Not surprising. I know a number of people in the medical field, mostly on the logistics side who are up in arms over Obamacare. Nobody knows what all the coding is. The codes coming in are all wrong. There are too many codes. Doctors aren’t being compensated correctly. Patients are confused as to who is paying for what. And I live where people are relatively savvy as to healthcare issues. I’m just down the road from a large medical school. I can only imagine what it’s like in other parts of the country.
In the attached article Glenn Reynolds examines the new, increasingly stratified America.
We’ve been saying this for 2 years. Now even the people who worked for Obama are admitting that Obamacare is a crony capitalist jack.
This is a move against Canadian pharmacies (primarily) which offer high quality drugs for sale at much lower prices than what is found in the USA.
One of the things I like about Barney Frank (and there aren’t that many things) is his occasional bluntness.
For instance -
The National Review’s Jonah Goldberg argues that what is called the American “Left” will never really fight crony capitalism. That what the progressives actually want is not the separation of business and the state but business which will do as it is told. Business as junior partner to the government. A lapdog.
Is he right?
Obamacare is truly one of the most amazing pieces of law the world has ever seen. It is the administrative state out of control. It is hubris on an industrial scale. It is an Utopian fantasy constructed in a hurry so that the Republicans couldn’t stop it. It is crony capitalism. It has probably already entered an insurance death spiral.
Earlier today the DC Circuit Court ruled that those who buy health insurance through the federal healthcare exchange (Healthcare.gov) are not eligible for offsetting subsidies. The ruling came careening out of nowhere and it hammers the Obamacare law.
The American Medical Association claims to represent doctors. But it is very much part of the crony coalition which put together the broad outlines of Obamacare in meetings inside the White House. In return for going along with the government, the association receives most of its funding from a medical coding monopoly granted and protected by the Department of Health and Human Services.
It’s offered by The Institute for Healthcare Improvement.