Friday, June 26, 2015

Supreme Court's Missed Opportunity On ObamaCare

ObamaCare is a broken and bad law and most people know it.

In the latest NBC/Wall Street Journal poll conducted from 6/14 to 6/18, only 8% thought that the President's healthcare program was working well; the rest said it either needed to be changed or repealed. Similarly, a 6/10 to 6/14 poll by CBS/New York Times found that only 9% thought that the law should be kept as is. In a May 29-31 poll by CNN and ORC, only 11% thought ObamaCare was a success.

However, with the latest Supreme Court's decision on subsidies, it will continue as is for at least another year and a half that Obama has left in office.

Had the high court ruled otherwise, Congress would have been forced to do something about it because the loss of subsidies would have been the leverage that the GOP needed to make major changes.  Changes that the President would have to accept, and not veto, because the lack of subsidies would gut the law's major attractiveness for low income enrollees.  The vast majority of those enrolled (86%) have only signed up because they were getting subsidies which cut their monthly premiums by an average of 72%. Yet, we still have 35 million Americans who are uninsured because they can't get subsidies, and therefore can't afford insurance under, laughably, the Affordable Care Act . Compare that to the only 10.2 million who have signed up for ObamaCare over the last two years with only 1.4 million (14%) of them paying full-price.

References:

Supreme Court saves Obamacare: http://www.cnn.com/2015/06/25/politics/supreme-court-ruling-obamacare/

Polling Report: Summary of Health Policy Polls: http://www.pollingreport.com/health.htm

86 Percent of Health Law Enrollees Receive Subsidies: http://www.nytimes.com/2015/03/11/us/11-7-million-americans-have-insurance-under-health-act.html?_r=0

Meet the Health-Law Holdouts: Americans Who Prefer to Go Uninsured: https://www.google.com/search?q=Meet+the+Health-Law+Holdouts%3A+Americans+Who+Prefer+to+Go+Uninsured&ie=utf-8&oe=utf-8

ObamaCare sign-ups officially beat 2015 goal: http://thehill.com/policy/healthcare/243771-obamacare-sign-ups-officially-beat-goal

Obamacare subsidies cut premiums by average of 72 percent: HHS: http://www.washingtontimes.com/news/2015/feb/9/obamacare-subsidies-cut-premiums-average-72-pct/?page=all

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