Tuesday, September 01, 2015

Jack Conway disappoints Kentucky consumers

A recurring banner ad on the Drudge Report web site paid for by Kentucky Obamacrats with your money screams "Great discounts, Better coverage!" but if you click on it, you are directed to the Kynect site for ObamaCare. If we had a functioning Attorney General who cared about consumer protection, our government would not do this.

There are no discounts in ObamaCare. The federal law mandating a slew of unnecessary health coverages funded with tax increases and made worse with multiplying regulations necessitates widespread subsidization to cover over even a part of the massive cost hikes wrought by ObamaCare. And the idea ObamaCare has anything to do with better coverage would be hilarious, but it just isn't anymore.

"Jack Conway's complicity in the ObamaCare debacle when his job requires him to protect consumers disqualifies him from public office of any kind," said Kentucky Progress publisher David Adams. "Consumers have much better coverage options at truly discounted prices from available health sharing ministries. For more than that, we need to elect politicians who understand ObamaCare must go. Jack Conway cannot be relied upon to make that connection."

Wednesday, August 26, 2015

Do illegal immigrants have the right to bear arms?

A Kentucky State Representative has pre-filed a bill to make it illegal for people not in the United States legally to possess firearms. This is a horrible idea.

State Rep. Diane St. Onge pre-filed HB 35 yesterday, which would nullify federal attempts to violate gun rights of Kentuckians, which sounds good. The bill also seeks, though, to prohibit illegal aliens and dishonorably discharged members of the military from arming themselves, which violates Second Amendment rights.

The ability of government to attempt to disarm anyone based on immigration status may be an issue in front of the U.S. Supreme Court soon, but think about it: The Second Amendment protects the rights of "the people" and the Kentucky Constitution protects the rights of "all men" to bear arms. St. Onge's bill may not be intended this way, but it looks like and could serve as a back door attempt to ban guns and harass people.

Are we going to force everyone with a gun to produce immigration papers on the spot? If we can ban guns for illegal aliens, why not ban guns for high school drop outs and then roll on to other out-of-favor groups?

The legislature simply doesn't have the right to do this. Amend the bill, Rep. St. Onge.

Wednesday, August 19, 2015

KY ObamaCare's negative impact, by their numbers

The Louisville Courier Journal's endless appetite for pro-ObamaCare "news" is well known, but today's episode was something special.

Debby Yetter's "More Kentuckians getting insurance under ACA" uses numbers that contradict her paper's headline and underscore the value of seeking alternative viewpoints to balance journalistic writing.

Yetter claims 9.8% of Kentuckians remain uninsured and "nearly 400,000" were added to Medicaid under its expansion. According to U.S. Census Bureau statistics, that means 432,518 Kentuckians remain uninsured, even though doing so is against the law. Before ObamaCare, Gov. Beshear claimed repeatedly there were 640,000 uninsured Kentuckians and his own Department of Insurance confirmed 280,000 Kentuckians were forced out of their insurance policies and "transitioned" to new plans at double the cost.

So even if you assume all 280,000 "if you like it, you can keep it" victims got insurance for what it would have previously cost to insure 560,000 of us -- they didn't -- then by their own numbers we have gone through this whole mess of higher taxes, much higher insurance premiums and substantial illegal activity by elected officials just to force 207,482 more Kentuckians into absurdly expensive "health insurance" for which we could have insured 400,000 without ObamaCare.

The numbers simply don't add up to a success for anyone other than politicians hoping no one looks beyond the spin.

"These numbers make clear the biggest unanswered question in ObamaCare is shouldn't we remove ObamaCare from insurance and just buy policies for the poorest people since we know we could do that much cheaper," said Kentucky Progress publisher David Adams. "Every day with these people makes the case for getting government out of healthcare that much stronger."

Monday, August 17, 2015

Did KY Health Cooperative lie to New York Times?

A weekend New York Times article about ObamaCare co-ops falling short of rosy federal projections shines an unwanted spotlight on the insolvent Kentucky Health Cooperative, but grossly understates the desperate condition of the non-profit "public option."

"The Kentucky plan lost $50 million last year, more than any other insurance co-op," the article states, "as it paid out $1.25 in claims for every dollar it collected in premiums."

As sloppy journalism seems to be the order of the day with regard to mainstream coverage of ObamaCare, no source for these data points is provided. While the $50.4 million loss of 2014 has been well-documented, the $1.25 claims/premiums ratio contradicts the co-op's own actuarial filing placed with federal authorities.

"The rate increase will positively impact the plan’s experience with the historical experience reflecting a ratio of earned premium of $173.2 million to total paid and incurred claims of $349.4 million for 2014," the co-op reported quietly to authorities in June.

Frankfort Obamacrats' may think nothing of underreporting a favorite spending entity's annual losses by more than $130 million and using the "newspaper of record" in their attempt to keep up appearances, but this is precisely the kind of behavior Kentuckians need to eradicate before it is too late.

Friday, August 14, 2015

Frankfort media dumbs down "budget surplus" to distract from explosive government growth

For the second time in two months, Frankfort reporters misled Kentuckians by abusing the term "surplus" is discussing state General Fund revenues. In July, a recorded increase in revenue was reported as a budget surplus and today, a predicted revenue increase for the current fiscal year was again referred to widely as a budget surplus.

If all Frankfort has to do to claim to have balanced budgets is to take more "revenue" from us, politicians become even less accountable to the people.

"The truth is Governor Beshear has piled two and half billion dollars more in revenue-supported debt on our heads since he took office in 2007, ran through $3.6 billion in federal 'stimulus' funds and increased public employee benefits' unfunded status by billions more while employing cynical tricks like this one to pretend to be fiscally responsible," said Kentucky Progress publisher David Adams.

"The ObamaCare mess is raising our fiscal debacle to a whole new level with its accounting smoke and mirrors and propaganda word games, so someone needs to document these activities to show where we went off the rails."

Thursday, August 13, 2015

Time for Matt Bevin to get religion on marijuana

Matt Bevin is already at least half a step better than Jack Conway on marijuana legalization, but an Ohio ballot initiative certified for the November ballot yesterday may make this a more meaningful issue in our fall campaign.

On November 3, Ohio voters will decide if marijuana will be legalized for medical and recreational use. Polling suggests passage is likely. As a bordering state, Kentucky would then be faced with needing to either further expand our own failed drug war activity or not.

"Jack Conway is a lost cause -- a big government drug warrior -- who doesn't count costs of bad government schemes, but Matt Bevin has shown signs of being teachable on this," said Kentucky Progress publisher David Adams. "Kentucky farmers should lead the nation in marijuana production and Matt Bevin just needs to recognize the opportunity and pick it up and run with it."

Monday, August 03, 2015

Leading Frankfort Obamacrat gets defensive

The two greatest assets Frankfort administrators of ObamaCare have had in supporting their scheme are taxpayer money and unwillingness of news reporters to ask real questions. That may have started to change.

Former Courier Journal reporter Al Cross runs a site called Kentucky Health News which has picked up on the Kentucky Health Cooperative's dismal results. In a post published yesterday, Kentucky Health Cooperative Chairman Joseph E. Smith was asked why his organization is losing money faster than any other health co-op in the nation. His answers were revealing and should lead to more questions.

Smith cited three excuses, none of which hold water. Asked to explain KYHC's massive 2014 losses, Smith blamed reserve requirements, medical claims and grandfathered health plans. We already know health co-op reserve requirements have been grossly manipulated to benefit co-ops. And everyone should know that reserve requirements don't impact a profit-and-loss statement. Kudos to Al Cross and Kentucky Health News for exposing the fact the Kentucky Health Cooperative cannot withstand the slightest scrutiny.

And it gets worse.

Smith said Kentucky Health Cooperative got nearly all the sickest Kentuckians who had been kicked off their pre-ObamaCare coverage. This should come as no surprise to anyone, because KYHC underbid Anthem and Humana significantly on premiums. They did this intentionally to justify their paychecks and in hopes of attracting more federal funds. Whining about that now just because the congressional gravy train has stopped running for co-ops also does not explain why Kentucky's is the worst one.

And then Smith blames the existence of grandfathered health plans, which also has no bearing on annual earnings. Smith should be dragged around the circuit and forced to clarify his answers so all can see Frankfort Obamacrats have no real answers. Cross should let his nose for news overrule his heart for ObamaCare and stay on this story.

Please, Matt Bevin, take the lead on this.

Friday, July 31, 2015

How Matt Bevin can shut down the Kentucky Health Cooperative by himself by the end of 2015

Matt Bevin can and should immediately pledge to take a simple step to eliminate the insolvent Kentucky Health Cooperative before its failed business model hurts any more Kentuckians.

Among many disastrous provisions of ObamaCare was creation of "public option" non-profit cooperatives funded by enormous federal loans to compete with existing health insurance companies on an uneven playing field.

Federal regulation 45 CFR 156.520(a)(2) made clear that the intent of the "Affordable Care Act" was to work around state laws to rig up ways to help cooperatives avoid solvency requirements and show these federal loans as assets rather than what they obviously are -- liabilities. Kentucky's Insurance Code, long a porous mess for big-government activist regulators, gives an Insurance Commissioner extremely wide latitude in deeming an insurance company's liabilities as assets, consumers be damned.

If elected Governor, Bevin gets to appoint an Insurance Commissioner. His appointee could then deem Kentucky Health Cooperative's loans as liabilities and order the insolvent insurer to shut down immediately to protect consumers. Continuing to prop up the law with illegitimate executive orders and regulations serves only to delay real reform.

This is a great election issue because it exposes another ObamaCare fraud and puts Jack Conway in the position of assisting his political pals in defrauding consumers or angering his left-wing base.

Thursday, July 30, 2015

Audit: Kentucky Health Co-op worst in America

The Kentucky Health Cooperative lost more money -- $50.4 million -- in 2014 than any other ObamaCare-created "public-option" non-profit health insurer in the nation, according to a new federal audit.

"Frankfort's corruption and incompetence is on full display in the Kentucky Health Cooperative and it should be shut down immediately," said leading ObamaCare opponent David Adams. "It's as simple as making them understand the taxpayer money flow they have run on the last two years is all gone for this experiment in socialized medicine."

Tuesday, July 21, 2015

Don't believe Beshear's budget baloney

Gov. Steve Beshear announced today an $82.5 million budget surplus for the fiscal year ended June 30, but don't expect our bankers or credit rating agencies to show any signs of believing him. They have been down this road before.

"This announcement is for the benefit of the rubes at the Associated Press and anyone else who needs to believe Obamanomics is doing something other than bankrupting us," said tea party activist David Adams. "Frankfort will put out required financial documents to the state's creditors at Christmas time and it will show our annual budget situation hundreds of millions of dollars worse than today's announcement without, they hope, getting found out before the elections."