As part of his pandering to “the middle class”, Obama touted the “success” of his “health care” plan (odd, then, that it is administered by the IRS):
[I]n the past year alone, about 10 million uninsured Americans finally gained the security of health coverage. (Applause.)
At every step, we were told our goals were misguided or too ambitious; that we would crush jobs and explode deficits. Instead, we’ve seen the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in 50 years. (Applause.) This is good news, people. (Laughter and applause.)
Lying sack of s**t (Laughter, applause, thunderous ovation, tears of joy, rending of garments):
At first glance, Colorado would seem to be one of the federal health law’s clearest success stories, offering nearly 200 plans and average premiums nearly unchanged in the coming year.
But zoom in closer, and it is clear that a kind of pricing pandemonium is underway, one that offers a case study of the ambitions and limits of the Affordable Care Act during this second year of enrollment.
An analysis by The New York Times shows, for example, that the cost of one midlevel silver plan in Colorado rose 36 percent west of the Rocky Mountains this year, while another dropped nearly 40 percent in the northeastern plains.
The wild disparity in prices results from many insurers trying to attract more customers by pricing plans as low as they can. But it is not at all clear that the low prices will be sustainable, so prices may well swing sharply upward as time goes on. Nationwide, some of the plans that offered the least expensive prices for 2014 raised premiums sharply for coverage this year. One insurer, CoOportunity Health, has been taken over by state regulators because of losses.
Shouldn’t that be called “predatory insuring”? Offering a deal to lure a customer in and then whack up the rates the next year when they can’t get out? Where’s Lizbeth Warren’s Consumer Protection Bureau?
And while she uses her advanced Native American tracking skills, maybe she can follow this trail:
When you apply for coverage on HealthCare.gov, dozens of data companies may be able to tell that you are on the site. Some can even glean details such as your age, income, ZIP code, whether you smoke or if you are pregnant.
The data firms have embedded connections on the government site. Ever-evolving technology allows for individual Internet users to be tracked, building profiles that are a vital tool for advertisers.
Connections to multiple third-party tech firms were documented by technology experts who analyzed HealthCare.gov, and confirmed by The Associated Press.
“As I look at vendors on a website…they could be another potential point of failure,” said corporate cybersecurity consultant Theresa Payton. “Vendor management can often be the weakest link in your privacy and security chain.”
Where’s the “health care” in an act that exposes your personal information, may bankrupt you, and is enforced by the T-men from the IRS? Not only can you not keep your doctor, you can’t keep your Social Security number!