Linda Gorman’s Commentaries

ObamaCare is a success — at sucking vast sums of money from the private sector

ObamaCare is a success — at sucking vast sums of money from the private sector

In Washington, the healthcare debate isn’t about rescuing the people in the individual insurance market from ObamaCare’s high premiums and poor coverage. Nor is it about improving patient welfare, or reducing medical costs. It’s about using the “coverage for all” mantra to suck huge sums of money out of the private sector with ObamaCare taxes, premiums, and regulations.

read more
Gorman at Forbes: Risk Pools Work Better Than Obamacare

Gorman at Forbes: Risk Pools Work Better Than Obamacare

Risk pools were not perfect. But they worked much better than the individual market today. Prior to Obamacare, for example, premiums tended to be less than half of current ones, networks were large, and carriers offered such a variety of policies that there was something available to fit most family budgets.

read more