Is ‘Obamacare’ really saving us money?

WSJ
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Remember Obamacare? The fight is far from over on the future of the Obama-era health insurance overhaul.

Republicans are making a list-ditch effort this year to turn the program and the money over to the state. This isn’t full Obamacare repeal, but would make a world of sense because states would be free to experiment and find ways to reduce costs and provide better services.

Democrats are adopting a new political spin, which is that everything is fine with Obamacare. They claim that the only reason premium and deductible costs keep exploding is because President Donald Trump repealed the individual mandate tax—which was nothing more than an unfair penalty on low-income families that can’t afford the high cost of the health law’s mandates.

But if Trump is to blame, why were the costs skyrocketing two years before Trump even entered the Oval Office?

The clear-eyed reality is that things aren’t going well with Obamacare. The predicted death spiral in the insurance market—higher costs cause more healthy people to drop coverage, which raises prices even more, and the cycle continues—is now irrefutably upon us. This law should really be renamed the UCA: the Unaffordable Care Act.

Read more at Heritage.org

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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!