To understand whether ObamaCare will actually drive down
healthcare costs, a Christian activist says it's important to take
a look back at history.
Merrill Matthews and Mark E. Litow warn in a Wall Street
Journal opinion piece that ObamaCare mandates will
drive up the cost of health insurance premiums in individual
markets. The two note that in the mid-1990s, eight states -- New
Jersey, New York, Maine, New Hampshire, Washington, Kentucky,
Vermont and Massachusetts -- required health insurers to accept
every applicant and to charge a common premium for those insured.
As a result, premiums skyrocketed.
So even though President Obama promised that premiums for a
family would be lower after his first term in office, prices are
actually now $3,000 higher.
Lawrence Hebron of the Alliance of Christian Patriots tells OneNewsNow
the government follows a pattern when it gets involved in health
"Up until about four years ago, what healthcare stories
dominated the news? Well, there were the problems with Medicare,
the problems with the veterans healthcare system, and the high cost
of insurance," he notes.
"Who runs Medicare? That would be the federal government. Who
administers the veterans hospitals and related healthcare? Oh,
that's the federal government also. Well, who regulates the
healthcare insurance industry and is responsible for the high cost
there? Oh, that would be the federal and state governments. Do you
see a pattern here?"
Since ObamaCare requires guaranteed issue, community rating, and
forces insurance to fund uncovered medical conditions, Matthews
warns that premiums will "shoot up" and that "some may even
double." Major employers will not see a significant increase, while
small businesses will encounter a higher increase. The individual
market will be hit the hardest.
States that do have signature ObamaCare mandates typically have
higher premiums than states that do not.
Merrill Matthews is a resident scholar with the Institute for
Policy Innovation. Mark Litow is a retired actuary and past
chairman of the Social Insurance Public Finance Section of the
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