Happy Birthday, Obamacare? What it Really Means for Consumers
Today marks the one-year anniversary of Obamacare. While advocates spend the week highlighting the new law’s effects on different groups of Americans, we are doing the same. A review of the facts on the ground and the conclusions of Heritage research over the past year reveals the far-reaching negative consequences.
Today, the focus is on the “consumer protections” included in Obamacare. To be sure, some Americans will benefit from these changes, but, as Heritage analyst Brian Blase explains, the overall result is that:
“Obamacare has increased government control of Americans’ health care choices, raised the cost of insurance, forced insurers to stop offering child-only policies, broken the promise that an individual can keep his insurance unaltered, and bailed out underfunded union early-retiree health care plans. The early results suggest that Obamacare’s ‘benefits’ are not worth their costs.”