This all makes perfect sense in a Tim Burton movie.
The insurance industry lobby that used to support reform has found out that it will cost families — a lot. Karen Ignagni said the proposal would cost a typical family $20,700 more over 10 years than the unreformed alternative. Tevi Troy at NRO’s Critical Condition was struck by a rebuttal to the new study: “The majority of people obtaining insurance (85 percent) would be eligible for subsidies, so they would not feel any premium increase.”
So most people will pay higher taxes that mask the higher premiums the insurance companies will collect from them and somehow this will improve the health care system. Isn’t that one of the problems we have in colleges and universities? Government subsidizes education, so tuition goes up faster because most people get subsidies, then do-gooders complain about how expensive college is and that we need to subsidize it even more. Am I missing something?
Now that I mention it, isn’t this hidden cost part of why we have the push to remake American health care? People get insurance through their employers in part because the tax code subsidizes this, but premiums climb faster than wages, so Congress will force more people to get even more expensive insurance through their employers and get bigger subsidies from government.
