Wednesday, June 22, 2011

What are they smoking?

So, Jennifer Arnold of Avalere Health ("a leading advisory company focused on healthcare business strategy and public policy") tips us to their recent study which claims that, contrary to all actual evidence, ObamaCare© won't disrupt the commercial insurance market. Or, as Avalere so quaintly terms it, "Employer Sponsored Insurance (ESI)."

According to the brain trust at AH (LLC!), "the ESI market will be fairly stable after 2014 when key ACA coverage provisions go into effect, primarily due to stability in offer rates among large employers."

As Mike so succinctly puts it, "Stable as in "assume room temperature" ??

I think that's about right.

Flying in the face of logic, common sense and the stated intentions of the actual subjects of their predictions, AH (LLC!) avers that "large employers are more likely to take a “wait and see” approach on coverage."


Of course, they then go on to completely negate their entire argument with this little gem:

"[ObamaCare©] will have differential impacts on ESI depending on factors such as firm size, composition, and sector."

No kidding?

UPDATE - Piling on: By the way, it's not just lil ol' us that makes the case against AH's specious claims. No less than the President of the Federal Reserve Bank of Atlanta, one Dennis Lockhart, notes that:

"We've frequently heard strong comments to the effect of "my company won't hire a single additional worker until we know what health insurance costs are going to be."

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