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HomeThe Impact of Obamacare on My Town
Posted by Larry Doyle on October 16th, 2012 9:44 AM |
Have you already started to see and feel the impact of Obamacare on your healthcare plans specifically and your family budget overall? I am drawn to this topic today based on a message put out just yesterday by the lead selectman in our town. He writes,
We view the cost of health insurance and the new federal taxes and regulations that have been imposed on us to be unsustainable. We cannot sit idly by during the next few years. We have and will continue to take affirmative actions to lower our future costs. (more…)
America’s Unspoken Crisis Is a “War on America”
Posted by Larry Doyle on July 23rd, 2012 7:43 AM |
Can you imagine the lengths our nation would go to address and eradicate a social situation correlated very highly with activities (including juvenile murder and rape) that land people in prison?
Can you further imagine the outcry to address this social situation if it were also highly correlated with an increased risk of suicide?
What if over and above those high correlations, this social situation was also very highly correlated with children dropping out of school? Clearly the public outcry would be earth shattering and the march on Washington would be historic in nature, no? (more…)
Obamacare: Taxation by Misrepresentation?
Posted by Larry Doyle on June 29th, 2012 8:54 AM |
Chief Justice John Roberts informed the nation yesterday that the legislation known as Obamacare is viable based upon Congress’ ability to tax. Should it matter that the legislation was not represented to the nation in that manner? That is a point worthy of very real debate for years to come.
While many conservatives in the nation are disappointed with Roberts’ opinion and ultimate deciding vote, I actually think he was more concerned with a larger message, if that is possible. What was he really saying? A number of things including: (more…)
FPA’s Bob Rodriguez Has a Message for Washington
Posted by Larry Doyle on May 17th, 2012 8:05 AM |
First Pacific Advisor’s Bob Rodriguez is a renowned money manager. I hold him in the highest regard.
The only issue I have in regard to Mr. Rodriguez is that he is not in Washington managing our nation’s fiscal policy.
The simple fact is Rodriguez knows of what he talks and relates it in language that is foreign to most politicians, that is, plain English.
With the ongoing budget fiasco, debt ceiling, and accompanying fiscal cliff on our horizon at year end, recent comments by Rodriguez should ring long, loud, and clear throughout Washington. (more…)
How Will Your Company Handle Obamacare?
Posted by Larry Doyle on June 8th, 2011 5:57 AM |
What issue in our nation generates the strongest personal reaction?
1. Economy
2. Education
3. Deficit
4. Healthcare
5. Employment
While my poll is entirely unscientific and my answer is my own opinion, I STRONGLY believe that the topic of healthcare generates the strongest reaction of any issue facing our nation. Why? It’s personal nature, that is, “if you do not have your health, then what else really matters”? (more…)
ObamaCare: Is the Obama White House Going “Soprano” Again, or Why Are Three Catholic Scranton, PA Hospitals Being Sold?
Posted by Larry Doyle on October 12th, 2010 6:23 AM |
This story is a tad long, but it is chock-filled with a wealth of twists, turns, personalities, politicians, and much more. I strongly recommend.
Politics is clearly a contact sport. No doubt not all of the punches are above the belt.
I first referenced the Obama White House use of intimidation in the case of Tom Lauria, then lawyer for a group of Chrysler creditors. I wrote in early May 2009, Is Barack Obama Going Tony Soprano? How uncanny that the same reference is utilized today in an article centered on the impact of ObamaCare and the pending sale of three Scranton-area Catholic hospitals. American Spectator writes in regard to ObamaCare:
….the White House is confronted with a rapidly accelerating set of unintended consequences spreading across the country. As listed by theWall Street Journal, those unintended consequences included 2011 premium increases shooting up as high as 9%; “multibillion-dollar corporate writedowns by Verizon, AT&T, Caterpillar and others”; the disruption of insurance markets, a show-down with McDonald’s, the imposition of price controls on premiums, insurers withdrawing from Medicare Advantage.
In what appears to have become a pattern, the response from the Obama Administration has been repeatedly swift and harsh –compared by one critic as an episode straight out of the Sopranos, the famous HBO mobster series. (more…)
Have You Checked Your New Health Insurance Rates?
Posted by Larry Doyle on September 23rd, 2010 7:25 AM |
Our economy is experiencing disinflation and trending towards deflation, right? Well, it looks like the health insurance industry did not get that memo. If rates do go up, they can’t be more than a few percent, right? Wrong!!
Although this issue is not getting the attention it deserves, once again those footing the bills in our nation are getting bent over. In my home state, a recent story highlighted Health Insurers Seeking Rate Hikes of More Than 20 Per Cent in Connecticut:
Health insurers are asking for immediate rate hikes of more than 20 percent in Connecticut for some plans, citing rising medical costs and federal health reform laws as reasons.
Both issues — the new federal health care reform and rising medical costs — are significant drivers of the increases, according to filings by insurers with state regulators that were reviewed by The Courant. (more…)
