TUITION HIKES PREMIUMS HIKES DEPEND ON WHERE YOU LIVE
insurance premiums will come when Obamacare fully takes eff ect in 2014. Aetna CEO Mark Bertolini told Forbes they may jump by 50 percent or more for some consumers. How much your premiums spike will largely depend on where
4
you live and whether you have a group policy or are insured individually. If you live in Wisconsin, for example, your premiums will rise about 30 percent by 2016, according to MIT economics professor Jonathan Gruber. And it could jump over 40 percent for those in the individual market, he says. Ironically, the states that have avoided slapping insurance
companies with politically motivated mandates, and therefore have enjoyed the lowest premiums, will see the biggest increases. Among the states that could see hikes of over 65 percent for those in the individual market: Arizona, Wyoming, Kentucky, Missouri, Ohio, Oklahoma, Arkansas, Utah, and Virginia.
COST OF UNNECESSARY BENEFITS
expected to have to pay for benefits they do not need. “A 22-year-old healthy male can’t buy a policy that doesn’t include pregnancy care,” says Smith, the surgery center co-founder. “Special interests will make sure these things are included. People ought to be able to cover the risk as they see fit — but they can’t.” Of course, spreading premium costs beyond those who need the procedures essentially means some policyholders are subsidizing the needs of others.
5
With Obamacare’s increased oversight, more policyholders are
Analysts calculate insurance premiums have risen $3,065 since President Obama took of ice. But the real sticker shock for
Just wait. The Brookings Institution warned as far back as 2003 that spiraling Medicaid costs would leave states with less money for education, leading to tuition hikes in state colleges and universities to make ends meet. The State Budget Crisis Task Force projects those costs will only escalate further with Obamacare. That means big future tuition hikes appear inevitable for students attending state institutions.
6
Think college is expensive now?
COSTLY,
UNNECESSARY TREATMENTS
for hospitals to try to take more money out of your wallet. First, doctors who are being paid for performance might recommend surgeries that you don’t need so they can increase their success rates. “Physicians will be worried about what their performance is like,” said Dr. G. Keith Smith, a board- certified anesthesiologist and co-founder of the Surgery Center of Oklahoma. “Some may be more likely to operate on people who don’t have anything wrong with them because the results of those surgeries are pretty darn good.” But that’s not all. Because of
7
pay-per-performance, doctors may fear forfeiting their reimbursement if they miss an unexpected complication in their diagnosis. As a result, they are likely to subject you to costly tests you normally wouldn’t need — the practice of so-called defensive medicine. “There will be pressure to overtreat, so you cover your backside,” says Dr. Alex Valadka, a neurosurgeon and spokesperson for the Alliance of Specialty Medicine. Among the unnecessary tests that may result: X-rays, colonoscopies, and CT scans.
MAY 2013 | NEWSMAX 11
Healthcare reform creates two incentives
COUPLE/PAWEL GAUL/E+/GETTY IMAGES / BRAIN SCAN/BSIP/UIG/GETTY IMAGES GRADUATES/TIMOTHY A. CLARY/AFP/GETTY IMAGES / MAN/FANCY COLLECTION/SUPERSTOCK
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92