Saturday, December 12, 2015

Don’t Let ObamaCare’s Failures Snowball Into Single Payer




"Like an avalanche, the Affordable Care Act has swept through the Rocky Mountain State, leaving a trail of destruction in its wake. At the end of 2013, 335,000 cancellation notices went out to customers whose plans were now deemed illegal by federal regulators. Nearly 200,000 cancellations for the same reason will come at the end of this year. As for Colorado HealthOP, the state’s co-op, which was the largest insurer on the ObamaCare exchange, it shut down in October, leaving more than 80,000 members without coverage. Huge premium increases loom for the remaining exchange plans: an average of 11.7%, according to the state’s calculation.

It shouldn’t be a surprise that many Coloradans want to abandon ObamaCare and replace it with something new. What’s worrying is that the state’s liberals and progressives have been mobilizing to replace it with a single-payer system, like the ones in Canada or the United Kingdom. On Nov. 9, after more than 100,000 voters had signed a petition in support of the idea, the secretary of state’s office announced that a single-payer proposal will appear on the 2016 ballot. “ColoradoCare,” as it is being called, would replace private insurance with health care funded completely by the government, substituting higher taxes for premiums."
[WSJ]

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