Skip to main content
No. of Recommendations: 24
Obamacare is almost the most radically conservative law possible.

About the only way to make this law even more radically conservative would be to require everyone to buy a new gun and a case of ammunition for each gun owned every year.

The new healthcare law does not require anyone to buy healthcare insurance.

What the new law does is impose "personal responsibility" on people. Benefits for making good choices and being required to pay the costs of making poor choices. No mandatory "sharing" of benefits gained or costs incurred. You choose--so you win or lose based on which way you bet. That is also most certainly a conservative concept.

The new healthcare law requires the payment of a relatively modest penalty for not having healthcare insurance. The reasoning is fairly simple. The question is not "if" someone will ever need healthcare. It is a matter of "when" and "how much". A small reminder is exactly what the penalty is (like your mother saying "You should have it"). People know they are now being held accountable for their choices--good or bad.

They have the choice of reaping the reward of having healthcare insurance or paying the penalty of not having it--in terms of real money--as a result.

Choosing to not buy health insurance is one choice. Why that choice is made is irrelevant. The opportunity to save money is a valid reason and there may be other reasons as well. The key point is it is a choice made.

If someone does not require significant healthcare during the year, that person gets to keep the full savings (= premiums not paid, by choice). The person made a conscious choice to take the risk--and it paid off for him/her. This is totally a conservative way of thinking.

What about the person who made the choice--but then needed healthcare?
The real penalty is only incurred when people who chose to not buy healthcare insurance require significant healthcare--and they run up the bills accordingly.

Because these people chose to not have healthcare insurance, they are required to pay the full cost of their healthcare out of their own pocket. This is also totally a conservative way of thinking. The person took the risk and failed because he/she made the wrong choice. The person pays the price for making that choice. Lesson learned?

The above paragraph is very important because the "writing off" of medical care by an emergency room will be greatly reduced in the near future. The healthcare law will dramatically increase payments to emergency rooms for medical care actually delivered. That means the local governments that operate those facilities will see a significant drop in their unpaid invoices for medical care--which means lower taxes for taxpayers. This incentive will cause more bills to be turned over to collection agencies because the person who incurred the expenses will be expected to have had insurance--but didn't. The people who will mostly get hit by this surprise expense will tend to be younger (in their twenties) and have the "I am invulnerable" mindset. Getting hit with $20k in medical bills for one incident might change their minds about the need for healthcare insurance. But it will be far harder to get out of those debts because the public expectation of "pay your own way" for healthcare is a "personal responsibility".

Why conservatives would oppose a law that imposes one of their deepest wishes into law is something they can never explain. They should be bowing at Obama's feet for actually doing what conservatives have dreamed for generations.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.