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No group in recent political history has been more thoroughly vindicated than ObamaCare critics, and none more discredited than its advocates, whose every estimate of the program’s cost was either a deliberate fraud or a stunning miscalculation. Look now upon the wonder of an early ObamaCare program that only drew about a quarter of the anticipated enrollees, but swiftly went bankrupt anyway.
From the New York Times:
The Obama administration said Monday that it was cutting payments to doctors and hospitals after finding that cost overruns are threatening to use up the money available in a health insurance program for people with cancer, heart disease and other serious illnesses.
The administration had predicted that up to 400,000 people would enroll in the program, created by the 2010 health care law. In fact, about 135,000 have enrolled, but the cost of their claims has far exceeded White House estimates, exhausting most of the $5 billion provided by Congress.
Under a new policy issued by Kathleen Sebelius, the secretary of health and human services, “health care facilities and providers will get paid less” for providing the same services to patients in the federal program, known as the Pre-Existing Condition Insurance Plan.
In most cases, payments to health care providers will be capped at Medicare rates, which are substantially less than the commercial insurance rates they have been receiving. The new policy generally prohibits doctors and hospitals from increasing charges to consumers to make up the difference.
The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward (1926–2001) and Frances Fox Piven (b. 1932) that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a national system of "a guaranteed annual income and thus an end to poverty". Cloward and Piven were a married couple who were both professors at the Columbia University School of Social Work. The strategy was formulated in a May 1966 article in liberal magazine The Nation titled "The Weight of the Poor: A Strategy to End Poverty".
Originally posted by aravoth
I work in healthcare, for a major company, at a major hospital, and the future is extremely bleak. I can't even begin to tell you the staffing problems that have already arisen as a result of this. Not to mention the other cuts we are currently making.