It's a terrible half-measure and will end up failing...
Eventually we'll be forced to go to socialized medicine with supplemental private insurance like most European countries. Obamacare will just kill small business and many unemployed who still can't afford healthcare and food at the same time...Small businesses are the ones who create employment, and frankly, I'd support single-payer for that reason alone. Hopefully doctors will balk and stop accepting Medicare and the like, forcing us to go to socialized medicine.
Of course there will be no way to do that until there is also reform of higher education - doctors' salaries are a huge part of health care costs, and those salaries are justified because of the terrible student loan burden, this has to be fixed at the same time. Ie., at least medical school needs to be Federalized.
Sorry, I know it's radical and lefty, but it will happen eventually...The free market works in many areas, but not in health care. It will collapse of its own accord eventually, Obamacare will do nothing to contain costs or help many uninsured. It will become clear that the long-term effects of such a terrible health care system are horrible for the US economy because of the unproductive allocation of capital to this sector to maintain it, the burden of the uninsured on the health care system and declining life-expectencies (which means fewer productive work years). Then things will really change.
Nothing to be sorry for. You are right. The free market does not work in health care. Costs will go up forever or until the entire system collapses because people will pay anything for heath (especially for their children). And yes the "terrible student loan burden" for medical students (for everyone for that matter) needs to be alleviated -- possibly something along the lines of "if you can't get into medical school, it will be paid for, but do it to help your fellow citizens because you're going to get 'only' make a comfortable living."
Yes, lots to be done going forward. But I'm an optimist on the future of this country. This really is a "new dawn in America." The big battle is over. Now it's time to fight the nasty little skirmishes against the rear guard to make it work and finally put an end to this foolish war.
Edited by diogenes227, 28 June 2012 - 10:39 AM.