Wednesday, July 17, 2013

Good News on Healthcare Costs

New York is the latest state to announce health insurance rates coming down as a consequence of Obamacare. Individual rates will fall by 50%. In California, the monthly average premium on the exchange will be $321/mo (before subsidy, if any), about 40% less than forecast by the CBO. An Obama Medicare pilot program to improve care and reduce costs has done exactly that as reported today in Politico.

Gosh - just imagine if the Dow had doubled and the annual deficit had been cut in half under Obama's presidency. Then, we could honestly say that he is one of our great presidents. Principled conservatives would drop their petty partisanship and much would be accomplished these next three years by working together. If only...

No comments: