Happy Anniversary

Two years have passed since the passage of President Obama's landmark health insurance reform.

I think most people would agree it is time for a report card.

Before passage in March 2010, Obama promised:

Hearings on the law would be broadcast on C-SPAN, I do not believe there were any.

Bi-partisan committees, yet Republicans were virtually locked out of closed door meetings.

We would all embrace it - did you get that impression from the town hall meetings?

We would see lower premiums - industry people are telling me premiums are rising 25% to 40%.

America's dissatisfaction with ObamaCare continues to grow and the Supreme Court will be taking up the issue of the individual mandate very soon. More than 20 states have filed suit against the federal government to rescind ObamaCare, an unprecedented action in U. S. history. Burdens placed on states to implement health insurance exchanges will bust budgets so most states have done nothing to establish the exchanges.

The Obama Administration continues to deny medical loss ratio (MLR) exemptions for states where companies are threatening to leave the market, thus nullifying the promised increase in competition; meanwhile many exemptions have been granted for special groups, notably unions.

Former Democratic presidential candidate Howard Dean predicted that as many as one-third of the nation's small businesses will dump their employees onto the exchanges. He quoted from a McKinsey study that concludes most small businesses are not going to be involved with health insurance anymore once this all takes effect.

This law, when fully implemented in 2014, will cause states to be overwhelmed by the glut of people thrust onto their exchanges. The amount of subsidization and sheer size of this all-encompassing law will turn what was once a health insurance system in need of some tweaking into a crippled and mangled mess, leaving the states and the economy on life support.

If the health care system needed some fixing two years ago, President Obama himself could not have predicted any better the situation our nation will face if the law survives the Supreme Court review and goes into full effect. He said: "If all we are doing is adding more people to a broken system then costs will continue to skyrocket , and eventually somebody is going to be bankrupt, whether it is the federal government, state governments, businesses or individual families."

I could not have said it better myself!

Happy Anniversary, America