Friday, June 11, 2010

So basically Obamacare sucks?

What you're really saying, is that all of those critics - including myself - were right when they said that Obamacare's cost-cutting assumptions were flawed and based on predictions that would never, ever come true.

The doc fix is one of the most disgusting of all Washington phenomenons and yet so very predictable. Put in place a cost-cutting mechanism, then, when it's about to gore somebody's ox, in this case the doctors, immediately take a mulligan and pay the money anyway! It's a beautiful thing!

And, since the based Obamacare on the same type of flawed assumptions that Congress can overturn without requiring any sort of spending offsets elsewhere (or God forbid a revenue gain) or a super-majority to pass, we'll NEVER see any sort of the cost-containment "feature" of this mythical bill. Those of you who believed the CBO estimates on this were morons - they only provided political cover to pass the greatest expansion of government since LBJ. If these cost containment features are allowed to hold, the doctors will flee Medicare in droves - which wouldn't be an entirely bad outcome - we'd return to fee for service and people, even Granny, would start taking an interest in the cost of their own care.

Ladies and Gentlemen, I give you Obamacare! Hope everyone is happy!
in reference to: Editorial - The Doctor Payment Follies - NYTimes.com (view on Google Sidewiki)

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