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- Apr 22, 2007
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The ACA begins to take hold and drive up costs.
Obamacare turned out to be sicker and more costly to cover than they anticipated.
http://www.cnbc.com/id/102811876
"But if you think these developments are teaching universal coverage advocates and socialists an important lesson, think again. Many Obamacare supporters are using these cost increases to either publicly or privately say that this will help achieve what they really wanted all along: single payer government healthcare. And that brings us back to our "Smarter than a 5th grader" question about whether increasing access to and demand for a product or service will lower or increase costs. Because while single payer might change the sticker price on health care to as low as zero, the realcosts of providing care will only go up unless access is somehow regulated, controlled, and rationed. And all of those things only slow the inevitable rise in real costs anyway."
Obamacare turned out to be sicker and more costly to cover than they anticipated.
http://www.cnbc.com/id/102811876
"But if you think these developments are teaching universal coverage advocates and socialists an important lesson, think again. Many Obamacare supporters are using these cost increases to either publicly or privately say that this will help achieve what they really wanted all along: single payer government healthcare. And that brings us back to our "Smarter than a 5th grader" question about whether increasing access to and demand for a product or service will lower or increase costs. Because while single payer might change the sticker price on health care to as low as zero, the realcosts of providing care will only go up unless access is somehow regulated, controlled, and rationed. And all of those things only slow the inevitable rise in real costs anyway."