Even the Feds admit Obamacare will increase costs.
That thud you hear is yet another obamacare fantasy falling to earth. This time it comes with fancy charts, courtesy of the federal Centers for Medicare and Medicaid Services, via the Wall Street Journal:
What’s fun about about this thud is that it directly refutes the primary justification for Obamacare: to cut the rising costs of medical care. Not only does it not cut costs, it’s projected to increase them! And it isn’t just those with private insurance that it affects either. As you can see, everyone’s costs will go up. The only exception is medicare, and that’s only because the feds are going to under-reimburse doctors for their services (which sounds like a great way to secure quality care). And keep in mind, this isn’t a Wall Street Journal study; it’s a federal government study.
The dems are right about one thing: Obamacare will certainly go down in history.