Millions of employers and health insurance policyholders will collectively receive $1.3 billion in rebates this year, as part of President Obama’s healthcare reform law, a research group reported Thursday. As the constitutionality of ObamaCare remains under contention, the White House and Democrats in Congress are touting the rebate scheme as an indication that the law is giving back to American consumers.
Think ObamaCare, with its thousands of pages of rules and regulations governing every aspect of American life, is revolutionary? Think again, says the Los Angeles Times. When it comes to healthcare, writes Noam N. Levey, former Massachusetts Gov. Mitt Romney “has embraced a strategy that in crucial ways is more revolutionary — and potentially more disruptive — than the law Obama signed two years ago.”
“I think the Affordable Care Act is the single least popular piece of major domestic legislation in the last 70 years. It was not popular when it passed; it’s less popular now. I think the worst thing that could happen to Barack Obama’s reelection campaign would be if he had to spend four months this fall explaining what ObamaCare 2 would look like.”
Passing ObamaCare was a “mistake,” retiring Rep. Barney Frank (D-Mass.) told New York magazine in the course of a wide-ranging interview. President Barack Obama, apparently believing his own campaign hype — an easy thing to do given the adulation heaped upon him by the mainstream media — thought he had a public mandate to enact an overhaul of the healthcare system.