OBAMACARE EQUALS NO HEALTH INSURANCE

Without subsidies, Obamacare or the Affordable Care Act (ACA) is unaffordable for most people.  Because it is so bad, many are looking for a President Trump to repeal and replace it with something much better and much less expensive.  When fully implemented in 2017, most Americans will not receive subsidies, which currently total about $60 billion/year.  Incidentally, because employers are not required to provide heath insurance for part-time workers, most new jobs being created  in the U.S. are part-time.  While this makes the unemployment roles look good, it has been a nightmare for most Americans.

I’ve been a supporter of universal healthcare since the year 2000 and, although I did not vote for President Obama in 2008 and 2012, I was hopeful that he would make good-healthcare-for-all a reality.  It did not cross my mind that Obama  would promulgate legislation that would destroy healthcare for many more Americans than it might help.  It also did not occur to me that healthcare premiums would double, triple, or even quadruple…and that deductibles would be as expensive as twelve thousands of dollars/year and co-pays double…and that all of these consequences combined would have the cumulative effect of destroying healthcare for tens of millions Americans.

Let’s give the creators of Obamacare the benefit of the doubt and assume that their hearts were in the right place, and that the passage of the ACA was not simply an attempt of government takeover of 1/6 of the U.S. economy.  The Affordable Care Act  has demonstrated that it is not affordable and is pitiful health insurance…it was poorly and incompetently designed and executed.  It reminds me of  the homily that “an elephant is a mouse designed by committee,” but in the case of the ACA, designed by one political party in Congress.  Okay, so it’s time scrap it and start over.  No problem!  Right?  Wrong!

But wasn’t Obamacare  designed to be like Romneycare, which was passed by Mitt Romney when he was governor of Massachusetts?  That’s what the politicians say to justify Obamacare, but that’s “Bull”.  Romneycare only affected about  8% of the Massachsetts population or about 6.5 million people.  Obamacare covers everyone except those exempted by the President, or about 300 million Americans.  Romneycare does not have penalties or mandates that Obamacare does. The very few good aspects of Obamacare, pre-existing conditions and coverage on parents insurance until age 26, can be simply added to new health insurance Federal legislation.

Although Obamacare  is clearly very bad and expensive health insurance, except for those receiving significant subsidies or exemptions,  the U.S. may end up being stuck with it. The reason is totally political.  One sixth of the economy is healthcare, soon to be controlled totally by politicians in 2017  The ACA or “Obamacare” is a politician’s dream come true but the average American’s nightmare.  With thousands of dollars required for deductibles before reimbursement by insurance companies kicks in, Obamacare for most ends up basically being only catastropic health-care insurance, which is important and necessary, but not something one should pay a lot of money for.

The final opportunity for Obamacare to be either repealed and replaced will come with the 2016 Presidential election.  Only if Republicans control the Presidency, the Senate and the House of Representatives will Obamacare be replaced with healthcare that is affordable and truly cares about people.

 

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