EDITORIAL: Thursday’s Affordable Care Act gets mixed grades, but cost remains No. 1 issue
In the matter of the Affordable Care Act, about one-third of Americans don't even realize it's the same thing as that controversial word, Obamacare.
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See Also
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So
Here are our grades:
Access: Incomplete.
On access, it is a partial success. About 20 million more Americans have health insurance, but not everyone.
Financial security: Success.
More Americans are protected from bankruptcy caused by medical bills. The law allows children up to age 26 to remain on the parents' health insurance, it prohibits lifetime limits and it prohibits denial for preexisting conditions. These conditions are widely accepted by
The
Affordability: Failure.
All of the good parts of Obamacare are at risk because it is not affordable for many people, especially the middle-class people who don't qualify for subsidies.
The fatal flaw of the Affordable Care Act has always been its failure to sufficiently deal with cost. The political ploy seemed to be to provide more Americans with health insurance up front and deal with cost later.
The results now can be seen as major insurers pull back from the federal exchange market.
States such as
Many insurers are losing money on the federal exchanges.
Insurers have been reducing doctor networks and raising deductibles to the point that the insurance doesn't make sense. As a result, 6.5 million Americans chose to pay penalties last year. The average penalty was about
A Kaiser Health Tracking Poll asked adults for their health priorities.
Repealing Obamacare falls behind these priorities involving cost:
--Lowering the amount people pay for health insurance.
--Lowering the cost of prescription drugs.
--Dealing with the prescription painkiller epidemic.
Simplicity: Failure.
Many working people see all the choices involved in Obamacare as confusing; some would just as soon try
"Selecting the right health plan is often frustrating and impossible for Americans unsure of their health needs," the
The original promise, if you like your plan, you can keep it, was broken.
Improved health: Too early to tell.
Health involves a combination of personal lifestyles along with medical services. Healthy people use good diet, have exercise and get regular checkups.
A small percentage of Americans use a large share of the nation's medical care. These are people with multiple chronic conditions, such as obesity, diabetes and heart conditions, who need outstanding primary care to stay out of hospitals and emergency rooms.
In fact, the 10 percent of patients with the highest medical costs accounted for 66 percent of health spending, according to the
Chronic diseases are among the most expensive based on 2013 figures:
--Diabetes:
--Heart disease:
--Back and neck pain:
Spending on diabetes is increasing at 6 percent per year.
MEDICAID EXPANSION
Many of the chronically ill Americans turn to
Expansion of
It seems likely that the Trump administration would go along with one of the Republican plans that involve fewer federal strings with expansion of
Two Republican-dominated states,
SAFETY
Obamacare presumed that by expanding
When
If Obamacare is repealed, safety net hospitals will need subsidies restored.
REPLACING RESPONSIBLY
Americans generally have good common sense as shown by a recent Rasmussen poll regarding the repeal and replacement of Obamacare.
A majority, 56 percent, said the president and
In short, keep the good parts and either improve or replace the failing ones.
Only 30 percent say the entire law should be repealed and start over.
KEY TO SUCCESS
To keep insurers involved in the federal exchange, there is one simple solution, writes health insurance industry analyst
Insurance carriers must be subsidized for the losses they incur from taking on sick patients.
This has been called a bailout by critics, but somebody has to find a way to pay for these expensive patients.
Without this, a replacement plan will be a "fiasco," Laszewski told Vox.
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