What's Wrong With ObamaCare? A Partial List from IBD
What's Wrong With ObamaCare? Here's A Partial List
Repeal: After a full
day's reflection, we still feel that the ObamaCare ruling is an outrage.
And while we acknowledge that it's now settled law, we believe that
it's poor public policy and needs to be expunged from the books.
We're still nettled by the Supreme Court ruling that ObamaCare's
individual mandate can stand constitutionally as a tax when Congress
failed to define the penalty for failing to buy health insurance that
way. But we can do nothing about that. The court has spoken.
What we can do, with an eye toward repeal, is point out just how malignant the Patient Protection and Affordable Care Act is.
We began this exercise on Friday, when we wrote about ObamaCare's
hidden taxes. The law imposes at least 21 new or higher levies that will
cost trillions. That's too much to demand of hard-pressed taxpayers.
New taxes aren't the only rising burden under ObamaCare. Far from being a law that will cut costs, it will increase them. [After
all, the 159 new boards and agencies (you read that right - 159!)
created by Obamacare will have to be fully staffed by a large cohort of
appointees, and as we all know federal employees don't come cheap.]
Yes, the president promised that his signature legislation would bend
the cost curve down. But when has a government program ever done such a
It won't happen with ObamaCare, though the president also swore that the legislation would not add to the federal deficit.
In March, the Congressional Budget Office said the law would cost
$1.76 trillion from 2013 to 2022, nearly double the $900 billion Obama
quoted in September 2009. That's only a partial picture. Beginning in
2014, the next 10 years of ObamaCare — through 2023 — will cost more
than $2 trillion.
medical overhaul is also a choice killer. Many will recall Obama
promising that under his plan, "If you like your doctor, you will be
able to keep your doctor, period. If you like your health care plan,
you'll be able to keep your health care plan, period."
Those aren't the facts.
As we reported in April, the CBO estimates that as many as 20 million
Americans will be forced out of their plans as employers toss workers
into government health exchanges to avoid ObamaCare's costs.
A survey by McKinsey and Co. found that nearly one-third of employers
will likely to drop coverage for their workers once ObamaCare kicks in.
And an analysis by the Medicare actuary found that ObamaCare's
attacks on Medicare's private insurance options will force nearly 8
million seniors out of the coverage they've chosen.
So what else is wrong with ObamaCare? Try these:
• Consumer costs will rise. CBO says premiums will increase over the next decade faster than they did in the past five years.
• The Affordable Care Act is just the beginning. It's the door to a
single-payer government system run by a DMV-type bureaucracy. [ObamaCare is actually designed to put private insurance companies out of business - the "fines" to be paid by companies that don't provide health care benefits are much less than the cost of providing health care so most employers will opt to drop coverage, putting their employees onto public sector coverage.]
• The quality of care will suffer. The Democrats' law will chill the
incentives to become a doctor, to create innovative drugs and to produce
live-saving and life-enhancing medical equipment. [Polling among doctors during the run-up to Obamacare passing indicate that over 40% of practicing physicians would consider leaving their practices if Obamacare is implemented.]
• Don't be surprised when treatment is rationed by government. As it
takes over a larger portion of health care — it already controls nearly
half — resources won't be able to keep up with demand. Somebody wins,
somebody loses based on someone else's whim. [If
you are over 70, or when you reach 70, forget about such niceties as pacemakers and
hip and knee replacements - you'll be given Obama's infamous advice:
"Take a pain pill!"]
There's much more that we've covered and will cover again. And it all
points to a single solution: Repeal the law before it takes deep root,
and replace it with policies that put the patient in charge.
If you are an Obama supporter, ask yourself this question, "Was he
lying when he told us it would "only" cost $900 billion and that you can
keep your health care plan and your doctor, or is he just stupid and
didn't have a clue?" It has to be one or the other!
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