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No free pill: Milton and the mandate
On Wednesday the Obamacare rule requiring employers to offer contraceptive coverage in their health insurance plans — at no cost to the employee - kicked in. The Obama administration and Democrats nationwide touted this as the provision of “free” health care for women.
They did this one day after the 100th anniversary of economist Milton Friedman's birth. How rich.
Friedman was famous for many achievements in economics, including a Nobel prize. Perhaps his best-known quote was this: “There is no free lunch.”
The free lunch myth, Friedman said, was that “somehow or another government can spend money at nobody's expense.” With the contraception coverage mandate, Democrats promote exactly that myth.
Of course, it is a fallacy.
Under the mandate, employers may charge higher premiums to provide the “free” contraception. You are actually paying for the coverage Obama says you are getting for “free.” If you are employed. And if your employer does not drop your coverage to comply with all of the costs of Obamacare, as many employers are doing.
Some freebie. If only Milton Friedman were around to say, “I told you so.”
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