Obamacare is not the answer
Health care law is working? A recent letter to the editor stated the above, minus the question mark. It quoted a report from the Congressional Budget Office on how spending will be less than originally anticipated, but failed to mention what the actual numbers will be. I planned on buying an $80,000 Mercedes Benz, but decided to only spend 40 grand on a new Toyota. I saved $40,000. This is how the argument is presented.
It also stated that 12 million people will gain health care this year, but failed to mention that Medicaid is part of this number. The report indicated about 7 million were added through the Medicaid program. Many of these would have joined the Medicaid roles irrespective of the ACA.
It is old news that as many as 6.5 million plans were canceled in 2013 since they did not meet the ACA mandates. So how many newly insured were actually added?
While Obamacare enrollment did increase during the open enrollment period ending in April, the program did not serve the uninsured, according to findings of a McKinsey Center for U.S. Healthcare Reform survey. Only 26 percent of the enrollees reported being previously uninsured. By a three-to-one margin, enrollees in Obamacare were previously insured.
Furthermore, only 83 percent of the previously uninsured have paid their first premium compared to 89 percent of the previously insured who paid their premium. Also, according to the survey, “only 21 percent of the previously uninsured respondents in our April survey who indicated that they had shopped for coverage reported enrolling in a plan.”
So maybe it is not the golden rainbow that some propose.