The Obama administration is campaigning to increase enrollment via Obamacare, especially among the younger healthier population in an effort to mitigate the adverse selection that is driving higher (than promised) premiums.
As the Wall Street Journal states:
The messages will note that financial assistance will enable most consumers who buy coverage on the exchange to purchase a plan with a monthly premium between $50 and $100. Subsidies blunt the impact of higher premiums for many consumers on the exchanges.
While subsidies may blunt the impact of higher premiums for consumers, they don’t do much to blunt higher costs for taxpayers. Because Obamacare has not controlled and never could control, let alone reduce health care costs, we have in place another success sounding, reality failed entitlement program that will continue to grow in cost unabated.
Premiums should not have been the focus of any of this affordability, but rather the health care system that drives premiums is the real issue. But, of course, that would have been an inconvenient message and would not have allowed politicians to scapegoat insurance companies that most Americans believe are the culprits. 🤓
Nobody ever asked, how will health care be made more affordable, how will lower premiums actually be achieved?
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