Predictable: ObamaCare forcing providers to merge hurting consumers, increasing costs: "Has there been any good news at all in regards to ObamaCare since the unconstitutional boondoggle was passed? From The New York Times via memeorandum: Consumer Risks Feared as Health Law Spurs Mergers
When Congress passed the health care law, it envisioned doctors and hospitals joining forces, coordinating care and holding down costs, with the prospect of earning government bonuses for controlling costs.Isn't that replacing profit for providing a quality service with taxpayer money? As usual, the liberal vision of some kind of Utopian commune is a fantasy of the mind.
Now, eight months into the new law there is a growing frenzy of mergers involving hospitals, clinics and doctor groups eager to share costs and savings, and cash in on the incentives. They, in turn, have deployed a small army of lawyers and lobbyists trying to persuade the Obama administration to relax or waive a body of older laws intended to thwart health care monopolies, and to protect against shoddy care and fraudulent billing of patients or Medicare.
Consumer advocates fear that the health care law could worsen some of the very problems it was meant to solve — by reducing competition, driving up costs and creating incentives for doctors and hospitals to stint on care, in order to retain their cost-saving bonuses.
It should be no surprise as logic predicted this very scenario. Everything we find out about ObamaCare continues to be all bad. The faster this monstrosity is repealed, the better. It is a net negative. We continue to keep finding out about ObamaCare and it's all bad. Insurance premiums are increasing even faster than they would have if ObamaCare hadn't passed (Connecticut is seeing a 47% increase this year, Boeing is paring back healthcare benefits for its employees, while even the White House admits that seniors will see higher costs and less benefits, and 700,000 seniors are losing their coverage as a result. Hospitals in Indiana are laying off staff citing ObamaCare. Also, there was this: CNN: Cost of your health plan to rise 14%, the opposite of what Obama promised in runup to ObamaCare), and Obama's minions are threatening insurance companies with bankruptcy for even hinting that ObamaCare is the cause (it is). Local cities like Mount Clemens MI are about to go bankrupt because of the increased cost of ObamaCare. That's in spite of the fact that Democrats have abandoned the claim that ObamaCare will reduce cost and deficit. Detroit area health insurance to jump 8.9% in 2011 due to ObamaCare. Texas is considering seceding from Medicaid entirely so they don't go into the red. The Obama regime via the FDA is deep-sixing miracle cancer drugs that extend life because they cost too much (ObamaCare begins early: FDA may pull Avastin approval OVER COST CONCERNS). The establishment media is admitting that you will end up seeing nurse practitioners, not doctors, for care. Insurance companies are being forced to cut coverage plans, the law is creating a huge doctor shortage, is cutting Medicare reimbursement rates thus removing doctors from the system via attrition, and to boot even the CBO admits that it discourages work. Obama's cronies are being exempted from the law via waivers. Every time socialized medicine has been tried, it's been a proven failure. ObamaCare is no different except that it can still be repealed before it's too late.
More on the merger news from Right Wing News and Left Coast Rebel
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