Hello Obamacare, Goodbye Health Insurance
The Congressional Budget Office (CBO) estimates that 7 million Americans will lose employer-based insurance as a result of Obama’s health care law.
But, hey, it sounded good to a lot of people when it was being proposed (sub. req’d). Remember Obama’s promises in 2009?
If you like your doctor, you will be able to keep your doctor. Period. If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.
My view is that health care reform should be guided by a simple principle: fix what’s broken and build on what works.
Simple, eh? Well, it won’t be simpler for the 7 million people that will be losing their employer-based health insurance.
And by the way, the CBO also estimates $1.3 trillion over the next ten years. Nothing is free. No matter how much Obama tries to convince you otherwise, a government takeover of the healthcare system was never going to make health care costs cheaper for Americans.
Hate to say, we told you so (back in 2008!).
When it comes to the deadly details, millions of Americans could be in for an unpleasant surprise. During the election campaign, President-elect Barack Obama promised–repeatedly–that Americans who already had health insurance would not face any changes in their coverage and that their costs would go down, saving the typical family $2,500 annually in premiums.
It turns out, however, that these promises cannot be fulfilled. Under the health reform plan that the President-elect has outlined… millions of Americans will indeed lose their existing coverage, and the promised premium savings are unlikely to materialize.
Of course, there are better options for America. But in order for those options to become reality, we need politicians to respect freedom and the free market.