Health Law Pushes Doctors To Retire Early

Obamacare promotes restrictive rules and consolidation of medical practices

Health insurance premiums will continue to rise and more experienced doctors will retire earlier under Obamacare, the director of the Manhattan Institute's Center for Medical Progress says.

"Over the next 10 years . . . the U.S. is going to be spending $500 billion more on health care because the law passed," Paul Howard told John Fund on Newsmax TV's "The Steve Malzberg Show."

"Since the law passed, family premiums for employer-provided health insurance have gone up and continue to go up and we expect them to keep going up for the next several years."