What ObamaCare Means for Ohio
This is Avik Roy:
- Premiums for individual health insurance will increase by as much as 85 percent.
- Medicare spending will be reduced by $10,763 for every Ohio senior.
- There will be deep cuts in Medicare Advantage for more than 700,000 Ohio seniors.
- More than 30 percent of Ohio physicians say that they will place new or additional limits on accepting Medicare patients.
Hope those Ohioans are paying attention to this.
All this from our Glorious Overlord who promised to save healthcare and bring in a new Golden Age.
just in time for the election!
There are those that believe ObamaCare is just an intermediate step on the road to Single-Payer National Health Insurance. I often suspect that is the case. In a decade, when costs have shot up and no longer affordable, people will clamor for help. At that point, they will be beaten down by yet another decade of escalating costs. With the last of the Baby Boomers approaching retirement and insurance premiums cost prohibitive, even Boomers will throw up their hands and accept government health care (after all, Medicare is government health care).
As a native Ohioan, I can say: So much of winning in Ohio is about appealing to the working class. There needs to be a strong, well-argued case made about how ObamaCare hurts the working class by the GOP if they feel they need this state.
Correction: Premiums for individual health insurance will increase by as much as 85 percent *before subsidies*
A small difference but an important one.
Cindy, as a native Ohioan — do you buy his focus on the middle class?
It’s become difficult to stomach a lot of the campaign ads.
@Alex: Yeah, they’re the only ones who matter!
Ohio is going to play a huge role in this election. We’ll see how Ohioans vote come Tuesday!
@ Cindy,
I believe your thought also applies to all the other 49 states.
“More than 30 percent of Ohio physicians say that they will place new or additional limits on accepting Medicare patients.” I just had a Deja Vu!
John:
Thanks so much for providing this paper.
I am only on page 7, but here is a very important statement:
“It should be noted that these increases will be in addition to regular expected healthcare inflation. The 2011 Milliman Medical Index reported 7% to 8% annual trends for the fourth year in a row.”
Without including medical trend, the figures can look a heck of a lot different in 10 years. For example, on the material Milliman provided for us, the catastrophic coverage (above $25,000) for one person went from $1,600 a year to over $3,200 a year 10 years later.
For a family, multiply that by 2.7.
Don Levit