On the recordMarch 19, 2012
Yes. I would say when my colleague from Kansas talked about the free care, it reminded me of the old saw: You think insurance is expensive now, just wait until it is free. That is the point. Somebody has to pay for it at the end of the day, and we just happen to have some new statistics how this is working out now that CBO has had a chance to examine how ObamaCare plays out. Here is their newest estimate. We are talking about real costs to real families. CBO now estimates that ObamaCare will increase premiums by 10 to 13 percent. To make that number real, that is a $2,100 annual increase in the cost for the average family of purchasing their own insurance coverage. Six separate private actuarial analyses have all indicated ObamaCare will increase premiums with projected increases ranging as high as 60 percent. Why is that so? It is like a balloon; you push in on one side, it pops out the other. Health care is still going to cost. Doctors still have to treat people, hospitals still have to take care, pay the people who work in the hospitals and so on. It is not free, as our colleague from Kansas is pointing out. Somebody has to pay for it. If the government cannot afford it, then what the insurance companies have to do is charge the extra expense to the people in the private insurance market. When the President complains about why insurance costs are going so high, he only has himself to blame.…





