From Via Media: ‘Wonkblog: Obamacare Will Raise Premiums…a Lot’

Full post here (links to GAO report, Wonkblog and WSJ included)

‘As it has become clearer to the public that (at least according to the best data available) Obamacare will raise, not lower, health care prices, ACA supporters have made two arguments. First, they note that existing plans may be cheaper, but they’re also “skimpy” and often come with high deductibles. So Obamacare is worth the higher costs it will impose. Second, they argue that even if premiums skyrocket, the subsidies will help make insurance affordable for most people.’

Ugh.  Still up in the air, and if this thing gets in there, it will likely stay in there.

One of the key ideas, though, is that the sick and uninsured will be subisidized by the young and healthy, by first trying to entice, then levying fines, then forcing by law the young and healthy to keep paying into the system.  The nationalization and socialization of health-care is truly a goal for many who pushed this bill. 

AdditionAndrew Malcolm has audio about the data collection and storage required to implement Obamacare.

Related On This Site: From CATO@Liberty-’You’ve Come A Long Way, Baby: Barack Obama On Health Care Fraud ‘Avik Roy At Forbes: ‘Democrats’ New Argument: It’s A Good Thing That Obamacare Doubles Individual Health Insurance Premiums’

Richard Epstein At The Hoover Institution: ‘The Obamacare Quaqmire’

Richard Epstein At The Hoover Institution: ‘Watching Obamacare Unravel’

From The New England Journal Of Medicine Via CATO: ‘The Constitutionality of the Individual Mandate’From If-Then Knots: Health Care Is Not A Right…But Then Neither Is Property?… From The New Yorker: Atul Gawande On Health Care-”The Cost Conundrum”Sally Pipes At Forbes: ‘A Plan That Leads Health Care To Nowhere’

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