Obamacare’s trail of destruction

ObamaCare and the Election

The GOP needs to raise the health-care stakes in 2010, and beyond.

…the plan's march to the sea is only beginning and the trail of destruction will grow. The last six months have seen 2011 premium increases as high as 9% due to ObamaCare; multibillion-dollar corporate writedowns by Verizon, AT&T, Caterpillar and others; disruption in the insurance markets leading to the erasure of child-only policies and other types of specialty coverage as shown in the McDonald's imbroglio; the Administration beginning to impose price controls on premiums; insurers withdrawing private options from Medicare Advantage; and Democratic protection of a 1099 tax reporting mandate that will slam small businesses.