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Clinton vs. Clinton on ObamaCare

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This editorial in the WSJ describes the sharp increase in premiums under the Affordable Care Act of president Obama. The average premium increase is about 24.2% according to a Barclay's analysis, and as high as 43.9% in states such as Illinois. Bill Clinton calls it the craziest thing with small business affected, and some premiums doubling. Of the 17 million people in the individual market eight million buy without subsidies. One in five enrollees cannot qualify for subsidies. Democrats say subsidies are too small. Hillary Clinton has proposed to have a Medicare "buy-in" for people ages 55-65, and a "public option" government run plan. Republicans want to rewrite the law. But this depends on which party wins the Senate, with the election in Missouri giving Democrats an opportunity to maintain a Senate majority.


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Under the Obama healthcare law (Obamacare) businesses can opt to pay a fine of $2000 instead of providing coverage. The people losing coverage are then put in an exchange where they can buy insurance, with those whose premiums are more than 9.5% of income receiving subsidies. The incentive for employers to pay the fine and dump workers on the exchange can put 11 million to 80 million additional people on the exchange. The cost of the Obama health care law would rise significantly as a result.

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Surveys: Health insurance costs shifted to workers, even as premiums surge - The Washington Post

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Health Insurance Companies Seek Big Rate Increases for 2016

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Price increases of upto 20% in 2015.

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Cost of Coverage Under Affordable Care Act to Increase in 2015

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Clinton vs. Clinton on ObamaCare

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Clinton vs. Clinton on ObamaCare

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The impact of the Affordable Care Act (Obama healthcare law) on small business in the U.S.

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Clinton vs. Clinton on ObamaCare

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Americans worry, cheer as Congress moves to upend the Affordable Care Act

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The Big Health Fix Bruises Ryan and Trump

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Coverage for the 10-12 million people who buy medical insurance on their own under the Affordable Health Care Act (Obama Healthcare Law)

10/29/2013

These people have to sign up for new plans in 2013 compared to the about 149 million people who have employer coverage and do not have to change their plans. Under the new law people cannot be denied coverage for preexisting conditions and people with lower income will get subsidies for their premiums so they will benefit. Benefits are also more broader and more generous. To pay for this insurance companies are charging others higher premiums.

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People Who Buy Insurance on their Own Face Big Changes

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The Affordable Care Act 26,794

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Uninsured Skeptical of Health Care Law in Poll

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Supreme Court Allows Nationwide Health Care Subsidies

New York Times 06/25/2015

Insurers, Hospitals Relieved as Supreme Court Upholds Subsidies

Wall Street Journal 06/26/2015


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