As America looks forward to the rollout of National Romneycare, how has it gone in the state that pioneered it? The Christian Science Monitor took a closer look:
“The bill imposed new costs both on the federal government and on people who had insurance policies in Massachusetts, and we found that the cost of private health insurance had gone up because of Romneycare,” [a conservative economist] says. This could be interpreted as having the same effect as a tax increase, which he says has a negative impact on job growth.
Still, according to Beacon’s Hill’s state competitiveness report on March 6, Massachusetts is the top state in the country for economic growth and income.
But what about the costs? Surely those high premiums in Massachusetts make this unaffordable on a national level!
Massachusetts health care is also often criticized for being too expensive: The premiums are higher than anywhere else in the country.
[Harvard professor] McDonough argues that although those figures are correct, they don’t give the full picture. “You get a revealing portrait when you look at it based on ability to pay,” he says. Massachusetts premiums are higher, but so is household income – and when measured as a percentage of income, health insurance is cheaper in Massachusetts than in Texas, which has the highest share of uninsured residents in the nation.
(emphasis added in both quotes)
Conclusion: we can expect affordable health care that doesn’t show significant impact on economic growth. Truly, we must repeal Obamacare and prevent this national nightmare.
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