years on, the Affordable Care Act has failed to deliver what its name formally promised — and is shaping up to be decidedly unaffordable for taxpayers. Consumers ought to hope that Obamacare doesn’t make it to the age of five — and that lawmakers enshrine market-friendly, patient-centered reforms in its place.
Four years after passage — and six months after they were supposed to be fully operational — Obamacare’s insurance exchanges are still malfunctioning.
Online insurance marketplace eHealthInsurance estimated last week that Obamacare had pushed premiums in the individual market up by as much as 59 percent this year, thanks to its myriad and costly new benefit mandates, taxes, and fees. Industry officials now say that rates could double in many areas of the country next year.
With the cost of coverage skyrocketing, it’s no wonder that enrollment has lagged the Obama Administration’s goals.
One-fifth of those whom the Administration has counted as “enrolled”, don’t appear to have paid their premiums. So they don’t actually have coverage.
TPS was created in 2011, in time for our first 9/11 Truth Marathon. Many thanks to Jim and SkyBlueEyes for helping with the background design and layout and Sky, BP, IC Freedom and others for all the hours spent in the Conference room for our Popcorn & Movie Topic Nights.