Commentary Magazine


Topic: health-care insurance

LIVE BLOG: Obama Says We Need to Do Something About Costs

Well, yes, we do. He touts the benefits of health-care-purchasing exchanges. But here’s the thing: he’s taxing health-care plans and he’s setting expensive new mandates on insurance plans. That pushes up the cost of plans people will be purchasing. Alexander says the CBO says Obama’s plan will increase costs. Obama says Alexander doesn’t have his facts straight, but he does. Obama argues that in the future the insurance will be better than the “bad” insurance they have now, so of course it may cost more. Got that? This, of course, is Alexander’s point: Obama is setting a new standard for health-care insurance, which will make the plans businesses are forced to offer and the plans individuals must buy more expensive.

Well, yes, we do. He touts the benefits of health-care-purchasing exchanges. But here’s the thing: he’s taxing health-care plans and he’s setting expensive new mandates on insurance plans. That pushes up the cost of plans people will be purchasing. Alexander says the CBO says Obama’s plan will increase costs. Obama says Alexander doesn’t have his facts straight, but he does. Obama argues that in the future the insurance will be better than the “bad” insurance they have now, so of course it may cost more. Got that? This, of course, is Alexander’s point: Obama is setting a new standard for health-care insurance, which will make the plans businesses are forced to offer and the plans individuals must buy more expensive.

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