Twelve Things Still Wrong with Health Reform
September 4, 2012
The U.S. Supreme Court may have upheld most of the Patient Protection and Affordable Care Act ACA), but that won't fix its many flaws. Here are 12 problems that still riddle the 2,700-page law known as ObamaCare, says Merrill Matthews, a resident scholar with the Institute for Policy Innovation.
- Imposes a bevy of new taxes.
- Expands a nation of takers.
- Creates a maze of cross subsidies.
- Hands control to unelected bureaucrats.
- Empowers the IRS.
- Imposes perverse economic incentives.
- Explodes health care spending.
- Enhances rationing under the Independent Payment Advisory Board.
- Allows fewer health insurance options.
- Creates more inefficiency.
- Includes pork and calls it prevention.
- Cooks the Medicare books.
What is the Affordable Care Act's greatest failure, according to Matthews? It imposes a mid-20th century health insurance model on a 21st century global economy.
- The Internet brings consumers countless products and services from countless vendors; ObamaCare provides four choices from a handful of insurers.
- Technology creates fast-paced health care changes while ObamaCare's 2,700 pages ties up almost everything in the snail-paced legislative and bureaucratic processes.
- Innovators and entrepreneurs are asking what consumers want; ObamaCare tells both patients and providers what they can and can't have.
- The Affordable Care Act looks backward -- to the days of big-government and grand social schemes. It is the wrong policy for the dynamic and fast-paced 21st century. It is an albatross fit for 1960, not 2012.
Source: Merrill Matthews, "The Health Care Dirty Dozen: Twelve Things (Still) Wrong with ObamaCare," Institute for Policy Innovation, August 14, 2012.
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