The U.S. Supreme Court will shortly discuss the ACA, the latest abbreviation for the Patient Protection and Affordable Health Care Act of 2010, pejoratively named Obamacare. Defenders of the law like State Senator Dede Feldman say the law is good for both New Mexico and the U.S. They argue that a) it brings lots of money into our state; b) creates new jobs; c) increases insurance coverage; and d) eliminates the exclusion for pre-existing condition.
ACA may bring large buckets of federal dollars into New Mexico, but that money will be spent on bureaucracy, not on patients. ACA is likely to increase jobs – 38,000 to 47, 000 new bureaucrats, regulators, insurance adjusters, IRS investigators, and compliance officers, but not one new nurse or doctor.