Obamacare reality finally sinking in — first the Senators, next the nation
With the recent news of the 18 Democratic Senators sending a letter to Senate Majority Leader Harry Reid, requesting a delay in the implementation of the medical device tax as required by Obamacare, as Rev. Jeremiah Wright might say, “the chickens are comin’ home to roost.” Some of our leading Senatorial lights whose every other phrase coming out of their mouths involves “protecting the middle class”, now find that their middle class voters and businesses are going to get hammered. When reading the signatories to the letter, have you noticed all the blue, as in states? However, for all their pleadings, they have been rebuffed by the President himself. In a recent interview with WCCO, the President said:
No. And here’s why. The health care bill is going to provide those health care companies, 30 million new customers. It’s going to be great for business and they’re doing really well right now and they’re going to get 30 million more customers as a consequence, so this additional tax essentially comes back to them as new customers. I think it’s very important for us to maintain the principal that A.) nobody should go bankrupt when they get sick in this country and B.) the providers of medical services should recognize they’re going to get a benefit from all of these uninsured folks suddenly having insurance and that means they should be willing to do a little bit in order to make that happen. It’s not just medical device folks, hospitals are doing a little bit more because they know now they’re not going to have uncompensated care in emergency rooms, everybody’s going to have some kind of insurance. Doctors, same kind of thing. So this is not unique to the medical device industry. The idea is that when you have 30 million more people coming in, you’re going to make money, you can do a little more to help facilitate and make sure people are getting the health care they need.
Now, just so we’re clear here. Medical device is a term that not only applies to Grandma’s “Hoveround” or the Scooter Store, or someone’s knee implant. Medical device applies to surgical gloves, catheters, syringes, braces, etc. You get the picture. And you also probably get the picture that these costs will be passed on to you.
But wait, there’s more. Byron York has an excellent article today, “Get ready for the costs and chaos of Obamacare.” From the HHS fee of $63 to be paid by employers for every employee covered under their insurance plan, the double-digit rate increases coming for millions in 2014 because younger, healthier people will be pooled into the groups of elderly and less healthy whose medical costs are steeper, to employers cutting hours or workers since they don’t have to pay a fine or provide insurance for employees working 30 hours or less. That should help employment figures and the middle class, right. Less hours, lower income equates to a lower standard of living or find a second job.
As we begin the march down the road to Socialism, and millions of employees are dumped into federal or state exchanges, will Obamacare be dismantled through the shear weight of its excesses and its disruptive chaos in Americans’ lives. Will Americans at the polls turn 2014 into another 2010?
As a colleague of mine writes, “where there’s life, there’s hope.”