Only a cat seems to have more lives than ‘Obamacare’
Not to mention the massive computer crash when HealthCare.gov was launched.
The saga of the Affordable Care Act illustrates how difficult it is to do away with a government program once millions are benefiting. In the latest episode, three Republican lawmakers broke with their president and leadership to join
Sens.
"It came down to people who didn't like 'Obamacare' realizing this was going to take away their chances for coverage," said former Rep.
Despite its problems — rising premiums, shaky insurance markets — the ACA extended coverage to about 20 million people, reducing the nation's uninsured rate to a historic low near 9 percent. It delivered by combining two approaches: subsidized private insurance, and a Medicaid expansion for low-income people that 31 states have accepted. The
Never hugely popular, "Obamacare" actually saw an increase in support as the "repeal and replace" debate intensified.
An
"Whichever fan of the welfare state first applied the term 'entitlements' to these benefits was brilliant," said Brands. "People come to think they are entitled to them, and heaven help the politician who tries to take them away."
Said
Obama's office issued a statement Friday calling attention to the broader benefits of the ACA, including free preventive care and a greater focus on improving the quality of hospitals.
Those get less notice than the coverage expansion, but affect more people. For example, contraceptives are now provided free of charge to most women, a policy the Trump administration is seeking to narrow. And when people with employer coverage get routine colonoscopies, they no longer face a copayment for the test.
"It's about the dreams protected, and the untold misery and ruin prevented," said the statement from Obama's office.
President
Trump talks about "Obamacare" as if it's on the verge of collapse, which does not reflect reality everywhere. The Medicaid expansion, which has added about 11 million to the insurance rolls, operates more or less on automatic pilot even if costs are a concern. Private insurance markets are in trouble in some states, but not in others. People eligible for ACA subsidies are shielded from premium increases, but not those who buy coverage outside the health law's markets, many of whom face another year of double-digit premium hikes.
Trump tweeted what appeared to be a veiled threat after the
"It is time for it to stop being Obamacare or Trumpcare," said Slavitt. "We need to make it something that everybody owns."
Much of the public and the private sector already seem headed in that direction, said Slavitt. The question is whether the politicians will join them.
"



Rep. Luetkemeyer Issues Statement on Senate Failure to Repeal Obamacare
Rep. Newhouse Issues Statement on Senate Health Care Vote
Advisor News
- The 3 things that shrink your Social Security income
- Proposed legislation takes aim at Social Security shortfall
- The overlooked retirement security risk that must be addressed
- What advisors should know about hedge funds in retirement planning
- Retirement control is top success measure for middle class, ACLI says
More Advisor NewsAnnuity News
- Built-in guaranteed annuities: What advisors should know
- Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
- Why job boards are failing insurance agencies
- MassMutual Ranks No. 100 on the 2026 Fortune 500® List
- What’s fueling record annuity growth?
More Annuity NewsHealth/Employee Benefits News
- Obamacare premiums surged this year. A new analysis shows it's likely to happen again in 2027
- An aging population needs advisors to cut through the confusion
- Meet 'Project 2029' — and its war on the annoyance economy
- New Findings from Johns Hopkins University School of Medicine in the Area of Barth Syndrome Reported (AMCP Market Insights: Managed care considerations in Barth syndrome): Heart Disorders and Diseases – Barth Syndrome
- Findings from Shari L. Hutchison and Co-Researchers Provides New Data on Health and Medicine (Community Health Worker Intervention to Decrease Substance Use Disorder Readmissions in Medicaid-Enrolled Adults): Health and Medicine
More Health/Employee Benefits NewsLife Insurance News
- Best's Review Leaders Issue Ranks Top Global Brokers and More
- Fortitude Re Announces $3.8 Billion Long-Term Care Reinsurance Agreement with Unum Group
- Unum Group Announces $3.8 Billion Long-Term Care Reinsurance Transaction with Fortitude Re
- Before you debate premium financing, understand the bigger picture
- NAIFA praises House committee approval of Clarity for Compensation Act
More Life Insurance News