Four myths we need to overcome if we are to replace Obamacare

by Ryan Streeter on June 29, 2012. Follow Ryan on Twitter.

In the wake of the SCOTUS Obamacare decision, this article at The American by Cliff Asness is worth a read.

He takes on four myths we need to confront if we’ll succeed at reforming our health care sector (with some summary quotes in parentheses):

Myth #1 – Healthcare prices have soared in the recent past. (“Everyone knows that healthcare prices have soared, but everyone may well be wrong. The statistics we see are always about the amount we spend on healthcare, not the price of healthcare.”)

Myth #2 – The pre-ObamaCare system was ‘insurance.’ (“What we had was a government-subsidized payment plan funneled through insurance companies.”)

Myth #3 – Stopping insurance companies from charging based on pre-existing conditions is the one good part of ObamaCare. (“Even many Republicans fall for this one, perhaps because it polls well. In these days of horrible discord, partisanship, and uncivil discourse (actually very much like the other 200+ years of the Republic) it is nice to know we can all still get together to rally around a really dumb idea.”)

Myth #4 – Healthcare costs are very high in the United States compared to socialized countries. (“Some would sacrifice some health to eat what they want and avoid the StairMaster. Freedom isn’t always sugar-free. Our American choices are costing us more, and raising the healthcare cost figures progressives love to cite. But they are our choices to make, not theirs to gainsay.”)