I ran across two interesting articles on FiveThirtyEight related to health care. It’s good to understand the history of our weird hybrid system and important to know the facts – but depressing.
[A Department of Health and Human Services
report says] health insurance marketplaces set up by Obamacare were relatively stable in 2016. Contrary to the “death-spiral” narrative, the CMS report found that the mix of healthy and sick people buying insurance on the Obamacare marketplaces in 2016 was surprisingly similar to those who enrolled in 2015.
That doesn’t mean the marketplaces are working for everyone. There are millions of people who don’t qualify for subsidies, face high prices in the private market and likely haven’t enrolled in insurance as a result. That’s a problem that needs solving, but it’s a different problem than the marketplaces being in a death spiral.
The agony of repeal and replace is unnecessary – the current political agony and future individuals’ agony if the CBO’s estimate of who loses health care is roughly correct. A bipartisan effort to repair the dysfunctional parts of the Affordable Care Act (drop Obama’s name and maybe the Red Team will feel better) could succeed. Especially if followed by an honest effort to tackle the nation’s real problem – rocketing health care costs. Continue reading