The Supreme Court Cannot Rewrite Obamacare’s Economic Consequences

By Wayne Winegarden – Obamacare increases government regulations, increases taxes, and increases spending, but it never addresses the central problems with the current health care system. That is, it neither improves health outcomes nor controls skyrocketing health care costs.

Medical costs have been growing at an unsustainable pace for far too long: over the past 20 years, overall consumer prices have risen a bit over 60 percent based on the Consumer Price Index. Prices for medical care grew nearly twice as much – 111 percent.

Obamacare’s fundamental flaw is its inability to “bend this cost curve” because it does not alter the incentives driving health care inflation. more>


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