Obamacare will cost YOU another $7,500 per year

December 15, 2013
By

Using Obama’s own math:

First, Obama promised on numerous occasions that the average family of four will save $2,500 a year in premiums. Where did that number come from? Three Harvard economists wrote a memo in 2007 in which they claimed that then-Senator Obama’s health-care plan would reduce national health-care spending by $200 billion. Then, according to the New York Times, the authors “divided [$200 billion] by the country’s population, multiplied for a family of four, and rounded down slightly to a number that was easy to grasp: $2,500.”

In September, the Obama administration’s Centers for Medicare and Medicaid Services used far more rigorous methods to predict that Obamacare would increase national health-care spending by $621 billion. Using Obama’s own math, that would mean — according to Chris Conover, an economist at the American Enterprise Institute and Duke University — each family of four in America will spend an additional $7,450 thanks to Obamacare.

Of course, that methodology is still bogus. But it’s probably closer to the truth.

43 Responses to Obamacare will cost YOU another $7,500 per year

  1. Luke on December 15, 2013 at 9:45 pm

    Using Obama’s own math:

    More accurately: using conservative writer Jonah Goldberg’s own math.

    • Jim,MtnView,CA,USA on December 16, 2013 at 9:18 am

      No, it doesn’t seem to be Goldberg’s math, actually.
      It is the formula used by the pro-Obama people, only with more accurate numbers.

      Matthew (below) has it right: we’ll see all this play out and then we’ll know. But clearly, we have some data already:
      1) China can now send a rocket to the moon, America has trouble launching a website
      2) You can’t keep your insurance just because you like it and the insurance company and the doctors are willing to offer it
      3) In many cases, you can’t keep your doctor, short of paying full price to see that doctor outside of insurance

      • Pluto on December 16, 2013 at 6:35 pm

        “China can now send a rocket to the moon, America has trouble launching a website”

        Fluffy propaganda, based on the word “launch”. Sounds like fun, let’s continue:

        In 1967 three American astronauts died during a launch rehearsal. Using your analogy the entire space program deserved to die on the launch pad.

        But, in 1969 Americans landed on the moon.

        And so, wait and see, wait and see, but in the meantime Jim and Matthew and Poli will keep running score of all the negatives…and absolutely none, zero, of the positives.

        • Jim,MtnView,Ca,USA on December 16, 2013 at 7:28 pm

          I see you don’t disagree with the point that the same formula was used, just better data.

          For the record, I found a positive related to ObamaCare.
          http://justoneminute.typepad.com/main/2013/12/peak-schadenfreude-alert.html
          “Ms. Meinwald, the lawyer, said she was a lifelong Democrat who still supported better health care for all, but had she known what was in store for her, she would have voted for Mitt Romney.”

  2. Big Gubmint Shill on December 15, 2013 at 10:17 pm

    You tell ‘em Luke!!!

    • Luke on December 15, 2013 at 10:21 pm

      It wasn’t difficult, sock puppet.

  3. Matthew on December 16, 2013 at 5:18 am

    Why don’t we just see how it turns out, Luke?

    I think you know how it’s going to go. Whether you wish to keep lying to yourself or not. Your president certainly will.

  4. Jim,MtnView,CA,USA on December 16, 2013 at 8:53 am

    More bad press continues to roll out:
    http://news.yahoo.com/ap-gfk-poll-health-law-seen-eroding-coverage-131710274.html
    Americans who already have health insurance are blaming President Barack Obama’s health care overhaul for their rising premiums and deductibles…
    The poll found a striking level of unease about the law among people who have health insurance … Those are the 85 percent of Americans who the White House says don’t have to be worried about the president’s historic push to expand coverage for the uninsured.
    In the survey, nearly half of those with job-based or other private coverage say their policies will be changing next year — mostly for the worse. Nearly 4 in 5 (77 percent) blame the changes on the Affordable Care Act

  5. Jim,MtnView,CA,USA on December 16, 2013 at 9:24 am

    More pro-Obama numbers re-examined, this for the economic “recovery” that began when Obama was elected.
    Three lines on a chart. Predicted unemployment if nothing was done. Predicted u/e if the Obama stimulus was enacted. Actual results after the Obama stimulus was enacted.
    What happened to the money? Cos we sure didn’t get a recovery.
    http://www.zerohedge.com/news/2013-10-22/blast-past-unemployment-rate-and-without-recovery-plan

    Note, too, that the u/e rate is much higher than officially reported. So many people have dropped out of the workforce and the rates of disability have climbed to such high levels that the reported number is way low.

  6. Tracy Watkins on December 16, 2013 at 4:17 pm

    *yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaan*

  7. Mitchell Goldblum on December 17, 2013 at 5:24 am

    $7,500 isn’t so bad.

    • Jim,MtnView,CA,USA on December 17, 2013 at 8:20 am

      Only when it’s OPM.

      • Jim,MtnView,CA,USA on December 17, 2013 at 8:23 am

        Otherwise, it’s horrible. Seventy five hundred bucks MORE to get what you ALREADY had, AND you have to go through HealthCare.gov to boot. And THEN check to make sure the info got transmitted correctly to the insurer.

        All us worker bees get to face that this year as the employer mandate gets re-enabled.

        • Jake on December 17, 2013 at 9:07 am

          “Seventy five hundred bucks MORE to get what you ALREADY had

          Obamacare comprehension fail. Though, I’m guessing you’re just being disingenuous since you already know you’ll be, at least, getting pediatric dentistry added.

          “you have to go through HealthCare.gov to boot”

          Only for those unfortunate to have shithead Republican governors and state legislators that rejected setting up exchanges. Us “Blue Staters” have no issues with websites. With all the bitching Poli did about his mom’s insurance policy, the website was not an issue.

          • Jim,MtnView,CA,USA on December 17, 2013 at 10:11 am

            Many states with Dem governors are also seeing epic fails.
            Google Oregon and Conn. Plenty of troubles in Washington state and check out the DC exchange stories too.

            Also, I’d like to get your reaction to one item in this blog post.
            Skip past the anti-OCare snark. Below is a snip quoted from the NY Times. Apparently, even if your current insurance policy is OCare compliant, it can still get cancelled.
            Is this possible?
            http://justoneminute.typepad.com/main/2013/12/peak-schadenfreude-alert.html
            …many of the New York policies being canceled meet and often exceed the [ACA] standards, brokers say. The rationale for disqualifying those policies, said Larry Levitt, a health policy expert at the Kaiser Family Foundation, was to prevent associations from selling insurance to healthy members who are needed to keep the new health exchanges financially viable.

            Siphoning those people, Mr. Levitt said, would leave the pool of health exchange customers “smaller and disproportionately sicker,” and would drive up rates.

          • Jake on December 17, 2013 at 11:41 am

            Don’t really give a crap about Manhattanites whining about an extra $400/month. I guarantee you she spends more than that on pedicures.

            While we’re getting reactions from blog posts, what’s your take on this one?

          • Jim,MtnView,CA,USA on December 17, 2013 at 1:11 pm

            Partially employed grad student no longer eligible for coverage from his parents qualifies for “3-Cent-Premium-500-Deductible”.

            “Obamacare is a good deal for me …”
            Clearly.
            “… and a good deal for society”
            Arguable. Somebody pays. Just not that guy.

          • Pluto on December 18, 2013 at 11:36 pm

            “Arguable. Somebody pays. Just not that guy.”

            Conservatives LOVE socialism. The difference is that they want to pick and choose which aspects of socialism that they don’t want, and thereby be able to use those distinctions to define themselves as not socialists, as well as label the left as commies. It is beautiful in its simplicity.

          • Ken_phd on December 19, 2013 at 8:11 am

            Pluto;

            “Conservatives LOVE socialism.”

            Very weak.

          • Pluto on December 19, 2013 at 3:01 pm

            Zoooom.

            The drive-by specialist Ken makes another non-substantive post.

          • Jim,MtnView,CA,USA on December 19, 2013 at 3:16 pm

            So, you consider “conservatives love socialism” a substantive post?

          • Pluto on December 19, 2013 at 4:04 pm

            Jim, conservatives LOVE socialism. They send representatives to Washington, with the expectation of receiving a tome-heavy Whitman Sampler for their coffee table.

          • Jim,MtnView,CA,USA on December 19, 2013 at 8:32 pm

            So….this your idea of substantive?

          • Ken_phd on December 20, 2013 at 8:42 am

            Jim:

            The idea that the debate that Pluto (and his other aliases) puts forward is “substantive” is ludicrous. He has signed on as a liberal “hit man” for this board at, I assume, some meager salary. He showcases what the value of an expensive liberal education is worth in the real world.

            Depressing.

          • Jim,MtnView,CA,USA on December 20, 2013 at 1:36 pm

            Ken,
            Presumably we are getting insight into why Pluto is no longer granted “planetary” status. BTW, have a nice Christmas :)

          • Pluto on December 20, 2013 at 2:13 pm

            Oh, look, Jim is pretending that I don’t make substantive posts.

          • Pluto on December 20, 2013 at 2:17 pm

            He showcases what the value of an expensive liberal education is worth in the real world.

            Ken goes back to the well with his “expensive liberal education” zinger. Oh, ouch!

            I assume, some meager salary.

            Don’t assume, cupcake. Your predictions on this board are always wrong. Witness, “Cain will crush Obama”, and more recently, “look for the Dems to repeal the ACA in 2014.”

          • Ken_phd on December 20, 2013 at 2:57 pm

            Pluto:

            “Oh, ouch!”

            The truth hurts.

          • Pluto on December 20, 2013 at 3:20 pm

            ^Oh! Double ouch!

  8. Big Gubmint Shill on December 17, 2013 at 11:52 am

    Go Jake Go! We love O – Rah Rah Shish Boom Ba

  9. Jim,MtnView,CA,USA on December 17, 2013 at 2:56 pm

    Another interesting article from John’s recommended site:
    http://bejohngalt.com/2013/12/no-wew-dont-owe-you-anything-suckers/

  10. Jim,MtnView,CA,USA on December 18, 2013 at 5:43 am

    DC makes out well.
    http://www.bizjournals.com/washington/blog/2013/12/dc-far-outpaces-nation-in-personal.html
    The District’s total personal income in 2012 was $47.28 billion, or $74,733 for each of its 632,323 residents … The highest of the 50 states, Connecticut, fell 25 percent short of D.C.

  11. Jim,MtnView,CA,USA on December 18, 2013 at 11:08 pm

    Will be interested to learn more about this angle. Do ObamaCare policies cover you on trips? Emergency care, yes. But if you are retired and want to spend winter months down south you should check carefully.
    http://www.americanthinker.com/2013/12/more_obamacare_devastation.html
    “Millions are losing their health insurance policies and being forced onto the ObamaCare exchanges, where most plans only provide local medical coverage.”

  12. Jim,MtnView,CA,USA on December 19, 2013 at 8:42 am

    How the numbers look so far.
    http://www.bloomberg.com/news/2013-12-17/is-obamacare-really-an-improvement-on-the-status-quo-.html
    Insurers privately tell Bob Laszewski that they think more people will have lost insurance by January 1 than the number who have signed up for Obamacare by January 1. … So far, at least 4.8 million Americans have received insurance cancellations notices, but Laszewski predicts that the total Obamacare enrollment will be less than half that number on January 1.

  13. Jim,MtnView,CA,USA on December 19, 2013 at 8:51 am

    Crony capitalism and the left.
    Big corporations donate generously to leftie groups who advocate big government.
    http://www.theblaze.com/contributions/the-delicious-irony-of-dark-money/

  14. Jim,MtnView,CA,USA on December 19, 2013 at 9:37 am

    More temporary glitches.
    Healthcare.gov will switch web hosts just when the last-minute enrollment surge occurs.
    What could possibly go wrong?
    http://finance.yahoo.com/news/obamacare-tech-hurdle-looms-enrollment-deadline-200805940–sector.html
    Some technical experts are perplexed at the U.S. government’s plan to switch web hosts for its new health insurance portal, HealthCare.gov, in the midst of an expected last-minute rush to beat a March 31 enrollment deadline for 2014 coverage.

    • Jim,MtnView,CA,USA on December 19, 2013 at 9:43 am

      Another blue state’s exchange web site stutters. Not just front-end website problems like sluggish performance or servers down. But also, bad data being transmitted to the insurance companies.
      http://finance.yahoo.com/news/minn-could-delay-deadline-exchange-enrollment-223124524.html
      Leaders of Minnesota’s health insurance marketplace said Wednesday they might postpone next week’s deadline to enroll for January coverage, after a chaotic rollout of the state program that led to the resignation of its former executive director.

      Minnesota, a historically progressive state, fully embraced the state-run health exchange advocated in President Barack Obama’s signature domestic proposal. But the state’s troubles with the rollout of its program in some ways mimicked problems experienced during the rollout of the federal exchanges for states that didn’t create their own.

      …Minnesota insurance companies said data they’re getting from MNsure about enrollees has in many cases been either insufficient or plagued with errors.

      • Jim,MtnView,CA,USA on December 19, 2013 at 11:01 am

        Apparently though, the FUBAR situation of ObamaCare peaks in Guam.
        Right wing blog “washington post” reports.
        http://www.washingtonpost.com/blogs/wonkblog/wp/2013/12/19/think-your-state-has-obamacare-problems-theyre-nothing-compared-to-guam/
        Because of a quirk in the Affordable Care Act’s drafting, the Northern Mariana Islands and the four other American territories are subject to some parts of the law but not others. This has messed up the individual market in the Northern Mariana Islands so badly that the one plan selling policies there told the territory’s top insurance commissioner it would not sell new plans for 2014.

        In other words: Beginning Jan. 1, regulators expect it will be literally impossible for an individual to buy a new policy in the Northern Mariana Islands, and difficult in other territories.

  15. Jim,MtnView,CA,USA on December 20, 2013 at 8:23 am

    Just days before the signup deadline, Pres Obama delays the requirement for buying an ObamaCare-compliant health insurance policy.
    Hopefully, pro-Dem buyers are covered for whiplash.
    http://www.washingtonpost.com/national/health-science/obama-administration-relaxes-rules-of-health-care-law-four-days-before-deadline/2013/12/19/81bc3132-690b-11e3-8b5b-a77187b716a3_story.html
    “The Obama administration on Thursday night significantly relaxed the rules of the federal health-care law for millions of consumers whose individual insurance policies have been canceled, saying they can buy bare-bones plans or entirely avoid a requirement that most Americans have health coverage.
    The surprise announcement, days before the Dec. 23 deadline for people to choose plans that will begin Jan. 1, triggered an immediate backlash from the health insurance industry and raised fairness questions”

    • Jim,MtnView,CA,USA on December 20, 2013 at 8:26 am

      From a blog post: “If your insurance was canceled and you dutifully struggled to sign up for coverage through Healthcare.gov, got smacked with sticker shock but paid for new gold-plated insurance, you apparently were a sucker. A whole group of people with canceled plans will get a nice, inexpensive plan just like what they had.”

  16. Jim,MtnView,CA,USA on December 20, 2013 at 9:42 am

    “All I want this holiday season
    Is an end to quantitative easin’”
    http://reason.com/reasontv/2013/12/20/all-i-want-for-christmas-is-u-remys-fisc

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