EDITORIAL: ‘Trumpcare’ implosion doesn’t mean ‘Obamacare’ is fine
OK, but who's going to clean up the mess left by the Kill Obamacare fiasco? The law still has flaws that need to be fixed, and they can be without repealing the statute and starting over again.
House Speaker
The president sent clearer signals to the so-called
A rift between Trump and the Republican right, which has long been suspicious of his political persuasion, could benefit the nation if it gets to work with some
Repairing the Affordable Care Act would be a great place for bipartisanship to break out. It's easy to see the ACA's main problem. Insurance companies aren't making the profits they expected because Obamacare has brought them more old and sick clients than they anticipated. To compensate for that, the insurance companies are jacking up premiums in some markets or pulling out altogether.
Those solutions only exacerbate the problem. Higher premiums lead to fewer enrollees, which leads to insurance companies dropping out of markets, which decreases competition, which leads to higher premiums. The preferable cure for what ails the insurance companies is to get more young and healthy people to enroll in their ACA plans. But how?
Providing larger subsidies to insurance purchasers is one way to do that. That's the route used in 2003 by another
Larger subsidies are just one idea. Another is providing a public option for insurance purchasers, which would ratchet up competition and lower prices. That may be a bridge too far for conservatives who get the vapors at the mention of anything they construe as socialized medicine. But the point is that Obamacare's predicted implosion can be avoided if the people elected to make laws that work would put aside politics and get busy.
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