The Obamacare Election

As the fractious 2012 presidential campaign careens down to a photo finish, no issue presents a starker contrast between the two candidates than health-care reform. President Obama is committed to implementing his elaborate reform of health-care markets by creating state exchanges, extending Medicaid coverage to some 25 million new enrollees, retaining the current reimbursement system for Medicare, and implementing an individual mandate.

Former Governor Romney seeks to repeal and replace Obamacare. On Medicare, Romney proposes a “premium support” or voucher system that would offer an alternative method of financial support to senior citizens and is calibrated to offer the largest subsidies to the most needy persons.

In assessing these two programs, a recent New York Times editorial minces no words in its denunciation of Romney’s proposals. The Times argues that Romney’s undeveloped proposals will not grant sufficient coverage both to those who are currently uninsured and current Medicare recipients.

But the Times does nothing to protect its own flanks, as I explain further in my weekly column for Hoover’s Defining Ideas.

  1. Spin

    You said doubling down!

  2. DocJay

    Obamacare is designed to look sexy, hand control to the government of our largest industry, and then  fail.   The inevitable failure is to be filled with socialism.

    There are numerous conservatives that have replacement outlines and some specifics.   A daunting task.   Massachusetts is losing money and docs are headed for pay cuts.  

  3. Ross C

    Especially with regard to the cap on administrative costs, it appears to me that this law pushes the insurers into the role of quasi-utilities.

    I can sympathize with the administration with regard to their goal of limiting administrative costs, but I know the law of unintended consequences will prevail here.  Refusing to pay for costs is not the same as reducing costs.

    Do we really want the insurers to be like the cable company?  You need to be here between 10 and 4 for your exam?

    Off the subject, one thing I do not hear addressed is the supply side.  I believe that the organizations that operate the medical schools and their allies operate as a cartel and are unnecessarily restrictive in admissions.

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