The White House threatened to veto a bill that passed the House Tuesday designed to protect individuals from being fined for not having insurance due to the collapse of their Obamacare co-op.
According to an analysis done for The Upshot by the McKinsey Center for U.S. Health System Reform, 17 percent of Americans eligible for an Affordable Care Act plan may have only one insurer to choose next year. The analysis shows that there are five entire states currently set to have one insurer, although our map also includes two more states because the plans for more carriers are not final. By comparison, only 2 percent of eligible customers last year had only one choice.
A similar analysis by Avalere Health, another consulting firm, also highlighted the increase in areas with only one insurance carrier.
Presidential Resignation: Good Move, Wrong President, David Henderson | EconLog | Library of Economics and LibertyNovember 12, 2015
one of Butler’s objections to President Wolfe was “graduate students being robbed of their health insurance.” If this is a big concern of Butler’s and not just a side issue, then Butler called for the wrong president to resign. He should have called for President Obama to resign. Why? Because what caused the University of Missouri to quit subsidizing graduate students’ health care was, you guessed it, Obamacare.
Is health care reform finding its footing—or fatally flawed? MIT economist and Affordable Care Act (ACA) expert Jonathan Gruber and Cato Institute Director of Health Policy Studies Michael Cannon share opposing viewpoints on the current state of reform.
Obamacare has so far functioned as an income transfer program in which middle income people finance Medicaid expansions and health insurance subsidies for the poor and near-poor. Most uninsured middle class people have so far declined to purchase insurance because the coverage isn’t worth the price. Their taxes are subsidizing coverage for others. It seems unfair to hit them with an additional tax for refusing to buy insurance for themselves, especially when that coverage is less valuable than the coverage they are subsidizing for others.
Obamacare’s “pay more, get less” regime has made remaining uninsured an economically rational decision even for millions of people who are eligible for subsidies. Which may explain why the government is underachieving in its efforts to persuade millions of people to buy a product they just don’t think is worth the price.
A patchwork of experiments across the country are trying to better manage these cases. The Center for Health Care Strategies, a policy center in New Jersey, has documented such efforts in 26 states. Some are run by private insurers and health care providers, while others are part of broader state overhaul efforts. The federal government is supporting some, too, through its $10 billion Innovation Center, set up under the Affordable Care Act.
Poor Krantz still believes the ultimate solution is “single payer.” But another liberal who encountered 1095-A hell has seen the light. San Francisco resident and former Obama supporter Melissa Klein exposed her ordeal with Covered California last week. The state exchange botched her 1095-A and then insisted she had never enrolled despite invoices she showed them documenting her premium payments. After hours in OPH, her case remains unresolved, and she can’t file her taxes. How is it, she wondered, that “Amazon can ship something to NYC in an hour,” but the White House and Covered California “can’t create a health care system that functions”?
Klein concluded, better late than never: “I no longer believe that the government should mandate health care. … A great idea is just an idea if you can’t execute. And the government has proved time and time again, it can’t execute.