The opaque, dishonest nature by which ObamaCare was passed ensured that the full brunt of many provisions wouldn’t be felt before Obama’s 2012 reelection bid. While that stratagem worked for Obama, it also ensured that ObamaCare would turn into an unending supply of timebomb policies with unpleasant consequences which would continue to plague Democrats (and America) long after the bill’s passage.
And those bombs continue continue to explode:
The solution is obvious: Reduce federal coverage mandates to reduce premiums and deductibles. Instead, Mrs. Clinton wants even more mandates that are guaranteed to make premiums and deductibles rise even higher.
First, on Tuesday in Iowa, Mrs. Clinton released her plan to make prescription drugs more “affordable.” (Sound familiar?) She proposes capping patients’ monthly out-of-pocket prescription costs at $250. Making insurers pay more toward retail drug costs ensures those costs will be passed on to employers and policy holders through premium increases, forcing the young and healthy to further subsidize the old and the sick. And Mrs. Clinton wants to stick it to drug makers by prohibiting them from deducting the cost of advertising on their taxes (as other kinds of businesses can) and shortening their patents, which will give them shorter horizons to recover their sizable investments. Making it more expensive for pharmaceutical companies to do business will either increase the costs of drugs or prevent their development in the first place.
Then, on Wednesday, Mrs. Clinton said she wants to expand the “free” services mandated under Obamacare to include three doctor visits per year, on top of preventive care such as vaccines and screenings. When Democrats were selling Obamacare to taxpayers, they said fully covered preventive care would help reduce overall health care spending by giving Americans an incentive to take better care of themselves and not avoid seeking care because of cost concerns. But the law of supply and demand can’t be suspended by Congress; increasing demand for health care increases costs. Now Mrs. Clinton wants sick care to be fully covered as well, which will — wait for it — increase demand for a limited supply of doctors and providers, and increase costs through higher premiums and deductibles. She also wants to deny insurers the ability to charge higher out-of-network costs for hospital care when those very networks help insurers keep costs down.
And there’s plenty more time for more ObamaCare-fueled rate and deductible explosions between now and the 2016 election…