{"id":15041,"date":"2016-12-20T15:06:15","date_gmt":"2016-12-20T15:06:15","guid":{"rendered":"http:\/\/www.megalextoria.com\/wordpress\/?p=15041"},"modified":"2023-01-19T10:04:42","modified_gmt":"2023-01-19T15:04:42","slug":"obamacare-is-literally-killing-us","status":"publish","type":"post","link":"https:\/\/www.megalextoria.com\/wordpress\/index.php\/2016\/12\/20\/obamacare-is-literally-killing-us\/","title":{"rendered":"Obamacare Is Literally Killing Us"},"content":{"rendered":"

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Obamacare Is Literally Killing Us<\/h2>\n

The death rate increased 1.2% last year, and life expectancy fell<\/a> in 2015, the most recent year for which data is available. Female life expectancy dropped from 81.3 to 81.2 years, and male life expectancy fell from 76.5 to 76.3 years. As ABC News notes<\/a>, \u201cA decades-long trend of rising life expectancy in the U.S. could be ending: It declined last year and it is no better than it was four years ago.\u201d<\/p>\n

The core elements of Obamacare went into effect in 2014<\/a>. Americans\u2019 health has thus been deteriorating even as the provisions of the Affordable Care Act were supposed to be providing improvements.<\/p>\n

Americans’ health has been deteriorating even as the provisions of the Affordable Care Act were supposed to be providing improvements.<\/span>The Economic Policy Journal<\/em> predicted<\/a> in 2012 that \u201clife expectancy will decline under Obamacare.\u201d In 2009, the dean of Harvard Medical School, Jeffrey Flier<\/a>, predicted that Obamacare would cost lives by harming life-saving medical innovation. In 2013, two doctors wrote in the Wall Street Journal <\/em>that Obamacare is \u201cbad for your health<\/a>,\u201d and that it would eventually have a devastating<\/a> effect on medical innovation by driving down investment in medical devices.<\/p>\n

Supporters of Obamacare claimed its Medicaid expansion would save lives, but it does not appear to be helping. Despite its enormous cost of billions of dollars annually, expanding Medicaid does little to improve health outcomes for recipients. As Bloomberg News\u2019<\/em> Megan McArdle noted<\/a>, expanded Medicaid eligibility in Oregon had \u201cno impact on objective measures of health\u201d for recipients. Likewise, a study in the New England Journal of Medicine<\/em> noted<\/a> that \u201cMedicaid coverage generated no significant improvements in measured physical health outcomes in the first 2 years,\u201d even though \u201cit did increase use of healthcare services.\u201d<\/p>\n

Obamacare\u2019s expansion of Medicaid reduced employment<\/a> in the states that participated in it by a statistically significant extent (1.5% – 3%), according to a recent study<\/a> by Georgetown University\u2019s Tomas Wind. The substantial reduction in employment due to Obamacare\u2019s Medicaid expansion was not predicted<\/a> by the Congressional Budget Office, although the CBO did predict that other provisions of Obamacare would shrink employment. In February 2014, a Congressional Budget Office report estimated that<\/a> \u201cthe new healthcare law will cost the nation the equivalent of 2.5 million workers in the next decade.\u201d It will also increase the size of the national debt by hundreds of billions<\/a> of dollars.<\/p>\n

Obamacare tax credits contain even worse work disincentives than Obamacare\u2019s Medicaid expansion, for many older workers. For example, they effectively create a 35,618 percent marginal tax rate<\/a> for a hypothetical 62-year-old whose income rises by $22, by triggering the sudden loss of $7,836 in government tax credits. That leaves the worker more than $7,000 poorer for the sin of earning a few extra dollars. Real world examples of how Obamacare punishes hard work are found here<\/a>.<\/p>\n

Health insurance premiums will also increase significantly<\/a> next year, according to the Obama administration. Such premium increases contradict President Obama\u2019s claim before Obamacare was passed that Americans would save<\/a> $2,500 a year under it.<\/p>\n

This first appeared at the Competitive Enterprise Institute<\/a>.<\/em><\/p>\n


\nHans Bader
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Hans Bader is a senior attorney at the Competitive Enterprise Institute. He graduated from the University of Virginia with a B.A. in economics and history and later earned his J.D. from Harvard Law School. Before joining CEI, Bader was Senior Counsel at the Center for Individual Rights.<\/p>\n

This article was originally published on FEE.org. Read the original article<\/a>.<\/p>\n

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