So whose winning?
Hint: see metro DC property values
So whose winning?
The 10 million who didn’t have insurance at all before. Now at least some can get insurance with pre-conition where before they were out of luck. That at least is good. I think if they are going to get rid of Obamacare they should keep that one part. many people with cancer were never able to get medical insurance again for their lives. That is scary for someone who has had cancer and could get it again and because no insurance company would allow them to get insurance they pretty much die.
The insurance companies thought that the government would force healthy people to buy more insurance. But actually they bought less. Firstly, the affordable care act took about 5 healthy years out of the pool by forcing family insurers to pay for kids up to 26. And then they expected many of the poor to go out and fill out an insurance form. Most of these people never fill out forms longer than a name and signature.
So the reality is that the extra people covered and the extra benefits like preexisting conditions, adult children, pregnancies and birth control mean insurance companies are paying out more.
This is easy math. Everyone should have seen this coming. Anyone who thought different was a fool. It really is no excuse to say that Obama or the government promised it would all work out. It could never work out. More coverage means more cost and that cost has to be borne by someone.
The new millions on the Medicaid roles who don’t pay for a darned thing.