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3/28/2012

A prediction on how to determine who is right about Obamacare reducing premiums

If Obamacare is currently lowering health insurance premiums, striking down the law will quickly raise rates.  If Obamacare is raising premiums, prices will fall when it is struck down.

From The Hill newspaper:

Democratic strategist James Carville said on CNN that the prospect of the healthcare law being overturned might be the best political outcome for Democrats and Obama. “I honestly believe — this is not spin — I think that this will be the best thing to ever happen to the Democratic Party, because healthcare costs will escalate unbelievably … the Republican Party will own the healthcare system for the foreseeable future.” Unbelievably cynical. But Senate Majority Leader Harry Reid (D-Nev.) made the same point almost immediately. . . .

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