ObamaCare’s impact on health costs.
“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.”
“Finally, President Barack Obama can say his health care law is beating the expectations.
Well, one of them, anyway. It’s safe to say that no one — not even him — predicted that the Obamacare sign-ups would soar as high as 8 million, the figure he announced in an appearance in the White House briefing room Thursday. That number, at least on its face, truly does go beyond the enrollment goals the administration set for itself — and makes the recovery from the website debacle even bigger.”
“A four-year slowdown in health spending growth could be coming to an end.
Americans used more medical care in 2013 as the economy recovered, new reports show. Federal data suggests that health care spending is now growing just as quickly as it was prior to the recession.”
“President Obama is bragging that the administration has surpassed its target of 7 million people enrolled in the ObamaCare exchanges, but he isn’t talking about the millions of people who are being harmed so the insurance-salesman-in-chief could make his numbers.”
“As President Obama took his victory lap Tuesday, declaring that 7.1 million people signed up for coverage through his health care program, he said, “The bottom line is this: Under this law, the share of Americans with insurance is up and the growth of health care costs is down.”
This wasn’t the first time that Obama attempted to credit his health care law for the slowdown in the growth rate of health care spending that’s been recorded in recent years.”
“Have you heard? Obamacare survived! It got to that magic number it was looking for to make everything right!
Or rather, it got to half the number the Congressional Budget Office predicted it would get to after the Supreme Court ruling.”
“Young workers signed up for company health plans at a lower rate than last year, a surprising result that kept overall corporate enrollment rates flat.
American companies had been bracing for a big bump in the number of employees signing on to workplace plans as a result of the new government mandate that most American adults buy health insurance or pay a penalty. New data on worker behavior for the 2014 coverage year from payroll services supplier ADP suggests that surge of enrollment never happened, at least for large companies.”
“On Monday, the first open enrollment period for the new Affordable Care Act will close, and the opportunity to sign up for health insurance will not reopen again until November. For our family, President Barack Obama’s promise to make health insurance “affordable and available to every single American” has not come true. “