An author named “Barack Obama, JD” published an article on Monday in a scholarly journal. No prizes for guessing the topic: It’s an assessment of the Affordable Care Act as well as policy recommendations for the next president to improve the U.S. health care system.
The article, titled “United States Health Care Reform: Progress to Date and Next Steps,” was published by the Journal of the American Medical Association.
The piece, which contains 68 footnotes to academic journals and government publications, claims to present evidence showing that the number of Americans without health insurance has dropped dramatically, and resulted in lower hospital readmission rates. Obama also used the article to recommend the introduction of a “public option” plan in parts of the U.S. and for the federal government to push down drug prices.
Seriously, JAMA? You guys decided to publish an unrefereed buffed-up propaganda piece?
I blogged about the public option earlier this week. Almost everyone — including the advocates of the public option — recognizes that it is a Trojan Horse for socialized medicine, a program that will finish the job of bankrupting private insurance companies so that the public option quickly becomes the only option (except for the elites, who will be allowed to keep their boutique private plans). And the result will be a system that somehow manages to be just as expensive but less efficient than the system we have now.
“But, wait, Hal!” you say. “Government insurance if more efficient because they don’t turn obscene profits!” Well, first of all the profit-margin in the insurance industry is not obscene, but fairly normal at a few percent. Second, as I noted earlier, Medicare’s “efficiency” mainly consists of hiding costs and allowing gigantic amounts of fraud.
But the real proof is in the pudding. One of the things Obamacare did was create insurance co-ops, non-profit insurance companies that were supposed to show what we could have without those evil evil profits. We even gave them government loans to prop them up. Well, 16 of the 23 co-cops have failed, sucking up $1.7 billion in taxpayer funds. This shouldn’t be a surprise. Every insurer is struggling to make Obamacare work because … get this … it turns out that when you just hand out insurance policies, sick people are the most likely to take them. Just imagine what would be happening to insurance markets if “sell-out” Republicans hadn’t stood firm and gotten the public option jettisoned.
Obamacare is turning into a slow-rolling disaster whose end-game is shoving all of us plebs into a socialized system. Again … this is why the GOP holding onto Congress is so important. Even if we can’t repeal Obamacare, we can pass an overhaul that moves it more toward a real market system (e.g., allowing insurance to be sold across state lines). Clinton and a Democratic Congress will only complete the job they’ve started.