Monday, July 12, 2010

ObamaCare: Dream Turned Nightmare

You've heard the Democrats' lies, now prepare for the reality of ObamaCare: health care rationing, higher premiums, lost coverage and death panels.

Don't say you weren't warned.

From an editorial in Investor's Business Daily:
Key provisions of the president's health care reform are about to take effect. Don't expect any of it to be pretty.

It turns out that — as predicted by health experts, and reported on this page — ObamaCare will make health insurance premiums rise rather than fall. This and other unpleasant truths are revealed in a new report from two Republican senators, which charges that "when measured against the administration's own stated goals, the new health law fails to address the top health care concerns of the American people."

Tom Coburn of Oklahoma and John Barrasso of Wyoming are the only two members of the U.S. Senate with M.D.s, and their prognosis in the report, titled "Bad Medicine: a Check-up on the New Federal Health Law," is far from good.

"Independent experts have found that the new health law will increase the cost of health insurance and health care services," the two doctor-senators say, noting the Congressional Budget Office concludes that "premiums for millions of American families in 2016 will be 10%-13% higher than they otherwise would be. This represents a $2,100 increase per family, compared with the status quo."

Two thousand dollars more? Did something hidden in the 3,000 pages of the ObamaCare bill, which the White House and leading congressional Democrats moved heaven and earth to get passed, make those evil health insurers even greedier?
Read the full editorial at the newspaper's Web site:

ObamaCare: Dream Turned Nightmare - Investors.com

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