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Diana Furchtgott-Roth: The High Cost of Health Reform – RealClearMarkets

Posted by Bio ↓ on Dec 17th, 2009

WASHINGTON-Last night, speaking about the health “reform” bill to ABC’s Charles Gibson, President Obama declared, “If we don’t pass it, here’s the guarantee….your premiums will go up, your employers are going to load up more costs on you. Potentially they’re going to drop your coverage, because they just can’t afford an increase of 25 percent, 30 percent in terms of the costs of providing health care to employees each and every year. ”

But even without a public plan and a lower Medicare age eligibility, the bill would limit Americans’ choice of plans, increase the cost of care, and discourage people from signing up for insurance. The Congressional Budget Office estimates premiums would rise by about 50% under health “reform” by 2016.

via RealClearMarkets – The High Cost of Health Reform.

About

Jacob Laksin is managing editor of Frontpage Magazine. He is co-author, with David Horowitz, of One-Party Classroom: How Radical Professors at America's Top Colleges Indoctrinate Students and Undermine Our Democracy. His work has appeared in the Wall Street Journal, the Philadelphia Inquirer, The Weekly Standard, City Journal, Policy Review, as well as other publications. Email him at jlaksin@gmail.com.


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