Healthcare costs are falling with Obamacare
Facts are a pesky thing. And the facts are clear that healthcare costs are rising at historically low rates since the introduction of Obamacare.
Healthcare costs are falling with Obamacare Facts are a pesky thing. And the facts are clear that healthcare costs are rising at historically low rates since the introduction of Obamacare. Obamacare costs less than expected Obamacare will cost $104 billion less over the next ten years according to the Congressional Budget Office. This is the latest in a string of good news for the Affordable Care Act, which now has signed up over 7.5 million Americans. The launch was disastrous, but now we’re seeing important progress. Disappointing launch for HealthCare.gov Calling the rollout of the website for the Affordable Care Act, otherwise known as Obamacare, is probably an understatement. It’s incredibly disappointing to hear the stories of problems with the website, as it’s so important to so many to have this access to affordable health insurance. Also, regardless of your political opinions, the law is here and for many people having this access will be critical. Don’t let the political hype dissuade you from trying it out. Still, it’s now likely that many people won’t try it, at not for a while, with all of the much-publicized problems with the website. Hopefully this update from HHS is a sign that they are serious about fixing the problems. They need to fix the problems, and then be diligent in letting people know as the site improves. Fortunately, the media is all over this, so if they finally get it right people should hear about it. Good news on Obamacare premiums
We’re finally getting close to the point where people can start buying insurance policies in the Obamacare exchanges, and all of the bluster about “rate shock” is running into reality. The bottom line is that the health care plan will be affordable for many people.
In some states like Wisconsin, Republican administrations are trying to push the notion that premium prices are rising, but the information they are putting out there excludes the subsidies available to many people. The key for everyone is to actually go into the health care exchanges once they are open and see for yourself what is available. Pleasant surprises in store for Obamacare? Here’s some welcomed good news from of all places California:
Guys like Paul Krugman are heralding these new numbers. If these numbers play out in other states as well, we could see a surge of people getting more affordable health insurance coverage. |