Michael Cannon: Obamacare’s Hidden Costs and the Case for a Freer Healthcare System

Bill Bernardoni talks with Michael Cannon, Director of Health Policy Studies at the Cato Institute, about why the Affordable Care Act has failed to deliver affordable care. Cannon argues that Obamacare’s complexity hides its true costs — driving premiums up another 18% next year — while forcing taxpayers to subsidize high earners. He outlines a freer, more competitive vision for healthcare: giving consumers control of their dollars, reforming Medicare, and using market forces to drive innovation and lower prices.

Do you think competition and consumer control can fix America’s healthcare system — or does the government still need to play a bigger role? Let us know what you think.

Follow Bill on X at @BillBernardoni, explore his work at Bernardoni.media, and read his latest writings at Bernardoni.blog. You can learn more about Michael and his work at Cato.org.