I hate to state the obvious, but free healthcare will cost a fortune.
And once again, it will be the middle class workers who take the hardest hit.
We’ve seen what “affordable healthcare” did to this country. Seventeen of the twenty-three co-ops put in place to run ObamaCare were bankrupt before Trump even walked through the door.
While providers couldn’t stay afloat, premiums rose through the roof.
I love how Leftists are forced to spin the skyrocketing rates of ObamaCare.
Because rates soared, more than doubling most people insurance costs, the idea of the rates eventually dropping was supposed to save the program.
Wishful thinking on the part of Democrats. Because under Obamacare, there seems to be no end in sight for rates.
As Spectator reported,
The Democrats and the media have repeatedly accused President Trump and the GOP Congress of “sabotaging” Obamacare, claiming that changes to the “Affordable Care Act” would result in unprecedented premium hikes in 2019. In July, for example, Nancy Pelosi made the following claim: “Their latest assault on health care will significantly increase premiums for millions of hard-working American families across the nation.” Meanwhile, ever eager to disseminate Democratic propaganda, “news” outlets like the Los Angeles Timeshave published stories with tendentious titles such as the following: “The costs of Trump’s sabotage of Obamacare already are showing up in rate hikes.”
Nice try, Pelosi.
The Obamacare rates rose all by their lonesome. The Democrats knew this when the plan was hatched.
The article continues,
It goes without saying that the Democrats and the “news” media were deliberately attempting to mislead the public. In reality, 2019 will be the first year ever in which Obamacare premiums will decline. In 12 states, according to Obamacare.net, the average rate charged by insurers selling plans through federal and state exchanges will actually be lower than in 2018. The largest cut will be in New Hampshire, where the average premium will drop by 13.47 percent. The smallest reduction will be in Wyoming, where the decrease will be about 0.25 percent.
Even that’s not great news, when you consider that in some places medical insurance costs under Obamacare tripled. So getting back even the highest percentage doesn’t make up for the massive losses. And what about the 0.25 percent rate reduction? Is that even worth noting?
I guess in the Era of Obama even such a small reduction must be noted so Obama can take affirmative action credit for tripling your rates, then giving you back a 0.25 percent rate reduction. For Leftists, that’s winning math.
Now we’re heading into the 2020 election, and to call healthcare a hot topic is the understatement of the century.
Luckily, Trump hasn’t stopped working towards an end to ObamaCare. In fact, the hoopla of the Mueller report buried Trump’s recent success in the effort to eradicate Obama’s poorly built plan.
We recently reported a move by the Department of Justice. They sided with a court ruling which finds the Affordable Healthcare Act unconstitutional.
The process of riding America of ObamaCare might be slower than Trump expected, but make no mistake. He will get the job done.
Meanwhile, leftists refuse to accept the failures of their current plan.
Instead, they want to double down and create Medicare for all.
It’s part of the “Free” plan. Free housing, free food, free education, free cell phone, free healthcare. Hell, they’ll throw in a free puppy so no one grows up sad because they never had a dog.
I know, it sounds all warm and fuzzy, but it’s not reality. And if leftists refuse to listen to Donald Trump, they should pay attention to the experts, like Chris Jacobs.
Fox News elaborates:
“The old saying is if you think health care is expensive now, just wait until it’s ‘free,'” Jacobs, the founder of Juniper Research Group, said. “You will end up paying for it in tax dollars and higher taxes and it will encourage people to overconsume healthcare.”
“If you are paying 20 percent of your taxes, double it,” Jacobs said. “You are not going to end up making money on that, you are going to end up losing money.”
Several independent studies of Medicare-for-all have estimated that it would dramatically increase government spending on health care.
Of course the government will have to ante up billions to handle Medicare for all. Right now, more than 80% of hospitals lose money on Medicare patients. And if you’re thinking hospitals can afford to cover the loss, well maybe. In big cities with huge hospitals that see hundreds of patients daily, that might be true in limited circumstances.
But I can tell you from experience, that’s not always the case. I live in a small town with an aging population. Two months ago, our hospital chained the doors shut. Bankrupt. Apparently, they couldn’t afford to cover the gaps any longer.
Our providers lost jobs, and or families are no longer able to get care locally. That’s a whole new strain on our local economy. Going out of town for doctor appointments is costly in so many ways.
First, there are the transportation costs. And here’s an aspect most people ignore. Once patients traveled out of town for appointments, they go to lunch and shop in another town, and our small shops take another hit. And if this country moves towards Medicare for all, expect more chained doors and strained economies.
Jacobs said “if [hospitals] don’t have private insurance to cover the gap, they are going to cover hundreds of billions of dollars of losses. They are going to have to lay off workers. Do this in one full swoop, this would create a recession just on its own.”
And that’s how leftists destroy our economy with their feel-good legislation. Just because you dream it, doesn’t mean you can afford to do it.