Obamacare Reform – Whose Ox is Gored?

Tuesday elections reflected voter anger over many things, including Obamacare. One item that is front and center, along with the impending tax increase on everyone due to expiration of the "Bush" tax cuts, is reforming health care reform.

Whether it means changing Obamacrap, or repealing it and starting over remains to be seen. One thing is certain, the fat lady has yet to sing on this issue.

The New York Times has provided a laundry list of Obamacrap provisions, and their interested parties. This may not make David Letterman's Top 10 List but it is interesting none the less.

  • Repeal requirement that businesses generate 1099 forms to anyone and everyone that sold them $600 or more of goods or services (U.S. Chamber of Commerce)
  • Alter or eliminate provision requiring employers to pay for group health insurance (U.S. Chamber of Commerce)
  • Eliminate tax on "Cadillac" health insurance plans (several union groups)
  • Reduce or eliminate tax on medical devices (Republicans)
  • Let states decide how to set up and govern health insurance exchanges (Republicans)
  • Reverse planned cuts in Medicare and Medicare Advantage Plan funding (Republicans)

Republicans also want to keep "protection" for those with pre-existing conditions but eliminate the mandate that people buy health insurance. This can work, and always could, without dismantling the current health insurance system. Most states have risk pools for those with pre-existing conditions and all states have guaranteed continuation provisions for those whose COBRA benefits have expired. 

The new PCIP from Obamacare is actually a somewhat workable option, even taking into account it was designed by lawyers who have no clue how health care or health insurance actually works. In fact, I have referred 3 people there this week.

It will be interesting to see how far the lame duck Congress goes to respond to, and act on, provisions that are just around the corner.

Unless Congress acts, doctors who treat Medicare patients will have their fees cut by 23% on December 1, 2010 and another 6.5% the following month.

Income tax rates for everyone, including those in the lowest tax bracket, jump by as much as 50% on January 1, 2011.

New rules requiring health insurance companies to cut back on customer service and other overhead expenses go into effect in January.

Affordable Health Insurance in Georgia

Georgia Insurance Shop has affordable health insurance plans for individuals and families. Through our website you can review plans and apply direct to the health insurance company or ask us to help. We do not charge extra for advice and assistance. Review health insurance rates from Blue Cross of Georgia, Humana, Cigna, Aetna, Kaiser and more.

Speak Your Mind