Posts Tagged ‘Universal Healthcare’

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 looked to President Trump to repeal and replace it with something much better and much less expensive.  When it was fully implemented in 2017, most Americans no longer received subsidies, which had totaled over $60 billion/year.  Incidentally, because employers were not required to provide heath insurance for part-time workers, most new jobs being created  in the U.S. under Obamacare were part-time.  While this made the unemployment roles look good, it was 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 thousand 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 demonstrated that it was 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.

But wasn’t Obamacare  designed to be like Romneycare, which was passed by Mitt Romney when he was a Republican governor of Massachusetts?  That’s what politicians said to justify Obamacare, but that’s “bull”.  Romneycare only affected about  8% of the Massachsetts population or about 6.5 million people.  Obamacare covered everyone except those exempted by the President, or about 300 million Americans.  Romneycare did not have penalties or mandates that Obamacare did until it was repealed by President Trump in the new tax cuts law. The very few good aspects of Obamacare, pre-existing conditions and coverage by parents’ insurance until age 26, could 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.  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.

An opportunity for Obamacare to be either repealed and replaced came 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.  Legislation failed in 2017 but hopefully will be attempted again if Repubilcans can win more Senate seats in the 2018 Congressional elections.

 

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