As the liberal talking points on ObamaCare dictate, once ObamaCare is fully implemented, more people will contribute to the insurance pool and rates will stabilize and perhaps come down.
Sounds nice in theory, but does it work in practice? Is this revealed as just a utopian fantasy not grounded in empirical evidence when we examine what has occurred in other nations?
The liberal premise for ObamaCare can be distilled into a couple of key hypotheses regarding health care costs: (1) health care costs are being driven up at rapid rates because of the high private-sector profit-driven component of the American health care system, and (2) increasing public-sector involvement in the health care system and government regulation will stabilize or decrease costs.
If these foundations for justifying ObamaCare were true, what we should find when we compare trends in American health care costs to those of other nations with socialized medicine/universal health care coverage is that American health care costs are increasing at a more rapid rate than those of all these other countries. Such is most definitely not the case.
Sounds nice in theory, but does it work in practice? Is this revealed as just a utopian fantasy not grounded in empirical evidence when we examine what has occurred in other nations?
The liberal premise for ObamaCare can be distilled into a couple of key hypotheses regarding health care costs: (1) health care costs are being driven up at rapid rates because of the high private-sector profit-driven component of the American health care system, and (2) increasing public-sector involvement in the health care system and government regulation will stabilize or decrease costs.
If these foundations for justifying ObamaCare were true, what we should find when we compare trends in American health care costs to those of other nations with socialized medicine/universal health care coverage is that American health care costs are increasing at a more rapid rate than those of all these other countries. Such is most definitely not the case.
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