Andrew Langer

As the President scrambles to delay implementation of Obamacare, while at the same time trying to prevent Republicans from legislating his executive branch goals, opponents of Obamacare are missing a key point: it’s not that Obamacare leads to socialism, it’s that it is, fundamentally, a scam! Yes, a scam, as in, a dishonest scheme. A fraud.

Obamacare, by not only destroying the private insurance marketplace over the long-term, but by also leading to the destruction of free-market medical care, may very well lead to government-run or “socialized” medicine. But, as horrible as that prospect is, it is not the message that is most effective for either delaying the implementation of the law, or in its repeal.

Fundamentally, Obamacare was supposed to do one thing: it was promised as the Democrats’ solution for providing health CARE to millions of Americans who apparently did not have it. But it was premised on a lie: Obamacare doesn’t provide “care” to anyone. It provides insurance. And “insurance” is not “health care” (technically, it’s not even “insurance”—something you invest in to hedge against some future catastrophe).

Health insurance in America is essentially a “cost-sharing subscription service”, a piece of paper that says that you (or someone else) is paying for your potential access to a group of health care providers, and the costs are spread out over thousands of subscribers. But the legitimacy of that piece of paper is predicated on both someone accepting that piece of paper—and medical providers are no longer accepting that particular piece of paper, or the providers that do, can no longer accept more patients, then that piece of paper is worthless. I could hand everyone in America a piece of paper that says they have full coverage under “Andrew Langer’s Health Insurance, Co.” and it would be meaningless since I have no ability to actually deliver health care to people.

This is the scam. Obamacare does not, and cannot work. Not only does it not address the fundamental issues driving both costs and access to health care, it actually exacerbates the underlying factors, leading to an acceleration in the decline of the health care industry in America.

So while the media focuses on the increase in health insurance premiums, which was expected as the industry attempted to ameliorate risk in the near term before their industry is eviscerated over the long term, they are missing the bigger picture, which is too bad because it is a story even the most economically-ignorant journalist can grasp.

Andrew Langer

Andrew Langer is President of the Institute for Liberty, an organization that works to ensure that America stays both exceptional and strong.