Filed under: Economy, Health Care, Taxes | Tags: Democrat Corruption, Obamacare, Politics
President Obama promised that he could convince a reluctant public that his very own health-reform plan was somehow a good thing after all. Public animosity towards ObamaCare is getting stronger, with Rasmussen showing that 58 percent want it repealed.
More facts emerge regularly as people sort through the voluminous rules and regulations that were forced through Congress on an overly partisan vote. People can see the destructive path ahead. Even members of Congress are not sure that they will continue to be able to keep the health care that they like so much. The Congressional Research Service is dubious.
1. Where is my free health care? eHealthInsurance, the online broker for health insurance, has been flooded with calls from people who ask: “Where do we get the free ObamaCare, and how do I sign up for that?” They are unaware that the new insurance does not begin for four more years, though the massive tax increases will begin right away, but won’t even make a dent in the cost of ObamaCare.
2. There will be shortages of Doctors. At current graduation and training rates, there will be a shortage of up to 150,000 physicians in the next 15 years, according to the Association of American Medical Colleges.
3. People with pre-existing conditions can purchase insurance when they get sick. This may seem “nice” but it negates the whole idea of insurance, which is that spreading the risk over large numbers of people over time, keeps costs down. Legislators react by ordering insurance companies not to raise rates. This will put insurance companies out of business.
4. Poorly written and poorly thought out regulations impose mandates on states that are already in deep financial trouble. Rules require the states to ensure the provision of “the care and services themselves,”opening state liability to floods of lawsuits.
5. Constitutional challenges continue and expand. There is no Constitutional authority for Congress to require citizens to purchase anything.
6. As the clever ways Congress made the bill seem to cost less begin to unravel, the real massive cost increases will kill jobs, depress economic growth, and taxes will continue to be raised. The Bush tax cuts expire, and as the huge tax increases necessary to pay for health care become apparent, public animosity will really increase. Health care does not arrive for four years, but we start paying for it immediately.
7. Congress has made a big bet on “preventative care,”in the illusion that preventing disease will make health care cost less. Multiple studies show that preventative care costs far more, not less, and does not prevent illness. It helps to study consequences before passing the law.
Massachusetts health care was carefully thought out, and it has taken just 3 years for it to fall apart. Many physicians have left the state, some hospitals have closed. Premiums in the state are the highest in the country.
Governor Deval Patrick is in a battle with health insurers. He will not allow them to raise their rates to cover the added costs of the state’s universal coverage law. They will not stay in business if they can’t cover their costs. Sen. Diane Feinstein (D-CA) is shocked that the new law does not give Congress the power to block increases in health insurance premiums. Basic economics is not a Congressional strong point.
The American people wanted the administration to cut spending and reduce the debt, and cut taxes to encourage growth and create jobs. Instead the administration has forced through, in the most reprehensible backroom deals, a health care plan that nobody wanted. American health care is the finest in the world, with the best outcomes and most innovation. It has been expensive because it is the result of individual choices by millions of Americans, not because of overcharging by insurance companies as President Obama tried to claim.
Creating straw-men to blame is a specialty of this president, but his ability to sell that kind of hype is growing old and stale. The truth, as they say, will out.
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