Michael Tanner: 'Fearmongers' were right about Obamacare

Orange County Register ^ | May 3, 2010 | MICHAEL TANNER

[george76]

The ink was barely dry on President Barack Obama's signature before the RAND Corp. released a report concluding that, not only would the hard-won health care package fail to curb health insurance premium increases, but the bill itself would drive premiums for young people up as much as 17 percent.

This should not have been a surprise: the Congressional Budget Office had already warned that the plan would do almost nothing to reduce premium hikes. And when New York implemented the same type of insurance reforms in the 1980s, it led to an increase of nearly $500 per year for young people. But somehow, the media didn't pay much attention.

And, of course, during the health care debate, no presidential speech was complete without a promise that "if you have health insurance today, and you like it, you can keep it." But the Congressional Budget Office now says that as many as 10 million workers will lose their current insurance under Obamacare. Some of those workers will have to buy new insurance through the government-run exchanges. Millions more will be thrown onto Medicaid.

In addition, the Center for Medicare and Medicaid Studies reports that half of seniors currently enrolled in the Medicare Advantage program will lose their coverage under that program and be forced back onto traditional Medicare.

Legislate in haste; repent in leisure.

[Candor7]

THEY are the FEARMONGERS! Not us. We know about the "bill" and will do everythig we can to destroy it.Its is NOT a health care bill.

It is a demographic warfare bill.And we are at war with our own government. Few have figured that out yet.

[danamco]

I’m afraid these goons have people ready how to open those safes without your help???

[tutstar]

bump

[tutstar]

gnip