Tuesday, December 18, 2012

States Give ObamaCare A Massive Vote Of No Confidence

Investor's Business Daily | 12/17/2012 | IBD Staff

Health Reform: If ObamaCare is such a great idea, why are so many governors — including several Democrats — refusing to play along? What do they know that the administration isn't telling the rest of us?
So far, not one part of ObamaCare has worked as planned. Almost immediately, the administration had to distribute huge numbers of waivers to companies because its initial rules would have forced them to drop their low-cost plans.
ObamaCare's high-risk pools promised to cover hundreds of thousands, but ended up attracting almost no one. The small-business tax break has been a complete bust. Insurance premiums are already spiking.
And now states are in open revolt against two key elements of the law.

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