Monday, June 27, 2016
Obamacare Is Saving Even More Money Than Expected
When Obamacare (the Affordable Care Act) was passed, Democrats said it would save money. Republicans disagree, saying it would cost much more than doing nothing. It turns out that, once again, the Republicans were wrong. Obamacare is not just saving money -- it is saving much more than even the Democrats expected it would save. And it's not just saving a little bit. It's saving $2.6 billion more than it was expected to save (according to researchers at the Urban Institute).
Add to this the fact that over 20 million more people are now covered by health insurance, and any rational person would have to admit that Obamacare has been a huge success.
That does not mean it is perfect. We still have about 11% of the population without health insurance coverage -- and that is unacceptable. But we are in a lot better position than if the Republicans had gotten their way -- to do nothing.
Now we need to get busy making Obamacare even better by finding a way to cover ALL Americans with health insurance. That won't happen if the Republicans win the White House, or retain control over Congress. The only way our health system can be improved is to make sure Hillary Clinton is our next president, and control of Congress is flipped to the Democrats.