The president and his allies also insisted that all of Obamacare’s “free” preventative care would save the country vast amounts of money. As Obama put it in 2012: “As part of the health-care reform law that I signed last year, all insurance plans are required to cover preventive care at no cost. That means free check-ups, free mammograms, immunizations, and other basic services. We fought for this because it saves lives and it saves money — for families, for businesses, for government, for everybody.”
That’s not true either. First of all, you’d think people would understand that there is no such thing as “at no cost.” You are paying for “free” mammograms, blood tests, and the rest, even if you don’t see a line item for them on your bill. And even if you’re poor enough that you don’t even see a bill, that doesn’t mean no one’s paying. That’s why millions of Americans who’ve lost their health insurance thanks to Obamacare are discovering that the new plans it offers are either more expensive, have higher deductibles, or both.
Also, prevention doesn’t necessarily save money. I know that Benjamin Franklin said an ounce of prevention is worth a pound of cure. (People always leave out the fact that he owned an insurance company that ran at a profit.) The idea that prevention saves money is one of these things that intuitively sounds like it has to be true. But think about it.
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