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Obamacare will stifle healthcare innovation making it a real pain
Forbes ^ | 10/09/2012 | Bill Flax

Posted on 10/09/2012 7:00:01 PM PDT by billflax

Obamacare sparked criticism for it inducing government dependency, aggravating budget pressures, and even failing to reduce insurance premiums as promised, but the law also increasingly politicizes healthcare innovation. Sown throughout what encompasses thousands of rules, Washington has established itself as the hinge on which healthcare turns. Businesses must please political masters before serving customers.

Medical investment will mirror energy, where research and development no longer follows market dynamics. Instead, taxpayers cater to the connected and politically favored. To see why, take the much reviled medical device tax. Under the Affordable Care Act, beginning January 1st, sales of medical devices from implants to MRIs, research equipment and surgical instruments bear a 2.3 percent tax. Exports and retail products are exempted.

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TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: corruption; elections; obama; obamacare
Obamacare's bureaucracy will commandeer medical innovation.
1 posted on 10/09/2012 7:00:13 PM PDT by billflax
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To: billflax

It is a laugh that this horrid legislation continues to be referred to as “healthcare”. That is the last thing it is about ——

This is a Marxist takeover scheme for a major portion of the U.S. economy to GAIN MORE CONTROL over individual rights and freedoms and give the POWER to the socialist government.

Anyone who think Obama and his ilk are interested in your health are in for a major shock -— unless you represent a vote that Obama needs, or give money to his campaigning.

Useful idiots.

2 posted on 10/09/2012 7:06:37 PM PDT by EagleUSA
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3 posted on 10/09/2012 7:09:53 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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