Monday, June 23, 2014

Obamacare, How Nothing Has Really Changed [UPDATED]

Did the "Affordable Care Act" really make things more affordable? Who gave it that stupid
name anyway?
“The critics’ view of the law as an unmitigated disaster is far from true, but it’s not what advocates might have hoped for either because many people still have concerns about affordability,” 
Dallas News

So, it really isn't affordable for many.

What a shock.
 Fifty-seven percent of the 8 million people who bought a plan through the new insurance exchanges were previously uninsured.
That only leaves about 35M or so uninsured ................... not counting those that LOST existing coverage due to Obamacare.

When will HHS release those numbers?
63 percent of those covered by health law plans said they are confident they will be able to pay for routine medical care. Enrollees were divided about paying for a major illness or accident, with 52 percent expressing confidence and 46 percent saying they were not too confident or not at all confident.
Insurance is not needed for ROUTINE care.

Auto policies and homeowners don't cover routine maintenance. Can you imagine someone saying they can't afford an oil change until they get car insurance?

UPDATE [HGS]: Well, one thing's certainly changed, and not for the better:

"The Congressional Budget Office estimated in April the federal government would spend about $12 billion in subsidies and related spending — numbers that are projected to rise to $29 billion and $62 billion over the next two years as more people sign up."

That's the cost of the subsidies that make the ObamaPlans "affordable" for those lucky enough to qualify (and to actually sign up through the site).

This term, "affordable:" I dunna think it means what you think it means.

blog comments powered by Disqus