Saturday, April 28, 2012

There is NO health care market in America

I've written extensively on this blog about health care over the last several years, and particularly when the debate over Obamacare was going strong in 2009-2010.

As that law has taken effect, we're starting to see some of the consequences already in the form of higher insurance premiums, more limited options in insurance plans, more expensive health care across the board and companies either obtaining politically granted waivers exempting them from the law or simply deciding to take the "penalty" and break the law instead of go out of business trying to pay for employee's health care costs.

I produced and released the following video yesterday, where economist, Steve Gohmann of the University of Louisville discusses the issue. Check it out now:

You may have noticed the following chart detailing how incredibly complex the system is in the video. I provide it here as well just so you can have a good look at it. The next time someone tells you about how we should have the state more involved in the health care... Just show them this:


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Ashavari said...