Go Back   SZONE.US Forums > Current Events > News > The Heritage Foundation

The Heritage Foundation Since its founding in 1973, The Heritage Foundation has served as a research and educational institute -- a think tank -- whose mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense

The Heritage Foundation

Point-By-Point: The Case Against Obamacare

Thread Tools Search this Thread Rate Thread
Unread 03.01.12, 11:46 AM
@Heritage @Heritage is offline
Join Date: 06.09
Posts: 37,392
Point-By-Point: The Case Against Obamacare

On 03.01.12 11:32 AM posted by Alyene Senger

Two years ago, Congress and President Obama rushed to pass the enormous 2,700-page health care law that most didnít even have time to read. As time has passed, Heritage experts have analyzed the law and written extensively on the need for its repeal. The major components of Heritageís Case Against Obamacare are summarized below.

Individual Mandate: Obamacare includes a requirement that everyone buy government-approved health insurance or face a penalty. This mandate is unconstitutional and violates personal liberty.

Employer Mandate: Obamacare includes a requirement that employers with 50 or more employees provide government-approved health insurance or face a fine. This mandate will hit workers through lower wages and fewer jobs, shareholders through lower profits, and consumers through higher prices.

Health Care Subsidies: Obamacare spends more than $400 billion in the first 10 years to subsidize health insurance offered through government-designed exchanges. The design of these subsidies reinforces the current inequities in the tax code and creates new ones that will discourage work and encourage employers to discontinue offering health insurance.

Medicaid Expansion: Obamacare requires states to expand an already broken Medicaid program that is squeezing state budgets and providing poor-quality care. More than half of the reduction in uninsured under Obamacare comes from expanding this failing welfare program.

Medicare Cuts: Obamacare cuts more than $500 billion from Medicareónot to shore up Medicareís long-term solvency, but to pay for new spending in Medicaid and new health care subsidies. These payment cuts are unsustainable and will jeopardize seniorsí access to care and services.

Independent Payment Advisory Board: Obamacare puts in place an unelected board to reduce payments to Medicare providers. These major payment decisions will ultimately impact seniorsí ability to access care and services.

CLASS Act: Obamacare creates a new long-term care entitlement program for all Americans. The program is actuarially unsound and fiscally irresponsible. Its flawed design has led the Administration to put its implementation on hold.

New Taxes: Obamacare includes more than $500 billion in new taxes. Many of these new taxes will be passed on to consumers in higher prices, while others will lead to higher tax rates on work and investment and discourage economic growth.

Government Regulation and Benefit Mandates: Obamacare adds layers of regulation and benefit mandates on insurers and the insurance market and on employer health plans. Together, these provisions will increase costs, destabilize the market, and reduce consumer choice.

Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:

All times are GMT -8. The time now is 09:11 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright ©2007 - 20017 SZONE.US All rights reserved