Monday marks the start of the Supreme Court’s three-day review of the controversial Affordable Care Act. If the Court deems the Act constitutional, it is likely that the Act is here to stay, in spite of the lamentations of Republican presidential candidates. However, constitutionality and effectiveness are not one and the same. The question still lingers: Will Obamacare work?
If the goal of Obamacare was to simply provide such individuals with health insurance, then it would obviously achieve this goal. However, I believe the goal was to provide such people with “reliable” health insurance. If this is the case, then it is less certain that Obamacare can achieve it. In fact, under the system of regulations installed by Obamacare, people with preexisting conditions will receive intentionally undermined and misleading health insurance that is far from what President Obama envisioned.
Thanks to the Cato Institute event: Obamacare in the Supreme Court. (A video of the event will be uploaded to the link soon.)