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ObamaCare is a success … at sucking vast sums of money from the private sector

ObamaCare is a success … at sucking vast sums of money from the private sector

In Washington, the healthcare debate isn’t about rescuing the people in the individual insurance market from ObamaCare’s high premiums and poor coverage. Nor is it about improving patient welfare, or reducing medical costs. It’s about using the “coverage for all” mantra to suck huge sums of money out of the private sector with ObamaCare taxes, premiums, and regulations.

ObamaCare forces the purchase of health insurance without regard to its price, quality, or value. Federal policies that increase coverage increase the amount of money flowing to special interests. Federal policies that decrease coverage mean more money for private households. No wonder both ObamaCare supporters and Obamacare reformers evaluate proposed changes on whether they increase or decrease coverage.

Read the whole article originally published in The Hill on August 7, 2017.