The Big Picture

They were discussing Obamacare this morning on talk radio and whether or not people were aware of or in denial about any cost effect coming their way. And this has been one of the most predictable results since O'care was conceived. Forget all this crap about saving that would accrue because of preventative care or steering people away from the emergency room. It's really so simple.

First, envision the system we used to have. X number of total dollars were spent insuring some 85% of Americans. Those 85% were reasonably happy with their coverage, cost and doctor. Keeping with the basic concept of insurance, you could not insure yourself against illnesses you already had. The president and Democrats like to refer to this as an "abhorrent practice" of the insurance industry, but it's just a basic tenet of insurance. You can't insure against a car wreck after you've had it and you can't buy a homeowners policy once your house is on fire.

Now, without regard to where the money is coming from or from whom it is coming, imagine that you are going to cover the other 15% (40 million people), prohibit preexisting condition exclusions, and increase the coverage to certain minimums for everybody. Now tell me with a straight face, that you think that all probably adds up to a savings of $2,500 per family, per year. Go ahead.