WASHINGTON, D.C. – A report from the Society of Actuaries offers the sobering reality of where health care costs are headed under Obamacare over the next four years. According to the report, insurers will pay on average 32 percent more on individual health policies and will most likely pass that cost on to the consumers of those policies. Actuaries use statistics and economic theory to make long-range cost projections for insurance and pension programs sponsored by businesses and government. A few areas will likely see lower medical claims cost, but the majority of states are
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The Chief Medical Officer of the American Cancer Society is disputing the prevailing explanation for runaway health care costs. Dr. Otis Webb Brawley suggests insurance companies aren’t the only parties guilty of our current heath care cost debacle. When President Obama signed the Patient Protection and Affordable Care Act, Americans were told the PPACA would
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Even as the new Congress is moving quickly to seek to repeal (or at least defund) large sections of the new health care bill, our government is expanding to enact its first phases. In releasing its budget, the Internal Revenue Service wrote the following: “The ACA [Affordable Care Act] will require additional resources to build
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It’s not like we didn’t see the handwriting on the wall. The democrats didn’t fool us one bit with their 2700+ page health-care bill that they said they had to pass in order for us to find out what was in there. When someone won’t tell you what they’re doing, it’s a sure sign they’re
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Our privacy rights have been under siege for a while and, with the passage of the Stimulus Bill, the nanny-state government has taken a huge leap forward in its quest to control all medical information once held in the confines of the doctor-patient relationship.  This major attack by big government on medical privacy is now
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Politicians have spent the last few weeks patting each other on the back, making self-aggrandizing speeches and generally acting like they have just finished writing the Constitution. The passing of Obama’s health care reform bill is being hailed as the hand that will save Americans. Unfortunately, there are several holes in the plan’s architecture and
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