Obamacare isn’t helping. “Obamacare did not alter the main reason health spending has tended to grow rapidly over the past four decades: flawed government policies. Indeed, Obamacare doubles down on federally subsidized third-party insurance arrangements, the engines for health care’s hyperinflation. In Medicare, Medicaid, and employer-sponsored plans, the government provides greater subsidies for high-cost care, which largely undermines the incentives for economizing.
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One of the best reasons for the states refusing to implement the Obamacare health insurance exchanges is that the Obamacare law provides no provision for subsidizing insurance policies through the federal exchanges. If the states do... Read Post
Funny how the bigger government gets, the less people like it. “A decade ago, Americans felt similarly about their local, state and federal governments. No longer. Today, just one in three has a favorable view of the federal governm... Read Post
Out of control.“Federal welfare spending has grown by 32 percent over the past four years, fattened by President Obama’s stimulus spending and swelled by a growing number of Americans whose recession-depleted incomes now qualify the... Read Post