Obamacare strikes again

Let me start by saying that I have been studying a topic I do not care for for the last 3 days so if this is ranty, I apologize.

During my break I read this article. Boeing states that they will have to charge their employees more just to meet the requirements in the new health care law. This is what drives me up a wall. Washington acts as if they are trying to help the poor, when they are the exact class that is being punished with these foolish laws passed by a congress too incompetent to know what is doing and signed by a President who has lost touch with reality. Boeing had to cut the health care because it would be subject to the "cadillac tax" provision in Obamacare. Basically, this means that Boeing's health insurance was too good so it would be taxes at a higher rate. Think about this. Obamacare was passed as trying to give more people access to better health care but it is having an opposite effect.

Why is this happening? Follow the incentives. There are no incentives other than an unfunded mandate to each individual to purchase a health care plan to get health care. The reverse, however is the far more troubling analysis. Under Obamacare companies are disincentivized from providing health care to children and employers are disincentivized from providing good health insurance to their employees because of the cadillac tax. So what do we see? We see the goal of the law failing because the incentives of the law operate in the opposite direction. We see people paying more for worse health insurance because that is what the government has incentivized.

The practical reality is that congress needs to understand that incentives matter. While almost all congresses have ignored incentives, this congress seems more ignorant than others. They start off by paying businesses to take risks and then acting surprised when those risks are taken. They then disincentivize children's insurance only to be stunned when children are refused coverage. Then, they disincentivize good health care plans for employees only to be flabbergasted when that occurs as well. The truth is that they know what they are doing. Obamacare is a step towards getting to the real goal, single payer health care. Time will tell if this works or not but in the mean time the poor and middle class will suffer.

The rich can still afford the better insurance it is only the little guy who this plan hurts. It is only the ones that they claim to help. I think the little guy can do just fine on their own without this kind of "help" from Washington.