Remember when Obamacare was 'saved'? It wasn't
It was only about a week ago that Democrats were celebrating the failure of the Republican repeal effort.
There was two problems with that spin.
One problem is that unsubsidized Obamacare is rapidly becoming unaffordable.
On the premium front, the early signs for 2018 are alarming. Those obtaining individual insurance via Obamacare in Florida are looking at an average premium hike of 45 percent. In neighboring Georgia, the state has approved increases of more than 50 percent based on the assumption that insurers cannot rely on getting those CSR reimbursements. Utah’s looking at a 39 percent average increase in premiums, with uncertainty over CSR again being a big factor.
This follows last year's pre-Trump 25% premium increase.
Not only are those kinds of hikes unsustainable, they are increasingly pricing out everyone not getting a government subsidy. Which make Obamacare a taxpayer wealth transfer instrument to private insurance companies.
Democrats like to say how successful Obamacare is, and that's why we can't fight for Medicare For All, because we must protect Obamacare.
But anything that is having price increases of more than 25% year after year is something that will soon implode.
The problem is the only ones defeated were Republicans in Congress.
The Trump Administration still had plenty of cards to play.
As part of the executive order, Trump will exempt “association plans” from the strictures of the Affordable Care Act. This means that small businesses will be able band together to buy insurance coverage as a group, allowing them to negotiate lower prices and premiums for employees. But it also means that the health-care plans they purchase are not required to cover essential health benefits like preexisting conditions, maternity care, and other basics of Obamacare.
The Trump administration will allow virtually any employer to claim a religious or moral objection to Obamacare's birth control coverage mandate under a sweeping rollback announced Friday.
The Department of Health and Human Services recently moved to significantly reduce the length of the Obamacare open enrollment period later this year...HHS also dramatically reduced the budget for Obamacare outreach programs that helped to drive enrollment for exchange plans.
The Trump administration has also continued to toy with the critical so-called cost-sharing reduction (CSR) payments, which help offset costs to insurers that offer plans with low out-of-pocket costs to poorer Americans.
The Trump administration has been doling out the payments on a month-to-month basis without providing a long-term plan.
The administration has also made moves to try to prevent some states from attempting to stabilize the health law.
Democrats should be screaming about this. Obamacare won't survive three more years at this rate.
But for political reasons the Dems aren't saying much.