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  • Hobby Lobby wins Supreme Court case, can opt out of mandate July 23, 2014
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  • Hundreds of Newborns to have Genomes Sequenced July 21, 2014
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  • VA Seeks Help from Corporate Healthcare Giant HCA July 18, 2014
    The Department of Veteran’s Affairs has recruited the Chief Medical Officer of hospital giant HCA, Dr. Jonathan Perlin, to help them find solutions for all the problems of their mismanaged system. Dr. Perlin is known for being a leader in …
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    by Richard Amerling, MD A physician’s responsibility is to the patient. To protect the patient-physician relationship, payment should be decided between these two parties, assuring all information is kept confidential. Involving third parties is destructive to the patient-physician relationship. Physicians …
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  • Steps to Increase Price Transparency June 30, 2014
    Summary by The Market Institute The Center for American Progress recently published a brief detailing their opinion on how hidden health care costs are hindering market competition and ultimately making healthcare expensive for consumers. Unlike almost every other scenario in …
  • How Obamacare Affects the Affordability of Your Medical Care June 27, 2014
    Those who do not get health insurance from their employers or Medicaid/Medicare find their premiums increasing, some states more than others. While some people will be eligible for Obamacare tax credits, many will still have to pay these premium increases …
  • Canada needs a prosperous Ontario June 27, 2014
    Ontario’s poor economic performance is dragging down Canada’s economy.A Fraser Institute study, Can Canada Prosper without a Prosperous Ontario?, examines Ontario’s shift from the economic engine of Canada to a “have not” province that received $3.2 billion in equalization payments …
  • Why Coconut Milk Might Not Be Your Friend June 25, 2014
    Those following a Paleo diet get most of their fat from coconut milk. Coconut milk is great for making smoothies. Canned coconut milk may contain BPA, a chemical which can leach out of the metal and into acidic foods, such …
  • Increasing Cost of Medical Care Can Make You Sick June 23, 2014
    At the onset of an illness or serious injury, Americans are finding the costs too much to bear – even when they have insurance. Medical expenses are the biggest financial burden in American households today. Nearly 50% of Americans cannot …
  • Natural Alternatives for Sun Protection and Sunburn Treatment June 20, 2014
    With summer activities in full swing, many of them outdoors, it is important to remember to protect your skin from the damaging effects of the sun. Some exposure is beneficial, and can cause your skin to produce Vitamin D. Vitamin …
  • Your HSA Can Double as an IRA June 18, 2014
    Some Americans are supplementing thier retirement funds with a Health Savings Account. People with a high-deductible insurance plan can have an HSA to cover future medical expenses. There is a penalty to withdraw this money for nonmedical reasons, yet after …
  • OMTEC 2014 – The Past, Present and Future of the Implant Market: A Surgeon Inventor Perspective June 17, 2014
    What does the future hold for the orthopaedic implant market? Dr. Robert S. Bray, Jr., a globally recognized spine surgeon, entrepreneur and inventor, provides a look at the industry past and present and answers the question: How will the development …
  • Real Illness or Not? June 16, 2014
    by Sue Redmond Should Doctors prescribe for a “non-disease”? Infants spit up.  Many on a daily basis (some studies show as high as 40-70%).  Just one of the reasons may be that they drink a large volume of liquids and …
  • How Obamacare Impacts Small Businesses June 13, 2014
    Cost increases due to Obamacare will be sharp and immediate for small businesses. As they renew their group health plans, they are discovering an onslaught of new regulations which will also affect their future hiring and business growth. Over 60% …

Unlimited "Slush Fund" Repealed from Health Care

Slush Fund for Health CareYou may have recently read that the House is draining these Obamacare “slush finds,” but if you are like me you might be thinking “what’s a slush fund and what does this mean?”

A Slush Fund, according to Wikipedia, is a term to describe a special account of money, with a negative twist “of illegality, illegitimacy, or secrecy in regard to the use of this money and the means by which the funds were acquired.”   Basically, a “slush fund” is a ‘loose’ account with no set amount scheduled to go in or out of it.  This is probably not the kind of account a government official needs to have.  If the money in and out isn’t really being tracked, it could mean government money going towards pizza night and beer (or Slushies!!) for an official and all of their buddies.  The scary part is that the slush fund for health care wasn’t going to have a cap on it and therefore wasn’t being calculated into the ‘savings’ brought by Obamacare.

Recent News:

House Moves Toward Draining Obamacare Slush Funds

Five bills (numbered HR 1213 through 1217) targeted at parts of the health care law were approved by the House Energy and Commerce Committee Wednesday.  The bills repeal some portions of Obamacare, totally defund other parts, and convert some automatic funding into a requirement for annual Congressional approval before anything could be spent.

By the committee’s calculations, some $18.68-billion is addressed in the five bills (of the overall $105.46-billion in total automatic funding within Obamacare).  Plus an unlimited slush fund for the Secretary of Health and Human Services is repealed.

Another Good Swing At Defunding Obamacare—But Not A Hit

The Congressional Budget Office estimates savings of $14.6-billion over ten years, but the amount is inexact because Obamacare placed no limit on how much would be spent.  The Secretary of Health and Human Services was given a blank check for that purpose.  It’s just one part of the overall $105-billion slush fundin automatic spending under Obamacare.



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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