Germany is a lot smaller than the U.S., but it has a lot more health insurers to choose from, and cheaper health-care costs. One reason might be more competition: in the U.S., you can’t buy individual health insurance from an out-of-state insurer, since an obsolete federal law lets states block purchases across state lines, taking away interstate-shopping rights that citizens would otherwise enjoy under the the Constitution’s Interstate Commerce Clause. That leaves patients with fewer choices, higher prices, and less competition among insurers, who may control as much as 80 percent of the market in a particular state. In Germany and France, by contrast, you can buy from an insurer anywhere in the country.
The so-called health-care “reform” bills backed by Obama actually worsen this situation, by extending the reach of this anti-consumer restriction on competition beyond individual health-insurance policies to many employer-based health-insurance policies. They do this by gutting the preemption provisions of a federal law known as ERISA.
When John McCain proposed cutting the cost of health insurance by letting Americans shop for cheaper insurance across state lines — the way they can buy almost any other product across state lines — he was bashed by the Obama campaign and Joe Biden.
Washington Post columnists explain how ObamaCare would make the status quo even worse in many other ways as well, while exploding health-care costs. ObamaCare will cost far more than its predicted trillion-dollar price tag. Charles Krauthammer explains how the cost-savings Obama keeps talking about are mythical and non-existent.
Fact checkers say Obama is lying about health care.
One of Obama’s own advisers says the Obama Administration’s health-care plan will harm people with insurance while raising their taxes. Obamacare will take away 5 important freedoms, notes a CNN commentary. It will also destroy many affordable health-care plans while breaking Obama’s campaign promises.
ObamaCare also contains costly racial preferences and affirmative action, subsidies for left-wing community organizers, and preferences for illegal aliens, who are exempt from its taxes and penalties, but could access its benefits due to lack of meaningful eligibility verification safeguards.
Obama is also reenforcing the corrupt political status quo that helped trigger the financial crisis and mortgage meltdown. He wants to create a new bureaucracy to increase the pressure on banks to make risky, low-income loans.