The following content is Americans who support limited government.
Remember the moment 15 years ago when then-President Barack Obama promised that socialized health care programs would not apply to illegal aliens and Congressman Joe Wilson exclaimed:You’re a liar!Remember how the Democrats and their media boosters all accused Wilson of lack of civility and lying?
wilson was It was wrong at the time. He’s not accusing Obama of lying about Democrats’ plans to steal taxpayer money. give to future voters; He was wrong not to say, “You’re a liar!” Every line that came out of Obama’s mouth. Even NPR told Obama, “This year’s lieAwarded for Obamacare and NPR in 2013 only employs democrats.
The ridiculously named Affordable Care Act (ACA) will turn 15 next March. This is a great example of Democrats saying: just! want! To! help! people! But passing power grabs only help themselves. President Obama even found a way to twist the derogatory “Obamacare” into a catchphrase.Yes, Obama I be concerned!”
very similar pre-team usa iraq, ACA promised to make hospitals across America happy places with rainbow skies and rivers made of chocolate, where children would dance, laugh, and play with gumdrop smiles. But what we got instead is incompetence, huge profits for vertically integrated insurance companies, and even AI-assisted medical rationing.
The incompetence that guided Obamacare was recently exposed when cyber hackers outmaneuvered UnitedHealth Group in late February. Change Healthcare, the unit that submits claims for UnitedHealth Group, was targeted. ransomware attack, prescriptions, doctors, and all other payments will be delayed. The consequences of UnitedHealth’s disregard for proper cybersecurity have proven to be dire, as the company conducts 15 billion transactions annually.
This cyberattack is such a big deal that the Senate Finance Committee is scheduled to meet next week. hearing This is expected to bring UnitedHealth CEO Andrew Whitty closer to the fire. The House Energy and Commerce Committee similar hearing May 1st.
The most obvious question is, “Why can’t we afford proper cybersecurity?” UnitedHealth is making record profits thanks to Obamacare.Last year’s net profit was $22.4 billion,and it is, Market capitalization $1 trillion.
So it looks like the company has some leeway. white hat. Since his premiums increased by 13% last year, that money has to go somewhere, right? Certainly not in CEO Whitty’s pocket, who only made a modest profit. $25 million last year.
Government-backed monopolies appear to be able to get away with quite a bit of money.
One reason UnitedHealth has record profits is because it rations health care. The company uses AI to Systematically deny benefits to people Through an intermediary called NaviHealth. Insurance monopolies like UnitedHealth increasingly seek to control every step of patient care, and technology has made it easier to do so. So if you’re one of the 52% of American girlfriends, Worried Don’t worry about the future of AI. The bad ones already exist.
However, it can get much worse.
From 2019 to 2022, AARP spent more than $60 million promoting “Rent Demand” Clause The Inflation Control Act is a law with a name so disingenuous that it makes the Affordable Care Act almost sound honest. This provision would allow Medicare to engage in so-called “negotiations” with drug companies over prices. The problem is that giving companies an offer they can’t refuse – a 95% tax if they don’t agree – isn’t negotiation at all.and AARP’s victory lap article It did not say how these bargaining requirements would benefit the private insurance companies that provide subsidies to AARP. In addition, the IRA is extending subsidies under the ACA to private insurance companies, which will add billions of dollars to profits.
Phil Karpen, president of American Commitment, a free market advocacy group I have written“Under the IRA, insurers like UnitedHealth are looking to reap financial windfalls from massive Obamacare subsidies and government price controls that determine the pricing of many pharmaceutical products. There is.”
(He doesn’t lie.)
Obamacare is the snake oil of the 21st century. Obama said, “If you like your plan, you can keep it,” “This doesn’t cover illegal aliens,” “The deficit won’t increase by a penny,” or “Obama cares.” It seems to be the same as.what is he meaning “We will turn your health care into a vicious vertically integrated monopoly that withholds your care, enriches your executives, and exposes you to hackers.”
With both Obama and Wilson still in DC, maybe it’s time for a rematch. This time, Wilson simply says, “I told you so.”
