Obamacare's Destructive Impact on Business

Obamacare is likely to exacerbate many of the concerns and costs that are already burdening businesses—particularly small-business owners—in at least four ways.
1. Higher Health Care Costs
2. Employer Mandate
3. Higher Regulation Compliance Costs
4. Medicare Taxes on Flow-Through and Investment Income

Read the complete article by Alyene Senger at The Heritage Foundation.

Has Anyone Asked the Patient?

Non-physician practitioners are gaining the licensing to expand the scope of their work to include more of what has until recently been considered the domain of fully trained and certified physicians. This trend may provide some flexibility in the delivery of care and relieve the doctor shortage. But should patients be obliged, with no choice in the matter, to accept a nurse practitioner as just as good as a physician?

Read the complete article by Howard Hyde at AmericanThinker.com.

ObamaCare Means Whatever Obama Wants It To Mean

On Wednesday, the Nevada AFL-CIO passed a resolution declaring that "the unintended consequences of the ACA will lead to the destruction of the 40-hour work week." That's quite an accomplishment for a "health" "care" "reform" law. But the poor old union heavies who so supported ObamaCare are now reduced to bleating that they should be entitled to the same opt-outs secured by big business and congressional staffers. It's a very strange law whose only defining characteristic is that no one who favors it wants to be bound by it.

Read the complete article by Mark Steyn at Investor's Business Daily.

Health Care Solution: Patients in Command

If patients commanded the resources spent on their behalf, most of the economic problems of health care would be resolved. But the government won't permit that.

Read the complete article by Howard Hyde at FrontPageMag.com.

‘Stupid’ ObamaCare Provision Offends America’s Highest Caste: Congress

In effect, ObamaCare throws members of Congress out of the Federal Employees Health Benefits Program (where most members and staff obtain health insurance) and offers them no other choice but to enroll in coverage through one of ObamaCare’s Exchanges. But here’s the kicker: though the federal government currently pays thousands of dollars of the cost of the congresscritters’ FEHBP coverage, neither ObamaCare nor any other federal law authorizes the feds to apply that money toward a congresscritter’s Exchange premiums.

Read the complete article at The Cato Institute.

Hello World! (Especially Ukraine, China, Germany, Russia...)

Over a third of the traffic to this site comes from outside of the United States. Here is the breakdown for the past 30 days:
United States: 64%
Ukraine: 13%
China: 8%
Germany: 4%
Russia: 2%
Slovenia: 2%
Bulgaria: 1%
Israel: 1%
France: 1%
Poland: 1%
Others: 1%

If you are one of HHCapitalism's international readers, we would like to hear from you. Post a comment on an article that interests you or write the editor at HHCapitalism@gmail.com. What do you think about the content of this site? What are your thoughts about America and/or your home country, historically and/or today, its economic development and direction? Do you think America and/or your home country is ascendant or in decline? What lessons about economics and capitalism are you finding valuable, which ones less so? What improvements would you make?
Best regards.

Americans for Prosperity Sponsors Message from Union Bosses on Obamacare

Americans for Prosperity, the nation's largest grassroots advocate for economic freedom, printed a full page ad in the Washington Post highlighting quotes from over a half dozen major unions leaders urging reforms and expressing serious concerns and questions about the negative impact of ObamaCare.
Read the complete article at AmericansForProsperity.org.

Hospital Networks Reject ObamaCare Initiative

Nine major hospital networks just decided they'd had enough of being "Pioneers" for ObamaCare. They withdrew from the health reform law's Pioneer Accountable Care Organization (ACO) initiative, which launched in January 2012 with 32 health systems participating. These ACOs are supposed to integrate doctors, hospitals and other providers into one seamless network that could "coordinate" care for Medicare patients — and in so doing, eliminate waste and control costs. But as these nine casualties illustrate, ACOs are going to fail in that mission. Worse, they'll diminish the quality of care that Medicare patients receive.
Read the complete article by Sally Pipes at Investor's Business Daily.

Defunding Obamacare: Worth a Try

Sometimes lawmakers really should stand for something more important than their own reelection. Obamacare is such a fundamental transformation of the American health-care system, and its consequences for patients, providers, taxpayers, and the economy are so grave, that if this is not an issue that Republicans are willing to lose their jobs over, what is?
Read the complete article at The Cato Institute.

Obamacare delay will cost $12 billion, affect 1 million workers

The report by the non-partisan Congressional Budget Office is the first authoritative estimate of the human and fiscal cost from the administration's unexpected one-year delay announced July 2 of the employer mandate - a requirement for larger businesses to provide health coverage for their workers or pay a penalty.
Read the complete article at Reuters.com.

Obamacare Accelerating U.S. Towards A Part-Time Nation

Obamacare is accelerating a disturbing trend towards “a nation of part-timers.” This is not good news for America.
Read the complete article at Forbes.com.

Defunding: Framers’ Remedy For Presidential Lawlessness

Obama does not have the authority to choose which parts of the law are enforced. In 1975, the Supreme Court ruled unanimously against President Nixon’s inflated claims that he could selectively carry out the law.
Read the complete article by Betsy McCaughey at BetsyMcCaughey.com.

What the [Un]affordable Care Act Has Already Accomplished

The Unaffordable Care Act (UCA) or ObamaCare, has already achieved much of what its architects intended—if you agree that the purpose if the law was to:

• line the pockets of certain connected cronies
• create an industry-wide consolidation in the insurance and hospital business
• inject mass chaos into the already dysfunctional medical marketplace
• generate fear amongst physicians such that many would succumb to the hostile takeover offers of the rich hospitals
• implement the most egregious breach of patient confidentiality by collecting private health information and records

Read the complete article at American Association of Physicians and Surgeons (AAPS).

Obamacare national marketing campaign to cost $700 million

As President Barack Obama's health care law moves from theory to reality in the coming months, its success may hinge on whether the best minds in advertising can reach one of the hardest-to-find parts of the population: people without health coverage. The campaign won't come cheap: The total amount to be spent nationally on publicity, marketing and advertising will be at least $684 million, according to data compiled The Associated Press from federal and state sources.
Read the complete article at AmericanThinker.com.

Obama’s Misleading Obamacare Claims

In reality, Obamacare causes health care premiums to skyrocket—even in the much-touted California market. Obamacare will increase individual health insurance premiums [in California] by 64 to 146% in one year.

Read the complete article at Accuracy in Media.

The Myths of Single-Payer Health Care

Here are some of the more prominent single-payer myths:
Myth No. 1: Everyone has access to health care a single-payer system.
Myth No. 2: Claims of rationing are exaggerated.
Myth No. 3: A single-payer system would save money on administrative costs.
Myth No. 4: Single-payer will provide fair and quality care for everyone.
Myth No. 5: Single-payer leaves medical decisions to patients & doctors.
Myth No. 6: Single-payer systems achieve better health outcomes.
Myth No. 7: The U.S. systems also engages in rationing.
Myth No. 8: A single-payer system will not hamper medical research.
Myth No. 9: Single-payer will save money as patients seek care earlier.
Myth No. 10: The free market in health care has failed in the U.S.

Read the complete article at FreeMarketCure.com.

Oregon Libertarians to Obamacare: Don’t Fence Me In

Ben Nanke, a 20-year-old aspiring songwriter and filmmaker from Salem, was none-too-pleased to see the glossy odes to Obamacare that will run in Oregon at a cost to taxpayers of some $9.9 million. Who can blame him? The videos claim Obamacare will make you healthier and live longer, even though there is zero reliable evidence that’s the case, and much evidence to suggest it won’t.
Read the complete article at The Cato Institute.

Behind the Times’ ObamaCare ‘News’

The Obama administration has been quick to seize on a report last week in The New York Times that the Affordable Care Act, otherwise known as ObamaCare, will reduce premiums for individually purchased insurance in New York from $1,000 per month to just $300, a phenomenal 70 percent reduction. ObamaCare is a success! Happy days are here again.
Or not.
Read the complete article at The Cato Institute.

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More health reform information on the Obamacare page.

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Under Obamacare, Small Business Owners Will Take Big HIT in 2014

Several small business owners told Congress they don’t know how they will stay afloat when the Patient Protection and Affordable Care Act’s Health Insurance Tax (HIT) raises insurance premiums by as much as $500 per employee in 2014.
Read the complete article at CNSNews.com.

Moderate Democrats are quitting on Obamacare

The landmark health-reform law passed in 2010 has never been very popular and always highly partisan, but a new Washington Post-ABC News poll finds that a group of once loyal Democrats has been steadily turning against Obamacare: Democrats who are ideologically moderate or conservative.
Read the complete article at The Washington Post.