New Report Proves Obamacare is a Massive Failure

 

A new report put out by the Congressional Budget Office (CBO) proves that Obamacare has been a massive failure. Shockingly, (of course I’m being sarcastic) the mainstream media has successfully avoided any discussion of the CBO’s latest report. We know why the media has been silent, they don’t want to violate the Democrats 1st Commandment – “Thou shall not say anything to make Big Government look bad.” Fortunately, facts are facts, and the information is out there and available for anyone interested in learning the truth to read.

The Weekly Standard did the hard work of getting the numbers and explaining exactly what they mean:

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Now that 2016 is here, the CBO says that just 177 million people, on average, will have private health insurance in any given month of this year—a shortfall of 24 million people.

Indeed, based on the CBO’s own numbers, it seems possible that Obamacare has actually reduced the number of people with private health insurance. In 2013, the CBO projected that, without Obamacare, 186 million people would be covered by private health insurance in 2016—160 million on employer-based plans, 26 million on individually purchased plans. The CBO now says that, with Obamacare, 177 million people will be covered by private health insurance in 2016—155 million on employer-based plans, 12 million on plans bought through Obamacare’s government-run exchanges, and 9 million on other individually purchased plans (plus a rounding error of 1 million).

In other words, it would appear that a net 9 million people have lost their private health plans, thanks to Obamacare—with a net 5 million people having lost employer-based plans and a net 4 million people having lost individually purchased plans.

None of this is to say that fewer people have “coverage” under Obamacare—it’s just not private coverage. In 2013, the CBO projected that 34 million people would be on Medicaid or CHIP (the Children’s Health Insurance Program) in 2016. The CBO now says that 68 million people will be on Medicaid or CHIP in 2016—double its earlier estimate. It turns out that Obamacare is pretty much a giant Medicaid expansion.

One of the plans put forward by conservatives years ago argued that instead of revamping the entire healthcare structure of our nation, we should simply expand Medicare and Medicaid to include the small minority of Americans who could not afford healthcare on their own. But Democrats wouldn’t hear of it. No, they argued instead that we must for the sake of “cost control” give government direct control over the healthcare industry. Now, 6 years later, costs have skyrocketed and in essence Obamacare has been a giant and unnecessarily large, Medicaid expansion.

Any way you look at Obamacare, it has been one massive failure, much like the Obama era itself.

The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by EagleRising.com


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