The Internal Revenue Service (IRS) recently unearthed yet another undesirable side effect of Obamacare—one that will hit the taxman as well as business owners. The Taxpayer Advocate Service, “an independent organization within the IRS whose employees assist taxpayers,” reports that both the IRS and taxpayers will have trouble complying with …
The states are in Big Trouble. While Americans are fearful of record federal deficits, the states also are facing increased costs. Most of the exponential growth comes from increased Medicaid costs, and the taxpayers in the states are going to pay for it. A new Deloitte study gives predictions that …
President Obama promised to address the growing costs in health care with passage of his “reform” bill. But instead of reducing costs, Obamacare will succeed only at shifting the burden to taxpayers and the privately insured. Americans with private health insurance will indirectly subsidize care received by those reliant on …
We’ve all heard it before — the age-old saying “Better late than never.” Well, get ready to hear it again, this time from Health and Human Services Secretary Kathleen Sebelius, regarding the creation of high-risk pools under Obamacare. The pools were supposed to provide coverage for individuals who cannot get …
The United States faces a major physician shortage, and it will only get worse. Aging baby boomers will create a growing demand for medical services at the same time Obamacare comes on line with its new demands. Complicating matters is the fact that many physicians are also baby boomers—meaning part …
The Department of Health and Human Services has rolled out regulations governing health plans in effect prior to the passage of Obamacare. You know, the plans that “if you like it, you can keep it?” The new regs will mostly affect the 170 million-plus Americans who carry employer-sponsored coverage. The …
Last Thursday, the White House trumpeted Obamacare’s first step in closing the Medicare “donut hole.” Checks in the amount of $250 were sent to 80,000 seniors in the “hole”—a gap in Medicare’s coverage of prescription drug benefits for seniors. Ultimately, Washington will cut 4 million of these checks, totaling $1 …
Imagine if Washington applied Obamacare’s regulatory approach to car sales. Forget choosing your ride based on your own needs and what you can afford. Instead, your wheels would be dictated by what Uncle Sam thought was best for you. For example, you might want—and be willing to pay for—a Mercedes, …
