Cost-Slashing? No, Cost-Shifting.

Here’s a poor, unsuccessful letter I sent to the editor of the Los Angeles Times:

Three and a half million Californians may become eligible for subsidized private health insurance in 2014 under ObamaCare [“3.5 million Californians would be eligible for healthcare tax credits, study finds,” October 6], but those subsidies will not “slash the cost” of their health insurance.  As ObamaCare causes health insurance premiums to rise by as much as 30 percent, the private-insurance subsidies will shift those costs to taxpayers.  A bipartisan majority of Americans opposes ObamaCare in part because such shell games increase costs rather than reduce them.