Last week I wrote about the failure of Obamacare to reduce the number of uninsured. Today’s number of uninsured is about the same as it was before Democrats passed Obamacare. The only difference now is being uninsured is no longer synonymous with low income.
Obamacare policies are so expensive and the deductibles so high that middle–income families are dropping their coverage.
If you missed last week’s column or just want to refresh your memory, please click here.
Health insurance is expensive because government at all levels — federal, state and local — interferes with the market’s price–setting mechanism and consequently consumers are not in the least cost conscious.
The analogy you’re probably most familiar with is the comparison between health insurance and car insurance. Experts point out car insurance is there to cover major expenses and emergencies and that’s why Jiffy Lube doesn’t send the oil change bill to Travelers.
If it did you would be choosing between paying for your car insurance and your child’s college tuition. The analogy is good in other ways, or as the tech types say: It’s scalable. Car insurance/health insurance can also produce a comparison in the area where the real cost pressure originates — the hospital. As a matter of fact, if car crash repair worked that same way hospital stays, no one could afford ObamaRepair, either.
So where am I going with this analogy? Why, to enlightenment! See for yourself by clicking on the magic Newsmax hyperlink below and read the rest of the column.