Category Archives: Health care

How Obamacare Raids the Assets of Low-Income Older Americans

One feature of Obamacare that Lambert has mentioned in passing in his posts is that individuals over 55 who are enrolled in Medicaid are subject to having expenses like being in a long-term care facility, home services, and related drugs and prescriptions clawed back from their estates. A must read post at Paul Craig Roberts details how pernicious and sneaky these provisions are.

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ObamaCare: “Per Beneficiary” Limits a Loophole Insurance Companies Can Drive a Truck Through?

“What we’re also discovering is that insurance is complicated to buy.”Barack Obama

By Lambert Strether of Corrente.

ObamaCare defenders consistently point to the abolition of lifetime or annual caps on dollar costs as one of the main benefits of ObamaCare. (Never mind that the administration delayed complete implementation of limits on out-of-pocket costs until 2015.) However, via Michael Olenick, from ObamaCare Facts (“dispelling the myths”) we read this:

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Republican State Lawmakers’ Refusal to Expand Medicaid Will Result in Thousands of Deaths

While this site has been critical of the (Un)Affordable Care Act as a further subsidy to an already bloated medical-industrial complex, we do need to give the devil his due. One of the sections of the law that appears to have been genuinely beneficial is Medicaid expansion. However, as most readers well know, the results are inequitable, with poor people in Republican states that refused to take up this provision being left out in the cold.

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Bob Goodwin: Mainstream Medicine Capture of Wikipedia

Yves here. Wikipedia has become widely accepted as a highly credible source (I use it and even contributed in their recent funding appeal). It’s therefore important to know its limits and how they arise. Unfortunately, it appears, like most information sources, that it is subject to pressure, in this case, as Bob Goodwin contends, the medical-industrial complex.

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Simon Johnson Reminds Us That the Banks’ Quiet Coup is Still Very Much in Place

Simon Johnson wrote a remarkably blunt article for the Atlantic in May 2009 titled The Quiet Coup. In case you managed to miss it, it remains critically important reading. He provided an update of sorts in a New York Times column today.

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Obamacare Implementation as Teachable Moment

By Dan Fejes, who lives in northeast Ohio. Cross posted from Pruning Shears

Here is an interesting thing about the new health care law: News stories on it sometimes conflate flaws in the existing system with those in the new one. Many complaints about Obamacare are actually complaints about America’s health care system.

The administration bears some blame for that; the White House has done some conflating of its own. Most famously, the president assured us we would be able to keep our plans. That was never a promise he was in a position to keep. The new program still goes through the private insurance market, which means they decide what customers are restricted to.

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Obama Exempts “If You Like It You Can Keep It” Cancelees from the Individual Mandate

By Lambert Strether of Corrente

And we go to Happyville, instead of to Pain City. –Thomas Pynchon, Gravity’s Rainbow

In a six-part series on “ObamaCare’s relentless creation of second-class citizens,” I showed how people seeking health care through ObamaCare’s exchanges get randomly varying access to care because of age, geography (state and county), income, employment status, banking status, internet access, existing insurance status, language, demographics, and by CMS marketing category (1, 2, 3, 4, 5, and 6. In addition, people “on the bubble” for income eligibility are incentivized to corrupt the system by gaming it.)

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Yes Virginia, Obama and the Democrats Are Mussolini-Style Corporatists, Just Like the Republicans

Reader dSquib flagged a “bizarre” article by Mike Konczal in the New Republic titled, “Corporatism” is the Latest Hysterical Right-Wing Accusation: The secret history of a smear.” dSquib seemed quite perplexed that anyone would deem calling Obama a corporatist, which as we’ll demonstrate is patently true, a smear.

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Michael Hudson: Trade Advantage Replaced by Rent Extraction

An interview with Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard College, on the Renegade Economists radio/podcast

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