Limestone Roof
Limestone Roof

Monday, November 30, 2009

Obamacare: Higher Premiums & Less Care

It's the gift that keeps on giving‡. I find it ironic how aggressively the MSM targeted 'Joe the Plumber' after he asked Obama about his redistribution ethos during the election run-up.

‡Giving = Taking away and giving to someone else.
CBO: Insurance Premiums Will Increase by 10% Under ObamaCare (Ace)

There are winners and losers here. If you've got insurance, you're a loser: Congratulations, you will now basically have a complete stranger's health care added to your premiums as if he's a member of your family, because you can afford it.

If you don't have insurance, you may be a winner... sort of. As regards primary effects you come out ahead -- free money! -- but there will be secondary effects, too, as all health care overall is driven to a lower quality.

Broken record time: This is and always was about only one thing. A fairly direct transfer of wealth, and the services that wealth buys, from the middle class to the lower class. There is plenty of reason for the uninsured and poor to support this plan; there is no reason for anyone middle-class and insured to support it. For the latter, there are no benefits whatsoever, and only costs -- except for the benefit of knowing you have basically added a stranger as a family member to your plan, and you can now enjoy the satisfaction of knowing all the extra money you're paying, and all the treatments you're personally be denied, are going to help someone else. Maybe.
Related
Nicholas Kristof, Obamacare, and the Broken Window Fallacy

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