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June 16, 2014

Three more about one of my least favorite federal laws *evah*

Michael Tanner, Cato: "Obamacare: Still Failing ".

Perhaps the worst news is coming from states where next year’s insurance premiums have already been announced. This will undoubtedly come as a big shock to anyone who hasn’t been paying attention, but the premiums are going up. A handful of small and niche insurers are requesting smaller increases, and a few have lowered rates, news eagerly seized upon by Obamacare supporters. But, in reality, most of the major insurers are calling for double-digit increases next year.

Laura Unger, Louisville Courier-Journal, "More patients flocking to ERs under Obamacare":

It wasn't supposed to work this way, but since the Affordable Care Act took effect in January, Norton Hospital has seen its packed emergency room become even more crowded, with about 100 more patients a month. . . .

That's just the opposite of what many people expected under Obamacare, particularly because one of the goals of health reform was to reduce pressure on emergency rooms by expanding Medicaid and giving poor people better access to primary care.

Investors.com editorial, "ObamaCare's Looming Subsidy Overpayment Crisis":

Lawmakers have learned that ObamaCare could end up overpaying insurance subsidies by as much as $152 billion. That's more than the deficit cut Washington once promised ObamaCare would produce.

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