Wednesday, June 02, 2010

Obamacare – Bad and Badder

The Obama administration and Democrats placed their bets on passing any health reform bill they could, and then selling it to voters before the November elections. They felt they could do this because little if anything would change before the election, so all they would have to do is tell the voters how wonderful things will be.

The problem is that evidence is piling up that Obamacare will be far from wonderful. Estimated costs have been steadily revised upwards as unrealistic assumptions are examined and rejected. The most obvious assumption was that payments to doctors and hospitals would be cut to finance the expansion. The truth is that planned cuts are always rescinded, and the only cutting has been doctors and hospitals dropping coverage of Medicare and Medicaid patients because the low reimbursement rates don’t cover costs. Simply, they cause losses.

The whole scheme will soon collapse like a house of cards when compelling all citizens to buy a product – health insurance – is ruled unconstitutional. It’s one thing to say you can’t drive without a license, or get a mortgage without home insurance, but to say that the mere fact that you are an American is cause to be compelled to buy health insurance will not be considered a legitimate use of government power.

We have a Constitution, you know.

Karl Rove in an excellent Wall Street Journal article provides cogent analysis of the problems of Obamacare, which you can access by merely clicking here.

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