Baucus bill may increase health insurance by as much as $4000

Ugh. It gets worse and worse. Why do we have to rush into this? Why? There's only one reason. Political power.

In other words, the average family will be paying $4,000 more per year for health insurance premiums under the Baucus bill than if nothing were done. Rather than bring costs under control, as any reform worth its salt would have to do (and as reforms that would introduce real private sector competition into the insurance sector would do) the bill would actually increase the rate at which those costs are growing.

The fundamental problem at the core of our health-care dilemmas is the cost of coverage. That’s the reason that the uninsured are uninsured; it’s the reason the employer-based coverage system is collapsing; it’s the reason our health-care entitlements are unsustainable. Everything else is a symptom: the exploding cost of coverage is the underlying problem. The approach the Democrats are now pursuing would make it worse, and, this study suggests, would cost the average family an additional $20,000 in insurance premiums over ten years.