Obamacare’s Death Throes

Thursday, January 12, 2017
By Paul Martin

by Stephen Lendman
ZeroHedge.com
Jan 12, 2017

On March 23, 2010, Obama signed the misnamed Patient Protection and Affordable Care Act (PPACA) into law.

It’s a healthcare rationing scheme to enrich insurers, drug companies and large hospital chains in lieu of the only equitable system – universal coverage, everyone in, no one left out, no gimmicks and schemes the way Obamacare was crafted.

Physicians for a National Health Program (PNHP) proposes a “Beyond the Affordable Care Act: A Physicians’ Proposal for Single-Payer Care Reform.”

It’s a work in progress, to be published when completed. An abstract said the following:

“Even after full implementation of the Affordable Care Act (ACA), tens of millions of Americans will remain uninsured or only partially insured, and costs will continue to rise faster than the background inflation rate.”

“We propose to replace the ACA with a publicly financed National Health Program (NHP) that would fully cover medical care for all Americans, while lowering costs by eliminating the profit-driven private insurance industry with its massive overhead.”

“Hospitals, nursing homes, and other provider facilities would be nonprofit, and paid global operating budgets rather than fees for each service.”

“Physicians could opt to be paid on a fee-for-service basis, but with fees adjusted to better reward primary care providers, or by salaries in facilities paid by global budgets.”

“The initial increase in government costs would be offset by savings in premiums and out-of-pocket costs, and the rate of medical inflation would slow, freeing up resources for unmet medical and public health needs.”

Obamacare was a failed experiment. Sharply increasing costs make it unaffordable for millions, leaving them woefully underinsured or for many without coverage because it’s too expensive to buy.

The Rest…HERE

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