Politics

New Study Reveals GRAVE Consequences of ObamaCare

As liberals tell us, over 20 million people were insured thanks to ObamaCare. When President Trump repealed ObamaCare’s individual mandate (the penalty on people who don’t purchase insurance), it wasn’t uncommon to see fear-mongering that 20 million people were about to be kicked off their insurance plans.

In reality, 14.5 million of the 20 million people who gained insurance through ObamaCare were added to Medicaid and the Children’s Health Insurance Program (CHIP). In other words, by just expanding coverage from existing government healthcare programs. Trump did nothing to change this, but it is worth noting that according to a new study, it’s still hardly an ideal way of ensuring Americans.

As reported by Investors Business Daily:

A new study finds that at least 21,900 people on Medicaid have died waiting for treatment in states that expanded Medicaid eligibility under ObamaCare. The reason, the Foundation for Government Accountability report says, is that ObamaCare opened Medicaid up to millions of able-bodied non-poor adults. That created a surge in demand for scarce Medicaid resources, forcing the poor to wait longer for services.

And those insured by ObamaCare exchanges aren’t getting a great deal either:

73% of plans offered in the exchanges impose narrow network restrictions on members. If you go out of network, you often get zero coverage. Despite these restrictions, ObamaCare plans also charge budget-busting premiums.

The average deductible for a “Silver Plan” on the ObamaCare exchanges is now around $4,000.

As an alternative, the Trump administration issued proposed rules that would let insurers offer short-term plans that last 364 days. These plans wouldn’t comply with ObamaCare, which currently mandates such plans can only last three months.

While hardly ideal, such plans are still a better alternative to ObamaCare for most people. The average premium for a 30-year old on a short-term plan is just $110 a month — less than a third of a Silver Plan on ObamaCare.

Should Trump undo the rest of ObamaCare? Let us know your thoughts in the comments section below. 

Matt

Matt is the co-founder of Unbiased America and a freelance writer specializing in economics and politics. He’s been published in The American Thinker, Rare, The Foundation for Economic Education, The Ludwig von Mises Institute, and National Review. He is the author of the new book A Paradoxical Alliance: Islam and the Left. Follow him on Twitter at @MattPalumbo12.

View Comments

  • The article said that people died because too many able-bodied persons were able to receive Medicaid. That is not true. This writer does not have a clue about how people must qualify for Medicaid and what it pays for.

  • What Ovomit truy meant was, "if you like your illness, you can keep it." Ovomitcare's motto ought to be hurry and die.

  • An associate is married with 3 children. As an independent financial planner, he is required to obtain insurance through Ocare exchanges. Before he receives a dime back from Ocare, his out of pocket expenses including premiums and deductibles is over $45K.

  • YES!! This entire 0'Bama(don't)Care fiasco is/was a part of the NWO agenda to destroy America from the INSIDE! If the 'economic burden" is greater than the available FUNDS; HELLO? 0'B was merely the "Pretend President" while 'sorrows' controlled everything else, including HIM!

  • The Republican Party has economists, let rhem design a healthcare plan. The problem is that most insurance companies are owned and operated by Repubs; they only want to make money for themselves and their executives. The muli-million dollar salaries they pay themselves and their executives could be used to lower premiums. If you all suffer enough, maybe your representatives will future out a way to help you.

  • Taxpaying furtive citizens have become financially marginalized approaching insolvency due to Ocare premiums and deductibles. All for 5% of the population.

  • Taxpaying furtive citizens have become financially marginalized approaching insolvency due to Ocare premiums and deductibles. All for 5% of the population.

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