Affordable Care Act
The Affordable Care Act finally granted Americans near-universal access to healthcare. The law massively expands Medicaid, and makes the program more accessible while altering its funding mechanisms. Subsidies are also offered to those who do not qualify for Medicaid or Medicare. The law also requires all Americans to purchase or otherwise obtain health insurance.
Commentary
Cry Wolf Quotes
One of the principal impediments to job creation is uncertainty on the part of American companies, large and small. We've all watched as companies have sat on a lot of capital. They're uncertain about what tax policy is going to be. They're clearly uncertain about how health care costs. They're uncertain about all the regulations on capital markets.
[The government involvement in the economy] is so overwhelming and beyond anything we have ever seen, that we risk moving this country away from a government of the people to a government of the regulators.
[The stimulus bill funds] a bureaucratic structure for the government to begin rationing the health care of the American people. They can then lead a national, populist, grassroots movement to force Congress to pass the bill, and President Obama to sign it, educating the public along way about the intractable problems of socialized medicine.
A public plan would be unfairly matched against private plans and according to a 2009 Lewin Group Study, if the public plan’s reimbursement rates are similar to Medicare, an estimated 119 million people will shift from private insurance to the public plan. Within years, private insurers could be driven out of business and a “Single Payer System” will evolve. Moreover, an improperly constructed employer mandate could have a devastating impact on main street businesses that would be saddled with a significant economic burden.
