The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.
Showing posts with label Affordable Care Act (ACA). Show all posts
Showing posts with label Affordable Care Act (ACA). Show all posts

Wednesday, October 9, 2013

Elizabeth Warren: Government Shutdown And A Senator Who Works For The People And For The Nation

The current budget/debt kerfuffle in Washington DC is starting to have impact in each segment of the nation and impact on each of us as a people. The GOP charged into a battle they could not win!  Party leadership (including eight month Senator Ted Cruz) decided to take the nation hostage via saber-rattling on defunding the Affordable Care Act. It is obvious the strategy did not provide desired results. But, the 113th Congress is in session, never fret, they simply changed the marching orders. The GOP has again taken the nation hostage via denial of raising the debt ceiling. Take a look at market performance in 2011 after John Boehner cowered to his 'red meat' tea party caucus and backed out of a debt ceiling deal with President Obama.

Notice the DIJA as President Obama took office in the winter of 2009 and the impact of the Stimulus starting in March/April 2009, and Dow performance through the late summer and fall of 2011. The GOP "rebel yell" as we moved through the summer of 2011 was, "Shut-er-down." 


Video highlight of longstanding intent to shutdown the federal government:

Pence March 2011.....The Party is over for liberals in Washington DC..."Shut it down."

2011 video montage...."Shut it down."

McConnell, Mike Lee and others ..."Shut it down."
The shut down is critical to national health and it is being "played" as a form of sport for uber wealthy conservatives via their elected minions.

The debt ceiling relates to money we owe our creditors. While calling the process "debt ceiling" probably confuses people, the process is integral to our national well-being. Hell, the name must also mislead GOP politicians; they seem to view the process as a form of political campaign. The party on the Right has bantered shutting down the government since the first debt limit increase request after President Obama took office. 

As a world leader we must pay our debts in order to maintain "full faith and credit" of the nation.  "Full faith and credit" is far more serious matter than who sits in the White House or which party has a majority in the chambers of congress.

  1. Definition

    An unconditional commitment to pay interest and principal on debt, usually issued or guaranteed by the U.S. Treasury or another government entity.

The New York Times recently published a piece related to Koch brothers partnering with Ed Meese on obstruction to Obamacare. It is important to note, after the fight against Obamacare moved to third tier after the October 1st, ACA enrollment period commenced. The level of interest in the ACA, may have provided a beacon of light for the GOP. We should also not overlook polls indicating major dissatisfaction with holding the economy hostage over the ACA. In any case GOP has nonchalantly moved their hostage taking to the debt ceiling and rumor has it, nipping at entitlement programs, again. 

Newly elected Senator Elizabeth warren addressed the pending Government shutdown in a most direct manner. A manner very uncharacteristic for a sitting senator: she named names!  Watch at the 4:00 minute mark of the following video.

Senator Warren breaks the Washington DC protocol mold, now doesn't she?

Monday, August 5, 2013

ObamaCareFacts......Dispelling The Myths I

We are going to repost information about the Affordable Care Act from the webpage.  There is no substitute for actually visiting the webpage. Our efforts are focused on reaching the person who may not have time to comb through the encyclopedic Obamacarefacts webpage. Some information appears a bit dated as we have confirmation "death panels" are not part of the ACA. 

The Following Are Some Common Myths About Obama's Health Care Reform

New ObamaCare myths are coming out every day. Keep checking back as we fact check the rhetoric.

ObamaCare Myth: Obamacare Means Higher Premiums
One of the most wide spread ObamaCare myths is that ObamaCare increases insurance premiums. While many Americans have seen their health insurance premiums rise since the passing of the new health care law, blaming "ObamaCare" is an over simplification of the truth. ObamaCare actually stops insurance companies from raising premiums on sick people and people with preexisting conditions. It also adds a number of consumer protections and cost-cutting measures that help to decrease the growing rate of health insurance.
One of the major aims of the program is to make insurance more affordable the tens of millions of Americans who could not previously afford insurance. One of the ways ObamaCare helps to lower insurance premiums is by letting low and middle income Americans shop for health insurance on the "insurance exchanges", an online market wherehealthcare providers offer affordable quality healthcare to compete to be your healthcare provider.
A recent CBO report shows that ObamaCare is projected to lower most Americans insurance premiums by 5 - 7%. That being said some Americans, especially families above the 400% FLP mark are projected to pay more forinsurance as are those who purchase high-cost plans. Regardless of this, the average cots of insurance is going down, while the rate at which costs are rising is being curbed.

Despite the best intensions and consumer protections offered by the new health care law (such as insurance companies being required to justify rate hikes of a certain amount to the State for approval), it has not preventedinsurance companies are raising rates to compensate for costly aspects of the program such preexisting conditions reform.

ObamaCare Myth: Obamacare Means Higher Taxes
Most Americans will save thousands of dollars a year on medical costs and taxes. In fact ObamaCare includes the biggest middle class tax cut to health insurance in our nation's history by lowering premiums for the average family (primarily low and middle class Americans). While there are a few taxes that may impact Americans above 133% of the poverty level, the only one that impacts them directly is the "tax penalty". The "penalty" (officially a tax) is levied on Americans who don't purchase insurance and is taken off on your income tax.

An important ancillary effect of the new health care taxes is the mandate that employers with over 50 full-time employees offer health insurance to those employees. This has caused some employers to cut workers hours.
The only people who are affected by the 3.8% tax you hear about are about 3% of businesses and 140,000 of Americas richest families with income over $250k and capital gains over $250k. - See ObamaCare Taxes for More info and Myth debunking on taxes.

In other words, ObamaCare provides 99% of families and 97% of small businesses with better quality healthcare for less money.

ObamaCare Myth: Lower Wage / Fewer Jobs
The biggest job creators are small businesses with under 10 employees, next is under 20, next is under 30 employees (it goes on from there). These businesses can receive tax credits to help ease the burden of providinghealth insurance to their employees. Small businesses have historically had the hardest time providing coverage and affording it for themselves.
Only businesses with over 50 employees who don't already provide health benefits to their full-timers will be affected. These businesses account for .2% of the population. While employees of some of those companies may have their hours cut to part time in order for employers to avoid paying a penalty, ObamaCare actually creates millions of jobs, including tens of thousands of new health care jobs, 16,000 new IRS jobs as well as many more private-sector jobs (especially in small businesses with under 25 employees) and other government jobs.

Most of the top 3% of small businesses polled said that the idea that ObamaCare would affect their job growth or hiring process was an "ObamaCare myth".
Although ObamaCare doesn't directly result in job loss, companies are cutting back hours of full-time workers to below 27 hours in order to avoid providing them with healthcare. These companies are, expectedly major chains (we will provide a list shortly, please write us if this has happened to you) and Government jobs.

ObamaCare Myth: Death Panels
The concept of death panels, panels that provision health care and decide if you will live or die, is an ObamaCare myth. There is, however, financial advisory panels that studies treatments to keep health care costs down. There was a provision in the health care bill that had to be removed due to this rumor. The provision would have paid doctors for providing voluntary counseling to Medicare patients about wills and end-of-life care options. Removing the provision did, ironically, hurt seniors. That fact is, your health care is in the hands of you and your doctor. ObamaCare regulates insurance not health care.

Read more "Myths"


Saturday, April 27, 2013

2013 Commonwealth Fund Report On The ACA: The Young Are Increasingly Being Covered.

What the Affordable Care Act Means if You Are... (Click here for larger and zoomable view)
Time Dot Com

If you follow the news on a regular basis two news items continue to evolved around cable network new rooms (e.g., Fox News and CNN) and certain print media like planets orbit the Sun.  Reports and stories of CEOs who continue to resist implementing ObamaCare and the reasons false reasons given for their obtuse anti-healthcare reform acts. Other networks and print media cover those stories, but the news entities also cover and report on studies that show the positive impact of the Affordable Care Act (ACA). 

The Price of Being Uninsured (interactive Infographic)

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Intro text
Interactive Graphic: The Price of Being Uninsured - The Commonwealth Fund

On Friday April 16, 2013 The Commonwealth Fund released a detailed study of the impact of the ACA on specific sectors of the population. The survey was developed with a focus on age groups 19 - 64 and employment status. 

The Commonwealth Fund

The Commonwealth Fund, among the first private foundations started by a woman philanthropist—Anna M. Harkness—was established in 1918 with the broad charge to enhance the common good. 
The mission of The Commonwealth Fund is to promote a high performing health care system that achieves better access, improved quality, and greater efficiency, particularly for society’s most vulnerable, including low-income people, the uninsured, minority Americans, young children, and elderly adults. 
The Fund carries out this mandate by supporting independent research on health care issues and making grants to improve health care practice and policy. An international program in health policy is designed to stimulate innovative policies and practices in the United States and other industrialized countries.
Findings from the Commonwealth Fund 
Biennial Health Insurance Survey, 2012
Sara R. Collins, Ruth Robertson, Tracy Garber, and Michelle M. Doty
APRIL 2013

Commonwealth Fund ABSTRACT 

The major insurance coverage provisions of the Affordable Care Act go into effect in January 2014, providing new insurance options for people without health insurance and insurance market protections for consumers. The Commonwealth Fund Biennial Health Insurance Survey of 2012 finds that the reform law has significantly increased health insurance coverage of young adults. But the findings also underscore why it is critical that implementation continue on schedule. Nearly half (46%) of adults ages 19 to 64, or an estimated 84 million people, did not have insurance for the full year or were underinsured and unprotected from high out-of-pocket costs. Two of five (41%) adults, or 75 million people, reported they had problems paying their medical bills or were paying off medical debt. And more than two of five (43%), or 80 million people, reported cost-related problems getting needed health care.

ACA and Commonwealth Fund highlights:

 January 2014, major ACA provisions go into effect:  "new options for people who do not 
have insurance and sweeping new protections for those who buy health plans on their own."

Number of young uninsured moderately dropped: "...young adults, ages 19 to 25, who 
were uninsured for any time during the prior year fell from 48 percent in 2010 to 41 percent in 2012 (a decline of 1.9 million)." (See Chart 1 below)

Significant numbers of young adults have secured coverage under ACA: :...nearly 8 of 10 
(79%) young adults reported that they were insured at the time of the survey in 2012, up from 69 percent in 2010, or a gain in health insurance coverage for an estimated 3.4 million young adults."

ACA legislates coverage of adults up to age 26 with parenting requirements (coverage up to age 26): "...reversal in a decade-long upward climb in the number of uninsured young adults."