Well, At Least We Get Better Hospital Food

You just have to love the propaganda that the Obama friendly sources crank out. Yahoo Finance projects a “6 of one, half a dozen of the other” view:

There’s no way to tell now how well reform will work, but there are some trends – both positive and negative – we’re seeing already and expect to see when the law’s remaining provisions roll out.

Why, there is just no way that we can know how this will work out but just look at the “positive and negative” aspects:

1. Young, healthy adults won’t buy coverage

The Obama administration aims to enroll at least 2.7 million young adults – a group that’s historically been uninsured at higher rates than other age groups – through the exchanges for coverage in 2014. But there are indications that 20-somethings won’t be buying in and will instead opt to pay the penalty. (The penalty is $95 per person for 2014 or 1% of yearly income, whichever is higher. In 2016 it increases to 2.5% of income or $695.)…

2. Uptick in early retirement

With health costs in retirement topping $200,000, according to some estimates, many Americans find they have to keep working just for the employer-sponsored insurance (workers can’t sign up forMedicare until age 65). According to a January report from the Employee Benefits Research Institute, 19% of retirees said they had worked longer than they would’ve liked to in order to continue receiving employer-sponsored insurance…

They say this like it is a good thing but it just puts more pressure on Social Security.

3. Some people won’t find their current plans on exchanges

Beginning in 2014 insurance sold to individuals and small businesses on an exchange must be at one of four “actuarial value levels”: 60% (bronze plan), 70% (sliver), 80% (gold) and 90% (platinum). This means, for example, the bronze plan covers 60% of medical expenses. The higher the actuarial value, the lower the out-of-pocket costs and higher premiums paid by the consumer. So platinum plans would have the highest monthly premiums and lowest out-of-pocket costs, but the plan will pay more of the costs if you need a lot of medical care…

4. Better hospital food

Banana-nut pancakes and rack of lamb for your hospital stay, courtesy of Obamacare? A Kaiser Health News and USA Today report this week found that hospital administrators are paying more attention to food service in an effort to boost patient satisfaction ratings. Under the ACA, since last year Medicare began paying hospitals based partly on their these ratings, essentially tying patients’ assessments on everything from room tidiness to nurse availability to payments. Medicare has been publishing patient-satisfaction scores on its Hospital Compare website since 2008, but hasn’t used them to adjust payments

5. Surprise tax bills

A key ACA provision provides tax credits to low- and middle-income consumers to help them purchase coverage on the exchanges. The subsidies are available to those with incomes of up to four times the federal poverty level – which this year is $45,960 for an individual or $94,200 for a family of four. The lower your income, the bigger the subsidy. A potential snag is that eligibility for a subsidy can change year to year if your income fluctuates…

But at least we get better hospital food.

3 thoughts on “Well, At Least We Get Better Hospital Food

  1. I’m surprised that healthcare providers aren’t figured in to the equation. How about these physicians that are opting out of Obamacare and starting cash-only clinics? If that becomes a growing trend, I would imagine that it will have a huge impact on the affordability of the unaffordable healthcare tax. Thankfully, Augger sees me in exchange for voice lessons. I should post a video of his progress…..

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