June 28, 2014
THE GOP NEEDS TO REFORM IT BEFORE IT'S TOO LATE:
Can we finally agree that Obamacare is working? (Michael Hiltzik, 6/26/14, LOS ANGELES TIMES)
--Nearly 60% of enrollees in ACA-compliant exchange health plans this year were previously uninsured--most of them for two years or more. (Source: Kaiser Family Foundation.)--Obamacare cut costs for buyers eligible for subsidies by an average of 76% compared with non-subsidized premiums. More than 80% of buyers are eligible for government subsidies, and for them the average premium is $82 a month. (Source: Department of Health and Human Services.)--Most people can save money by choosing plans offering narrower provider networks, and there's "no meaningful" difference in health outcomes between plans with narrow hospital networks and those offering broader networks. (Source: McKinsey & Co.)--Projected rate increases for 2015 are coming in well below expectations. Anthem Blue Cross rates will rise by less than 10% next year, about in line with health plan rate increases in the individual market in the pre-ACA era. (Source: Anthem Blue Cross.)
The original version, Romneycare, has worked too, so there was never any reason to doubt that Obamacare would as well. Before it gets working too well, Republicans need top narrow the choice--to HSAs--and universalize the program--to get everyone (but the chronically ill and the wealthy) into them.
Posted by Orrin Judd at June 28, 2014 8:22 AM
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