Obamacare: Higher Costs, Worse Coverage


Forget the plagued Obamacare website, websites can be fixed, and eventually they’ll spend enough of our money to fix the one they have now. The real problem with Obamacare is that the law itself is a complete disaster. I’m starting to wonder if the website disaster was by design. Nothing like keeping people in the dark on what this is going to cost them, and what they’re going to get for the giant price tag.

Even as President Obama reluctantly granted Americans thrown off their health plans quasi-permission to possibly keep them, he called them “the folks who, over time, I think, are going to find that the marketplaces are better.” He means the ObamaCare exchanges that are replacing the private insurance market, adding that “it’s important that we don’t pretend that somehow that’s a place worth going back to.”

Easy for him to say. The reason this furor will continue even if the website is fixed is that the public is learning that ObamaCare’s insurance costs more in return for worse coverage.

Mr. Obama and his liberal allies call the old plans “substandard,” but he doesn’t mean from the perspective of the consumers who bought them. He means people were free to choose insurance that wasn’t designed to serve his social equity and income redistribution goals. In his view, many people must pay first-class fares for coach seats so others can pay less and receive extra benefits.

Liberals justify these coercive cross-subsidies as necessary to finance coverage for the uninsured and those with pre-existing conditions. But government usually helps the less fortunate honestly by raising taxes to fund programs. In summer 2009, Senate Democrats put out such a bill, and the $1.6 trillion sticker shock led them to hide the transfers by forcing people to buy overpriced products. (Read More)

This law is punitive to people who do everything right. You work hard, you’ve always paid your premiums to make sure you and you family are covered, and now you’re just screwed. You’re being forced to pay for the insurance of others. And of course, that insurance includes coverage for things you yourself might not even need or want. If you think you’re immune, just wait until the waivers they gave to businesses expire.

Once the website is fixed and performing properly, that’s when the heartache for millions of Americans will begin. I wonder how many of them voted for this mess. That’s a pretty tough lesson to learn. Millions of hard working, responsible Americans are being punished for being hard working and responsible. That’s socialism for you. But hey, it’s not like they weren’t warned.

Oh, and if you’re looking for an example of what this law will do to middle class families - click here.