Tags: Policy Adviser | Prediction | Obamacare | No Good

Policy Adviser Predicted Obamacare Wouldn't Be Affordable

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By    |   Friday, 28 October 2016 11:34 AM

Policy adviser and health insurance analyst Robert Laszewski said he predicted the problems the Affordable Care Act would create and "the future is not good."

During an interview with The Daily Signal's "Full Measure" on Sunday, Laszewski said he told "the Obama administration, Democrats — every Democrat I could find" not to call the program "the Affordable Care Act."

One of the downfalls of the program is that not enough healthy people signed up for it to pay for the sick patients who did signed up "because the insurance plans that people are being offered just simply aren't of good value."

"If you only provide a health insurance plan that the sickest people buy, you can't charge enough. You can never charge enough," Laszewski said.

The premiums are too expensive and the deductibles and co-pays too high, and the act was supposed to ensure access to affordable health insurance, he continued, and "for someone who's not getting a subsidy, who's paying the full cost of the insurance, it's likely they are now paying about double what they paid before under the old market, where only healthy people could get in."

Prices have increased dramatically for users. Premiums will increase by an average of 25 percent in the 38 states that use the program.

Health and Human Services Secretary Sylvia Matthews Burwell pushed back against criticism of Obamacare, telling CNN that for the 150 million people who have employer-based health plans, the last five years have seen the slowest growth in their premiums.

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Policy adviser and health insurance analyst Robert Laszewski said he predicted the problems the Affordable Care Act would create and "the future is not good."
Policy Adviser, Prediction, Obamacare, No Good
253
2016-34-28
Friday, 28 October 2016 11:34 AM
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