Wednesday, January 22, 2014

Resolved: Obamacare Is Now Beyond Rescue - Bloomberg

"In a nutshell, Obamacare has so far fallen dramatically short of what was expected -- technically, and in almost every other way. Enrollment is below expectations: According to the data we have so far, more than half of the much-touted Medicaid expansion came from people who were already eligible before the health-care law passed, and this weekend, the Wall Street Journal reported that the overwhelming majority of people buying insurance through the exchanges seem to be folks who already had insurance. Coverage is less generous than many people expected, with narrower provider networks and higher deductibles. The promised $2,500 that the average family was told they could save on premiums has predictably failed to materialize. And of course, we now know that if you like your doctor and plan, there is no reason to think you can keep them. Which is one reason the law has not gotten any more popular since it passed."
Do you get the feeling that most of those who were i support of the ACA will still be saying "Yes but" to most of these objections?  IOW, because they were personally invested in the meaning of the law - government will help people who need help, damn the costs and loss of liberty! - they will view the law's deep flaws as cosmetic issues that hardly matter in the context of all the good that is surely to come from this political triumph.

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