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Obamacare is atrocious

Posted: March 12, 2010 10:32 p.m.
Updated: March 13, 2010 4:55 a.m.
 
You won't hear it from the true believers who write in on these pages, but Obamacare would be a disaster - and here's why.

Mandates forcing individuals to buy coverage are hugely unpopular, even with the subsidies the bill would provide. Mandates forcing businesses to buy coverage for their employees would hit small and mid-size businesses hardest.

There is no good time to saddle these businesses with additional costs and regulations, but with unemployment at 26-year highs, right now is the worst time ever.

More important, America's reliance on employer-provided health insurance is one of the biggest problems with our health-care system. The third-party payer problem drives up the runaway cost of care.

Meanwhile, Americans are often stuck with the jobs they have, fearful to strike out on their own and lose their health insurance.

Obamacare would not free us from this system, it would entrench it. It would exacerbate health care-cost inflation by subsidizing insurance and expanding Medicaid.

It would cut Medicare, not in a smart way that relies on competition to bring down costs, but by eliminating the private sector and relying on government's power to dictate payment rates to doctors and hospitals.

According to the bill's own defenders, its other attempts at cost control amount to little more than a handful of pilot programs.

And as if health care cost inflation weren't bad enough, the Senate version of the bill includes an excise tax on health-insurance premiums that would, over time, hit an increasing number of middle-class premium payers - unless, of course, they belonged to a union, in which case the Democrats are hard at work carving out an exemption just for them.

In short, Obamacare is atrocious and shame on those who have tried to pretend otherwise for so many months. Remember them in November.

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