HolyCoast: 10 Worst Provisions of the Obamacare Bill
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Friday, March 05, 2010

10 Worst Provisions of the Obamacare Bill

The House is being asked to vote for the Senate Obamacare bill as is, with the vague promise that the problems that House members don't like will be fixed. Don't count on it to happen. Once passed it's unlikely that these fixes will go in.

Americans for Prosperity has a list of the 10 worst provisions of the bill:
Here's a refresher on the 10 Worst Provisions in this bill (H.R. 3590):

Spends Way Too Much: $2.5 trillion over the first ten years that the plan is fully implemented

Raises Taxes During a Recession: Hikes taxes $493 billion with new levies on so-called “Cadillac” plans, a new Medicare payroll tax on higher-income earners, and taxes on health insurance and drug manufacturing companies, which are sure to be passed on consumers in the form of higher premiums

Individual Mandate:
Requires individuals to carry health insurance or exacts a fine up to $750

Business Burdens: taxes employers with more than 50 full-time workers if they are not offered insurance. CBO estimates employers would opt to drop as many as 5 million workers from private insurance, and pay the fine instead of maintaining current coverage

Huge Medicaid Expansion: an estimated 40 percent expansion of the entitlement program would greatly increase costs for government and taxpayers. States would be forced to manage the increased load. However, the federal government would pick up a large share of the new cost

Insurance Companies can still Limit Benefits: Although one of the prime reasons for this entire effort was to force insurance companies to live up to their commitments, the Senate bill would only ban lifetime-benefit caps. Insurance companies can still invoke yearly limits that will have essentially the same effect

Bad for Seniors: Cuts $120 billion from Medicare Advantage, which CBO says will result in fewer seniors with access to vision, dental and flu shots. Ultimately, up to 2.6 million seniors could lose their Medicare Advantage coverage

More Bureaucracy: Creates comparative effectiveness panels, a Medicare Advisory Board and a Health Care Commissioner, all of whom would be responsible for oversight of the greatly-expanded government role in health care and invoking rationing in attempts to contain cost

Doesn’t Tackle Tort Reform: Despite the president’s commitment to lower medical liability costs, the bill only contains a “Sense of Senate” provision, with no real reforms that could save up to $54 billion over ten years

Auto-Enrollment:
Businesses with more than 200 workers will be required to automatically enroll employees in health coverage

And that's just the beginning. Don't forget the abortion funding that's part of the Senate bill.

1 comment:

Robert Fanning said...

The mandated insurance provision is likely to be challenged in court. I do not know whether this challenge would negate only the mandate provision or the whole bill, however, if it were only the mandate provision the cost to the future would be much greater. I hope that the measure will not pass the house, but that is a long shot with the intense pressure to be put on by Pelosi and friends.