And miles to go before I sleep,
Friday, February 7, 2014
An ObamaCare Report
Card
By
Christopher Conover, a
research scholar in the Center for Health Policy & Inequalities Research at
Duke University, an adjunct scholar at the American Enterprise Institute, and a
Mercatus Center-affiliated senior scholar.
The Weekly Standard, February 7, 2014
The woods are lovely, dark and deep,
But I have promises to keep,
And miles to go before I sleep,
And miles to go before I sleep,
And miles to ge before I sleep.
Robert Frost, (1874-1963), Stopping ny Woods on Snowy Evening (1923)
Is it not strange that desire should so many years outlive performance?
Shakespeare (1564-1616), King Henry IV
Listed below at the grades submitted by a senior scholar
working for a conservative think tank (the American Enterprise Institute) and
writing for a conservative magazine (The Weekly Standard).
Conover uses
three standards in grading Obama ObamaCare – 1) Promises vs Performance 2) Performance
compared to Predecessors 3) Outcomes, A word of cautionary skepticism: When judging how well ObamaCare has performed, consider the source of the judgment.
One, Promises vs.
Performance
1.
Universal coverage, F
2.
No new taxes on middle
class, F
3.
Annual savings for
family, F
4.
Bends cost curve
down, Incomplete
5.
You can keep your health
plan, F
6.
You can keep your doctor,
F
7.
No increase in deficit, F
8.
I’m not going to touch
Medicare, F
Overall midterm grade, F
Two, Peer Comparison to preceding Presidents
1.
Transparency, D
2.
Legitimacy of adherence
to statuary law, D
3.
Legitmacy of implementation
process, D-
4.
Quality of rules writing,
C-
Overall midterm grade, D
Three, Outcomes
1.
Increase in number of
people insured, F
2.
Health spending, B-
3.
Quality, C+
4.
Employment, C
5.
Federal budget deficit, A
I was particularly interested in his A rating for
the deficit. Here is Conoover explains the
A rating.
“Federal Budget Deficit. The
adverse impact of Obamacare on the federal budget deficit is in the future.
Because revenues were front-loaded and spending back-loaded, Obamacare had no
adverse effect on the federal budget deficit through 2013. When all federal tax
revenues are taken into account, Obamacare raised $58.3 billion
in its first four years. Because much of the additional spending was exactly
matched by spending reductions elsewhere (predominantly Medicare), the net
effect was to reduce the federal budget deficit by $45 billion
over this period. Thus, although its financing arguably is far more convoluted
and less transparent than it should be, the law in its early years at least was
honestly financed. Thus, the net cost to taxpayers was $13.3 billion or $43 per
capita.”
Net Assessment and
Outlook
And here is how Conover sums up his final grade:
“Here’s the bottom line: ObamaCare has failed miserably on nearly
every major promise made about it (Grade: F). The processes used to enact and
implement the law have been tarnished by actions of questionable legality and a
pervasive lack of transparency (Grade: D). On actual outcomes, Obamacare has
fared better in the short term (Grade: C+), but there are worrisome signs that
by most measures, the law’s performance will get significantly worse by the time
final grades are handed out.”
“I’ll admit, I’m a pretty tough grader. In this era of grade
inflation, some Americans may be inclined to be more generous. But after doing
this for nearly four decades, I think I’m a fairly good judge of health policy
work and its likelihood of success when put into practice. We’re only at
midterm, but I’d have to say the long-term outlook for Obamacare is very bad indeed.”
Tweet: Christopher Conover, a Duke University scholar, gives ObamaCare poor grades overall at midterm – Promises vs.
Performance F, implementation, legality,
and transparency, D, and outcomes C+.
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