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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 March 17, 2014 / 15 Adar II, 5774

The high costs of Obamacare will transfer wealth to the already wealthy

By Jack Kelly




JewishWorldReview.com | Obamacare will reduce the earnings of its 300,000 members by up to $5 an hour by requiring them to buy health insurance, according to a report by Unite Here, a union which represents chiefly lower-wage workers in service industries. The union said it “threatens the middle class with higher premiums, loss of hours and a shift to part-time work and less comprehensive coverage.”

The report quoted Earl Baskerville, 50, a food service worker at the University of Hartford in Connecticut: “Obamacare would cost me $4,855.20 a year more, or a $2.33 an hour pay cut.” And Angela Portillo, a maid at the Mandalay Bay Resort in Las Vegas: “The Obamacare website says (my husband and I) would have to pay $8,057.04 a year more to keep the great insurance we have now. That’s a $3.87 per hour pay cut.”

Americans who says they’ve been hurt by Obamacare outnumber those who say they’ve benefited from it by more than 2 to 1, according to recent polls by both Rasmussen and Gallup.

The number of beneficiaries will plummet if the Supreme Court rules in June that Obamacare subsidies can be paid only to those who buy health insurance through state exchanges.

The Kaiser Family Foundation estimates that, through February, only about 15 percent of the 17.2 million people eligible for Obamacare had enrolled.

“The long-time underwriting rule calls for at least 70 percent of an eligible group to participate in order to get enough healthy people to pay for the sick who will always show up first for coverage,” wrote insurance industry consultant Robert Laszewski at The Health Care Blog.

Americans aged 18 to 34 account for just 27 percent of signups. To subsidize premiums for those older and sicker, at least 39 percent in the risk pool must be “young invincibles,” the Department of Health and Human Services has calculated.

Young people also are more likely to put off paying their first month’s premium — a prerequisite for actually having insurance — so things are worse than the HHS numbers indicate.

If a disproportionate number of Obamacare signups come from the 4.2 percent of 18-to-34-year-olds who describe their health as “fair” or “poor,” a huge problem will morph into catastrophe.

Administration officials hold out hope for a rush of signups before the March 31 deadline. I hold out hope my retirement will be financed by the arrival of a caravan of unicorns laden with baskets of gold dust.

My hope may be more realistic. The pace of enrollments has slowed sharply since December. About half the uninsured have browsed Obamacare websites, but just 10 percent signed up, according to a survey by McKinsey & Co. It costs too much, said most who browsed but didn’t buy.


“They are not buying it because the premium — even net of the subsidies — is too much for plans that have deductibles that are too high,” Mr. Laszewski said.

The administration plans to spend $965 billion on Obamacare subsidies. They’ll benefit insurance companies at the expense of the low-wage workers, according to the Unite Here report. Since Obamacare passed, it said, “The average stock price of the big for-profit health insurers doubled, their top executives were paid more than a half-billion dollars in cash and stock options.”

A Brooking Institution study indicated that families with incomes between $20,000 and $38,000 will suffer the largest proportionate income declines.

“Only in Washington could asking the bottom of the middle class to finance health care for the poorest families be seen as reducing inequality,” the Unite Here report said.

Those who think Obamacare is a bad deal, or who can’t afford it, aren’t likely to change their minds before the end of the month. President Barack Obama gave them a good reason not to when he (illegally) delayed, again, enforcement of the provision canceling “substandard” policies.

This may save the scalps of a few endangered Democrats, but it undermines the economic viability of his “signature legislative achievement.”

If the uninsured are not buying into Obamacare because they don’t like it or can’t afford it, the individual mandate won’t be enforced, predicted Bloomberg News economics writer Megan McArdle. “Otherwise, we would be ‘helping’ the uninsured by raising the cost of the insurance available to them, and then fining them hundreds or thousands of dollars for not buying it. I believe the technical term for this is ‘political suicide.’ ”

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

JWR contributor Jack Kelly, a former Marine and Green Beret, was a deputy assistant secretary of the Air Force in the Reagan administration.

© 2014, Jack Kelly

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