Does Obamacare bend the cost curve?
Despite all the promises that this “reform” would reduce health care costs, the exact opposite is true. The law will increase overall health care spending in the U.S. by $222 billion between now and 2019. Even worse, the law will cause premiums in the non-group market to increase by 10 –13 percent. • Is Obamacare a good deal for seniors? Seniors will suffer under Obamacare. They will have fewer plans and physicians to choose from while paying higher taxes. Amazingly, Obamacare levies a multi-billion dollar tax on many of the brand name prescription drugs that seniors rely upon. • How do doctors fare under Obamacare? No class of American professionals will be more negatively impacted by Obamacare than doctors. They will be subjected to increased regulation from a vast, powerful new health care bureaucracy while becoming increasingly dependent on an unreliable government reimbursement system. Recent polling suggests physicians are increasingly pessimistic about the future, which should c
