Writing in this morning’s Washington Post, Wisconsin governor Scott Walker has a must-read op-ed outlining how Obamacare’s poor policy prescriptions will harm his state. Among the bad side effects of the law:
- 100,000 people will be dropped by their employer-sponsored health insurance;
- 59 percent of people who buy their own health insurance will experience an average premium increase of 31 percent;
- 150,000 people will stop buying health insurance in the private sector and will instead become dependent on the government and taxpayers; and
- Between 2014 and 2019, Obamacare could cost Wisconsin taxpayers $1.12 billion; after all federal aid and tax credits are applied, the state’s portion of the bill will be $433 million.
These aren’t conclusions reached by Walker himself – they are among the conclusions of an actuarial analysis conducted in part by Jonathan Gruber, who served as a paid consultant to HHS in developing the Obamacare law. And the fact that even supporters of Obamacare admit the law will raise both insurance premiums and dependence on government programs is as strong an argument as any for the measure’s repeal.