Even Obama acknowledges that major improvements are in order. Any major new program needs tweaking, and
Since it went into effect, the percentage of uninsured Americans has dropped from 16 percent to 8.6 percent today, the lowest rate in 50 years.
Health care costs are increasing at record low rates, contrary to critics'
All told, the
It's a simple fact that when more people get routine checkups and preventive care, it significantly lowers the cost of chronic and catastrophic care.
Because the state has more options for consumers under Covered California, they are likely to find coverage with rate hikes that average 5 percent next year. Overall,
The key to keeping premiums down, as always, involves getting enough younger, healthier people to purchase insurance. This offsets the higher medical costs for older, sicker people.
Unfortunately, this is a hard sell for young folks just starting out. The program needs greater incentives for them to purchase insurance rather than paying the fine for non-insurance and gambling they won't get sick. Federal subsidies could help insurers take on sicker, older patients, attract more insurers into the system and lower premiums for consumers, all still at less public cost than pre-Obamacare.
Repealing Obama's 2010 accomplishment isn't the answer. Building a stronger, improved insurance marketplace and working to lower medical costs is.
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