Free Market Options to ObamaCare Already Exist

By:  Bob Adelmann
12/27/2013
       
Free Market Options to ObamaCare Already Exist

The free market in health care services which is already in place awaits the pending collapse of ObamaCare, ready to provide those services at lower costs without the mandates.

More than a year ago, Dr. Barbara Bellar, a medical doctor with a JD degree, was running for office as an Illinois state senator, and provided a sound byte that continues to reverberate across the Internet, having been viewed as of this writing some 3,675,000 times. The clip lasts less than two minutes, including laughter and applause from her audience, to whom she said:

So let me get this straight. This is a long sentence:

We are going to be gifted with a healthcare plan that we are forced to purchase, and fined if we don't, which reportedly covers 10 million more people without adding a single new doctor, but provides for 16,000 new IRS agents, written by a committee whose chairman doesn't understand it, passed by Congress that didn't read it but exempted themselves from it, and signed by a president who smokes, with funding administered by a treasury chief who didn't pay his taxes, for which we will be taxed for four years before any benefits take effect, by a government which has bankrupted Social Security and Medicare, all to be overseen by a surgeon general who is obese and financed by a country that is broke.

And then she asked, "So what the blank could possibly go wrong?"

Little did she know at the time just how much would go wrong: the chaotic rollout, the website's disasters, the millions of policy cancellations, the administration’s backpedaling, the increasing number of Democrats who voted for it now distancing themselves from the catastrophe, the dropping poll numbers, and on and on.

And that doesn't include the new ObamaCare taxes and fees, direct and indirect, that are coming on January 1, 2014

Kaiser Health News provided just one single example: Starting in January, a customer with Blue Cross Blue Shield of Alabama is going to see his monthly premium jump from $322.26 to $345.40, an increase of $23.14 a month. This includes the two-percent federal levy on every health insurance policy along with the $2 fee per policy that goes to a medical research fund. This includes the fee every insurance company must pay just to sell its plans on the exchanges.

But it doesn't cover the indirect charges that will eventually show up later, such as the 2.3-percent medical device tax, and higher income taxes as the threshold for deducting out-of-pocket medical costs will jump from 7.5 percent of annual incomes to 10 percent. And then there’s the added 0.9-percent tax to be levied on those earning more than $200,000 individually or families with more than $250,000 in income. Plus there’ll be the 3.8-percent tax on unearned income, such as dividends, rental income, and capital gains.

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