The travesty that is Obamacare continues to bear its ugly fruit. Aside from its most grave and immediate consequence - small to mid size businesses not expanding due to its higher labor costs imposed, other immediately less noticeable but nevertheless significant consequences like private doctor owned hospitals being scrapped, catholic hospitals closing down, medicine as a profession becoming far less attractive, and health insurance premiums skyrocketing are all taking their toll on the U.S. economy.
Now comes two new (and outrageous) developments that will surely pile on the future increases of medical insurance premiums.
First, as you may have already heard, Secretary Sebelius announced that, starting in 2013, birth control (as well as breast feeding) will be covered at no cost under insurance. Not only will the birth control pills (or other methods like IUDs) be covered 100% but also the rather expensive morning after pill. That means no deductibles, nothing. Welcome to the age of pregnancy being considered a treatable disease.
I leave it up to my readers' common sense to figure out what that alone will do to cost of insurance, not to mention promiscuity among teenagers.
Second, a provision of Obamacare in the form of a Medicare windfall is about to benefit Massachusetts hospitals to the tune of $275 million a year at the cost of hospitals in other states.
There it is...Obamacare in all its socialistic glory - benefiting the leaches of the society at the cost of the productive half.