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Category Archives: consumer

Rising Healthcare Costs did not Get Memo about ObamaCare Saving Money

  Among the many accomplishments that The Affordable Care Act, or ObamaCare, was supposed to bring to the American people was to be lower healthcare costs.  Like so many other promises of ObamaCare (remember the one about keeping your health insurance?), this has not proven to be true, either.  A recent article in Consumer Reports details a survey conducted by ...
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Will ObamaCare kill the Bull Market?

  Both the Dow Jones Industrial Average (DIA) and the Standard & Poor’s 500 Index (SPY) have tripped in recent market action. The bull market in equities, now longer than five years, have been very generous to many shareholders.  That is especially true for health stocks, especially those in the high technology sector with products at the retail level for ...
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The Doctor is not in the House for ObamaCare

  A lot of things look great on paper, but collapse when confronted with the reality of the marketplace. That was certainly the case when Time Warner (NYSE: TMX) merged with AOL (NYSE: AOL).  The new combination looked great on paper.  But it was a disaster, considered by many to be the worst corporate merger in history.  Eventually, it had ...
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Not Even Re-Enrollment in ObamaCare is Easy

  It certainly seems as if nothing is ever easy, or inexpensive, with The Affordable Care Act, or ObamaCare. The rollout last year of HealthCare.Gov, the Federal Government health insurance exchange, was a disaster.  It was also expensive.  Total costs or it are now over $2.1 billion, more than twice that estimated by The Obama Administration. Now it looks like ...
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“Runaway Obamacare Spending Will Cost Democrats”

  Sometimes the Big Headline says it all! “Runaway Obamacare Spending will Cost Democrats” is one such headline, gracing a piece by Lanhee Chen for BloombergView, the opinion section of Bloomberg News.  Among other titles, Bloomberg LP publishes Bloomberg Businessweek.  Lanhee Chen is a columnist for Bloomberg View, in addition to being a research fellow at the Hoover Institution.  He ...
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First Year Cost of ObamaCare Projected to be $100 Billion!

  Bloomberg Government has stepped in where the United States Government is falling short when it comes to accounting for the costs of The Affordable Care Act, or ObamaCare. Bloomberg Government recently reported that the cost of HealthCare.Gov, the Federal Government website for The Affordable Care Act, was $2.1 billion.  That was well over twice what The Obama Administration reported ...
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Apparently $2.1 Billion is Not Enough!

  Bloomberg Government released a study that reported that $2.1 billion in funds from the American taxpayer had been spent on HealthCare.Gov, the Federal website for The Affordable Care Act, or ObamaCare. That is more than twice what The Obama Administration claims has been spent. Apparently, that has not been enough.  The Obama Administration is now giving Web MD nearly ...
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$2.1 Billion for ObamaCare Website that Still Does not Work!

  The most recent estimate for HealthCare.Gov, the website for The Affordable Care Act, or ObamaCare, is now $2.1 billion. That is based on analysis of documents by Bloomberg Government. Needless to say, that is much higher than the figure given out by The Obama Administration.  The most recent estimate for the cost of HealthCare.Gov from The Obama Administration is ...
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ObamaCare Claims Another MD Victim!

  There are many tragedies in the saga of woe that has been The Affordable Care Act, or ObamaCare. Perhaps the most haunting are those of medical doctors leaving their practices due to the burdens of The Affordable Care Act.  Dr. William Wennen, a plastic surgeon for nearly forty years in Alaska, is shuttering the doors of his practice.  The ...
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