Dr. Paul also has a frank prescription for the Obamacare bill that passed despite his objection:
Is Barack Obama a Doctor?
Listen to Ron Paul, who by the way is a Medical Doctor -- a Pediatrician who loves delivering babies.
What does he think of the healthcare bill that was rammed through the Congress?
"I think it's monstrous," Paul said.
"I don't think it will improve medical care in this country. I think it's very, very costly and we don't have any money. And they don't have any way of paying for it."
"On average, it's two or three times more expensive than they say. This is going to be incredibly expensive."
Has the government ever lied about anything before?
American Health Care Costs & Ron Paul
What happened to Health Care?
Until recently it seems that the U.S. healthcare system had been the envy of the entire world. In terms of advanced solutions, the US is still the leader but the system in which healthcare is offered, providers, patients, government, and insurance companies has deteriorated. It is more than coincidence that there was far less government involvement in medicine during the time America held a major leadership in healthcare.
Dr. Ron Paul adds:
"America always had the finest doctors and hospitals, patients enjoyed high-quality, affordable medical care, and thousands of private charities provided health services for the poor. Doctors focused on treating patients, without the red tape and threat of lawsuits that plague the profession today. Most Americans paid cash for basic services, and had insurance only for major illnesses and accidents. This meant both doctors and patients had an incentive to keep costs down, as the patient was directly responsible for payment, rather than an HMO or government program.
The lesson is clear: when government and other third parties get involved, health care costs spiral. The answer is not a system of outright socialized medicine, but rather a system that encourages everyone – doctors, hospitals, patients, and drug companies – to keep costs down.
As long as “somebody else” is paying the bill, the bill will be too high."
Ron Paul's conclusion: "Socialized medicine won’t work; nor will managed care. The simple solution is for employers to give tax exempt funds to individuals to buy their own insurance. The same market based solution would be open to all."
Hillarycare and Obamacare are socialized medicine. After Obamacare passed, Al Sharpton was quick to note that the people voted for Obama because they wanted a socialist government. They may have been hiding from using the S word or the P world (Progressive) because of negative overtones but now, they feel they have been empowered. Ask Bernie Sanders.
The Managed care system that saw its day and disappeared is a form of rationing that many see as the basis for Obamacare. Managed care exists today in many forms; it is just no longer called that. It seemed to work for everybody else but the doctor and the patient. The gatekeeper (Medicare. Medicaid, or an insurance company) decide what you get and don't get. Who decided that? With Obamacare, the insurance company's will have just a short while to decide and then it will just be Uncle Sam. And Uncle Sam has no problem saying "no" to your health care.
What is the real price of Obamacare
So, what is the best and lowest cost healthcare solution? Over the long haul, the only way to tame health care costs in the U.S. is to wrest control of medical dollars from third-party insurers such as employers and government--and hand it to individuals. We discussed this briefly in this essay. Once individuals become the paying customers instead of the government and the employers owning the show, then YOU can shop around for your own coverage and strike a deal that is best for YOU. Of course, that is not part of the Obama plan but then again, there is still hope that Obamacare may be repealed.
How can a system in which you theoretically can buy all you want with price as no object work anywhere. It's like those five minute shopping sprees that you can win in which you load shopping cart after shopping cart and it is all covered by the shopkeeper. Except in this Obamacare game, you can stay in the store forever until some bureaucrat or IRS agent calls your name.
Some will tell you that extending health care tax breaks to everyone would be unaffordable and too costly for Uncle Sam. It would cost a lot less than a $trillion. Besides, our employers are getting those breaks right now. It is illogical therefore to think that tax breaks for healthcare premiums and for services would put us in an even bigger hole. That would be possible only if Obamacare were free and we know that the visible number is now charted at least a trillion dollars. Let's not forget that we will be paying the price for about four years before any of the benefits for all can be used.
The huge numbers in the estimates of the price of ObamaCare are not looked upon so big because the public unfortunately is getting accustomed to the big deficit and debt numbers. Giving a few tax breaks to the public for health care costs would be far easier and substantially less expensive and something good for the people. -- So, don't expect it any time soon from this government.
The fact is that Obamacare comes at a painful price - higher insurance premiums, more taxes, and higher taxes, fewer jobs, lower wages, a reduced standard of living, an erosion of privacy and individual liberty, and rationing of healthcare. Whenever government has stepped in to make things better the costs go up, not down. Obamacare would be provided with the compassion of the IRS and the efficiency of the post office and soon the country would be out of business.
• Kentucky 1994 program premiums went up 36 - 165 percent
• Washington State premiums increased 76%
• State managed care in Massachusetts is the most expensive care in the nation
A recent Health Insurance industry study says Obamacare will add at least $4,000 for the family and $1500 per individual to your annual insurance costs. Blue Cross sees costs rising 50% with Obamacare. What does this mean? It means that $billions in new taxes on insurers, health care providers, device makers (pacemakers, defibrillators, etc.) will also need to be absorbed by patients in higher premiums.
There is no free lunch. It will be the largest tax increase in American History and they told you it would be free. Yet, logic suggests that nothing that cost even the underestimated $940 billion is free. That's impossible to do for free. On top of that to pay for Medicaid unfunded mandates, states would have to cough up another $33 billion at least and Medicaid is already bankrupting the states. And, thankfully, states cannot print money.
The truth is that government is not a huge magician that can provide free or subsidized care for someone without taking that money from someone else - and that someone else more than likely will be you. Welcome to socialism. Your checkbook will never rest until your account is empty.
Individual Mandate -- Healthcare & Your Freedom
ObamaCare is prepared to add to an already bloated bureaucracy as you are about to pay for all the new hires who will be watching over you. Don't worry, the 16,000 IRS agents will have to attend anger management classes before they are permitted to carry "heat." The federal gatekeepers standing in between you and your doctor and stealing your freedom will go to salesmanship schools to convince you that your deal is the best. They will also be trained using Rosetta Stone courses to master a second language that you do not understand and when they get angry with you they will be permitted to speak only in the other language. Don't plan on winning any of the debates.
Even if you are young or very healthy and you think that you really do not need insurance, the government has already declared that you are wrong. That means that you do not get to make that decision. Uncle Sam knows better than you. The "individual mandate," which the state legislatures are boiling about and ready to sue is a federal requirement that says every citizen must have health insurance. The government is going to make you buy health insurance or the IRS will fine you or put you in jail. Welcome to the USSA. Don't resist! Remember it took a lot of years for the FBI to carry HEAT. Watch the bulge in the breast pocket or on the back when the IRS guys come collecting!
Under threat of a stiff penalty, every American will be forced to obtain something the government deems necessary for you to continue your legitimate citizenship. It is called an insurance policy. It was once an innocuous notion now, it is needed even more than a passport. If you are an illegal alien, you still won't have to pay for your healthcare. And, by the way, you don't even need a passport.
This "individual mandate" is a gross abuse of governmental power but it is just the beginning of the end for individual liberty. The bloated bureaucracy will find other ways to penalize citizens, such as limiting mammograms to only those over 50 and other cost cutting measures that will cause a number of US to die before our time. Perhaps the mammogram limitation can be raised to 80 years old and that would save even more dollars for society. Please note I say that merely to make a point.
But, the key point here is that this is a violation of every American's right to decide what is best for himself or herself as well as his or her family. The good news for the government is that when somebody dies, they (the government) will no longer have to use "its" funds to take care of them and there are those who suggest that in these instances, society gains.
The big bottom line is that this big Obama power grab known as Obamacare is not about to save us money, as a nation or individually. Nobody can spend a trillion dollars and have more when they are done. This bill will increase your insurance premiums, raise your taxes in a big way, decrease your wages, steal your jobs, blow-up the deficit, reduce your standard of living, erode your privacy and all but eliminate your personal liberty. How is this a good deal?
Obamacare -- More expensive as time goes buy
Obamacare became law in 2010, it has slowly moved toward full implementation, mostly because politicians were concerned they would never get reelected. Each year, existing aspects of Obamacare have changed, and new provisions have taken effect. That has forced many Americans to either keep up to date on the program or else you are left in the cold or you pay more.
Expansion of the employer mandate
The original Obamacare required employers with 50 or more employees, who worked at least 30 hours a week to provide qualifying health insurance coverage to employees beginning in 2014. As that deadline approached, the politicians were not ready to deal with any potential revolt so they delayed the full implementation of the employer mandate. Last year (2015), larger employers with 100 or more employees for the first time were required to offer qualifying coverage to at least 70% of their workforce. Those with less than 100 employees were still not required to do anything under the law.
This year (2016) all that changes. Large employers (over 99) must cover 95% of their employees. In addition, mid-sized employers (over 49) will have to start complying with the law at the 95% level
Obamacare will penalize employers $2,000 per full-time employee if the minimums (95%) are not covered with a plan that qualifies. If the policies offered to employees do not cover 60% of the costs, with an exclusion for the first 30 employees.) a reduced penalty equal to $3,000 per employee receiving a federal subsidy is available if it's less than the $2,000 per employee penalty calculation above. This can be the case if most of the employer's workers don't receive subsidies.
Individual mandate penalties
The requirements for individuals, who are not covered by insurance get harsher in 2016. For example, in 2015, the penalty was $325. In 2016, it is $695 per adult and from $162.50 to $347.50 per child. The family maximum jumps from $975 to $2,085. Of course it can be more depending on income. The percentage in 2015 was 2% and in 2016, it is 2.5%. If that amount is greater than what's calculated under the per-person method, then the penalty will be the higher amount -- even if the income-based calculation exceeds the family maximum under the per-person method.
Rising premiums for Obamacare policies
According to the Kaiser Family Foundation, average premiums for the second-cheapest silver-tier plan in major cities across the 50 states and the District of Columbia will rise more than 10%. In most areas, however, participants receiving subsidies won't see any increases.
To say the least, Obamacare is a constantly evolving law, and it can be confusing to figure out what's up from year to year. Obamacare's 2016 changes are not the last ones that will affect those who rely on Obamacare for healthcare coverage.
Deductibles are huge
Obamacare bad press over the last few years always included the idea that the deductibles were too high for most. people to afford. Well, it's going to get worse in 2017. The pain over ObamaCare deductibles will intensify as customers shopping for 2017 plans a year from now face bronze-plan deductibles as high as $7,150.
The Department of Health and Human Services has released the details on many key ObamaCare parameters for 2017, including a $300, or 4.4%, rise in the maximum out-of-pocket expense for covered medical bills. not including premium payments. This is up from $6,850 in 2016, which is pretty high to begin with.
Pundits are suggesting the rises mean that landing in the hospital could wreck the finances of many modest-income bronze plan enrollees. And, Obamacare was supposed to save us all.
Obamacare law specified that the maximum out-of-pocket cost would rise each year in tandem with the national average growth in premiums. The Obama administration only factors in the change in employer premiums.
Employer penalties therefore mean that companies face a penalty of $2,260 per full-time worker in 2017 (with an exemption for 30 workers), up from $2,160 in 2016.
Unlike wages, employer fines are paid out of after-tax profits, so the $2,260 fine really equates to $3,711 in taxable wages, or $1.78 an hour for a full-time, year-round worker.
In 2017, these key parameters will both be about 13% higher than their 2014 levels, with the maximum deductible rising to $7,150 from $6,350. The employer fine is up to $2,260 from $2,000, though the penalty had been delayed until 2015.
Many employers add to the misery of their workers by limiting the work hours to dodge the fine completely and they also can avoid the cost of providing health benefits for modest-wage workers.
Until now, however, the impact of the employer mandate has been muted largely because low-wage, full-time workers are turning down employer coverage they find unaffordable.
In 2017, as long as employers offer workers coverage that doesn’t exceed 9.69% of pay — $1,938 for a $20,000-earner — they face no penalty under ObamaCare and the worker is ineligible for exchange subsidies. As a result, millions of low-wage workers remain uninsured because they can’t access Obamacare subsidies.
If you think healthcare is expensive now, wait until it is free! Can you really afford this kind of free healthcare? I don't think so.