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The ObamaCare Fit Hits the Shan

September 11, 2010
Timothy H. Lee
9/9/2010

Health Insurance Costs and Spending Already Rising

In selling ObamaCare to a renitent nation just six months ago, proponents swore that it would restrain health spending and insurance costs.

To lubricate public acceptance, they even frontloaded the bill’s benefits so that the gain would arrive before the pain, making Republican efforts to repeal less popular. For example, the bill eliminated coverage limits, required coverage of “children” up to age 26 and prohibited copayments for preventive services. That sort of gimmickry explains why Nancy Pelosi felt confident enough to infamously announce, “We have to pass the bill so that you can find out what is in it.”

This week, two early and stinging correctives to ObamaCare’s unsustainable promises arrived.

And now… the rest of the story. …..

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