Profiting from ObamaCare (Congress, salary, Reagan, health care)

[DRob4JC]

Health exchanges: A new gold mine

Smith and Graham aren’t the only Leavitt Partners employees pulling extra hours. Staff at the firm has doubled over the past year, as has office space in the Salt Lake City headquarters.

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More than $300 million in exchange grants has already flowed into the states since the Affordable Care Act passed. That number will grow exponentially in the coming months, as states move from the initial steps of passing exchange legislation to the more lucrative task of setting them up.

For health consultants and information technology vendors, it’s already shaping up to be a gold mine.

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“It’s a tremendous opportunity,” said Steven Auerbach, president of the health IT company Connextions, which has added more than 2,000 jobs this month alone as it gears up to compete for both private and state exchange business.

Leavitt is former Republican Health and Human Services secretary (under Bush) getting paid by helping states implement ObamaCare. He is OK acquiring his riches from tax transfers.

He is part of the problem.

What is the problem? Too many people who choose to acquire wealth from taxpayers - whether it Leavitt making a bunch of money, or the welfare mom who gets barely enough to make it each month. The country simply will not survive with an abundance of people living off of redistributed money (which is ALL of government spending).

Yeah I know - there are 2,000 jobs created from Obama's policies - isn't that good? Not exactly - they are not getting paid from investment and risk from running an independent enterprise. I am paying their salary. So what does that mean? There is really no economical gain. The jobs are not "organic" in that Leavitt Partners are not the source of the growth. I am. You are. And Obama wants a raise (tax increases) for the services he provides.

[DRob4JC]

The old Reagan message - just say no.

Just Say No to Implementing Obamacare

President Barack Obama's government takeover of health care is vulnerable. One year after enactment, it has suffered two major defeats in the courts and enjoys the support of just 38 percent of Americans. The furious assaults that opponents are mounting in Congress and the courts could prove futile, however, if well-meaning yet misguided opponents of the law in Richmond and other state capitols continue to build the architecture of Obamacare.

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States are under no obligation to create these bureaucracies, however, and many have wisely refused. "Creating any kind of exchange is just throwing a lifeline to an unconstitutional law that's a disaster for patients, for taxpayers and for businesses," says Gov. Rick Scott, R-Fla. "We're not going to do that in Florida."

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When Utah Republican Gov. Jim Huntsman created another "market-friendly" exchange in 2008, it made health insurance more expensive than it was on the open market. Politicians responded to this government failure as they typically do, with more government: They imposed a series of taxes on consumers outside of the exchange to prop up the health plans inside it. In the process, Utah has unwittingly put in place the infrastructure for an Obamacare exchange, thereby proving there is no such thing as a non-Obamacare exchange either.

The carrot to lure in these states and companies to do the legwork for ObamaCare is the tax revenues that lines their pockets. And once that happens, then...

Exchange employees would owe their power and paychecks to Obamacare and would therefore join the fight against repeal. If exchanges start doling out billons of taxpayer dollars in 2014, private insurers will plow much of that money back into fighting repeal in order to protect their subsidies.