What health care reform?

WSJ’s Holman W. Jenkins, Jr is a (very) little bit more optimistic than I that Obamacare can lead to actual reform, but he is pretty much dead-on in highlighting how exactly this bill does absolutely nothing but benefit the insurance industry.

You see, rising health care costs, as seen in California and across the country, are a result of people dropping their coverage and rising medical costs. Enter Obamacare:

Once everyone is required by government mandate to buy insurance, the industry’s survival is no longer threatened: It can just pass its skyrocketing costs along to customers. Once customers can no longer refuse to buy the industry’s product, the problem of costs won’t be fixed, but it no longer is the insurance industry’s problem.

There, in that one sentence, we give you the failure of ObamaCare, the failure of the congressional health-care debate, the failure of health-care politics in this country.

Oh, but it gets worse.

Millions of pages of rules will be written by regulators before we see how it really works. Congress itself will return in predictable ways: It will reverse the proposed Medicare cuts that created ObamaCare’s illusion of fiscal probity. It will tighten the mandate that requires insurers to cover the sick at favorable prices. It will not tighten the requirement that the young and healthy buy insurance at prices that subsidize the old and unhealthy.

More and more tax money will have to be found to keep the jalopy on the road. More and more administrative controls on medicine will attempt vainly to keep the jalopy from bankrupting the nation.

Medicare. Social Security. And now Obamacare. Death spiral for America. This bill does absolutely NOTHING to control medical costs, which will continue to rise and rise. The only available tool will be rationing care. Wait lists.

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5 Comments on “What health care reform?”

  1. Hotspur Says:

    Nice new digs, Carin. I need to update my links.

  2. Car in Says:

    Thanks 🙂 I think it’s kinda cool.

  3. geoff Says:

    The problem is that unaffordable insurance rates will “force” the government to implement the public option for our own good. And we’ll undoubtedly be grateful for it by then.

    It’ll just keep getting better and better…

  4. Car in Says:

    Yep. But that is a feature, not a bug.

  5. MCPO Airdale Says:

    Is there socialized medicine in Belize? How about in 2014?

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