Magazine April 19, 2010, Issue

You Think It’s Pricey Now?

Former President Barack Obama speaks during a rally for his health insurance reform initiatives at the Target Center in Minneapolis, Minn., September 12, 2009. (Jonathan Ernst/Reuters)
Under Obamacare, insurance premiums will rise even faster than the deficit

From the moment Democrats introduced health-care legislation last year, Republicans focused on the adverse impact it would have on the federal debt.  But what is remarkable about the Patient Protection and Affordable Care Act is that its effect on the debt is not even its worst feature. That distinction goes to its devastating consequences for the cost of health insurance.

Consider the numbers: Based on the gimmick-free assessment of former Congressional Budget Office director Douglas Holtz-Eakin, from 2010 to 2019 the act will increase the debt by $562 billion — almost $5,000 per household. Not great news, to be sure. But

Avik RoyMr. Roy, the president of the Foundation for Research on Equal Opportunity, is a former policy adviser to Mitt Romney, Rick Perry, and Marco Rubio.

In This Issue

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Features

Books, Arts & Manners

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Letters

Letters

Finding Hassett’s premise unsatisfactory regarding racial differences in layoff rates.
The Week

The Week

During the eight years of George W. Bush, we heard constantly that dissent is the highest form of patriotism.

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