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Obamacare Actually Isn’t All That Affordable — Unless You’re Broke

obamacare_theridgewood blog

By Simon Constable

NEW YORK (TheStreet) — It’s time for the Affordable Care Act to join a long list of oxymorons. Why? Because rather like “military intelligence,” “cat proof,” “government organization,” and “simple calculus,” the law better known as Obamacare turns out to be an inherent contradiction. For a sizeable part of the population, anyway.

The ACA is just not affordable to a big chunk of those it was most meant to serve: The previously uninsured. In fact, many are worse off than before, according to a new study. That fact could also unravel part of the program’s foundation, which could be a problem for healthcare insurers.

“Many of the non-poor formerly uninsured are estimated to be worse off,” than without insurance, according to a September-dated working paper from the National Bureau of Economic Research titled “The Price of Responsibility: The Impact Of Health Reform On Non-Poor Uninsured.”

One thought on “Obamacare Actually Isn’t All That Affordable — Unless You’re Broke

  1. When Gwen Hauck stated that you can’t do estimates and won’t know financials until buildings are rented all I could think was Nancy pelosi ” you have to pass it to know what is in it”

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