6/19/2010

ObamaCare Dying A Death Of A Thousand Cuts

You know it's bad when even CNN is dumping on ObamaCare.

The CNN report linked above covers the growing problems with Massachusetts health insurance program upon with ObamaCare has been modeled. None of the goals stated in the Massachusetts version have been met. The system is failing financially, with no control over costs, mandated coverage adding to health insurance premiums, subsidies for low/medium-income earners heading ever upwards, disincentives for people to work (higher income means paying a lot more for health insurance), and unintended incentives for businesses to drop their employees health insurance plans entirely.

The Massachusetts system is a preview of what we can expect as ObamaCare kicks in.

Already the the side effects of ObamaCare can be seen as the costs of it become more apparent. If most of the details of this bill had been made known to all of Congress before the vote it never would have passed. Anyone in Congress with a modicum of knowledge about business would have been able to see the negatives of ObamaCare far outweighed any perceived benefits.

With the unintended incentives ObamaCare gives businesses to drop employee health care, or worse, have all future hires brought on as temporary or contract employees, Obama's promise that we'd “be able to keep our present health insurance if we want to” rings hollow and shows he either doesn't truly understand the ramifications of health care reform, or doesn't care. The fact that he needs to spend $125 million of taxpayer funds to sell the idea that ObamaCare will be wonderful proves how bad it will be. If it was truly all that great it would sell itself. But the more he tries to push it on the American people the more they resist letting him destroy the imperfect but world class health care system we have.

Anyone with even a little math ability can figure out that the numbers don't add up, that they don't take into account real world conditions, and totally ignore the effects of the fiscal disincentives that will cause companies to drop health insurance for their employees and induce health care professionals to leave the medical field.