Wednesday, July 19, 2017

Two Million Added to ObamaCare Group of Uninsured This Year

The media have made a big deal out of the fact that about two million people have been added to the group of people with no health insurance this year.  Examples of coverage are in Time, CNN, and the NYT.  When commentators talk about this decrease in coverage on TV, they try to pin responsibility on Trump and the GOP, when in fact it is due to problems with ObamaCare.  All of these print articles point out that the reason for the decline is that millions of young, healthy people are leaving ObamaCare, because it’s a bad deal.  ObamaCare counted on young, healthy people’s insurance payments to subsidize coverage for older people with higher medical expenses.  Younger people are apparently deciding that it’s better to pay the ObamaCare tax penalty than to buy the ObamaCare insurance.  

This phenomenon is to some extent evidence that the Republicans are right.  If left alone, ObamaCare will self-destruct.  

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