Mt. Vernon Register-News

Opinion

April 19, 2014

Obamacare's winning numbers

Obamacare’s critics have had a bad week. On Thursday, President Obama announced that 8 million people have enrolled in new health insurance plans through the Affordable Care Act’s marketplaces, and a significant portion of them are young Americans. Yes, we need to learn more about the numbers. And yes, a lot needs to happen to complete the ACA’s phase-in. The debate about how well the law is working is not over. But the initial figures are encouraging, and Mr. Obama is right to insist that continued Republican demands for repeal are unproductive and unwise.

To discount solid enrollment numbers, Republicans have variously complained that not many people who previously were uninsured may be signing up, premiums are rising, people can’t see the doctors they prefer and taxpayers are getting soaked.

But the Obama administration wasn’t the only one with a new analysis of the law this week. In its latest estimates on the effects of the ACA, the nonpartisan Congressional Budget Office found that the percentage of Americans with insurance is set to go up. The analysts projected that 84 percent of the non-elderly population will have insurance this year, instead of 80 percent before the ACA. In 2016, the share will rise to 89 percent.

The CBO found that premiums in the new marketplaces for individual insurance buyers are not as high as many experts — including the CBO itself — expected, and that they will remain below projections. This indicates that a basic trade-off embedded in the law may well be cheaper than anticipated. The ACA requires that insurance plans in the individual marketplace provide comprehensive basic health benefits to all comers, which was not the case in the old system. Some individual purchasers — those who used to have skimpy coverage, for example, or who benefited from the discrimination against the elderly and the sick on which the old system relied — will pay more. Many others, however, will not, especially after they get government assistance to buy insurance.

Text Only
Opinion
  • Fear indifference ‘Perhaps the Catholic church would volunteer to pony up some cash for the illegals’ care then? Hmm?”“Pope should stay out of it. Matter of civil laws, not church laws.”“Thinking that the pope should want the illegals to go to Argentina to get better

    July 25, 2014

  • A push for felon voting rights If advocates have their way, voting rights could be a new reality for the nation’s incarcerated.Full voting rights for felons is as hot a topic in Washington as voting rights in reverse pushed by voter-ID-tickled Republicans. But with new legislation

    July 25, 2014

  • Big insurers need better oversight Could Warren Buffett’s Berkshire Hathaway Inc. threaten the stability of the financial system? The U.S.’s top regulators are asking themselves this question as they consider whether Berkshire and other large insurers should come under Federal Reserve

    July 25, 2014

  • Questions for Obamacare after the ruling Tuesday, I outlined what we knew about Halbig v. Burwell, the case in which a federal appellate court ruled that subsidies for purchasing insurance under Obamacare can only be made available on marketplaces established by states. Now I propose to out

    July 24, 2014

  • Pensions not the problem I see in last night’s Register-News paper that James Rippy has attempted to enlighten us on pensions in Illinois. I also notice he has written so often he no longer has the title “guest columnist.” It is obvious he has the time and energy to work on

    July 24, 2014

  • Impasse threatens border solution After more than a year of contentious debate, could Congress be any more divided over the issue of immigration? The answer is yes.In the House, positions are hardening over what to do about the tens of thousands of families and unaccompanied young im

    July 24, 2014

  • Take a lesson from Texas I like to eat at blue-collar diners and cafes, particularly when I’m on vacation.It’s a chance to step beyond the homogenized national chains and experience a bit of local flavor.And being a reporter, I like to chat up local folks to find out a bit a

    July 23, 2014

  • The future reality of terrorist drones A very small airplane rose over the Gaza Strip last week. It entered Israeli airspace and sped toward the coastal city of Ashdod. Then a Patriot missile blew it up.The plane, a rudimentary drone launched by the terrorist group Hamas, posed little thr

    July 23, 2014

  • We are headed to a jobless future In an op-ed in The Wall Street Journal, former Treasury Secretary Lawrence Summers revived a debate I’d had with futurist Ray Kurzweil in 2012 about the jobless future.He echoed the words of Peter Diamandis, who says that we are moving from a history

    July 23, 2014

  • Pensions need to be addressed I will have to admit that I am slightly overwhelmed today with the receipt of articles and suggestions for a column. One of my Fitness Mafia colleagues constantly tells me the columns are too long and trying to address different subjects just dilutes

    July 22, 2014

Twitter Updates
Facebook
Stocks