White House Floats ‘Public Option’ To Fix Obamacare
by Charlie Spiering
Oct. 19, 2016
The Obama administration says a public option may be required to fix ObamaCare, which is facing skyrocketing premiums and seeing major insurance companies cutting their plans.
“Added competition in all 50 states would, we believe, have the effect of further challenging private health insurance companies to improve their offerings and reduce their prices,” Earnest said during the White House press briefing on Wednesday.
Obama is planning to deliver a major speech about Obamacare in Miami, Florida on Thursday, where he is expected to address some of the growing problems with his signature legislative achievement.
But Earnest admitted that despite Obama’s proposed solutions, it would be up for the next president to offer a solution.
“Maybe the next batch of members of Congress will and hopefully we’ll have a president, like the candidate that President Obama has endorsed, who is determined to build on the remarkable success of the Affordable Care Act,” he said.
In remarks that Obama made on October 20 in Miami, Florida, he proposed:
1) States expand Medicaid. Currently, the federal government pays states for a specified percentage of program expenditures, called the Federal Medical Assistance Percentage (FMAP). FMAP varies by state based on criteria such as per capita income. What happens when the federal Medicaid assistance is slashed because the federal government is broke or our national loans are called for repayment by China or other loan holders?
2) Since overall health care costs have turned out to be significantly lower than everyone expected since we passed Obamacare, since that’s saved the federal government billions of dollars, we should use some of that money, some of those savings to now provide more tax credits for more middle-income families, for more young adults to help them buy insurance. CNS report “Obamacare Was Supposed to Lower Health Care Costs, But Has It?” “…the health care cost curve is still on an upwardly mobile trajectory. It is fueled by sharp increases in both public and private health care spending.”
3) The third thing we should do is add what’s called a public plan fallback. –Federal government-run insurance option– Most countries that have country run insurance have shut down other options. Leaving those not able to afford at the mercy of the “state” with extremely long wait times for all phases of assistance and poorer quality of medical innovations or in-house equipment and supplies.
4) Encourage state innovation of health insurance. This at a time when most states are struggling with so many issues such as loss of revenue thanks to piss poor trade agreements made by Obama? Or a massive drain on treasuries thanks to his dumping far too many refugees in cities, counties across the state who are handed all manner of welfare assistance free and gratis?
Obamacare ‘mastermind’ sends chills down spines with totalitarian ‘fix’ to failing health care law
by Tom Tillison
October 27, 2016
MIT economist Jonathan Gruber, widely seen as the architect of Obamacare, was asked Monday how to fix the collapsing health care mandate and like a true liberal, the professor prescribed more of the same bad medicine.
In response to reports that health care premiums will go up sharply next year, Gruber was asked by CNN host Carol Costello for one fix that could be applied to Obamacare that would drive premiums down.
“There’s no sense in which this has to be fixed… the law’s working as designed,” he said. “However, it could work better and I think probably the most important thing experts would agree on is that we need a larger mandate penalty.”
Seriously, this idiot that crowed about fooling the stupid citizens thinks it is needful to increase the penalty on people if they do not take out Obamacare? Correct me if I am wrong, but wasn’t the minor skirmish called “The American Revolution” based on the rejection of totalitarianism and taxation penalties unfairly levied by an absentee landlord? This guy should have already been serving time in a looney bin for his dimwit remarks or better yet have been taken behind the woodshed and reminded how it feels to be treated as garbage.