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In Year Two, Obamacare’s Off to Another Bad Start
The Daily Signal ^ | November 25, 2014 | Robert Moffit and Kenneth Manyari-Magro

Posted on 11/25/2014 9:37:10 PM PST by 2ndDivisionVet

The implementation of the Affordable Care Act seems like an unending nightmare. Desperate for some good news, the White House is justly relieved and celebrating the fact that the government website is not plagued with last year’s disasters.

But other big challenges loom, including the administration of the law’s hideously complex insurance subsidy system, as well as coverage and cost problems.

Of course, more people do have insurance coverage in 2014 than in 2013. But good grief, at what a cost! The federal taxpayers have shelled out almost $5 billion to help facilitate the process of building the government exchanges–there should be some positive return for that level of spending. Meanwhile, U.S. Department of Health and Human Services officials recently admitted, for example, that they incorrectly added 380,000 dental plan enrollees to the 2014 coverage total, leaving 6.7 million exchange enrollees as of mid-October 2014. But what do we actually know about these enrollees previous insurance status?

We can’t exactly be sure. But the raw data shows that for the first two quarters of 2014, roughly 8.5 million people got coverage. Behind that big number are two big facts. First, over that same period, 3.8 million individuals lost their employer-based health insurance. So, the net gain in private health insurance coverage over that period turned out to be just 2.4 million persons. Second, of the total growth in coverage over the first two quarters, Medicaid– a poorly performing welfare program,–accounted for 71 percent (6.1 million). Thus far, in other words, Obamacare is largely an expansion of Medicaid.

This was the administration’s intent all along. According to The New York Times, the “…architects of the Affordable Care Act saw the expansion of Medicaid… as a crucial step toward President Obama’s goal of reducing the number of uninsured.” But access to coverage is not the same as access to care. In fact, the professional literature shows that Medicaid provides relatively poor access to quality care.

What about next year? The law is already falling below expectations based on official projections. The CBO originally projected 13 million people would get coverage through the exchanges in 2015. HHS officials now say, however, that between 9 and 9.9 million will be enrolled in 2015, and that 17 percent of the 2014 enrollees will not renew coverage in 2015.

How about health care costs? The president, and his allies in Congress and academia, devoted lots of hot air and buckets of ink emphasizing that the law would reduce health insurance premium costs for American families.

The reality is very different. Our colleagues at the Heritage Foundation examined the premium data in detail, and found that between 2013 and 2014, premiums in individual health insurance markets increased substantially in the vast majority of states. Even for persons age 50, who benefit from younger people paying more than their actuarial risk would entail, premiums in 13 states went up by 50 percent or even more. For family coverage, the House Committee on Ways and Means, reported that families unable to access job based coverage experienced, on average, a 24.4 percent increase in their premiums.

Meanwhile, there has been a dramatic increase in insurance deductibles for millions of Americans. In 2014, the deductible for a “silver plan” in the federally run exchanges nationwide topped $2700 on average, compared to the average annual deductible of slightly more than $1000 for private employer-based plans.

(VIDEO-AT-LINK)


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: obamacare

1 posted on 11/25/2014 9:37:11 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

But I just saw a commercial tonight (wonder where the money for that came from) that said healthscare.gov is the best thing ever and people are getting coverage for as low as $20/month.


2 posted on 11/25/2014 9:47:29 PM PST by Darth Reardon (Is it any wonder I'm not the president?)
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To: 2ndDivisionVet

For the sheer damage done to the American dream and way of life, the financial crimes and theft, all of these b*stards should be in jail.

That this has happened and there is seemingly nothing that can be done about it just enrages me.


3 posted on 11/25/2014 9:47:36 PM PST by bluejean (The lunatics are running the asylum)
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To: 2ndDivisionVet
Schumer said that they never should've done Obamacare.

Donna Brazile goes to the White House to talk sense into the Administration.

The commie-topia may never happen if Obama can't get it in gear.

4 posted on 11/25/2014 9:48:18 PM PST by Slyfox (To put on the mind of George Washington read ALL of Deuteronomy 28, then read his Farewell Address)
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To: 2ndDivisionVet

Doesn’t matter, Herr Obama has dictated that AHA will be so and it shall be. The will of the American people be damed.

Obama is like a parent that thinks he knows best. You will eat your veggies. You may not like your veggies, but you will eat them because your parent knows best.

Unfortunately, the veggies he is feeding us is crap, and the parent in the scenario is a buffoon raise in as a socialist/communist.

And we are beginning to reap the benefits of his socialist upbringing.

May G_d help us.


5 posted on 11/25/2014 9:57:58 PM PST by doc1019
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To: 2ndDivisionVet

Time to throw ObamaCare on Barry’s “cash for clunkers” crap heap.


6 posted on 11/25/2014 10:00:46 PM PST by FlingWingFlyer (Remember! When the GOP wins, it means the stupid American voters want bipartisanship.)
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To: Darth Reardon

“coverage for as low as $20/month.”

(If you are 18-23, with a $6200.00 deductible /s;)


7 posted on 11/25/2014 10:22:39 PM PST by Frank_2001
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To: Darth Reardon
But I just saw a commercial tonight (wonder where the money for that came from) that said healthscare.gov is the best thing ever and people are getting coverage for as low as $20/month.

Ha....$20 a month will get you a copy of:

1). A Prescription for Nutritional Healing by Nurse P. Balch

2.) Encyclopedia of Medicinal Plants by Andrew Chevallier

and a good stock of seeds

Just add soil, water and sunlight to thrive and prosper.

8 posted on 11/25/2014 11:27:03 PM PST by spokeshave (He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people,)
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