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Five Reasons Why Obamacare is a FAILURE

Obamacare

Some of the strongest evidence that Hillary Clinton is the Left’s establishment candidates is her unwavering defense of ObamaCare. She’s gone out of her way to defend the law during many of the Democrat debates.

Her only complaint would probably be that it’s not liberal enough. In January she stated that it’s a “path to universal health care,” and that she wants us to “defend and build on the Affordable Care Act and improve it.”

If those “improvements” she has in mind are anything like the law itself, we can hardly expect them to improve anything.

Let’s just look at the failure of ObamaCare thus far. Melissa Quinn at the Heritage Foundation’s Daily Signal has read us the score:

The Cost of Healthcare.gov

 

Just six people successfully signed up for health insurance on HealthCare.gov on Oct. 1, 2013, because of massive glitches and failures with the site. In the months that followed the disastrous launch, the Republican-led House of Representatives held numerous hearings to determine why the Obama administration decided to launch the website.

Though the Obama administration hasn’t formally said how much HealthCare.gov cost the taxpayers, Department of Health and Human Services Secretary Sylvia Mathews Burwell said last May that the website cost $834 million. Similarly, a report from the Department of Health and Human Services Inspector General put the cost of the exchange at $800 million.

2014 Enrollment 

According to the Obama administration, 9.25 million consumers enrolled in coverage in 2014 on the federal and state-run exchanges.

An analysis of enrollment figures found that the majority of those enrollees qualified for Medicaid under Obamacare’s loosened eligibility requirements.

Co-Ops

The ACA allowed for the creation of consumer-operated and oriented plans, or co-ops, that were intended to inject competition into areas where consumers had few choices. The Centers for Medicare and Medicaid Services awarded $2.4 billion in start-up and solvency loans to the 23 co-ops that were eventually created.

Now, 12 of the 23 co-ops that opened their doors in 2013 have shuttered, and Republicans in Congress are questioning whether the taxpayers will see the $1.2 billion loaned to those failed insurers repaid.

…And 2015 Enrollment

Earlier this month, the Centers for Medicare and Medicaid Services announced that nearly 8.8 million Americans had “effectuated” coverage at the end of 2015, meaning they were paying their health insurance premiums.

The agency praised this number as a sign of Obamacare’s success in expanding access to coverage.

However, health policy experts noted that there was a significant drop in the number of consumers who selected plans at the start of 2015—11.69 million—when compared to those who continued paying their premiums through the end of the year—8.78 million.

Declining Insurer Participation 

Though Obama credited the Affordable Care Act with expanding access to health insurance and increasing competition among insurers, insurer participation in each state and the District of Columbia found that participation in the exchanges declined from 2015 to 2016.

When compared to 2015, 22 states and the District of Columbia have fewer insurers offering coverage on the exchanges in 2016. Just 10 states have more insurers offering coverage on Obamacare’s exchange.

For one reason or another, people are noticing. According to one CNN poll, twice as many Americans say ObamaCare has hurt them than say it’s helped them. Maybe it would be three or four times as many under Hillary’s plan.

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