Thursday, March 15, 2012

Romney-fication of Health Care Reform

Read it and weep! This is what Mitt Romney did to Massachusetts. Trust me, he will not repeal ObamaCare because it is the offspring of his beloved RomneyCare. America, we are being played by the Republican and Democrat Progressives as we watch them dismantle and destroy our God-given right to life, liberty and the pursuit of happiness. - Reggie

Massachusetts cost hikes could go nationwide with Obamacare

Massachusetts Gov. Deval Patrick just exhorted legislators to overhaul the way the state pays for health care. He’s pushing for an end to the traditional arrangement of compensating doctors and hospitals for each service they provide.

It’s not yet clear what will replace this “fee-for-service” payment system. But there’s growing support for a “global budget” model, under which primary care physicians would receive annual lump sums for each of their patients - regardless of how little or how much care they needed.

The move toward global budgets highlights the failure of Massachusetts’s 2006 health reform plan to make health care more affordable. Because the Bay State’s plan served as the template for President Obama’s health reform package, the consequences of that failure could soon be felt nationwide.

A new report from researchers at the University of Minnesota details the magnitude of Massachusetts’ health reform catastrophe. They interviewed more than 3,000 state residents in 2010 and found that “Massachusetts continues to struggle with escalating health care costs, reflecting the decision to defer addressing costs in the 2006 legislation.”

The study revealed that the share of insurance premiums for family coverage paid by the average worker jumped more than 10 percent since 2006. Half of respondents said that they were spending more on health coverage in 2010 than 2009. And a quarter weren’t confident that they could afford care the following year.

About 1 in 4 respondents reported delaying treatment because of concerns about cost. That share is up from 2006. And 1 in 5 adults had problems paying medical bills - the same percentage as in 2006. “There was no sustained improvement in problems paying medical bills,” the researchers wrote.

The Bay State reform effort did expand coverage and improve access to preventative care. But the rapidly rising cost of care has counteracted these benefits. As the researchers politely put it, it’s “likely that the economic downturn and the continuing increase in health care costs … dampened any gains in coverage and affordability that might otherwise have been achieved under health reform in the state.”

The employer-sponsored insurance market in particular has suffered. That’s bad news, as it’s how most Bay Staters - and most Americans in general - get their coverage.

Between 2006 and 2010, average employer premiums increased from $1,011 to $1,200 for single coverage, and from $3,128 to $3,444 for family coverage. If premiums continue to rise at this rate, state residents will see their take-home pay dwindle even more.

No comments: