Obamacare is “working fine,” President Obama said yesterday in his press conference. It’s made health insurance “stronger, better, more secure than it was before.”
There are just a few slight details left to be implemented, but we shouldn’t worry about those, according to the President.
Right. There’s nothing to worry about, which is why Members of Congress are trying to exempt themselves and their staffs from Obamacare.
In reality, health insurance premiums are rising, and states—meaning taxpayers—are staring down some astronomical expenses. A new study from the Government Accountability Office cites Obamacare and Medicaid costs as budget busters for states that are just starting to get their budgets in order.
One of the biggest ways Obamacare planned to cover the uninsured was expanding Medicaid, the government health care program for low-income children, disabled Americans, pregnant women, and seniors. But this program isn’t quality care, and it needs major reforms. Heritage’s Nina Owcharenko, the Preston A. Wells, Jr. Fellow, has explained that expanding Medicaid is bad for patients and taxpayers alike. “Greater dependence on federal dollars tangles the states in bad fiscal policy and bad health care policy,” Owcharenko says.
Yesterday, President Obama dismissed Obamacare opposition from the states as political. But it’s a very real bottom-line issue. Heritage research shows that 40 of 50 states would see increases in costs due the Obamacare Medicaid expansion. In just three years, costs would exceed any potential savings that have been suggested.
A new poll from the Kaiser Family Foundation reports that more than half of Americans (53 percent) “approve of efforts by opponents to change or stop the law ‘so it has less impact on taxpayers, employers, and health care providers.’”
It sounds like Americans know better than the President how Obamacare is really going.
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