Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Concentrate on Dividend Record and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Ron Paul
  • Bank Credit & Money
  • Freedom Force
  • Dick Young’s Safe America
  • Bank for International Settlements

Obamacare Creates More Problems Than It Solves

January 28, 2014 By Richard C. Young

No matter how you spin the bottle, O’Care is a job-killing economic growth roadblock. It is a bureaucratic nightmare that is causing millions of Americans to lose their healthcare coverage and their doctors of choice. Here Cato Institute’s Michael Tanner outlines the failures of O’Care, including the “adverse selection death spiral.”

  • Millions of Americans who are happy with their current health insurance will not be able to keep it;

  • Americans may find it difficult to keep their current doctor unless they are willing to pay more;

  • While there will be both winners and losers when it comes to the cost of insurance, millions of Americans will find themselves paying higher premiums or facing higher out-of-pocket expenses;

  • The law’s final cost is difficult to predict, but is likely to exceed early projections;

  • Far fewer Americans will be covered than expected, leaving millions still uninsured;

  • The law is already having serious economic consequences and will likely lead to a loss of jobs and slower economic growth; and

  • There is a significant danger that young and healthy people will not enroll, leading to an “adverse selection death spiral.”

Related Posts

  • Obamacare Operation!
  • Premiums Surge under Obamacare
  • Rewriting Obamacare?
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Latest posts by Richard C. Young (see all)
  • Your Port Against a Storm. - April 13, 2021
  • Blue Dog Democrats Must Stop the Squad’s Assault on America - April 13, 2021
  • Move from Mass., Conn., Vermont, Maine to New Hampshire - April 12, 2021

Dick Young’s Must Reads

  • Concentrate on Dividend Record and Compounding
  • “The Great Object Is that Every Man Be Armed”
  • Sweden – Not a Socialist Paradise, but a Model of Ruthless Capitalism
  • Paris, The Palace Hotels: Part I
  • We’ll Burn the Place Down!
  • My Key West Garden Office
  • The Problem in America
  • The Armed American Family: Part I
  • Rich States, Poor States this State is Dominant Once Again
  • This Guy Is America’s New President: Shotgun Joe

Disclosure

RSS Youngresearch.com

  • Why Service Is King in 1(800)# Teenage Wasteland
  • Long Live the Dividend King
  • Your Port Against a Storm.
  • Inflation? Yes.
  • Banks Prepare for Boom
  • Fidelity Investments #1: Hires 4,000 Focuses on YOU
  • Larry Summers: Stimulus “Substantially Excessive”
  • It’s as Simple as 4%? No, Not Anymore
  • Wall Street’s New Sub-Prime Borrower
  • One Word Explains the Worth of Your Neighbors’ House

COVID Mask Wearing Buffoonery

Woke Corporate Boardrooms Weaponizing Social Justice

Law and Order – A Twisted Joke

Your Port Against a Storm.

CBS – Picking on the Ron Guy

RECONSTRUCTION: The Confiscation of All His Property

Copyright © 2021 | Terms & Conditions | About Us | Dick Young | Archives