Home
In this issue
December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Jan. 15, 2014 / 14 Shevat, 5774

Now Obama bailing out insurers

By Dick Morris




http://www.JewishWorldReview.com | One of the least publicized aspects of ObamaCare is its bailout of insurance companies. Far from warring against them, as Hillary Clinton did in 1993, the Obama program is their new best friend.

Robert Laszewski, a healthcare consultant, points out that ObamaCare is really a giant reinsurance program, capping the liability of health insurance companies. Under its provisions, the first $45,000 of payments to an insured patient come from the company's coffers. The taxpayer, through the federal government, then obligingly will pick up 80 percent of the remainder.

In addition, insurance companies are to estimate their payouts during the coming 12 months every year. If they miss, or the costs are greater than they supposed, the feds will pick up 80 percent of the overage. It is a kind of cost-plus deal for insurance companies.

All told, insurance companies are to get $1 trillion in subsidies over the next 10 years, a staggering amount of tax money. They will make out far better than General Motors, defense contractors or any TARP recipient banks.

As the enrollment in Obama-Care continues, and it becomes apparent that participation by young people will fall far short of the 38 percent projection the law's framers anticipated, this bailout becomes a matter of life and death for participating insurance companies. Current stats indicate about a quarter of the pool of ObamaCare customers are under the age of 30. One-third are in the dread 55-65 age group, the least healthy and most costly of the demographics covered by the program.



It's becoming increasingly apparent that the healthcare reform program has nothing to do with covering the uninsured. Eighty percent of those covered were previously insured. They moved to ObamaCare only after their current policies were shot out from under them by Health Department-forced cancellations. Indeed, surveys indicate that only about one-quarter of the uninsured have any intention of ever entering the program.

Rather, the entire plan is a gambit to switch people from private sector insurance to government-dependent coverage. The goal is socialization, not expanded coverage.

As group policies, particularly for small employers, begin to face cancellation — either because the policies are deemed inadequate or because rate hikes make them unacceptable — the ranks of insurance refugees will mount. Millions more, rendered insurance-less through ObamaCare regulations, will flee to the makeshift healthcare refugee center HealthCare.gov has become.

And they won't be happy about it.

The political fallout from the 5 million cancellations of individual policies over the past three months will be dwarfed by the storm that will arise as tens of millions find themselves denied the option of continuing the coverage they had and enjoyed. The mendacity of Obama's claim that you can keep your healthcare plan, if you like it will be exposed ever more plainly to an ever larger group of Americans.

The fallout from ObamaCare will continue and will escalate — and not just from those who are canceled. Much of the anger will be vented by those who opted into the program and signed up for coverage.

We will particularly hear from insured people who face high deductibles before they see a dime of benefits. An estimated 80 percent of the enrollees are signing up for bronze or silver plans. Do they realize that they will have to pay almost $5,000 in deductibles (bronze) or $3,800 (silver) before they get any payouts? Probably not. But they are about to find out.

Those with insurance under ObamaCare are also about to find out how fraudulent is the president's promise that they can keep their doctor or hospital. With many doctors refusing to participate in the program, the president cannot keep this promise.

When all this hits the fan, the political consequence for Obama and his Democratic allies will be horrific in 2014.

Dick Morris Archives


BUY THE BOOK

Buy it for 40% off the cover price by clicking here or in KINDLE at a 48% discount by clicking here.

(Sales help fund JWR.).


Comment by clicking here.


Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.



© 2013, Dick Morris

Columnists

Toons

Lifestyles

Quantcast