One of the best lines used against Romney was “Obamanycare,” It captures the essence of what is wrong with Mitt. He is a liberal at heart, believes in Paternalism and is an empty suit.
Now we have confirmation that Romneycare was instrumental in the formulation for Obamacare.
Taken together, Massachusetts’s experience under the 2006 reform initiative, which became the template for the structure of the Affordable Care Act, highlights the potential gains and the challenges the nation now faces under federal health reform.
The rest of the study is interesting though. They basically confirm that people are using more health care, which is expected. When it comes to affordability they say this:
Consistent with that expectation, there have been gains in the affordability of care for adults since 2006, as evident in a lower burden from out-of-pocket health care spending (excluding premiums) and less unmet need for care because of cost (Exhibit 4; additional measures in Appendix Exhibit 4; simple [unadjusted] estimates in Appendix Exhibit 8).9
Why are they excluding premiums? Maybe because premiums have risen more rapidly in Masachusetts than anywhere else in the country?
As highlighted in Figure 1, in the absence of policy change, health care spending in Massachusetts is projected to nearly double to $123 billion in 2020, increasing 8 percent faster than the state’s gross domestic product (GDP).
Take out most expensive portion and of course it’s “affordable.” Hell if you don’t count all the beer I drink, I never drink alcohol either! Only Academics and Politicians think that is good policy (see how they measure CPI).
January 19, 2012
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers was unchanged in December, as it was in November. The index for all items less food and energy rose 0.1 percent in December after increasing 0.2 percent in November.
All in all, Romneycare is a disaster. The economics are wrong. I’m not even going to get into the Mandate, which was also used for Obamacare. Obamanycare is a great word to use to describe MassCare. It needs to be hung around Romney’s neck. Thankfully Newt is doing just that.
h/t: James Pethokoukis <—Read his story. It’s much better written than mine.