Wednesday, January 9, 2013

Obamacare - #4401 - Higher Healthcare Premiums Could Cause Obamacare to Death Spiral - Washington Examiner (2) Harvard Doctors Call for Massive Federal Tax 'on all Firearms and Ammunition' - Daily Caller (3) Statement of Mark Fitzgibbons for Boneta Bill Press Conference - Fauquier Free Citizen (4) Federal Regulations Blamed for Georgia Utility Closing 15 Coal, Oil Power Plants - Fox

Higher Healthcare Premiums Could Cause Obamacare to Death Spiral - Washington Examiner -This weekend, the New York Times reported on a development that’s completely unsurprising to critics of President Obama’s national health care law: “Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.  This weekend, the New York Times reported on a development that’s completely unsurprising to critics of President Obama’s national health care law: “Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers...... But as the Obama administration argued before the Supreme Court, those who choose not to purchase insurance would still be in compliance with the law so long as they paid the tax penalty for not purchasing insurance. Should premiums continue to rise, more and more uninsured Americans are going to choose to pay the penalty rather than purchase expensive insurance. And those who go without insurance are more likely to be the ones who can afford to do so — young and healthy Americans with limited medical expenses. Should this occur, insurers would have to raise premiums even more to subsidize the expenses of the sicker beneficiaries they must cover under the law. This, in turn, would cause additional people to forgo insurance and pay the fine. And so on. This is known in the health care policy community as the “death spiral” and it’s one of the biggest threats to the structure of Obamacare.  Read more........


Harvard Doctors Call for Massive Federal Tax on 'all Firearms and Ammunition' - Daily Caller - A trio of public health doctors from Harvard University argued Monday that the federal government should institute “a new, substantial national tax on all firearms and ammunition” to pay for programs that “reduce gun violence.” They wrote that the practice of periodic government safety inspections of automobiles should be expanded to include firearms, “including documentation of home storage and safety measures.” And they compared the enforcement of speed limits on roadways to now-common proposals to restrict the sale and possession of high-capacity magazines that can hold dozens of rounds of ammunition.  Read more........


Statement of Mark Fitzgibbons for Boneta Bill Press Conference - Fauquier Free Citizen - Today Virginians reclaim some freedom and property rights. House Bill 1430, the Boneta Bill sponsored by Delegate Scott Lingamfelter, amends Virginia’s Right to Farm Act first by making some clarifications, then by adding teeth to it so that farmers may protect their rights when counties violate the Act. Our speakers today are farmer and best-selling author Joel Salatin, Martha Boneta after whom the bill is named and Delegate Lingamfelter. Martha Boneta is the victim of nightmarish bureaucratic actions that include threats of fines of $5,000 per violation for selling her farm goods, advertising pumpkin carvings at her farm, and hosting a birthday party for her friend’s daughter and seven other girls.  Read more........

Federal Regulation Blamed for Georgia Utility Closing 15 Coal, Oil Power Plants - Fox - Tough federal emissions standards are being blamed for the closure of 15 coal-fired plants and the loss of nearly 480 jobs in Georgia. Georgia Power plans to close the power plants, cutting its grid capacity by more than 15 percent, in a move the utility said was necessary to comply with federal regulations aimed at reducing air pollution. Georgia Power used coal to produce 70 percent of its electricity as recently as five years ago, but now gets less than half its juice from the fossil fuel, according to the Atlanta Journal-Constitution. Officials said the lost capacity will be replaced with nuclear energy and natural gas. Although officials said customer’s bills won’t jump immediately, the cost of shutting down the plants could ultimately be passed on to consumers. Read more.......

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