Dec 15, 2015
ColoradoCare: Another One-Size-Fits-All Approach to Health Care
Post by Derek Yale
ObamaCare is failing in Colorado and progressives are pushing to replace it with a single-payer health-care system called ColoradoCare. Freedom Partners Senior Policy Advisor Nathan Nascimiento explains in a Wall Street Journal op-ed how a state takeover of health care would be disastrous for Colorado businesses and families.
Don’t Let ObamaCare’s Failures Snowball Into Single Payer
Like an avalanche, the Affordable Care Act has swept through the Rocky Mountain State, leaving a trail of destruction in its wake. At the end of 2013, 335,000 cancellation notices went out to customers whose plans were now deemed illegal by federal regulators. Nearly 200,000 cancellations for the same reason will come at the end of this year. As for Colorado HealthOP, the state’s co-op, which was the largest insurer on the ObamaCare exchange, it shut down in October, leaving more than 80,000 members without coverage. Huge premium increases loom for the remaining exchange plans: an average of 11.7%, according to the state’s calculation.
It shouldn’t be a surprise that many Coloradans want to abandon ObamaCare and replace it with something new. What’s worrying is that the state’s liberals and progressives have been mobilizing to replace it with a single-payer system, like the ones in Canada or the United Kingdom. On Nov. 9, after more than 100,000 voters had signed a petition in support of the idea, the secretary of state’s office announced that a single-payer proposal will appear on the 2016 ballot. “ColoradoCare,” as it is being called, would replace private insurance with health care funded completely by the government, substituting higher taxes for premiums…
…[T]he tax proposals and budgetary concerns [that would be faced by ColoradoCare] are remarkably similar to those faced by [the failed Vermont single-payer system]. The Denver Post reports that ColoradoCare would nearly double the state budget, and that backers estimate the legislature will need to levy a 10% payroll tax to fund it. This would undoubtedly harm job growth, wage growth and economic growth.
Equally concerning are patients’ difficulties with single payer where it already exists, such as the lengthy wait lists in Canada and England…
…With the Affordable Care Act crumbling, progressive activists are all but guaranteed to grab the opportunity that this single-payer ballot measure represents. But if Coloradans truly want better health care at a lower cost for more people, they shouldn’t vote for another one-size-fits-all government program. They should vote for proposals—and politicians—that will give patients more choices.