Proponents of Obamacare Admit There Are Problems

By ROGER STARK  | 
BLOG
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Jul 28, 2016

 

Secretary Clinton’s health care advisors are now on record admitting that Obamacare has serious problems. Chris Jennings is a Democratic health care advisory and believes the Medicare "buy in" option for people aged 55 to 65 could be an answer to the poorly functioning Obamacare exchanges. (here)

"I think it's exactly the direction we should be seriously thinking about, particularly if the exchanges aren't working to provide serious competition and choice. That should be a message to the health plans: you know, don't pull out of these exchanges. If we need to work with you, we can work with you. But there's got to be a choice."

 

The hubris of the political class is breathtaking.

 

Because of all the benefit mandates required by Obamacare in every insurance plan, health insurance companies are forced to sell fully loaded Cadillacs and Infinitis at Chevy and Honda Civic prices. This, coupled with the fact that people can sign up to buy a Cadillac without any pre-approval (pre-existing conditions), makes Obamacare very unattractive to insurance carriers.

 

Instead of allowing companies to sell an array of insurance plans, the government forces carriers to sell the most expensive products. Hence, consumers really have no choice because of the government rules.

 

Democrats then turn around and accuse the carriers of not offering a choice in plans and pricing and threaten the companies with a “competing” government plan – Medicare for everyone.

 

It is impossible to compete with the government. There was a moderately robust private health insurance market for seniors before Medicare passed in 1965. By 1970, that private market was gone. (here)

 

The easiest way to get to a single-payer, government run health care system in the U.S. would be to drop the age of eligibility for Medicare and raise the income level for enrollment in Medicaid. Obamacare expanded the eligibility for Medicaid and the Democrats now want to expand Medicare.

 

The enemy is not the private health insurance industry. The enemy is the government-controller, central-planner, who believes he or she knows better and is smarter than the patient as a consumer of health care.

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