaster that is Obamacare. In case you need a refresher, here is the last article I published on the law: Computer Security Expert Claims he Hacked the ObamaCare Website in 4 Minutes.

Moving along, we now have some details on the average premium increase for non-Obamacare health plans following the implementation of the law, and the results are not pretty. According to a cost report from eHealthInsurance, premiums have increased by between 39%-56%.

More from The Washington Examiner:

Americans buying health insurance outside the new Obamacare exchanges are being forced to swallow premiums up to 56 percent higher than before the health law took effect because insurers have jumped the cost to cover all the added features of the new Affordable Care Act.

According to a cost report from eHealthInsurance, a nationwide online private insurance exchange, families are paying an average of $663 a month and singles $274 a month, far more than before Obamacare kicked in. What’s more, to save money, most buyers are choosing the lowest level of coverage, the so-called “bronze” plans.

In California, for example, some families are paying a high of $2,604 a month and in New York, $1,845.

His firm’s price index also gives an average age for singles buying plans, and the results are worrying for insurers and the Obama administration. That’s because the average age is 36, older than the administration had hoped for.

The demographic issue is a huge ticking time bomb, something I previously highlighted in my piece: Humana Warns of “‘Adverse ObamaCare Enrollment Mix.”

Moving along, while we are well aware of the financial disaster Obamacare represents for those not participating, what about those who are in (or at least think they are in) the program?

Let’s look at the story of one Las Vegas man who paid his Obamacare premiums since November yet remains uncovered and now has a $407,000 hospital bill nobody is covering.

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South Carolina is About to Pass a Bill to Nullify ObamaCare

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While we all know that the disaster that is ObamaCare is extremely unpopular throughout the country, South Carolina is leading the charge to actually nullify the legislation. House Bill 3101 already passed the state House back in April by a wide margin, and is set to be voted on in the state Senate in January. It is widely expected to pass and then be signed into law by Governor Nikki Haley.

If that happens, it would set up a huge states rights victory and likely encourage other states to follow suit. It will be extremely interesting to see how the feds respond to this…

From the Daily Caller:

A bill set for fast-track passage in the South Carolina Senate in January aims to eliminate Obamacare in the state. The law could become a model for other states fed up with the federal health-care law.

House Bill 3101, titled the “South Carolina Freedom of Health Care Protection Act,” passed the state House of Representatives last April by a 65-34 vote. The bill now heads to the GOP-controlled Senate with special-order priority, setting up the likelihood that South Carolina will become the first state to exempt citizens and businesses from all participation in the Affordable Care Act.

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Darden Restaurants to Slash Worker Hours Due to ObamaCare

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Darden Restaurants is a huge company.  It owns Olive Garden and Red Lobster amongst many others, so when this company decides it will start cutting hours due to the imminent implementation of ObamaCare, you had better listen.  From the Orlando Sentinel: Darden, the world’s largest casual-dining company and one of the nation’s 30 largest employers, … Read more