Obamacare - More Harm Than Good

In keeping with the theme of the last post, the Obamacare plan that the Democrats so desperately want will likely do more harm than good:

AMERICANS seem to like the idea of broadening health insurance coverage, but they may not want to be forced to buy it. With health care costs high and rising, such government mandates would make many people worse off.

The proposals now before Congress would require just about everyone to buy health insurance or to get it through their employers — which would generally result in lower wages. In other words, millions of people would be compelled to spend lots of money on something they previously did not want, at least not at prevailing prices.

Estimates of this burden vary, but for a family of four it could range up to $14,000 a year over the next decade, according to the Congressional Budget Office. Right now, many Americans take the gamble of going without insurance, just as many of us take our chances with how much we drive or how little we exercise.

The paradox is this: Reform advocates start with anecdotes about the underprivileged who are uninsured, then turn around and propose something that would hurt at least some members of that group.

Read the rest of it here. There isn't one single analysis of Obamacare that says it will actually insure ALL of the uninsured, but the mandates imposed on the insurers to accept everybody regardless of health history will guarantee that costs will skyrocket for those who are paying for insurance.