ObamaCare’s impact on health costs.

ObamaCare includes new mandates which require all insurance companies to provide “free” preventive care, with no co-pays or deductibles. Of course, patients will still be paying for it, but the costs will instead be built into increased insurance premiums to pay for the new requirements. A government board will be deciding what does or does not qualify as preventive. “The rules stipulate that no co-payments can be charged for tests and screenings recommended by the United States Preventive Services Task Force, an independent panel of scientific experts. The rules apply to new health plans that begin coverage after Sept. 23 and to existing health plans that make significant changes after that date. The administration said the requirements could increase premiums by 1.5 percent, on average.”

“I think what is interesting is how poorly the law stacks up against its proponents’ own criteria. The new law fails to control rising health-care costs or increasing health-insurance premiums. In fact, the legislation will actually increase U.S. health-care spending by $311 billion over ten years. Insurance premiums will roughly double over the next six years, roughly what was expected before the law passed. It doesn’t restructure programs in a way to improve quality… By 2019, there will still be 21 million uninsured Americans, and nearly half of those who do get coverage under this law are merely thrown into Medicaid. Many other touted reforms come with surprisingly high price tags. For example, sure you can now keep your children on you insurance plan through age 26, but it will cost them an average of $3,380 per year per child in higher premiums. Even if you believed completely in President Obama’s goals, it’s hard to see what there is to like about this law.”

Maine’s Insurance Commissioner is requesting an exemption from the onerous new “medical loss ratio” regulations in ObamaCare. It would likely force one of the state’s larger insurers out of the market, greatly restricting choice and competition.

ObamaCare is substantially worse than most people think. “The length and complexity of the legislation, combined with a debate that often generated more heat than light, has led to massive confusion about the law’s likely impact. But, it is now possible to analyze what is and is not in it, what it likely will and will not do. In short, the more we learn about what is in this new law, the more it looks like bad news for American taxpayers, businesses, health-care providers, and patients.”

“As events are now unfolding, the Massachusetts plan couldn’t be a more damning indictment of ObamaCare. The state’s universal health-care prototype is growing more dysfunctional by the day, which is the inevitable result of a health system dominated by politics.”

Real health-care reform — of the kind that would lower costs, rather than raise them — would require increasing Americans’ control of their own health-care dollars and making prices more transparent, but ObamaCare would merely increase government control and funnel more of Americans’ money to insurers, whether they want it to go there or not.

“Anyone wanting a preview of Obama-Care need just focus on Massachusetts, the state that provided the blueprint for Obama’s plan. It makes a great case for making haste in repealing ObamaCare.”

When campaigning, Massachusetts Governor Deval Patrick promised to lower health insurance costs for families. When the tightly regulated Massachusetts insurance market resulted in increased premium costs, he turned to price controls. Insurers successfully appealed to have the Administration’s rate freezes overturned, because they would lead to insurers going out of business. ObamaCare is structured with similar regulations as the Massachusetts health system, and Obama made the same promises about lowering premiums, which are proving impossible to fulfill, so federal price controls might be in our near future.

Among ObamaCare’s supposed selling-points are its insurance regulations which require companies to sell insurance to everyone at the same price, regardless of whether they’re healthy or sick. But if you can buy insurance after you get sick, there’s no reason to pay for it until you need it. Massachusetts instituted these reforms in 2006, and they’ve led to a significant increase in costs, which is exactly what will happen when ObamaCare forces these regulations on the whole country.

As the Congressional Budget Office has said, ObamaCare would raise the cost of health insurance — it would raise the average family’s annual premiums by $2,100 in the individual market — but the mainstream press and the Obama administration have responded to this condemning news with a mix of yawns and cheers.