Archive for March 7th, 2017

Remember when an ObamaCare architect called you stupid?

March 7, 2017

Let’s flashback to a November 2014 post ….

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Even if you believe that “the end justifies the means”, this has gotta make your skin crawl.

Some background: Prof. Jonathan Gruber is an MIT economist who helped on RomneyCare in Massachusetts and was one of the primary architects of ObamaCare.

He was caught on video  speaking quite frankly about the crafting of ObamaCare.

His basic message:

“The bill was written in a tortured way … to be sure that the CBO didn’t score the mandate as a tax …  otherwise the bill would die … so, it was written to do that.

With regards to the subsides … if people figured out that healthy pay in to give sick people money, it wouldn’t have passed … lack of transparency is a huge political advantage.

Basically, call it the stupidity of the American voter or what … that was critical to getting the bill to pass … yeah, it would be better to be transparent, but I’d rather have this law than not.”

Watch the video … it’s even more chilling to hear Prof. Gruber say the words: Obfuscate and bank on American stupidity.

How do these guys sleep at night?

 

 

P.S. Another Gruber video got some wide play..

He’s on tape saying that the specific language in the bill that only provided subsidies for folks going through state exchanges was intentional to motivate states to build exchanges,

ObamaCare supporters started claiming that  it was just a typo that didn’t represent intent.

The Supreme Court agreed with them … with life & death consequence for ObamaCare.

As Forrest Gump would say:” Stupid is as stupid does.”

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Remember how healthcare costs were going to drop by $2,500 for every family?

March 7, 2017

In 2016, employees paid $11,000 out-of-pocket … up $2,500 since 2012.

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Milliman – a well-regarded actuarial consulting” firm – has published an annual recap of healthcare spending since 2001.

The Milliman Medical Index tracks the total costs of providing health care to an average family of four covered by an employer-sponsored “preferred provider plan” … that’s about 155 million employees and their dependents.

The total includes the health insurance premiums paid by both the employer and the employee, as well as the actual expenditures for health care paid by the insurance plan and out of pocket by the insured family.

The big news: In 2016, the average healthcare costs for a family of 4 surpassed $25,000 for the first time … the $25,826 is triple the cost to provide health care for the same family in 2001 … and up about $5,000 since 2012.

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The bad(est) news is the increased proportion of the healthcare costs being shouldered by individual employees …

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