Who Is Lying About Insurance Now?

It’s a funny thing about facts and newspapers. Many times they don’t get along, This article in the USA Today is called CDC: 1.1 million more Americans lost health insurance coverage in 2018 Here are their highlights but please read the whole thing so you don’t think I am cherrypicking:

  • Efforts by the Trump administration and Congress to challenge and loosen requirements of the Affordable Care Act probably played a role in some going without coverage, analysts said. 
  • Derksen said a strong economy means more low-income people probably moved from Medicaid coverage to health insurance through a job. That won’t necessarily make health care more affordable for those whose health plans shift costs to them through higher deductibles and co-payments.
  • The CDC survey says the number of Americans in high-deductible plans reached an all-time high, covering 45.8% of people with private health insurance in 2018. In 2010, 25% of people with private coverage had high-deductible plans. 
  • Gallup survey found that Americans borrowed $88 billion to pay for health care last year, and one in four people skipped care because of cost. 
  • The CDC survey followed a Congressional Budget Office report issued last month last month that found a similar decline in health coverage after years of gains under the Affordable Care Act. 

So, the headline is supposed to scare you into thinking that something this administration did has left people uninsured. No. The booming economy pushed people off Medicaid and then they realized they cannot afford the UNAFFORDABLE care from the ACA. Those people who try to get insurance have to use high-deductible plans but they are using them just for catastrophic care because they can’t afford regular care.

Oh, and about that last item, that CBO report, I would defer to this article:

  • All of the increase in the uninsured over the past two years — all of it — is the result of the massive rate increases Obamacare’s mandates and regulations caused. According to the Health and Human Services Dept., premiums in the individual insurance market doubled from 2013 to 2017. They shot up again in 2018.
  • For those eligible for Obamacare subsidies, the rate increases were meaningless. The amount they had to pay didn’t change much, and in many cases went down.
  • But for the millions of middle-class Americans who buy insurance coverage on the individual market and aren’t eligible for Obamacare subsidies, the result has been financially devastating.
  • As the table above shows, from 2016 to 2018, the number of people getting subsidized coverage through an Obamacare exchange increased by 100,000. The number enrolled through Obamacare’s Medicaid expansion climbed by 700,000.

That list above is from the last cited source. Let’s be honest the ACA was horrific because it gave insurance companies, an integral part of the Medical Axis of Evil, the ability to do what they want. They doubled premiums and gave less care. They suck. End of story. And people are trying to get out of this penalty because they can’t afford it. You can write any headline you want but the exodus of insured people is due to the ACA legislation.

Get our awesome newsletter by signing up here. We don’t give your email out and we don’t spam you.

134110cookie-checkWho Is Lying About Insurance Now?