The manifestation of the ObamaCare "train wreck" foretold by Sen. Max Baucus (a Democrat sponsor of the legislation) is coming true. This week, Walgreens became the 17th large employer to announce that they will drop health care benefit plans for their workers and dump them into the government exchanges. Those workers won't get to keep their insurance either.
Even, the Democrat loyalist labor unions are up in arms having apparently finally realized what is mandated by ObamaCare. In an ironic twist befitting of the ObamaCare saga, Big Labor is now imploring the White House to be exempted from provisions of a law they helped get passed.
Daily there is more ominous bad news about the impacts of ObamaCare. The Los Angeles Times reported this week about reductions in access to doctors and hospitals because of the new "reforms." Below are the opening lines, click here for the entire article:
The doctor can't see you now.
To hold down premiums, major insurers in California have sharply limited the number of doctors and hospitals available to patients in the state's new health insurance market opening Oct. 1.
The health care nirvana promised by Barack Obama and his surrogates wasn't some futuristic fantasy straight out of John Lennon's "Imagine" lyrics – this was all supposed to happen instantly. "We won't do all this twenty years from now, or ten years from now," he said. "We'll do it by the end of my first term as President of the United States."
The truth is that this was never about health care in the first place; it was about power and government controlling a massive amount of our economy and our personal lives. And, the health care industry is an even bigger part of the total economy than when Obama started making his original pitch for control.
Veronique de Rugy of the Mercatus Center and George Mason University reports that spending on health care now accounts for 17.7% of total GDP in the United States, far surpassing all other OECD nations (Organization for Economic Co-operation and Development).
Additionally, de Rugy explains that on a per capita basis when adjusted for purchasing power parity, Americans spend 2.5 times the average citizen in the other OECD nation, and 50 percent more than even the two next closest countries, Norway and Switzerland. Note that this is 2011 OECD data, the most recent available. The disparity can only worsen once the full effect of ObamaCare kicks in.
As de Rugy's charts demonstrate, these escalating trends have been ongoing for decades. That something needed to be done relative to public policy has been apparent for a long time. The perplexing part is that we are now stuck with a "more government" solution from a government that has failed to demonstrate the ability to manage anything efficiently or effectively. This new health care law is going to hurt.