ObamaCare is bringing us closer to a single payer — and that single payer is broke. Here’s the meat from The Foundry:
Joel Ario, an official at the Department of Health and Human Services, reinforced this possibility, saying, “If it plays out the exchanges work pretty well, then the employer can say ‘This is a great thing. I can now dump my people into the exchange and it would be good for them, good for me.’”
Those outside the beltway know that there’s no such thing as a free lunch. As employers drop health plans for their employees, taxpayers will be left to pick up the tremendous cost of offering more and more subsidized coverage in the exchanges. This will drive up the cost of Obamacare and its already-huge impact on deficit spending. Since the subsidies represent a new entitlement program, the only way to control the cost would be to pass legislation reducing benefits or eligibility.
Higher prices, less service. It’s the Washington way.
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