Investor's Business Daily takes a look inside the frightening 1,018-page Obamacare bill and finds clear evidence that the government will move to end private insurance companies and force everyone to enroll in a government-run health care system.
From the Postal Service to the IRS to Social Security, we all know how well the government does running things, don't we?
From an editorial in today's edition of IBD:
The government, through an unelected health choices commissioner, will set premiums, dictate benefits, determine deductibles and establish coverage. Exchange participants will be required to insure anyone who asks to be covered and to accept all renewals. Ryan believes the weight of the mandates will mean only five or six providers will be able to survive and sell coverage in the exchange.It's not too late to stop Obamacare. contact your member of Congress today and tell them to oppose a government takeover of medicine.
Anyone who wonders how such an exchange will operate need only look at Massachusetts, home to the only health coverage exchange in existence. The Cato Institute's Michael Tanner testified before the Kansas House in 2007 that "in practice, at least as demonstrated in Massachusetts," an exchange "can quickly devolve into a regulatory body."
Read the full editorial at the newspaper's Web site.
Originally posted at TONY PHYRILLAS
