Income Inequality and Blinders

The impact of Obamacare, still being denied in some circles:

In January, nearly half of small-business owners with at least five employees, or 45% of those polled, said they had had to curb their hiring plans because of the health law, and almost a third—29%—said they had been forced to make staff cuts, according to a U.S. Bancorp survey of 3,173 owners with less than $10 million….

And

Given how much the President talks about income inequality, it is perhaps ironic that his signature achievement is preventing people from earning incomes.

ObamaCare-induced phenomenon of “29ers”—employees held below 30 hours of work per week to avoid counting as full-time workers eligible for employer-provided health insurance. As a Journal editorial explained last year, “The savings from restricting hours worked can be enormous. If a company with 50 employees hires a new worker for $12 an hour for 29 hours a week, there is no health insurance requirement. But suppose that worker moves to 30 hours a week. This triggers the $2,000 federal penalty. So to get 50 more hours of work a year from that employee, the extra cost to the employer rises to about $52 an hour—the $12 salary and the ObamaCare tax of what works out to be $40 an hour.

Hmm….

Obamacare Rates

So much (to pound the dead horse) for rates going down $2,500 per, courtesy of Obamacare.

The research team at investment bank Morgan Stanley surveyed 131 brokers, finding that December 2013 rates are rising in excess of 6% in the small group market, and 9% in the individual market.

But that’s just chump change, so far (except for the victims of the rise).

More:

[H]ealth plans are also predicting higher cost trends in 2014, after years of stabilization (much of it attributable to the economic downturn [and its long-term non-recovery, say I], which reduced medical utilization rates).

And:

Among the states seeing the highest annualized rate hikes (for the full 2013 year) in the individual market are Connecticut, which is averaging a 37% increase; Florida (42%); Illinois (33%); Michigan (39%); and Minnesota (35%).

Among the states with the biggest annualized spike in the small group rates are Delaware, which is averaging a 35% increase; Michigan (30%); and Minnesota (50%).

It’s interesting, too, to note that these are some of the most tightly regulated states; their regulations (now superseded by Obamacare regulations) greatly suppressed health “insurance” rates.

Birth Control “Mandate”

In the Twitter to-do surrounding the Supreme Court’s hearing two cases related to this, Planned Parenthood linked to one of their favorite posters, reproduced just below.  The poster is so mendacious, it cries out for a post in point-by-point response.

1. 99% still can—and 99% already were, long before Obamacare came up.  Neither case before the Court has anything to do with women’s access, only whether employers, or insurers, must cover birth control in every plan offered.  And it’s always been cheap, too, including for guys (why aren’t condoms mandated, by the way?  Whatever happened to equality of the sexes?).  WalMart, for instance sells birth control pills for as little as $4/mo.  The doctor’s appointment to get the prescription still is extra.  WalMart sells condoms for as little as $15 for three dozen.  No doctor’s appointment required.

2. Birth control for health reasons isn’t birth control; it’s medicinal use for treating an illness or other condition unrelated to pregnancy.  As a medicine, it’s already covered in other aspects of a health plan.  If it isn’t, that would be a legitimate gripe, but it would be legitimate only between customers and plan purveyors.  It would remain no business of government.

3. 27 million women still can; this is wholly unrelated to any question of the legitimacy of a contraceptive coverage mandate.  See #1 above.

4. 70%?  That depends on who’s polling.  Of course there’s a bias involved: who doesn’t like free stuff?  Especially when they’re not the ones paying to make it “free.”

5. Who, indeed, are the plaintiffs?  Two families with deeply held religious beliefs who live their religion in their business operations, too—like charity toward all, family nurturing practices vis-à-vis their employees, and so on.  What products they offer to sell matters to this debate how, exactly?

6. Slippery Slope?  This is a cynically offered straw man.  No one is regulating women’s access to birth control here except the government.  No one is looking to regulate access to vaccines, transfusion, etc—except, perhaps government as it attempts to start down this slope.  The only thing the plaintiffs in these two cases want to do is to not be regulated in this arena.  As to access itself, see #1 and #3 above.

7. First time for whom, actually?  Businesses always before have had the choice to offer health coverage plans (back when they actually resembled insurance policies and not Obamacare’s mandated health welfare plans).  Now it’s government that wants, for the first time, to eliminate that right to choose.  And, of course, with this point, Planned Parenthood ignores the fact that in opposing the plaintiffs, they’re seeking nakedly to impose their own personal beliefs on others.  This whole argument also cynically elides the fact that it’s a market choice, not business’ or government’s, that determines what gets included in a health coverage plan.  At least in a free country.

As to the Twitter hashtag #Notmybossbusiness, indeed it’s not.  The employer has no business providing birth control to his employees, “free,” or otherwise.  The use of birth control is a personal choice, not an employer’s.

Knowledge of Obamacare

Seventy percent of uninsured Americans said they do not know about Obamacare tax credits, and 45% are unaware of the enrollment deadline.  So says a poll taken by Bankrate.com.

What might this mean, really, especially in the face of a Democratic Party that’s already demonstrated an impressive skill at getting its message out to all Americans?  Some thoughts come to mind.

  • We aren’t as plugged in to the Internet as we like to think we are.  While that might be true for rural America, the number of rural Americans cannot account for these numbers.
  • Nobody reads the newspapers or watches network news on television anymore.  Declining circulation and Nielson ratings do tend to support this.
  • It might also be strongly influenced by what we actually do when we’re online or reading the papers or watching TV.  Folks no longer read the “news” or watch it on TV—they’re reading the funny pages and sports sections, and they’re watching entertainment programming on TV.  And they’re doing largely the same thing as they surf the Internet.  The “news” items, no longer being unbiased reporting of the day’s events, are being increasingly disregarded altogether.
  • And it might be a simple case of whatever the Democratic, or Republican, Party says is becoming increasingly disregarded: from the fatigue induced by the constant bombardment by both parties (but by the Democrats especially) with political pronouncement, and duns for money which add to the general fatigue, as well as an irritation aspect.  And from a growing disdain for the routine and blatant mendacity of each party.

Obamacare Dissembling

The Obama administration announced Wednesday that it will let people keep health insurance plans that would otherwise be out of compliance with ObamaCare for another two years….

Yet, just a bit over a year ago, when President Barack Obama first “waived” the Business Mandate, he threatened to veto a House bill that would have codified that delay and that added a comparable delay of the Individual Mandate—what he’s now “waiving” for those two years.

Obama vastly prefers diktat to legitimacy.