8 Reasons Why Obamacare Should Be Repealed
Jan 24, 2017 13:48:20 #
A very succinct article by Alyene Senger in The Daily Signal:
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As the debate over repealing Obamacare intensifies, it’s important to remember the law’s most glaring failures.
Here are eight:
1) Costs
Despite repeated promises of premium reductions, Obamacare has delivered major increases.
In the employer-sponsored market, costs continue to increase. According to the Kaiser Family Foundation, average family premiums for employer-sponsored plans have increased almost 32 percent from 2010-2016.
In the individual market, where the bulk of Obamacare’s new rules and regulations have taken effect, the average nationwide premium increase has been 99 percent for individuals and 140 percent for families from 2013-2017, according to an eHealth report.
Deductibles keep rising, too, especially for Obamacare exchange plans. According to an analysis by HealthPocket, the average deductible for a bronze plan in 2017 is $6,092 for an individual and $12,383 for a family. The average silver plan deductible for an individual is $3,572 and $7,474 for a family.
2) Choice and Competition
Relative to the individual market prior to the law’s implementation, insurer competition has always been limited on Obamacare’s exchanges. However, competition has continued to decline, with 2017 being the worst year yet.
Forthcoming Heritage Foundation research finds that 70 percent of U.S. counties have only one or two insurers offering coverage on the exchange in 2017.
3) Exchange Enrollment
The Obama administration estimated that the average monthly effectuated enrollment in the exchanges was 10.4 million people in 2016. This is significantly below original projections from the Congressional Budget Office, which estimated that 21 million people would be getting their coverage through the law’s government-run exchanges in 2016.
According to the IRS, in 2015, 12.7 million taxpayers claimed one or more exemptions from Obamacare’s mandate to purchase coverage and another 6.5 million taxpayers paid the penalty rather than sign up for coverage.
4) Exchange Websites
The federal government sent nearly $5 billion to states to set up their own health insurance exchanges. Despite the ample funding, the vast majority of states either didn’t want to set up their own, or tried and failed.
In 2017, only 11 states and the District of Columbia run their own exchange. The remaining 39 states use HealthCare.gov, which cost taxpayers at least an estimated $800 million to build. Recall that HealthCare.gov was only able to enroll six people on its launch date, Oct. 1, 2013.
5) If You Like Your Plan, but the Government Doesn’t, You Can’t Keep It
When Obamacare’s insurance rules and mandates took full effect in 2014, insurers were forced to cancel existing plans that didn’t comply with the new standards. A tally put together by the Associated Press shows that there were at least 4.7 million plan cancelations across 30 states.
6) Collapsed Co-Op Program
Obamacare provided for the creation of 23 new nonprofit health insurers through the Consumer Operated and Oriented Plan program. These insurers launched in 2014, using $2.4 billion in taxpayer-funded “loans.” Shortly thereafter, they began to collapse like dominos.
Some of the closures happened during the plan year, significantly disrupting coverage and the market. Thus far, 18 out of 23 have gone under, resulting in a combined $1.9 billion in government loans that taxpayers are highly unlikely to ever be repaid.
7) Dumping Millions Into Medicaid
Instead of reforming the over-stretched and unsustainable Medicaid program, Obamacare has dumped millions more people into it. After the first two years of Obamacare, an additional 11.8 million people were enrolled in the Medicaid program.
The law’s expansion is projected to add $969 billion in new Medicaid spending over the next decade, adding to existing Medicaid spending for a total federal cost of $3.8 trillion from 2017-2028.
8) Restricted Access to Providers
Obamacare’s increased costs have prompted narrow network plans to flourish on the exchanges—an unpleasant surprise for patients that desire broad access to providers. The Robert Wood Johnson Foundation measured network size for plans sold in the 2014 exchanges, finding:
Forty-one percent of networks are small or x-small: 11 percent of networks are x-small, meaning they include less than 10 percent of office-based practicing physicians in the area and another 30 percent are small, including between 10 percent and 25 percent of physicians. At the other end of the spectrum, 11 percent are x-large, which we define as networks including more than 60 percent of physicians.
For all these reasons and many more, Congress should repeal Obamacare as soon as possible to clear the way for health care reform that actually works for Americans.
________________________________________________
As the debate over repealing Obamacare intensifies, it’s important to remember the law’s most glaring failures.
Here are eight:
1) Costs
Despite repeated promises of premium reductions, Obamacare has delivered major increases.
In the employer-sponsored market, costs continue to increase. According to the Kaiser Family Foundation, average family premiums for employer-sponsored plans have increased almost 32 percent from 2010-2016.
In the individual market, where the bulk of Obamacare’s new rules and regulations have taken effect, the average nationwide premium increase has been 99 percent for individuals and 140 percent for families from 2013-2017, according to an eHealth report.
Deductibles keep rising, too, especially for Obamacare exchange plans. According to an analysis by HealthPocket, the average deductible for a bronze plan in 2017 is $6,092 for an individual and $12,383 for a family. The average silver plan deductible for an individual is $3,572 and $7,474 for a family.
2) Choice and Competition
Relative to the individual market prior to the law’s implementation, insurer competition has always been limited on Obamacare’s exchanges. However, competition has continued to decline, with 2017 being the worst year yet.
Forthcoming Heritage Foundation research finds that 70 percent of U.S. counties have only one or two insurers offering coverage on the exchange in 2017.
3) Exchange Enrollment
The Obama administration estimated that the average monthly effectuated enrollment in the exchanges was 10.4 million people in 2016. This is significantly below original projections from the Congressional Budget Office, which estimated that 21 million people would be getting their coverage through the law’s government-run exchanges in 2016.
According to the IRS, in 2015, 12.7 million taxpayers claimed one or more exemptions from Obamacare’s mandate to purchase coverage and another 6.5 million taxpayers paid the penalty rather than sign up for coverage.
4) Exchange Websites
The federal government sent nearly $5 billion to states to set up their own health insurance exchanges. Despite the ample funding, the vast majority of states either didn’t want to set up their own, or tried and failed.
In 2017, only 11 states and the District of Columbia run their own exchange. The remaining 39 states use HealthCare.gov, which cost taxpayers at least an estimated $800 million to build. Recall that HealthCare.gov was only able to enroll six people on its launch date, Oct. 1, 2013.
5) If You Like Your Plan, but the Government Doesn’t, You Can’t Keep It
When Obamacare’s insurance rules and mandates took full effect in 2014, insurers were forced to cancel existing plans that didn’t comply with the new standards. A tally put together by the Associated Press shows that there were at least 4.7 million plan cancelations across 30 states.
6) Collapsed Co-Op Program
Obamacare provided for the creation of 23 new nonprofit health insurers through the Consumer Operated and Oriented Plan program. These insurers launched in 2014, using $2.4 billion in taxpayer-funded “loans.” Shortly thereafter, they began to collapse like dominos.
Some of the closures happened during the plan year, significantly disrupting coverage and the market. Thus far, 18 out of 23 have gone under, resulting in a combined $1.9 billion in government loans that taxpayers are highly unlikely to ever be repaid.
7) Dumping Millions Into Medicaid
Instead of reforming the over-stretched and unsustainable Medicaid program, Obamacare has dumped millions more people into it. After the first two years of Obamacare, an additional 11.8 million people were enrolled in the Medicaid program.
The law’s expansion is projected to add $969 billion in new Medicaid spending over the next decade, adding to existing Medicaid spending for a total federal cost of $3.8 trillion from 2017-2028.
8) Restricted Access to Providers
Obamacare’s increased costs have prompted narrow network plans to flourish on the exchanges—an unpleasant surprise for patients that desire broad access to providers. The Robert Wood Johnson Foundation measured network size for plans sold in the 2014 exchanges, finding:
Forty-one percent of networks are small or x-small: 11 percent of networks are x-small, meaning they include less than 10 percent of office-based practicing physicians in the area and another 30 percent are small, including between 10 percent and 25 percent of physicians. At the other end of the spectrum, 11 percent are x-large, which we define as networks including more than 60 percent of physicians.
For all these reasons and many more, Congress should repeal Obamacare as soon as possible to clear the way for health care reform that actually works for Americans.
Jan 24, 2017 15:16:31 #
This is a very good article summarizing the problems with Obamacare, and why it must be replaced.
Jan 25, 2017 15:41:55 #
I really can't be the only one who stands with LEAVING OBAMACARE AS IT IS!!! Before OBAMACARE nearly 8out of 10 people had no HEALTH insurance, along comes OBAMACARE and over3/4 of the US Population gets HEALTHCARE THAT WAS NOT AVAILABLE TO THEM.. NOW TRAITOR TRUMP HAS REPEALED IT!! Here's why we that have it are MAD AS HELL
1) Cost, Most middle-class families, POOR, AND DESTITUTE PEOPLE Finally can AFFORD SOME FORMS OF INSURANCE.
2) Medicare/ Medicaid, For those of us who are Disabled, Children, Pregnant, in School, are able to go to a Dr or a Planned Parenthood Office for Immunization, Wellness Checks, Free Pregnancy Information.
3) Insurance Companies: Yes they want it REPEALED because their not becoming Overnight Billionaires and Millionaires!! They love the higher cost Premiums, and like dummies, we let them decide what we want..
4) it's. Our Responsibility to go after our Senators,, Congressman, House of Representatives, Local Authorities in Office, Local Media, Protest against Trump..
So for the ones who have been making regions on behalf of your Cities, Counties, States, Do the Right thing, ASK THE PEOPLE WHAT THEY WANT!! It's CALLED a VOTE!!! Let the people decide!!
1) Cost, Most middle-class families, POOR, AND DESTITUTE PEOPLE Finally can AFFORD SOME FORMS OF INSURANCE.
2) Medicare/ Medicaid, For those of us who are Disabled, Children, Pregnant, in School, are able to go to a Dr or a Planned Parenthood Office for Immunization, Wellness Checks, Free Pregnancy Information.
3) Insurance Companies: Yes they want it REPEALED because their not becoming Overnight Billionaires and Millionaires!! They love the higher cost Premiums, and like dummies, we let them decide what we want..
4) it's. Our Responsibility to go after our Senators,, Congressman, House of Representatives, Local Authorities in Office, Local Media, Protest against Trump..
So for the ones who have been making regions on behalf of your Cities, Counties, States, Do the Right thing, ASK THE PEOPLE WHAT THEY WANT!! It's CALLED a VOTE!!! Let the people decide!!
Jan 25, 2017 16:20:10 #
Tanya wrote:
I really can't be the only one who stands with LEA... (show quote)
Gosh, what liberal site did you get those false statements from?
8 out of 10 people had no health insurance? Wrong!
Trump has repealed obamacare? Wrong!
ASK THE PEOPLE WHAT THEY WANT!! It's CALLED a VOTE!!! Let the people decide!
Okay, lets vote on it, because the majority of Americans want President Barack Obama's signature healthcare law repealed and replaced according to pollster Frank Luntz.
"The people do want Obamacare repealed but they want an alternative put in its place," Luntz told Fox News' "Fox & Friends" host Steve Doocy.
The overwhelming majority of Republicans, 96 percent, want the Affordable Care Act repealed. Most Democrats, 84 percent, say the same, as do swing voters by a 3-2 margin.
According to his latest poll, Americans want to see Obamacare repealed immediately, but can wait for its replacement.
Obamacare is a poorly written law that does not really cure any of the problems it was supposed to cure, but does cause many more problems. You need to educate yourself on what obamacare really is and fails to do, and read up on alternatives to that are much better.
Jan 25, 2017 17:14:23 #
I don't know what plan you, but as I've got Medicare and Humana PPO, I HAVE TONS OF DRS, SPECIALIST, AND OFFICES, THAT I CAN USE. YES, I HAVE TO GIVE UP ALOT OF EXTRAS THAT ID LOVE TO BUY, BUT MY HEALTH IS WAY MORE IMPORTANT THAN BUYING A NEW CAR, NEW HOUSE, NEW CLOTHES, NEW SHOES! So why your fussing about the Cost, switching plans, just your usual bellyacheing about a Program that has benefited millions, Remember you can always be like other people, don't get it!!! But don't take away the rights of others who are Glad, Healthy, and Benefitting from OBAMACARE...90% of all Middle Class and Poor have profited from having it!! Get your facts straight!!!
Jan 25, 2017 17:29:47 #
Tanya wrote:
I don't know what plan you, but as I've got Medica... (show quote)
Dumbass, I gave you the straight facts, and you're too ignorant to understand them. Like I said, over 80% of the public wants obamacare repealed and replaced with something better.
You are apparently riding the free obamacare wagon, but that doesn't make you knowledgeable about healthcare, just another freeloader. By the way, shouting (typing in all caps) doesn't make your bullshit believable.
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