Posted on 10/26/2016 11:57:18 AM PDT by TigerClaws
Democrats are already looking beyond ObamaCare’s slow-motion failure, and Colorado is showing where many want to go next: Premiums across the state are set to rise 20.4% on average next year, and some have concluded that the solution is more central planning and taxation. Voters will decide on Nov. 8 whether to try the single-payer scheme that blew up in Vermont.
Amendment 69 would alter the state’s constitution to create a single-payer health system known as ColoradoCare. The idea is to replace premiums with tax dollars, and coverage for residents will allegedly include prescription drugs, hospitalization and more. Paying for this entitlement requires a cool $25 billion tax increase, which is about equal to the state’s $27 billion budget. Colorado would introduce a 10% payroll tax and also hit investment income, and that’s for starters. California would look like the Cayman Islands by tax comparison.
Every other detail is left to the discretion of a 21-member panel. The board of trustees would determine what benefits are offered—say, whether your pricey cancer drug makes the cut. The board would also set reimbursement rates for doctors and hospitals, as well as patient co-payments. –– ADVERTISEMENT ––
Trustees would be elected to four-year terms and not subject to recall elections. In other words, ColoradoCare would evade nearly all democratic accountability. Amendment 69 stipulates that the entity is “not an agency of the state and is not subject to administrative direction or control by any state executive, department, commission, board bureau or agency.” ColoradoCare could bust constitutional limits on tax increases and spending.
(Excerpt) Read more at wsj.com ...
Obamacare is working exactly as intended.
Come up with the worst possible healthcare system and the sheeple will beg for socialized medicine.
With legal pot in Colorado, you are not supposed to be able to care about health care.
A few other little tidbits left out of the WSJ article:
1. “Free” healthcare will be “given” to ALL RESIDENTS! So if you can manage to get to Colorado from anywhere in the world: you’ll get a full healthcare ride for FREE!
2. ALL current Colorado election law is set aside for a parallel election law whose details will be decided by the first board which is UNELECTED! However, at a minimum, ALL RESIDENTS over the age of 18 are eligible to vote for future boards. So if you can manage to get to Colorado from anywhere in the world: you’ll get a chance to vote yourself even MORE “free” healthcare!
3. The board will have unlimited taxing powers.
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