RomneyCare in Massachusetts has been a jobs killer.
Suffolk University's Beacon Hill Institute, in a report that could give real ammunition to his opponents for the Republican Presidential nomination, say RomneyCare has cost Massachusetts more than 18,000 jobs.
“Mandating health insurance coverage and expanding the demand for health services without increasing supply drove up costs. Economics 101 tells us that,” said Paul Bachman, research director at the Beacon Hill Institute, the conservative think tank that conducted the study.
The Beacon Hill Institute study found that, on average, Romneycare has cost the Bay State 18,313 jobs; drove up total health insurance costs in Massachusetts by $4.311 billion; slowed the growth of disposable income per person by $376; and reduced investment in Massachusetts by $25.06 million.
They found that instead of reducing health-care expenses as the plans advocates had promised, Romneycare actually increased costs by $4.3 billion.
WOW!!; Let's go national with this great plan!!
I'm thinking Mitt Romney and his staff better stay up late and come up with some new awesome talking points.
(Sorry hrp; that I didn't actually have time to take a trip to Massachusetts)
http://www.beaconhill.org/BHIStudies...n2011-0915.pdf
http://www.bostonherald.com/news/reg...ome&position=0