Stanley Feld M.D.,FACP,MACE
All Men Are Mortal
Socrates Is A Man
Socrates Is Mortal
This is the classical syllogism. Syllogisms are a form of decisive logic that leads to a certain conclusion.
“A syllogism (Greek: συλλογισμός – syllogismos – "conclusion," "inference") is a kind of logical argument in which one proposition (the conclusion) is inferred from two or more others (the premises) of a specific form. “
In my last blog I reported the 3.5% tax the Obama administration is levying on the healthcare insurance industry for ever healthcare insurance policy it sells through Obamacare’s health insurance exchanges.
In 2014 the healthcare insurance industry is going to be required to sell healthcare insurance policies through the health insurance exchanges.
The healthcare insurance industry will also be required to sell plans that comply with the rules and regulations of the Obama administration.
The 3.5% tax “users fee” was published on a Friday afternoon at the end of November. The tax received little media attention. I said the healthcare insurance industry would pass this “users fee” on to the consumer.
At the end of December the healthcare insurance industry did better than that. It increased healthcare insurance premium rates by double digits.
“Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.”
The consumers most affected by the higher rates are small businesses and consumer who must purchase insurance on their own.
"In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders.
The rate requests are in addition to the 39% increase in rates last year.
In other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders. The rate increases can amount to several hundred dollars a month.
In 2010 the increase in healthcare insurance premiums increases provided springboard for public opinion sympathy of the Affordable Care Act (Obamacare).
Obamacare will go into full effect in 2014.
Why would a business (the healthcare insurance industry) facing loss of its customers because of high premiums increase premiums even further?
Why, if the traditional media has published articles stating that the cost of healthcare has been decreasing would a premium increase be justified?
“During the fiscal year that ended Sept. 30, 2012, the amount Medicare spent per beneficiary rose by just 0.4 percent. That's three percentage points less than the economy, as measured by gross domestic product, grew during that same period.”
If Medicare spending has risen only .4% why would Medicare premiums increase by at least 33% while private healthcare insurance premiums are increasing by 10-30%?
Annually physicians’ reimbursement continues to decrease.
Why do consumers’ deductibles continue to increase each year?
It is illogical. The numbers do not make sense. The actions do not follow the syllogistic logic.
How can Medicare be losing money? Medicare premiums are means tested and represent a redistribution of wealth.
The average premium for Medicare with after tax dollars for a couple with a reasonable pension fund is $15,000 dollars.
In 2014 Medicare premiums are scheduled to increase to more than $20,000 for full Medicare insurance coverage.
Seniors have paid for Medicare insurance in payroll taxes continuously for the last 47 years.
There is something wrong with the numbers. They do not add up. Where is the extra money going?
Consumers must start becoming aware of these facts.
Only consumer protest will bring out the truth about these illogical numbers.
The opinions expressed in the blog “Repairing The Healthcare System” are, mine and mine alone.
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