ObamaCare’s impact on health costs.
“Even if Obamacare really has enrolled 8 million Americans through its health insurance exchanges, that’s not good enough. For the exchanges to work, people must enroll and stay enrolled.
If too many enrollees drop out, premiums will climb until the exchanges collapse.”
“Around two-thirds of people who had picked insurance plans through HealthCare.gov paid their first month’s premium by April 15, according to a report released Wednesday by Republican lawmakers using data from insurers.”
“With the unveiling of the Affordable Care Act’s website, the public experienced a painful reminder of the consequences of the government’s new authority over health care. While millions signed up for insurance, millions of others abruptly lost their existing coverage and access to their doctors because that coverage didn’t fit new ObamaCare definitions.”
“I must have missed the fine print.
That thought repeatedly ran through my head last October as I read the letter from my insurance company. It informed that my family’s health plan will be canceled effective December 2014—and Obamacare is to blame.”
“With Obamacare’s first enrollment period finally in the books, two new surveys out this morning offer new insight into why the still-uninsured decided to remain on the sidelines this year. Hint: It has a lot to do with cost.”
“Obamacare’s defenders are doing their best to sustain a triumphant mood these days. In the wake of the late-March surge in exchange enrollment, many proponents of the law have insisted it can no longer be rolled back. As the president put it in his April 1 Mission Accomplished speech announcing the enrollment figures, “The Affordable Care Act is here to stay.”
But just as conservative assertions that the law would collapse of its own weight were premature, so too are today’s liberal proclamations that the debate is over.”
“A few observations from my travels and conversations in the marketplace”
“Since Obamacare “hit” its “enrollment” “target,” Democrats, liberals, and their friends in the press have enjoyed some old-fashioned taunting of Republicans. This would be justifiable if a.) Republicans had destroyed the website that needed fixing or b.) predicted that nobody would sign up for the program in the first place.
Neither condition holds, of course. The website was totally the design of CMS, HHS, and the White House, which are all run by Democrats. Meanwhile, as Michael Cannon argued, it is no big feat to get people to sign up for a heavily subsidized product.”
“Many key provisions of The Affordable Care Act were finally implemented earlier this year, and widespread dismay over the reality of an overreaching government immediately followed. Initially, the predominant focus was on the inept rollout of the Obama administration’s website, a fiasco that cost well over $500 million of American taxpayer money — more than was spent to develop Facebook and Twitter combined, more than the cost of developing Apple’s iPhone. With more than two dozen executive branch decisions to delay some of the law’s deadlines — but ignoring fixes more substantive than repairing the basic functions of its website — the Obama administration cynically pushed forward.”
“President Obama yesterday again claimed his health care law had triumphed as enrollment in the Obamacare exchanges had reached eight million. However, it will prove a Pyrrhic victory.”