Obamacare: Just give us a bill to hype; we don’t care what it is
Paul Craig Roberts, Contributor
Monday, November 12, 2012
In the article below, Dr. Dotson provides more information about Obamacare. The program is not what its supporters or its critics imagine. In my opinion, with Republicans blocking a single-payer national health system, the Obama White House went to the insurance lobby and said, “give us a health care bill that you can get Congress to pass.” The result is a complex system of taxes, penalties, and government subsidized private health insurance policies with a layer of profits added to the costs of new levels of bureaucracy.
Nomi Prins reports that the claim is laughable that Obamacare will lower costs by creating competitive insurance premiums, because of consolidations and mergers of insurance companies in preparation for the “insurance exchanges.” Wall Street is already making money off the mergers. What Obamacare really does is to allow concentration and control of health care by large corporations that will sacrifice health care to private profits.