“Affordable Care Act” is Making Care Unaffordable

I thought Obamacare was the “Affordable Care Act.” But it’s not making anything more affordable. It’s making life altogether unaffordable and people more dependent on government. Health care costs are still going up, and the quality is going down. There was a Huffington Post article that argued that Romney’s health care plan wouldn’t slow the rising costs of health care. I guess those on the left have then conceded that Obamacare isn’t doing what Obama promised it would do, and they’re having to change their story. Now, apparently the goal of Obamacare is not to lower the cost of health care, but to “slow down the rise of health care costs.” In other words, they’re saying that health care costs are going to go up no matter what, but at least Obamacare slows down the rise.

This is like those male pattern baldness drugs like Rogaine that don’t actually make you grow new hair, but instead claim to “slow down the baldness process.” Well, if that’s all it does, then forget it. What a waste of money. If all Obamacare was going to do was “slow down the rise in costs,” is it really worth the trillions of dollars to do it? Obviously not. But that isn’t even what it does. It’s making health care much more costly.

Even though Obama had promised in 2008 to lower annual insurance premiums by up to $2,500 per family by the end of his first term, ABC News showed that that’s not quite what has happened:

Spending on health care rose 4.6 percent in 2011 — up $4,500 per person, on average — according to the nonpartisan Health Care Cost Institute. That’s up from a 3.8 growth rate in 2010. Health insurance premiums for individuals and families also climbed year-over-year, up 3 percent ($186) on average for an individual and 4 percent ($672) on average for a family, according to the Kaiser Family Foundation. During Obama’s term, between 2009 to 2012, premiums have climbed $2,370 for the average family with an employer-provided plan – a rate faster than during the previous four years under President George W. Bush, according to Kaiser.

It’s also crippling businesses. A recent poll was conducted that found that about 60% of small business owners and manufacturing companies are going to have to make drastic changes to their businesses as Obamacare continues to be implemented. These business changes include anything from having to charge much more for their insurance premiums to having to eliminate their health care coverage altogether. Another poll showed that among those business surveyed, 24% had to lay off workers, 23% had to dip into their own savings to keep their companies afloat and 11% had to terminate health benefits for their employees. Over half of all respondents said that they would not start a new business in the current economic climate. Starting a new business would be more difficult today compared with four years ago because of higher taxes, higher health care costs and other regulations associated with Obamacare.

Do we really need to replace Obamacare with something better, or just repeal it and not replace it with anything? We don’t need more laws. We need to repeal a bunch of laws. The regulations, taxes and fees are destroying our economy and driving costs up. Let’s do to Obamacare what a death panel would do to an elderly person who was not worth treating anymore: euthanize it.