Tuesday, December 22, 2009

For those with friends cheering Obama's health care reform plan...

....just show them this from the Wall Street Journal:
From the outset, the White House's core claim was that reform would reduce health costs for individuals and businesses, and they're sticking to that story. "Anyone who says otherwise simply hasn't read the bills," Mr. Obama said over the weekend. This is so utterly disingenuous that we doubt the President really believes it.

The best and most rigorous cost analysis was recently released by the insurer WellPoint, which mined its actuarial data in various regional markets to model the Senate bill. WellPoint found that a healthy 25-year-old in Milwaukee buying coverage on the individual market will see his costs rise by 178%. A small business based in Richmond with eight employees in average health will see a 23% increase. Insurance costs for a 40-year-old family with two kids living in Indianapolis will pay 106% more. And on and on.

These increases are solely the result of ObamaCare—above and far beyond the status quo—because its strict restrictions on underwriting and risk-pooling would distort insurance markets. All but a handful of states have rejected regulations like "community rating" because they encourage younger and healthier buyers to wait until they need expensive care, increasing costs for everyone. Benefits and pricing will now be determined by politics.

Ridiculous.

6 comments:

  1. Once again quoting a NewsCorp run paper, why don't you find a source who doesn't have an ax to grind with the Obama administration?

    ReplyDelete
  2. When you can't refute the argument, attack the messenger. Good one.

    ReplyDelete
  3. The message is wrong, plain and simple, so yeah I attack the messenger, just because you "report" it, it doesn't make it true

    ReplyDelete
  4. Your foil hat is showing.

    ReplyDelete
  5. Ah name calling, the benchmark of a Rethuglican. Funny thing is that I am not much of an Obama supporter, I always considered myself a Republican until the party spent too much time cowtowing to the religious right and the extremely rich. I didn't leave the Republican party, it left me

    ReplyDelete
  6. Top quality of ecco shoes are developed for discerning customers.Enjoy a great selection of newest style.discount ecco shoes on sale,free shipping,110% price guarantee.Top quality of ecco shoes is your best chooice for daily life and working,sport,and so on.And hot sale now winter Boots .fashion on the outside,warm on the inside.

    ReplyDelete

No profanity, keep it clean.

Note: Only a member of this blog may post a comment.