Sunday, July 11, 2010

ObamaCare: Dream Turned Nightmare - IBD - Investors.com

ObamaCare: Dream Turned Nightmare - IBD - Investors.com

"Unsurprisingly, independent actuaries and private sector experts estimate that, in most states, premiums for the youngest third of the population could increase by 35% under the new tight age bands under the law."

That's just one of a series of ObamaCare negatives highlighted by the report, including: 16 million forced into the going-broke Medicaid system, which many doctors avoid like the plague; a free ride for illegal immigrants, with citizens paying their costs; criminalization of the uninsured, with possible IRS harassment on the way; and millions losing the health plans they now enjoy "as employers either drop coverage or purchase more expensive, government-dictated health insurance."

America has had the best health system in the world. Its flaws are directly attributable to government interfering in the free flow of private services — a forced employer-based system, prohibiting interstate insurance, etc. Making the system better was always a worthy dream, but by expanding government instead of freedom, the dream has been made into the nightmare now beginning.

Obamacare is a two-fer--it destroys both the health care system and the insurance companies at the same time.

If you remember it started out as a health care reform and morphed into an insurance reform. Better yet, they got both of them.

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