Friday, November 15, 2013

Who pays for Obamacare losses?





David Henderson writes:

Matt Yglesias: Health Insurance Doesn't Affect MortalityIn comparing Bush on Hurricane Katrina and Obama on ObamaCare, Matt Yglesias writes:
The administration and the Democratic Party writ large had very high aspirations for the Affordable Care Act, viewing it as a legacy-defining major pillar of the American welfare state that would massively improve the lives of millions of people. If they can't make the basic infrastructure work, none of that will happen and it'll be a huge failing. But even in the worst case, they're not going to get anyone killed. That's a big difference.


Excuse me? In the worst case, where they don't get the infrastructure working and so millions of people will lose health insurance, they're not going to get anyone killed? How could that be? Surely some of the millions who lose health insurance will die without it. Maybe not many. But not "anyone?" Hard to believe.

HT to Bob Murphy.

Let us complee the model.  Obamacare is not just an insurance plan, it is a real brick and mortar construction plan; big hospitals being built in LA and Sacramento, billions in investment.  If Obamacare moves to far, and the medical system, real brick and mortar hospitals complete with lifetime labor contracts, goes belly up; as in much worse than before. Think No Child Left behind and it's the enormous , and multiplying costs in California.

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