The Coming Government Price Controls Under ObamaCare
The Identicalness of RomneyCare and ObamaCare
History Shows Congressional Cost Controls Won't Work (ObamaCare Included)
ObamaCare & Price Controls
The Obama Administration has begun what they call "rate reviews" to force insurers to "justify" their rate increases. As Sally Pipes notes, the method of the government would more appropriately be called "price controls." Government price controls inevitably fail to achieve their objective and, in fact, have the opposite effect on the market. Price controls create shortages (regardless of the product) as fewer sellers are willing to produce and/or make the goods to meet demand. Government has tried to impose price controls on housing (rent control) which skews the market and reduces incentives for more housing, in energy (think Carter in the 1970s) and America had gas lines and shortages. Health care is next if ObamaCare continues without repeal.
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- The Future of Health Care Innovation
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- Just in Time for the Election, HHS Releases ObamaCare Propaganda
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