I've been thinking about doing an update story on Obamacare for quite a while. My problem is that it's such a moving target, almost anything I write will be "old news" in a few weeks.
That said, this week is a pretty hot one for Obamacare. First we had the federal Judge ruling it unconstitutional and today Mitch McConnell is forcing a senate vote on repeal.
On top of that, I just got a lovely letter from my insurance company listing all of the wonderful new benefits I'll be receiving thanks to Obama (you know, no life time limits, insurance for 26 year-old-kids, and no canceling polices).
If I didn't know better, I might just get the insurance company letter and say to myself: "What's so bad about Obamacare?" And that's exactly what Obama and the left are hoping happens.
Like the Wizard of Oz, they're asking America to "pay no attention to that man behind the curtain."
We simply cannot let them do this to us -- the stakes are too high! I believe that it is incumbent on every clear thinking American to know the precise answer to the question "What's so bad about Obamacare?" and have the ability to recite it at the drop of a hat whenever we encounter someone who thinks Obamacare might be a good thing.
1. It Will Force Healthcare Rationing: When I was a kid, becoming a doctor was the top career choice in the private sector. Now, the time and money involved in becoming a physician has changed that. Most medical school graduates enter private practice with hundreds of thousands in student loans.
Worse, once the open their practice, they're flooded with Medicaid and Medicare patients along with their government payments that don't even cover the rent and lights!
Before there was Obamacare, there was Romneycare in Massachusetts. In 2008, The New York Times did a powerful piece called "In Massachusetts, Universal Coverage Strains Care" which chronicled Universal Health Care was destroying access to quality healthcare in Massachusetts
Here are a few excerpts:
“In rural Massachusetts, where reimbursement rates are relatively low, some physicians are earning as little as $70,000 after 20 years of practice.
Dr. Atkinson, 45, said she paid herself a salary of $110,000 last year. Her insurance reimbursements often do not cover her costs, she said.
“I calculated that every time I have a Medicare patient, it’s like handing them a $20 bill when they leave,” she said. “I never went into medicine to get rich, but I never expected to feel as disrespected as I feel. Where is the incentive for a practice like ours?”
Remember, that was before Obamacare which will add at least 30 million patients with government reimbursements that do not cover the cost of care.
In September Reuters ran a story forecasting far worse shortages under Obamacare:
"While previous projections showed a baseline shortage of 39,600 doctors in 2015, current estimates bring that number closer to 63,000, with a worsening of shortages through 2025," the group said in a statement.
"The United States already was struggling with a critical physician shortage and the problem will only be exacerbated as 32 million Americans acquire health care coverage, and an additional 36 million people enter Medicare."
As young men and women decide not to pursue careers in healthcare, the US is also trying to absorb 70+ million retiring Baby Boomers along with all of their health issues. As a baby boomer, I can tell you that we generally don't want to admit that we're getting old and we tend to push our aging bodies to do things we should have quit when we were 40.
Last year I had to have a hip replacement. Thanks to the medical "state of the art" in Boston, my replacement was a near miracle. So much so that I did a story on it. Sadly, my story also ended up highlighting the huge difference between joint replacement in America and the same procedure in countries with National Healthcare.
In my case, I was playing golf in 4 weeks, but check out this story about a woman from Canada, where a typical hip replacement means waiting 18 months for "their turn" on a waiting list followed by a year of recuperation because the doctor used outmoded techniques!
So if you, your children, or your grandchild think you might need medical help in the future, you should be scared to death of Obamacare. In fact, even if it is repealed today, it has already forced a shortage of healthcare professionals that will linger for decades.
2. It Will Kill 10 Million Jobs a Year: Think about the cost of free healthcare for 30 million more people. Who's going to pay for this? Unfortunately, the media hasn't spent much time talking about "picking up the tab" for Obamacare.
The truth is that Obamacare includes over $2 trillion in new taxes, most of which fall on the backs of small businesses, who prior to Obama's Great Recession have typically created 70% of the new jobs in America. You can get all the gory details behind these numbers in my story "Obamacare Passes: The Demise of Millions of Private Sector Careers in America." Suffice it to say, Boehner was absolutely right when he called it the "Job Killing Healthcare Bill."
If you like the 10% unemployment rate that Obama has given us, you're in luck. The taxes and regulations associated with funding Obamacare will make this the "new norm" -- or worse.
3. It Will Bankrupt The United States: Obama is still touting the big lie that Obamacare will cut the deficit. This is so patently false, that people inside his own administration have said so. The CBO was forced to consider $500 billion in Medicare and Medicaid cuts when the "scored" Obamacare as a deficit cutting bill. Everyone has agreed that this will never, ever happen. This means that Obamcare will add another $1 trillion to the National Debt.
But it's actually much worse than that. Obamacare dictates that every employer give their employees the kind of top-of-the-line Cadillac Healthcare coverage that Congressmen and Union Workers have. They can no longer simple provide basic coverage.
This is why 773 big corporations and unions have sought and received exemptions from Obamacare. The only way they can continue to offer their employees healthcare is through the kind of basic plan that Obama has outlawed.
What about the 27.5 million Americans who work for a small business; will their employers get an exemption too? No way on earth. Their employers will have a choice between buying their workers a $20,000/year policy or dropping insurance as a benefit and paying a $2,000 fine! Guess what they'll choose?
That leaves 27.5 million workers who will be forced into the "Public Exchanges," which will not exist, leaving the American taxpayer to pick up the tab. Do you know what 27.5 million multiplied by $20,000/year equals? Try another $550 billion/year in new entitlements added to the National Deficit!
4. It Will Drive The Cost of Healthcare Through the Roof: All of the wonderful "freebies" that Obama is forcing insurance companies to give us must be paid for by somebody. Guess who? It's those of us who aren't on the dole, work for the government, or have lobbyists to get us exemptions.
Yesterday the Washington Post reported that insurance companies want to rise our insurance rate from 30% to 59% this year! And that's only the beginning.
I beg you, please do not get lulled into believing the liberal lie that Obamacare "won't be that bad." It will truly destroy America as we know it and it must be stopped.
Pass it on...
Quote this article on your site