New Cato Report Details the Failings of the Affordable Care Act
MacIver News Service | January 27, 2014[Washington, D.C.] Obamacare’s problems go well beyond a marginally functional website as the law’s critics point to far more devastating, yet less visible, defects in the law.
Michael Tanner, Senior Fellow with the Cato Institute, released a report on Monday that details the Affordable Care Act (ACA) and its shortcomings.
“In short, the more we have learned about ACA, the more it looks like its critics were right. The law’s problems go far beyond a failed website,” Tanner wrote in the report. “By imposing a bureaucratic, centralized, top-down approach to health care reform, Obamacare has created far more problems than it solved.”
His analysis of the ACA is based on three promises made by the Obama administration when they were trying to pass the law. Obamacare was supposed to provide health insurance to all Americans, lower costs for those purchasing insurance, and increase the quality of health care.
Based on these three promises, Tanner calls the law a “colossal failure.” Millions of people have lost their insurance under Obamacare, health insurance premiums are skyrocketing in most states, and even if you like your doctor, you might not be able to keep your doctor.
The full report is available here.