John Stossel | May 01, 2013
Most Americans -- even those who are legislators -- know very little about the details of President Obama's Affordable Care Act, so-called Obamacare. Next year, when it goes into effect, we will learn the hard way. Many people lazily assume that the law will do roughly what it promises: give insurance to the uninsured and lower the cost of health care by limiting spending on dubious procedures.
Don't count on it.
Consider just the complexity: The act itself is more than 906 pages long, and again and again in those 906 pages are the words, "the Secretary shall promulgate regulations ..." "Secretary" refers to Secretary of Health and Human Services Kathleen Sebelius. Her minions have been busy. They've already added 20,000 pages of rules. They form a stack 7 feet high, and more are to come. Our old health care system was already a bureaucratic and regulatory nightmare. It had 16,000 different codes for different ailments. Under our new, "improved" system, there will be more than a 100,000. ….To Read More……
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