obamas health scare plan

Obama's Health Scare Plan

Want to read something really frightening? Get a load of Barack

Obama's Health Care Plan on his website.

Plan for a Healthy America

Plan to create the People's Socialist Republic of America is more like

it. Buckle up, gang, here are some bits and pieces:

Subsidies. Individuals and families who do not qualify for Medicaid

or SCHIP but still need financial assistance will receive an

income-related federal subsidy to buy into the new public plan or

purchase a private health care plan.

Translation: Income redistribution and a recreation of the welfare

state.

Participating insurance companies in the new public program will be

required to report data to ensure that standards for quality,

health information technology and administration are being met.

Translation: They will regulate how insurance companies operate.

The Obama plan will create a National Health Insurance Exchange to

help individuals who wish to purchase a private insurance plan. The

Exchange will act as a watchdog group and help reform the private

insurance market by creating rules and standards for participating

insurance plans to ensure fairness and to make individual coverage

more affordable and accessible. Insurers would have to issue every

applicant a policy, and charge fair and stable premiums that will

not depend upon health status.

Translation: Even more big government. They will regulate operations

and prices. Notice the use of the word "fair". As defined by whom?

Look for more income redistribution, more tax increases and a lot more

beauracracy.

Employer Contribution: Employers that do not offer or make a

meaningful contribution to the cost of quality health coverage for

their employees will be required to contribute a percentage of

payroll toward the costs of the national plan. Small employers that

meet certain revenue thresholds will be exempt.

Translation: Meaningful contribution? This will be used as license to

extort payments from private business. They will pick and choose who

they hammer.

Expansion Of Medicaid and SCHIP: Obama will expand eligibility for

the Medicaid and SCHIP programs and ensure that these programs

continue to serve their critical safety net function.

Translation: More big government.

Obama will establish an independent institute to guide reviews and

research on comparative effectiveness, so that Americans and their

doctors will have the accurate and objective information they need

to make the best decisions for their health and well-being.

Translation: More big government.

Obama will invest $10 billion a year over the next five years to

move the U.S. health care system to broad adoption of

standards-based electronic health information systems, including

electronic health records, and will phase in requirements for full

implementation of health IT.

Translation: $50 billion government spending program, and a grab of

your medical records.

Obama will strengthen antitrust laws to prevent insurers from

overcharging physicians for their malpractice insurance.

Translation: Use of anti-trust to regulate the insurance industry.

I predict insurers will stop writing malpractice coverage if this

happens.

Barack Obama will prevent companies from abusing their monopoly

power through unjustified price increases. His plan will force

insurers to pay out a reasonable share of their premiums for

patient care instead of keeping exorbitant amounts for profits and

administration. His new National Health Exchange will help increase

competition by insurers.

Translation: They will regulate prices, profits and will use

anti-trust to go after these people.

Barack Obama has consistently supported funding for the national

institutes of health and the national science foundation. Obama

strongly supports investments in biomedical research, as well as

medical education and training in health-related fields, because it

provides the foundation for new therapies and diagnostics.

Translation: More government spending to create moonbat farms.

This goes on and on. More big government, more regulation of private

business, more taxes and income redistribution. In the FAQ they say

they will pay for all this through these imaginary savings and

eliminating the Bush tax cuts.

Rather than increase competition and lower prices, this plan will

chase providers and underwriters out of the business. The supply curve

will shift in, the demand curve will shift out, and you will have

shortages and low quality health care, and a whole lot of voters

dependant upon big government for health care.

Labels: Barack Obama, big government, socialized medicine

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