Exchanges See Little Progress on Uninsured


#1

Early signals suggest the majority of the 2.2 million people who sought to enroll in private insurance through new marketplaces through Dec. 28 were previously covered elsewhere, raising questions about how swiftly this part of the health overhaul will be able to make a significant dent in the number of uninsured.

Insurers, brokers and consultants estimate at least two-thirds of those consumers previously bought their own coverage or were enrolled in employer-backed plans.

online.wsj.com/news/articles/SB10001424052702304149404579326992266662838

And then there are the millions who have already lost their individual health insurance and milions more who are going to lose their employer provided health coverage in the coming year, all “thanks” to Obamacare.


#2

It’s not a pretty picture. That’s for sure.


#3

I have personally said this before on other threads here, but I do believe that these ACA plans are going to be unaffordable for many low-income people, even with the tax subsidies. These are the people that I am talking about, who don’t qualify for Medicaid. What will they do?

I don’t know how they will be able to come up with the monthly premiums.

Sure, they can pick a really low monthly premium, but then have a really huge yearly deductible, or they can pick a more moderate deductible, and then have a monthly premium that costs several hundreds of dollars a month. This leaves everyone right back where they started from, in my opinion.


#4

Nothing about the core principles here surprise me.

Government gets involved, government screws it all up. :rolleyes:

Rinse, Dry, Remove, Place, Repeat.


#5

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