Friday, March 20, 2015

Obamacare works. Just get over it, Republicans

[Quotation and facts based on a report by Jeffrey Young, Huffington Post]

"More than 16 million Americans gained health coverage because of the Affordable Care Act, mainly via the law's health insurance exchanges and Medicaid expansion, according to an analysis published by the Department of Health and Human Services."

This estimate from the latest Health and Human Services report is consistent with numerous surveys by independent polling groups.   For example, Gallup found a drop in people who lacked insurance from 20.3% in October 2013 to 12.3% in 2015.

At the same time, this could quickly be reversed if SCOTUS overturns the part of the law that provides subsidies to those who signed up through the federal exchanges in 34 states that declined to set up their own state exchanges.    An estimate from the Rand Corporation suggests up to 9.6 million people could lose the insurance they have acquired because of the resulting increased premium cost to them.

Even if SCOTUS does that, it could be easy to remedy either by (1) Congress inserting four words into the ACA law to include federal exchanges in the subsidy program;  or (2) those 34 states could set up their own exchanges.     Easy to do, but almost impossible to do in today's anti-Obama, anti Obamacase climate.    It's in the hands of the Republicans.   Unfortunately, they still seem to be dreaming of killing Obamacare and replacing it with their own . . . . what?   Nothing, so far, that makes any sense, either fiscally or as the real help people need.

Ralph 

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