Listen to Jack Rasmus’ archived radio show, Alternative Visions, for wednesday, July 10, on the Progressive Radio Network, for an analysis of the Obama administration’s decision last week to extend the mandate for employer participation in the new health care law for another year, until January 2015.
A more comprehensive analysis follows, addressing the growing problems with implementation of the Affordable Care Act, ACA (Obamacare), including growing indications employers are preparing to convert full time workers to part time status to avoid the law; states continue to opt out of providing additional Medicaid coverage per the law; 34 states still refuse to implement health insurance exchanges; why health insurance premiums for both the working poor and middle income households will be unaffordable despite government partial subsidies; why health insurance premiums for healthy subscribers in the exchanges will double compared to their present coverage; why the long term care (nursing home) exemption from the law is now resulting in doubling of premiums; why the 40% excise tax on union negotiated employer health insurance by 2018 will result in escalating premiums and costs now; cuts in payments to safety net hospitals; and other elements.
Jack points out the historical connections between Obamacare, George W Bush’s health savings accounts (HSAs) pure privatization program, and Clinton’s ‘managed care’ and the 1990s anti-trust exemptions for the health care industry that set off runaway health care inflation.
Jack argues Obamacare will implode circa 2015-16, leaving a return to the fight over full privatization of health care (voucher system) advocated by corporations and conservatives vs. the only long term true solution of ‘Medicare for All’.
To listen or download the Alternative Visions show of 7-10-13, go to:
http://prn.fm/shows/political-shows/alternative-visions/#axzz2YfBZ92HF
Dr. Jack Rasmus @drjackrasmus
Jack Rasmus 