Obamacare Architect: “Insurance Companies As We Know Them Are About To Die”

Freedom Outpost

Suzanne Hamner

When Obamacare was passed, many individuals in the conservative circles made predictions about the effect this legislation would have regarding the health care insurance industry, health care providers and acquisition of health care itself. At the time, those pointing out the failures of Obamacare were ostracized, called “doomsayers,” and outright liars. But, as time has gone by, these predictions have been seen and continue to be exposed and felt across the country. Stories of drastically increased health care insurance premiums, policy cancellations and pure unaffordability of premiums along with services that were previously covered now not covered have made headline news. These stories were so frequent and horrid that Harry Reid (D-NV) called everyone who had an Obamacare horror story a liar in an attempt to “cover” the Democratic bumble in its passage.

As it turns out, one of the architects of Obamacare, Ezekiel Emanuel, has just disclosed that “insurance companies as we know them are about to die.” In fact, Emanuel predicts the end of health care insurance companies by 2020. I wonder if Harry Reid would like to take to the stage and call anyone who said this years ago a liar now.

In an op-ed featured on New Republic,Emanuel stated, “The good news is you won’t have insurance companies to kick around much longer. The system is changing. As a result, insurance companies as they are now will be going away. Indeed, they are already evolving. For the next few years, insurance companies will both continue to provide services to employers, and, increasingly, compete against each other in the health insurance exchanges.”

Emanuel, in his op-ed, stated that individuals blame the insurance companies for increased premiums, denial of insurance, or denial of high-priced drugs because they are the easy target. He stated that individuals do not place the blame accordingly: underlying hospitals or physicians who charge high prices and pharmaceutical companies who set the prices for drugs. Seeing this “misplacement” of blame, politicians seize on this position and gain support when they attack the health care insurance companies. But, Emanuel claimed the actions of the insurance companies are the result of the way our health care system is structured: “how it incentivizes and forces certain behaviors.”

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Reposted with permission