Obamacare numbers don’t look good
Millions of Americans already have received notices that, because of the Affordable Care Act, the health insurance policies they have will not be renewed. They will have to buy new government-approved coverage – at higher cost.
Americans now know President Barack Obama was either lying or misinformed about his namesake system – “Obamacare” – when he promised that if they like the health insurance they have, they can keep it.
The White House insists the number of people affected is insignificant – just 5 percent of the population, as spokesman Jay Carney pointed out.
Analysts say about 15.8 million Americans may be affected by the problem. That is not an insignificant number.
But the new health care law will help many, many people, President Barack Obama and his allies insist. Government subsidies will be provided for those who cannot afford insurance, they explain.
This week, the nonpartisan Kaiser Family Foundation released a report estimating the subsidies will be available to about 17 million people.
That’s only slightly more than 5 percent of the population. It is roughly equal to the number who are being forced – many without subsidies – to replace their existing insurance policies.
In other words, in one important way, Obamacare is going to hurt about as many Americans as it helps.
Add that to the ongoing problems with its website, and we can’t help but lose what little faith we had in this plan.
The U.S. does need a better way of doing health insurance than what we’ve had, but right now, the Affordable Care Act seems, at best, like more trouble than it’s worth.
Who has a better idea? We’ve repeatedly plugged a single-payer plan – extending Medicare to all – but we’re open to suggestions.