November 19 2012

The Young, the Old, the Poor, and the Economy: ObamaCare’s Likeliest Casualties

Vicki E. Alger

 

The promise of universal coverage will be little comfort to those who can’t access healthcare once ObamaCare goes into effect, according to Galen Institute President Grace-Marie Turner. As she explains in the Heartlander:

The law calls for spending $2.6 trillion over the next 10 years to provide health insurance to as many as 30 million more people. But the law is so contrary to our economy and culture that millions of people will find access to medical care becomes worse than before the law passed. …

Obama’s law will make it more difficult for lower-income Americans enrolled in Medicaid to get care, by overloading the program. The sickest of those on Medicaid today will have an even harder time finding a physician to see them. …

More than 11 million seniors have selected the popular Medicare Advantage plans, and many are at risk of losing their coverage because of ObamaCare’s $156 billion in cuts to the program….

And all seniors will have a more difficult time finding a physician because of the $716 billion in cuts that the health care law makes to Medicare, using it as a piggybank to pay for a massive expansion of entitlement programs….

One of the provisions of the health care law the Obama administration touts most enthusiastically is the requirement that employers who offer dependent coverage allow employees to add their 26 year old “children” to their policies. This rule is causing huge losses of coverage among children whose parents or guardians were buying health insurance policies for them on their own….

Dependents who are on a breadwinner’s policy today could lose their coverage and not be eligible to get insurance through the new exchanges because of IRS rules interpreting whether care is “affordable” to workers.

On top of that, ObamaCare will impose more than a half trillion dollars in new taxes—and leave 30 million more people uninsured. I’m not seeing the “affordable” part in the President’s Affordable Health Care for America Act.

Quite a far cry from the Federal Employees Health Benefits (FEHB) Program, which boasts: “Federal employees, retirees and their survivors enjoy the widest selection of health plans in the country.” (See here, here, and here, too)

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