Second, this has not created a bottomless well of healthcare financing. There is no such thing anyway. The drafters have tried to cover this fact up. For example, there is a limit to how much Medicare will reimburse doctors for services rendered. Otherwise, doctors could charge $1,000 for a routine examination and Medicare would have to pay up. That would bankrupt the country financing Medicare alone. The legislation won American medical Association endorsement because of a promise the limit on reimbursement would be raised and doctors would be paid more. Does anyone believe that, if we cannot maintain Medicare reimbursements at current levels, we will beable to expand coverage further while paying doctors more? It is impossible.
Third, price controls will lower quality and quantity. Fewer doctors working at fewer healthcare providing locations equals longer lines waiting for an inferior product. This also means less money for research and innovation as well as shortages. We are talking morbid shortages here. Everything from flu shots to plasma, blood, and donated organs. Canada has a large black market for organs.. The organ shortage situation in the United Kingdom is called critical.
Fourth, there will not be asignificant number of lives saved because of increased coverage. There is no significant difference in the mortality rate of the voluntarily uninsured (wealthier) and the involuntarily uninsured 9poorer.) The latter group has only astatistically insignificant 3% higher rate of mortality.
Finally, the budget deficit and national debt are going to spiral out of control. Observe the following debt projections for 2020:
Furthermore, the requirement for insurers to provide more coverage will raise premiums while higher taxes on "the rich"--small businesses who employ the majority of American workers--will allow fewer dollars to hire new workers or grow the business. bottom line: that means fewwr taxdollars to pay for all thisstuff.ObamaCare must be repealed!
