The Patient Protection and Affordable Care Act, signed into law on March 23, 2010, legalizes multiple violations of our rights to life, liberty and property. The government has been given wide and arbitrary powers to regulate, restrict and control not only the health insurance industry, but the provision of health care itself.
Some individuals will benefit from this new law, and will do so in obvious ways. Many more people will suffer, but in ways that although directly traceable to this law are not obvious.
The purpose of the Black Ribbon Project is to call attention to the multiple ways that the new law undermines our freedom, erodes our prosperity and our prospects for economic progress, and interjects politics into the private and intensely personal decisions which properly belong to physicians and patients.
Our most productive citizens and businesses will have a greater portion of their assets seized by the government to pay for increased entitlements—leaving investors and entrepreneurs with less money to expand employment, or create new businesses, or take risks on innovation.
The combination of guaranteed issue and community rating makes true health insurance illegal.
The perverse incentive system of third party payment is further entrenched and expanded, guaranteeing health care expenditures to spiral upward while simultaneously divorcing costs from efficiency-creating market competition.
Controlling costs must include controlling expenditures–which means that the government will have an increasing say in the medical decisions which previously have been left to a patient and his doctor.