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ObamaCare's Ever-Rising Price Tag - Voters will understand plenty about the hidden costs of the law by November.

Von: Leroy N. Soetoro (leroysoetoro@usurper.org) [Profil]
Datum: 05.06.2010 03:35
Message-ID: <Xns9D8DBD16D97576F089P2473@202.177.16.121>
Newsgroup: alt.politics.obamatalk.politics.misc alt.politics.democrats.d alt.health alt.politics.usa.republican
http://online.wsj.com/article/SB10001424052748703561604575282482320389198
.html?mod=WSJ_hp_mostpop_read

White House Senior Adviser David Axelrod argued earlier this year that
health-care reform would become more popular after it passed, boosting
Democrats in the midterm elections. "We have to go out and sell it," he
told the National Journal, adding in an interview in Newsweek that
"people [will] see the benefits that accrue to them."

That's not quite how it has worked out. ObamaCare is becoming more, not
less, unpopular. The Rasmussen poll reported the week after health
reform's passage in March that 55% of likely voters supported its repeal
while 42% did not. A Rasmussen poll last month showed that 56% backed
repeal; 39% did not.

Some may argue that President Obama has been able to extol the
legislation's supposed virtues only sporadically, instead having to
confront other challenges from the Gulf oil spill to foreign policy
controversies. But the real problem is ObamaCare's substantive defects,
some only now coming to light. Consider the April 22 analysis by
Medicare's chief actuary, Richard Foster, which blasted to smithereens
many of Mr. Obama's claims for the bill.

For starters, Mr. Foster estimated Americans would pay $120 billion in
fines for not having adequate insurance coverage and that 14 million
people would lose their coverage as rising costs led companies to dump
it. Those effects are not in keeping with Mr. Obama's promises that if
people liked the health insurance they had they could keep it, and that
the reforms would provide universal coverage.

Finding it hard to cover costs under the bill's formulas, according to
Mr. Foster's analysis, doctors would refuse new patients and one out of
every six hospitals and nursing homes could start operating in the red.
And while Medicaid would cover 16 million more people, there might not
be enough doctors to treat them.

Because of new taxes, Mr. Foster rightly claimed that sick people would
face "high drug and device prices" and everyone would pay higher
premiums—again, exactly the opposite of what Mr. Obama said.

Then in May, the Congressional Budget Office updated its cost
projections. It found that the new health legislation would cost $115
billion more than estimated when it was enacted.

That's not the end of the bad news. October will see the first round of
Medicare cuts. Up to half of seniors will lose their Medicare Advantage
coverage (a program that allows seniors to receive additional services
through a private health plan), or at least some of their benefits under
this program. Watch for the administration to try to keep companies from
notifying their customers of benefit cuts or premium increases before
the election. Meanwhile, the Daily Caller website reported yesterday
that the administration has missed deadlines for issuing four sets of
regulations specified by the bill and lacks a master time-line for the
other required regulations.

Drug and medical device companies are already making provisions for the
new taxes that kick in next year. This means less investment in plants
and equipment and smaller R&D budgets. Big layoffs, especially in the
pharmaceutical industry, will result as companies confront this
expensive new reality.

All of this represents a great political challenge to the administration
and the Democratic Party this fall. Doctors, nurses and hospital workers
impacted by health-care reform's adverse effects will speak more often
to more people and with greater passion and credibility than will the
president and his allies. So too will the millions of people who work
for insurance companies, drug companies, device manufacturers and other
health-care providers.

Then there are employers and their workers. According to a survey by
Towers Watson, a human resources consulting firm, 88% of companies plan
to pass on increased health-care benefit costs to employees, 74% plan to
reduce benefits, and up to 12% will drop all coverage for employees.
Retirees won't fare well either: 43% of employers that now provide
retiree medical benefits are likely to reduce or eliminate them thanks
to the new health legislation.

Employers will not wait until the last moment to spring changes on their
workers. They understand it is in their best interest to fully educate
employees about the ramifications of the new health-care bill. Many have
already begun helping employees understand why companies are being
forced to make inevitable changes.

The health-care concerns of millions of Americans will ripple through
the electorate before November. When joined with other voter concerns on
jobs, spending and deficits, these ripples are likely to create what
analysts call a "wave" election, which will wash away effective
Democratic control of Congress.

Mr. Rove, the former senior adviser and deputy chief of staff to
President George W. Bush, is the author of "Courage and Consequence"
(Threshold Editions, 2010).


--
Nancy Pelosi, Democrat criminal, accessory before and after the fact, to
House Ways and Means Committee Chairman Charles B. Rangel of New York's
million dollar tax evasion.  On February 25, 2010, the House ethics
committee has concluded that Ways and Means Committee Chairman Charles
B. Rangel knowingly accepted Caribbean trips in violation of House rules
that forbid hidden financing by corporations.  Democrat criminal Nancy
Pelosi is deliberately ignoring the million dollar tax evasion of
Democrat Charles Rangel.

House Speaker Nancy Pelosi had to be forced to remove Charles B. Rangel
from the House Ways and Means Committee.

Felony President.

Obama violated the law by trying to buy Joe Sestak off with a political
appointment in exchange for not pursuing an election bid to replace
Arlen Specter.  Obama violated the law by trying to buy former Colorado
House Speaker Andrew Romanoff off last fall to see if he'd be interested
in an administration job -- instead of running against Sen. Michael
Bennet.

18 USC, Sec. 600. Promise of employment or other benefit for political
activity

Whoever, directly or indirectly, promises any employment, position,
compensation, contract, appointment, or other benefit, provided for or
made possible in whole or in part by any Act of Congress, or any special
consideration in obtaining any such benefit, to any person as
consideration, favor, or reward for any political activity or for the
support of or opposition to any candidate or any political party in
connection with any general or special election to any political office,
or in connection with any primary election or political convention or
caucus held to select candidates for any political office, shall be
fined under this title or imprisoned not more than one year, or both.

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