{"id":516610,"date":"2010-04-05T18:49:41","date_gmt":"2010-04-05T22:49:41","guid":{"rendered":"http:\/\/www.szone.us\/f95\/side-effects-obamacare-fueling-higher-insurance-costs-41859\/"},"modified":"2010-04-05T18:49:41","modified_gmt":"2010-04-05T22:49:41","slug":"side-effects-obamacare-fueling-higher-insurance-costs","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/516610","title":{"rendered":"Side Effects: Obamacare Fueling Higher Insurance Costs"},"content":{"rendered":"
On 04.05.10 08:00 AM posted by Kathryn Nix<\/p>\n

\n<ahref="http:\/\/blog.heritage.org\/tag\/side-effects\/">\"\"<\/p>Despite <ahref="http:\/\/voices.washingtonpost.com\/ezra-klein\/2009\/11\/cbo_estimates_that_senate_heal.html">all <ahref="http:\/\/www.speaker.gov\/newsroom\/legislation?id=0361">the <ahref="http:\/\/www.barackobama.com\/pdf\/issues\/HealthCareFullPlan.pdf">talk about how Obamacare would lower health care costs, it\u0092s already becoming clear that it just won\u0092t be the case.<\/p>\n

<ahref="http:\/\/www.indystar.com\/article\/20100330\/BUSINESS03\/3300336\/Insurance-premiums-outrun-reform">The Indianapolis Star reports that companies can expect employee health insurance costs to rise even faster. \u0093Driven by worries about the economy and possibly the effects of health-care reform, [health insurers] are raising rates this year for family coverage through employer-sponsored plans\u0085 from 8 percent to 21 percent, which is considerably higher than the 5 percent increase the Kaiser Family Foundation reported in 2009.\u0094<spanid="more-30559"><\/span><\/p>\n

Employers will undoubtedly pass the price hikes on to their employees or switch to less expensive plans with higher deductibles, lesser coverage or both.* Those outcomes aren\u0092t exactly hallmarks of successful health care reform.<\/p>\n

The Obamacare legislation <ahref="http:\/\/blog.heritage.org\/wp-content\/uploads\/timeline_chart3-26final.pdf">contained numerous \u0093reforms\u0094 (PDF)*that can\u0092t help but escalate costs or lower benefits for those who get their health coverage through their jobs. In addition to the new taxes on high-value \u0093Cadillac\u0094 health insurance plans, there are increases in the Medicare Part A hospital insurance tax for high earners.* And there are broad fees on the pharmaceutical and insurance industries that will be passed on to consumers at all income levels.<\/p>\n

During his final push to win passage of the health bill, President Obama <ahref="http:\/\/www.americanthinker.com\/blog\/2010\/03\/obama_you_will_see_premiums_fa.html">told a crowd in Strongsville, Ohio, that premiums would \u0093fall by as much as 3,000 percent\u0094 under his plan. The evidence rolling in shows that the President not only misspoke, he got the entire direction of premium costs under Obamacare exactly wrong.<\/p>\n

Heritage has long promoted putting health coverage decisions in the hands of patients, not government bureaucrats.* To learn more on how to do that, <ahref="http:\/\/www.heritage.org\/Research\/Reports\/2009\/10\/Health-Care-Reform-Rational-Alternatives-to-the-Congressional-Leadership-Bills">click here.<\/p>\n

http:\/\/blog.heritage.org\/2010\/04\/05\/…surance-costs\/<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

On 04.05.10 08:00 AM posted by Kathryn Nix <ahref="http:\/\/blog.heritage.org\/tag\/side-effects\/"><\/p>Despite <ahref="http:\/\/voices.washingtonpost.com\/ezra-klein\/2009\/11\/cbo_estimates_that_senate_heal.html">all <ahref="http:\/\/www.speaker.gov\/newsroom\/legislation?id=0361">the <ahref="http:\/\/www.barackobama.com\/pdf\/issues\/HealthCareFullPlan.pdf">talk about how Obamacare would lower health care costs, it\u0092s already becoming clear that it just won\u0092t be the case. <ahref="http:\/\/www.indystar.com\/article\/20100330\/BUSINESS03\/3300336\/Insurance-premiums-outrun-reform">The Indianapolis Star reports that companies can expect employee health insurance costs to rise even faster. \u0093Driven by worries about the economy and possibly […]<\/p>\n","protected":false},"author":4292,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-516610","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/516610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4292"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=516610"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/516610\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=516610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=516610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=516610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}