Tuesday, November 19, 2013
Government
Health Reform Grades
Can
Washington D.C. make the grade?
Title
of government document
1)
Budget
Running 45% in 2014 over estimated budget
of $984 billion in 2010. Cost may reach $2.7
trillion by 2020-2025. “Savings” from
cuts to hospitals, physicians, Medicare, accountable care organizations, and
health plans yet to be realized.
Grade: D-
2)
Healthcare.gov cost and performance
$634 million, with “fix,” is likely to exceed $700
million. Performance is poor to inadequate to
“promising” (saith the government).
Grade:
D
3)
Access
·
Medicaid may expand by 30 million to 50
million and beyond.
·
Loss of health plans by employers to
spouses, retirees, and plan cancellations, total number lost unknown, now 10 million,
may reach 50 million or more in 2015.
Grade: C-
4)
Quality
In eye of beholder,
employers, patients, physicians, government
officials.
Effect: Negligible to negative
to potentially positive (saith the government).
Grade: C- to C+
5)
Effect
of Regulations, Fines, Penalties, Taxes on Business, cumulatively amounting to
$500 million, on economy.
“Drag” on economic
growth, innovation, investment, and spike in costs of hiring of full-time
workers and providing coverage for them.
Grade: D+
6)
Effect
on Physicians and Hospitals
Less revenue, loss of productivity,
more compliance costs, decline of time for patients, more overhead, more calls
for coordination, more consolidation, exodus from practice, from seeing
Medicaid and Medicare patients, and physician shortages.
Grade:
C-
7)
Public
Acceptance and Approval
Negative from onset,
with current approval ratings from 37% to 43% and disapproval ratings from 47%
to 58% with 55% favoring repeal.
Grade: D+ to C-
8)
Final
Grade – I (Indeterminate) to P (Provisional,
Pending, or Problematic)
Tweet: By these criteria – budget, healthcare.gov, access, quality,
effect on economy, providers, and public,
Obamacare isn't making the
grade.
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