Wednesday, July 17, 2013

The trouble with Obamacare

From the GOP's perspective the biggest problem is Obamacare is working too well.
Individuals buying health insurance on their own will see their premiums tumble next year in New York State as changes under the federal health care law take effect, Gov. Andrew M. Cuomo announced on Wednesday.

State insurance regulators say they have approved rates for 2014 that are at least 50 percent lower on average than those currently available in New York. Beginning in October, individuals in New York City who now pay $1,000 a month or more for coverage will be able to shop for health insurance for as little as $308 monthly. With federal subsidies, the cost will be even lower.
This is just the latest report I've seen of plunging insurance rates coming from states that aren't deliberately trying to sabotage a successful implementation of the provisions. Meanwhile back in Boehner's House of Dysfunction, Republicans are still desperately trying to cripple the entire bill.
The House has scheduled votes later Wednesday to delay the law’s individual and employer mandates, the 38th time the GOP majority has tried to eliminate, defund or scale back the program since Republicans took control of the House in January 2011.
And that's not all that's troubling the GOP. Booman points out "an Obamacare pilot program successfully demonstrated that we can save money in Medicare."

Granted this behemoth bill is far from perfect for many reasons but when people start seeing their rates fall for the first time in many years and costs coming down, I suspect public opinion will warm up considerably. Which is of course, the GOP's worst nightmare.

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