HolyCoast: Who Would Obamacare Hurt?
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Saturday, July 25, 2009

Who Would Obamacare Hurt?

John Fund and Don Surber have the answer:
Forcing young people who don’t need health insurance for one.

The Census Bureau estimated that 36 million people are without health insurance — many of tehm could easily afford it but won’tt buy it.

Surely taxpayers could just set up a program for them, require them to have it, and charge them what they can pay — without having the federal government taking it over under some sort of Federal Expending Medicine Agency (FEMA) that will be run by the dim-witted nephew of a big campaign donor (he ran the polo club just fine).

John Fund of the Wall Street Journal ran down the list of the big losers in all this:

1. Young people. (The smallest risk group — and least expensive to insure — will pay.)

2. Small businesses.

3. 8 million holders of health-savings accounts. (Scrimp, save, lose in Obamamerica.)

4. Medicare Advantage.

According to advocates for nationalized health care, the uninsured cost hospitals $34 billion a year in uncompensated care. That’s less than $1,000 a year per person. Having the federal government simply reimburse those costs would drop the price of Obamacare from $1.6 trillion over 10 years to $340 billion over 10 years.

But the uninsured are 36 million (Census estimate) to 48 million (socialists estimate) strawmen.

As I said earlier, it's not about the money. It's about control.

1 comment:

Ann's New Friend said...

Some of those who would be hurt were Obama's voters. They should have read the fine print.

It's not too late -- they should start reading it now.