Wednesday, September 30, 2009

Pipes On BaucusCare

The September 25, 2009 SF Examiner published the following OpEd by Sally Pipes, "Baucus' unhealthy plan will not reform anything".

She makes several good points. Here's one (of many):
...According to proponents, this "individual mandate" will increase the size of insurance risk pools and bring down premiums. Young and healthy people who might normally go without insurance will be forced to buy into the system and, in effect, subsidize the old and sick.

Of course, this line of reasoning ignores the fact that many Americans are uninsured not because they want to be but because they can't afford insurance. Nationwide, the average annual premium for family health coverage is $12,300. That figure is expected to double over the next decade.

Forcing millions to purchase budget-busting insurance policies or face hefty fines will push family bank accounts to the brink and make economic recovery even harder.

The Baucus plan attempts to address these affordability concerns by allocating billions in subsidies to people with incomes up to four times the poverty level, or $88,000 for a family of four. But with health insurance costs rising at astronomical rates, taxpayers will no doubt have to shell out ever-increasing amounts each year so that the subsidies can keep pace.
(Read the full text of "Baucus' unhealthy plan will not reform anything".)

The proposed new "reforms" are just more of the same government interference that created the problem in the first place.

That's like throwing a drowning man an anchor, rather than a life-preserver.