Matt Lauer May Face a Salary Cut If He Can't Pull His Ratings Out of Free-Fall | Main | Flashback: In 2008, Obama Discovered The Amazing Fact That The Mount Rushmore Shootout in North By Northwest Was Not, In Fact, Filmed on Mount Rushmore
September 25, 2012

Shocker: Health Insurance Premiums Rose 9.5% in 2011, 4.5% This Year (So Far); Will Spike Even Higher in 2014

Links at Instapundit.

Remember, a central promise Obama made was that his "reforms" would "bend the cost curve downward" and reduce rates.

As rates go up, he's fast to tell people "Yes, but your health care is now more comprehensive, thanks to me, thanks to ObamaCare insisting that all policies pay for these extras."

But bear in mind one of the reasons he claims insurance is so expensive is over-utilization. People getting unnecessary tests. Limb-hunting doctors performing unnecessary amputations.

Over-utilization is something that happens when a good or service is free, as the usual discipline that cost imposes is removed.

He's removed the discipline of cost from a large number of transactions. For example, once upon a time in America, women (and men) used to go to Wal*Mart and pay $6 for their month's supply of contraception.

Not any longer. Now it's all free.

And that same principle applies to all of the mandates he's imposed on insurance.

How is making everything free supposed to reduce over-utilization?

No one knows.

No one in the media asks.

Oh, there is of course one "bend the curve" reform in ObamaCare: rationing by bureaucrats, who will decide if you have enough Useful Years left on your ticker to justify necessary operations.

But he doesn't want to talk about that one. And neither does the Palace Guard Media.



digg this
posted by Ace at 04:51 PM

| Access Comments




Recent Comments
Bitter Clinger and All That (Back from the Dead): "Any one pops up next to me in a mask is going to g ..."

filbert: "[i]The Revolution will not have table manners! Po ..."

rickb223 [/s][/b][/i][/u]: "If we're going to have a pi fight, can we at least ..."

ScoggDog: "[i]Sorry CBD. My excuse is, I have the flu and am ..."

Axeman: "The Revolution will not have table manners! ..."

torabora: "So Tom Steyer is going to use his billion$$$$ to a ..."

Tami[/i][/b][/s][/u]: "44 Still can't believe the great state of Indiana ..."

Grump928(C): "I'm of an age where I expected, and was expected, ..."

Pajama Boy: "Two. I did [i]two[/i] pushups. Now for that pi. ..."

grammie winger -The Cubs Suck Again: "When we have an obvious troll, please don't copy i ..."

J.J. Sefton: " 206 *After 30 seconds of gunfire* I changed m ..."

filbert: "If we're going to have a pi fight, can we at least ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64