i·ro·ny (noun) The expression of one’s meaning by using language that normally signifies the opposite, typically for humorous or emphatic effect.
Affordable” Care Act will cost Clark County’s charity hospital, University Medical Center, $52 million over the next six years because it cuts federal funding and still doesn’t cover illegal immigrants.
A UMC executive told county commissioners Tuesday the hospital expects the uninsured to drop from 21 percent to 10 when ObamaCare is completely rolled out next year, adding revenue for the hospital, but will be offset by an increase in Medicaid patients, since the governor recently agreed to expand Medicaid coverage to those earning 138 percent of the poverty level, about 78,000 state residents. Medicaid seldom covers actual cost of care, thus a loss. Who will have to pay for that, Gov. Sandoval?
To add insult to injury, The New York Times reported over the weekend that health insurers across the country are seeking rate hikes. Might this be because they are already being required to cover dependents up to age 26 and provide preventative coverage at no out-of-pocket cost? Imagine what it will be when the rest of the Act kicks in.
“In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013 …” the Times reports. “In other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders. The rate increases can amount to several hundred dollars a month.”
Nevada is not left out. Aetna is seeking double-digit rate hikes here, too, according to a government website, and two other companies are asking for 24 percent hikes. Some hikes are already in effect.
Meanwhile, The Hill is reporting that some of Obama’s most loyal constituents, those aged 21 to 29, could see health insurance rate hikes of as much as 42 percent because of the law’s restrictions against pricing according to age.
Affordable? Now that is the definition of irony.