Hot Air posted an article yesterday reporting that according to the Congressional Budget Office, ObamaCare will cost about $50,000 per person.
The article reports:
If you want to read the report yourself, it’s tucked away back in Appendix B of the document. (.pdf format) The total bill over ten years is closing in on the two trillion mark, and the various taxes and fees imposed under Obamacare are only going to make up for $643B of it. So I guess we really did have to pass the bill to find out what was in it.
The article concludes:
The plan is covering 27 million people with estimates of that growing by 25% over the next decade. A mid-range quality health care plan through most employers – including the employer contribution – can be had for roughly $5,400 per year. That works out to a little less than 150 billion dollars to just buy all of those people a health plan under the old system and the insurers would have been thrilled. The crippled, complicated government web site could have been stripped down to just ask how much you make each year and, based on that, issue you a voucher for a health insurance plan from a company that covers your area. We wouldn’t have liked it, but it would have come in at one heck of a cheaper rate and the debate would be over.
Rather than an exit question, we’ll just close with an observation. You were lied to. Again.
At some point, we need to elect a Congress that understands that the private sector does things better. It would have been much cheaper and easier to set up a system of tax refunds for health care premiums run by the private sector. The plan could easily have included insurance for children in college, portability across state lines, tort reform, and other ways to insure the previously uninsured. Unfortunately, Congress had a better idea–which wasn’t.
