The Slow Economic Death from Obamacare

A good summary over at American Thinker:

Obamacare…  the road to hell is paved with good intentions. The first major bump in the road is the concept of essential benefits. According to the Obamacare website, “Ten essential health benefits must be offered at no dollar limits on every plan under the Affordable Care Act.” Much like having to buy every option for your new car even if you only want the basics.

The next bump concerns pre-existing conditions. “No more pre-existing conditions means you can’t be denied coverage, charged more, or denied treatment based on health status.”

The third bump is called guaranteed issue. “ObamaCare makes health insurance guaranteed issue meaning you can’t be denied health status, age, gender, or other factors.”These three features are hallmarks of Obamacare, allowing anyone and everyone to receive healthcare insurance, regardless of their health, age, or concurrent illnesses, and have coverage well beyond what that particular individual needs. Compassionate and fair? Sure. Economically realistic. No way.

Source: The Inconvenient Economics of Obamacare

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