Something to think about for many is Obamacare the code name for the Affordable Care Act which President Obama says has “surpassed his wildest expectations.”
Our President has celebrated many successes. After a shaky start the numbers of Obamacare enrollees topped the 11 million mark after the 2015 Open Enrollment period. Using government numbers the uninsured number in America dropped to 11.9%. About 3 million of those with insurance were youngsters allowed to stay on their parent’s plans.
Last week the Supreme Court relived pressure concerning the constitutionality for the controversial plan. Many Americans now have healthcare that previously did not. Among these are people with pre-existing conditions and others that were uninsurable.
Despite all these positives there are many who question the wisdom and long term workability of Obamacare.
The questions start with unkept promises.
Patrons were promised by the President three things: they could keep their doctors; keep their plans intact and that premiums would go down due to increased efficiency.
Unfortunately these promises have not been kept. And, the other shoe is starting to drop with renewal rates for people who have had health insurance all along are starting to skyrocket in many places.
Economics don’t lie!
If more people have coverage and those new folks include many people with conditions the insurance companies were previously not willing to cover somebody has to pay.
President Obama is calling out state regulators concerning rate increases suggesting they need to do a better job of checking out the need for rate increases.
If Obamacare is what we remember President Barack Obama for – will it be for its’ great success or the opposite? Only time will tell!
Now there’s something to think about and I’m Steve Sauder.
