The part that costs the most in insurance prices with Obamacare is the benefit that NO ONE wants to give up...them having to cover people with preexisting conditions....without raising costs to unplayable levels for that person that has heart trouble, or diabetes, or leukemia, or cancer, or MS, or epilepsy etc etc etc....
This is what is wrong with Obamacare
- Thread starter Votto
- Start date
JGalt
Diamond Member
- Mar 9, 2011
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More breaking news: "Today the Democrats decided to get the **** out of Trump's way, leaving him free to Make America Great Again..."
Ooops. That hasn't happened yet. Why don't you obstructionist Trump-hating pricks go find a deep hole to jump in?
JGalt
Diamond Member
- Mar 9, 2011
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Apparently you've never heard of tariffs, lower taxation, deregulation, and attracting corporations to set up shop in the US. But then, that's why you Democrats lost the 2024 election.
Winston
Platinum Member
Actually, millions did. Some saved far more. The ACA phased out the doughnut hole within Medicare Part D. And that phase out was financed by the pharmaceutical manufacturers, not the government.
But the biggest impact of the ACA, why it is supported by the vast majority of people. It eliminated health insurance servitude. I spent many years as a financial consultant. I kept meticulous records. I invested for income, not growth. People thinking of retiring came to me. And in many cases, the only reason someone was working was to provide health insurance to a spouse or child. The example I like to use is the Walmart greeter, remember them?
Probably, most of the time, that greeter was working to provide health insurance. Maybe the spouse was younger, not yet eligible for Medicare, so the older spouse has to continue to provide. Maybe it was the wife of a plumber, who depended upon that wife's group health insurance because he couldn't afford a policy on his own, or maybe he couldn't even qualify. And worst of all, maybe it was someone slugging out a W2 job despite strong entrepreneur skills because they were not comfortable losing that group health insurance.
When the ACA came along, I hit those files. I started contacting those people that were working just for health insurance and I helped them find a plan on the exchange. I didn't do it for commission, I did it with the client online. But my money under management exploded. I became a pretty popular guy. Many times, the cost of the ACA plan, with the subsidies of course, was cheaper than the group insurance they were paying, and there is no doubt, the quality of life for those clients improved dramatically.
Trump's problem is not us, it is himself.
Trump can do what he wants to make America Great again, as long as he doesn't break the law, or protocols, or regulations, or remove oversight etc.... in place for ALL Presidents to follow, and have followed, and not breaking the constitution.
He is a Man of lawlessness, having no restraints on himself, as if a King or Authoritarian, or Dictator and believes and runs his whole administration in that manner....
It's NOT Making America Great AGAIN if done in that manner, imo.
JGalt
Diamond Member
- Mar 9, 2011
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Stop. Just stop.
"AI Overview"
"The promise that American families would save $2,500 per year on health insurance premiums due to the Affordable Care Act (ACA) was a key projection made during the initial debate, but it was generally considered to be a "promise broken" by fact-checkers, and there is no data on the number of families that saved this specific amount.
Instead of an actual decrease in premiums by that amount, studies found that:
- The $2,500 figure was a projection of the potential decrease in the anticipated rate of healthcare cost growth, not an immediate, tangible reduction in existing premiums.
- Average family health care premiums generally increased in the years following the ACA's implementation, though the rate of growth was slower than in the years prior to the law's passage.
- By 2012, fact-checkers rated the claim of a premium cut for the typical family as a "Promise Broken" because an independent analyst projected premiums would go up, and the federal agency could not provide evidence of typical family premium decreases.
- In some cases, especially for those in the individual marketplace before subsidies were enhanced, premiums and deductibles rose significantly.
Ultimately, the specific figure of $2,500 in annual savings per family did not materialize as an across-the-board, tangible premium reduction, and the actual savings for families vary widely depending on income, location, and whether they qualify for tax credits. "
Winston
Platinum Member
AI? LMAO. But, correct in one respect.Stop. Just stop.
"AI Overview"
"The promise that American families would save $2,500 per year on health insurance premiums due to the Affordable Care Act (ACA) was a key projection made during the initial debate, but it was generally considered to be a "promise broken" by fact-checkers, and there is no data on the number of families that saved this specific amount.
Instead of an actual decrease in premiums by that amount, studies found that:
Many people have saved money on premiums through the ACA, but these savings are largely due to enhanced premium tax credits (subsidies), not an inherent reduction in the base cost of insurance as initially envisioned by the $2,500 figure. For example, a 2024 analysis by KFF found that enhanced tax credits saved subsidized enrollees an average of $705 annually, bringing their average annual premium payment down to $888. These subsidies have been essential for the over 22 million people currently receiving them.
- The $2,500 figure was a projection of the potential decrease in the anticipated rate of healthcare cost growth, not an immediate, tangible reduction in existing premiums.
- Average family health care premiums generally increased in the years following the ACA's implementation, though the rate of growth was slower than in the years prior to the law's passage.
- By 2012, fact-checkers rated the claim of a premium cut for the typical family as a "Promise Broken" because an independent analyst projected premiums would go up, and the federal agency could not provide evidence of typical family premium decreases.
- In some cases, especially for those in the individual marketplace before subsidies were enhanced, premiums and deductibles rose significantly.
Ultimately, the specific figure of $2,500 in annual savings per family did not materialize as an across-the-board, tangible premium reduction, and the actual savings for families vary widely depending on income, location, and whether they qualify for tax credits. "
The $2,500 figure was a projection of the potential decrease in the anticipated rate of healthcare cost growth, not an immediate, tangible reduction in existing premiums.
So, let's ask AI the right question.
The Affordable Care Act (ACA), or Obamacare, is widely associated with a significant slowdown in the rate of healthcare spending growth in the years following its passage, although the costs have continued to increase.
Key Effects on Healthcare Costs
- Slower Overall Spending Growth: Annual U.S. healthcare spending growth decreased from an average of 6.9% per year between 2000-2009 (pre-ACA) to 4.3% per year between 2010-2018 (post-ACA).
- Reduced Out-of-Pocket Cost Growth: A 2021 study in JAMA found that the average annual increase in out-of-pocket healthcare expenses for individuals fell from 3.4% (2000-2009) to 1.9% (2010-2018).
- Medicare Spending Reforms: The ACA included provisions aimed at reducing the growth in Medicare spending, such as reductions in the growth of payments to hospitals, other providers, and Medicare Advantage plans. These and related reforms contributed to a sustained period of slow growth in per-enrollee health care spending in Medicare.
- Debate over Causation: While the slowdown occurred after the ACA's implementation, the literature debates the exact role of the ACA versus broader macroeconomic factors during that period (e.g., the general economic slowdown after the 2008 recession). However, no studies have linked the ACA to an increase in the overall growth of healthcare spending.
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JGalt
Diamond Member
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Regardless of that, Obamacare is a failure, and was a failure from the start: A failed healthcare scheme based on the idea that government would subsidize the costs. The Biden/Harris administration actually put the last nail in the coffin of the ACA, when they managed to ram through their American Rescue Plan and Inflation reduction Act.
The temporary enhancements in those two bills scheduled the subsidies to expire at the end of December, 2025, which will effectively more than double the premiums of the subsidized enrollees, while un-subsidized enrollees will be hit by both the loss of assistance and the general rise in underlying premium costs.
FoghornLeghorn
Platinum Member
- Aug 15, 2025
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Obama robbed trillions from poor and middle-class Americans to make himself and insurance companies filthy rich.
justthenews.com
The Obamacare secret at the heart of the shutdown: insurers made billions at taxpayer expense
Subsidies were greatly expanded by the Biden administration during the COVID-19 pandemic as an emergency measure, but Democrats have fought to keep them permanent. Those subsidies went mostly to Democratic donors.
justthenews.com
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