Rumor has it that the Senate health-care bill will be released from behind closed doors sometime today. To determine whether the hard work going on behind the bill is a step in the right direction or nothing more than ObamaCare-lite, you only need to answer these five questions put forth by Michael Cannon of the Cato Institute.
- Would it repeal the parts of ObamaCare—specifically, community rating—that preclude secure access to health care for the sick by causing coverage to become worse for the sick and the Exchanges to collapse?
- Would it make health care more affordable, or just throw subsidies at unaffordable care?
- Would it actually sunset the Medicaid expansion, or keep the expansion alive long enough for a future Democratic Congress to rescue it?
- Tax cuts are almost irrelevant—how much of ObamaCare’s spending would it repeal?
- If it leaves major elements of ObamaCare in place, would it lead voters to blame the ongoing failure of those provisions on (supposed) free-market reforms?
Read more here.
Senate Health Care Bill: Worse Than Doing Nothing
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Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
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