Vague statutory language can make laws hard to interpret and enforce. And that’s certainly true of the recently-passed Patient Protection and Affordable Care Act. Exhibit A: Obamacare requires insurers to spend at least 85 percent of group market premiums–and 80 percent of individual market premiums–on medical expenses. The remainder goes to administrative costs and profits. But …
Fans of Obamacare promised it would be good for small and large employers alike. They should’ve checked with employers first. Mercer, a human resources consultancy, did just that. Its latest annual survey of businesses finds that “[38 percent] of the nation’s employers…have at least some employees for whom coverage would …
On the stump, Candidate Obama identified government entitlement spending on Medicare, Medicaid, and Social Security as the largest contributor to the federal deficit. If Congress doesn’t rein in the costs of these programs, he said,, these three programs will “consume all of the federal budget.” Candidate Obama was right. (Still …
During the 2008 presidential campaign, then-Senator Barack Obama pledged often and everywhere that Americans individuals making under $200,000 individually or families making under $250,000 would not see an increase in their taxes. However, by signing into law the Patient Protection and Affordable Care Act (PPACA) of 2010, President Barack Obama …
Earlier this month, President Obama held a press conference at the White House with white coated physicians in his push for a government overhaul of the nation’s health care system. Though the presence of physicians in support of the Democrats’ plans for health care “reform” created the illusion that the …
During his State of the Union Address, President Obama declared that “there will be many different opinions and ideas about how to achieve reform, and that is why I’m bringing together businesses and workers, doctors and health care providers, Democrats and Republicans to begin work on this issue next week.” …
One common assertion among the left is that other industrialized nations, such as Canada, achieved great success in health care within their collectivist framework. This, then, begs the question: why is the head of an east coast Canadian province coming to the United States for medical treatment? Newfoundland Premier Danny …
