The myth of ‘free’ health care
In June, President Obama said, “[Insurance companies] are required to provide free preventive care like checkups and mammograms …” The law also subsidizes care for people who pay more than 8 percent of their income for health insurance.
But Obamacare isn’t “free.” The money must come from somewhere. Even if patients don’t pay for their health care directly, Americans face higher taxes to fund the facilities, doctors and services.
When consumers perceive health care to be “free,” they use more medical services and create an overwhelming demand for them – which will eventually exceed supply. Then government will be faced with a limited number of options: 1) ration health services, 2) increase the cost of your health care or 3) ignore the issue as patients’ access to health care is severely restricted.
We see these issues arise…
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