Authored by Lawrence Wilson via The Epoch Times,
Obamacare had problems even before it launched in 2014.Marketplace websites were glitchy during the open enrollment period, frustrating many would-be customers.
Sweeping changes ushered in by the Affordable Care Act, the law creating Obamacare,all but guaranteed that premiums would increase—which they did by 23 percent in the program’s first year.
Even so, public opinion swung in favor of Obamacare starting in 2017 and remains positive, according to KFF Health Tracking polls.
More than 24 million people were insured through the program by 2025.
And insurers learned to thrive under the new rules, more than doubling annual revenue to $1.1 trillion and consistently generating a profit between 2014 and 2024.
Premiums have more than doubled over 12 years. Some consumers have only a few plans to choose from. And flaws in the program’s design continue to waste taxpayer dollars.
Lawmakers on both sides of the aisle have proposed solutions, many with bipartisan support. Yet permanent reform remains elusive.
The reason may have less to do with the ideas themselves and more to do with the most persistent disagreement between Republicans and Democrats: the role of the federal government.
Here are three commonly proposed remedies for problems within Obamacare, and why those problems remain.
Source: ZeroHedge News
