Its really not an apples to apples comparison between some European systems and this diabolical system being forced upon us by Obama. The costs are not proportional I believe. The average income per family in the US is about $50K (down 4k from when Obama took office) but the lowest cost approved plan will be $20K. 40% of a family's income before taxes is outragous. It will be a minimum of $8400 for single indviduals. This may eat up most of their income for just one thing.
The opprotunity costs is enourmous with ripple effects through out the entire world economy. People won't be able to buy, or invest in anything. They won't be signing up to buy a new house or a new car. Companies will either throw their employees over board, or seek to pass on their costs to stay in bussiness, driving up the costs of everything even more. Companies won't be reinvesting their profits because of these new externalities, killing innovation and economic growth.
George Will has an interesting take on John Robert's swing vote that made the individual mandate legal. Essentially the Court ruled that a fine for not buying health insurance is unconstitutional, but if it is redefined as a tax then it is constitutional if each tax is approved by Congress and signed into law. Will thinks this will make the ACA unworkable, because the current "tax" is much cheaper than buying approved insurance (therefore causing many to loose the coverage they now have). Increasing the "tax" through the appropriate methods is politically impossible. The system can not work this way. However, this may have been Obama's plan all along; forcing a further revision to a single payer system.
I know somebody in France that purchases additional supplimental health insurance at about $7000 per year after she's already been heavilly taxed for paying into the Gov single payer system. Even with the additional coverage the quality of the health care is inferior to current US health care in my opinion.
Last year I blew my knee out and it had to be re-constructed. I went to the best orthopedic I know about. I paid out of pocket or out of my "rainy day" fund. The costs for the best possible care was less than the costs of paying the insurance premiums for one year under Obama Care. The doctor makes more this way too.
I would be far better off to purchase just coverage for catastrophic events, for a small fraction of Obama Care cost, and conitinue to build up a rainy day fund. But if I must pay a tax or purchase outragously expensive Gov approved insurance I won't be able to do this anymore. This thing is really a way to get people who don't need expensive health insurance to pay into the gold plated pool, or pay more into the tax stream. There is an opprotunity cost for this forced re-allocation of funds. It's not pro- individual, but pro- corporate. And it is anti-freedom placing the individual subordinant to the collective. Obama is a sell out.
Entering a night sea battle is an awesome business.The enveloping darkness, hiding the enemy's.. seems a living thing, malignant and oppressive.Swishing water at the bow and stern mark an inexorable advance toward an unknown destiny.