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  • The Commercial Gym – A Little House of Horrors April 16, 2014
    by Lee Kurisko, MD I’m was on vacation a week ago in Florida.  I was more than happy to vacate Minnesota that week.  Despite being the first week of April, Minnesota is still getting snow.  My kids are teenagers so …
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  • Costa Rica Vacation & Medical Check-up Special April 11, 2014
    5 Days and 4 Nights Package to Costa Rica is available for $1899! It includes over 25 individual laboratory tests and scans to provide a thorough Biochemical assessment of your health, as well as 2 day tours in the area! …
  • MediBid Safe From Heartbleed Bug April 10, 2014
    As I’m sure most of you have heard, an encryption flaw in the OpenSSL cryptographic software library has inadvertently caused one of the biggest security threats ever seen on the internet. The OpenSSL cryptographic software library is used to secure …
  • Dr. Jeffrey Gallups Interviews Ralph Weber about MediBid April 9, 2014
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  • The Road to Serfdom is Paved with Good Intentions April 2, 2014
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  • The Patient Physician Relationship Under ObamaCare April 1, 2014
    AAPS Capitol Hill Briefing: March 27, 2014 Currently there is a lot of discussion regarding health care exchanges and access to insurance. However, insurance is not care. Even if the exchanges are eventually fixed, they cannot assure access to care. …
  • After three years, Edison woman’s life is getting back on track March 31, 2014
    Debbie Pasnak suffered several broken bones in a fall, but Medicaid denied her the medical procedures she required for treatment. Medicaid kept her waiting for surgery in hospitals and rehab centers for three years. Eventually, her friend told her about …
  • If You Like Your Scam, You Can Keep It: the Attack on Out-of-Network Doctors March 28, 2014
    by G. Keith Smith, MD A patient who wanted to have a procedure at our facility asked us to file insurance. We discovered that if she had her surgery at our facility rather than at an “in network” hospital, her …
  • Doc discovers Obamacare’s shocking, dirty secret March 26, 2014
    by Lee Hieb, MD I am being impacted in many ways by the Patient Protection and Affordable Care Act, or, to give credit where credit is due, “Obamacare.” But the most stunning attack on my person came this month in …
  • Webinar: MOC Update, Paul Kempen, MD, PhD & Ken Christman, MD March 26, 2014
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  • Free Markets in Healthcare Aren’t “Broken” – Just Not Allowed to Work March 24, 2014
    by Elizabeth Lee Vliet, MD Democrats excel at “message discipline”—sticking to talking points whether their script is factually correct or not. Repeated often enough, the script becomes “truth.” Democrats’ script says: “The U.S. healthcare system is broken. Free-markets didn’t work; …
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  • A Better Way to Save $1 Trillion March 21, 2014
    Cutting back on national medical spending would save money, but the quality of patient care would decrease and waiting times would increase.  These are the problems other countries are having.  Money is saved by creating a free market in medical …
  • Secrets to blocking mercury: Top foods that capture dietary mercury March 19, 2014
    Mike Adams visits The Robert Scott Bell Show and reveals a number of botanical strategies to block absorption of dietary mercury!
  • When Health Care Providers Compete March 19, 2014
    Vicki Burns needed a hip replacement and didn’t have insurance.  Her husband discovered MediBid and submitted a request for surgery.  She received her procedure – all-inclusive – for $30,000 less than her local hospital quoted her.  MediBid’s price transparency creates …
  • Hung out to dry by big insurance, a patient finds a better way March 17, 2014
    Perry Hunt lived over a year in pain waiting for hip surgery. Days before his surgery, he was told his insurance would no longer cover the procedure and the hospital bill would be $100,000. Perry cancelled the surgery and went …

How Obamacare Affects Students: What You Need to Know

There are endless ways Obamacare affects college students, as it does everyone else. I’m just going to talk about a couple that affect college age students specifically. Many college students will be dropped altogether from their parents’ health insurance plans because employers don’t want to be pay for their employee’s dependents for an extra seven years, now that they can stay on until they are 26. Another way that college students will be affected is that their premiums will go up due to a provision in Obamacare that says that a senior citizen’s premium can’t be more than two and a half times a young person’s. Essentially, the youth of the nation will be footing the healthcare bill of the senior population since senior citizens use health care so much more than young people.

For a more detailed explanation….

College students are being led to think that Obamacare is a good thing, especially for them. They are, however, being very mislead and manipulated about that fact. The provisions of Obamacare that are supposed to be the “good ones” for college age students have been unveiled before the election, while the bad ones will start next year. This makes for much more favorable voting for Obama. I will discuss a “good” provision that is already in effect and a lesser known and less favorable provision that goes into effect in 2014, after the election.

One of the main “good” provisions that college students hear about is that they can stay on their parents’ insurance plan until they are 26. Although sold as a good thing, a provision that will expand care for people 26 and under, the actual truth of the matter is a bit different. If you get married, you get kicked off the plan, which discourages young adults from getting married, getting a job, and getting their own benefits. That is just a “soft” issue, however.

This biggest issue with this provision is that employers on average pay about 75% of an employee’s premium and a certain percentage for their employee’s spouse and children. Before, when you were enrolled in college full-time, you were allowed to stay on your parents’ plan until you were 23 because you were really still a dependent. If you weren’t a full-time student, you were dropped off your parents’ plan at 19. Now suddenly with Obamacare there are seven more years you can stay on your parents’ plan, without even being in college. This provision kicked in during January 2011. January is the time employers renew their healthcare plans. When the provision kicked in, they were told it wasn’t going to increase costs very much. As 2011 passed by, however, many “children” who had been kicked off their parents’ plan years ago “jumped” back on. Therefore, employers have been and continue to see their costs rise. Starting this past January 2012 many employers have been deciding to no longer pay for their employees’ dependents. This, in turn, has led to many people dropping their children off their plans. This trend has just begun, and we usually see trends reported about a year late. It was sold as a good benefit, but it has raised employer costs too much, causing dependents to be dropped altogether.

As far as premiums go, there is a difference between a 24 year old’s premium and a 64 year old’s premium of about eight times because young people use less benefits. So if the 24 year old is paying $50, the 64 year old is paying about $400. A provision in Obamacare now says the difference between them can only be two and a half times, as opposed to eight times. They, of course, are not going to bring down the 64 year old’s premium, so they’ll raise the 24 year old’s premium instead. Therefore this provision will cause premiums to rise. Essentially, the youth of the nation will be footing the healthcare bill of the senior population since senior citizens use health care so much more than young people. This provision, which the government knew would be viewed negatively, doesn’t kick in until 2014, after the election.

What healthcare needs is less government intervention, not more. We need to allow the free market to do what it does best.



At MediBid, we restore market forces to medical care. Doctors get to set their own rates based on their training, experience, and outcomes, and patients get to shop for medical care across state lines and international borders. Many times with MediBid, you will find procedures that are more effective than procedures allowed, or covered by health plans. Transparency and competition are the only way to achieve reasonable costs. Many of our employer clients offering group health insurance through MediBid save $5,000 per employee per year. Those are substantial savings. Patients are saving an average of 48% vs. insurance discounted rates, or 80% vs. retail. Contact us for more information.
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