Sunday, September 25, 2011

Obamacare: A Shovel Ready Project TODAY...
ObamaCare Pulse Check
ObamaCare Continues To Exhibit Its Flaws … What We’ve Learned
THE NUMBER OF UNINSURED AMERICANS HAS INCREASED SINCE OBAMACARE WAS SIGNED INTO LAW
“The Percentage Of Uninsured 26- To 64-Year-Olds, However, Continues To Increase, Rising To A High Of 19.9% In The Second Quarter Of This Year. Among All Americans, 17.4% Reported Being Uninsured In The Second Quarter Of The Year.” (Elizabeth Mendes, “Fewer 18-To-25-Year-Olds Uninsured,” Gallup, 9/21/11)
PREMIUMS ARE GOING UP
Recent Study Finds That Premiums Offered Through Small Businesses In Ohio Could Increase 5 To 15 Percent While Large Employers Premiums May Increase 3 To 5 Percent. (Catherine Candisky, “Insurance Premiums Expected To Increase, Report Says,” The Columbus Dispatch, 9/20/11)
·       Ohioans Who Buy Individual Insurance Policies Could See Their Premiums Jump 55 To 85 Percent In 2014 When Key Provisions Of The New Federal Health-Care Law Kick In, According To A New Report. Rates Also Are Expected To Increase For Those With Employer-Sponsored Coverage But Not Nearly As Much.” (Catherine Candisky, “Insurance Premiums Expected To Increase, Report Says,” The Columbus Dispatch, 9/20/11)
To Counter Rising Health Care Costs, Employers Are “Raising Deductibles, Increasing Paycheck Contributions, And Moving Employees To Lower-Cost Health Plans. (Deborah Brunswick, “Health Insurance Costs To Rise Again Next Year,” CNN Money, 9/22/11)Employees Across America Are Paying More For Their Health Care. (Deborah Brunswick, “Health Insurance Costs To Rise Again Next Year,” CNN Money, 9/22/11)

Know the TRUTH about the Government Health Care Bill H.R.3200 - Key Points
Wikipedia Version
http://en.wikipedia.org/wiki/Patient_Protection_and_Affordable_Care_Act
Obamacare Watch

Here is the start to read it yourself from the Government Printing Office
OBAMACARE IS DETRIMENTAL TO THE JOB MARKET
UBS Investment Research: “Arguably The Biggest Impediment To Hiring (Particularly Of Less Skilled Workers) Is Health Care Reform, Which Has Added The Drawback Of Straining State And Federal Budgets.”(UBS, “Great Suppression II,” UBS Investment Research, 9/19/11)ObamaCare Is Hampering Small Businesses From Expanding. (UBS, “Great Suppression II,” UBS Investment Research, 9/19/11)
Obama’s Own Small Business Administration Study Finds That ObamaCare’s Health Insurance Tax Credit May Not Spur Small Businesses To Offer Health Care. (Janean Chun, “Is The Tax Credit Enough To Boost Small Business Health Care?” The Huffington Post, 9/20/11)
 OBAMACARE’S “UNDERFUNDED” CLASS PROGRAM IS IN JEOPARDY
The Future Of ObamaCare’s “Underfunded” Community Living Assistance Services And Supports Program (CLASS) Has Been Put On Hold, Raising Uncertainty Of The Future Of The Program. (Ricardo Alonso-Zaldivar, “Obama Administration Shelves Long-Term Care Insurance Plan For Workers,” The Associated Press, 9/22/11)
CLASS Actuary Loses His Job And The Rest Of The CLASS Staff Are Being Reassigned In The HHS. (Janet Adamy, “Long-Term Care Program In Jeopardy,” The Wall Street Journal’s Washington Wire,” 9/22/11)
·       CLASS Actuary Bob Yee: “My Understanding Is They’re Slowing Down The Development. They’re Taking A Pause And Reducing The Amount Of Work Being Done. " (Janet Adamy, “Long-Term Care Program In Doubt,” The Wall Street Journal, 9/23/11)
HHS Denied The CLASS Office Was Closing And Maintained That The CLASS Program “Will Only Be Implemented If It Is Fiscally Solvent, Self Sustaining, And Consistent With The Statute(Janet Adamy, “Long-Term Care Program In Jeopardy,” The Wall Street Journal’s Washington Wire,” 9/22/11)
But The Medicare Chief Actuary Richard Foster Had Warned That The CLASS Program Was “Unworkable” Back In 2009. (Ricardo Alonso-Zaldivar, “Long-Term Care Plan Alarms Ignored,” The Associated Press, 9/14/11)
  • To Be Financially Sound, The CLASS Program Would Have To Enroll “More Than The Entire U.S. Workforce.” “Foster said a rough outline of the program would have to enroll more than 230 million people – more than the U.S. workforce – to be financially feasible.” (Ricardo Alonso-Zaldivar, “Long-Term Care Plan Alarms Ignored,” The Associated Press, 9/14/11)
Causing Future Uncertainty To ObamaCare’s CLASS Program, The Senate Appropriations Committee Passed FY2012 Budget With No Monies Appropriated To The Program Despite Obama’s $120 Million Request To Carry Out The Program. (Janet Adamy, “Long-Term Care Program In Doubt,” The Wall Street Journal, 9/23/11) Research: www.gop.com and  American Freedom,Admin Staff