Hat/Tip I Hate The Media.
So we screwed up the greatest healthcare system in the world, spent billions of dollars on websites that don’t work, ruined millions of health insurance polices for hardworking Americans – killing a few people in the process, by the way – and legislated the largest single tax increase in world history… for what?
From the National and State Impact Analyses of the ACA on Insurance Prices and Enrollment Beyond 2014:
Nationally, we estimate an initial decrease in the uninsured with greater use of the private health insurance subsidies, but over time health plan prices are likely to increase faster than the value of the insurance subsidy. As a result of the declining purchasing power of the insurance subsidy, the implementation of the qualified health plan requirements and the end of the reinsurance and risk corridor programs we estimate a significant reduction in the private insurance market in 2017 with steady declines continuing for the rest of the decade.
Read the full study here.