Eagle Forum Legislative Alerts

Tuesday, March 29, 2016

Americans Still Rejecting Obamacare

The survival of Obamacare depends on the flow of billions of dollars to insurance companies to continue to sell health plans on which they say they are losing money. This law is corporate welfare at its worst, as health insurance companies have enjoyed record run-ups in their stock prices and paid their executives big compensation packages worth tens of millions of dollars.

Half of Americans still oppose Obamacare and want it repealed, despite six years of promotion by the Obama Administration. More than half the insurance co-ops established with billions of dollars in taxpayer subsidies have gone out of business, abandoning nearly a million patients and leaving many physicians stuck with unpaid bills. Nearly 10.5 million people have decided to pay a substantial tax penalty in 2016 rather than buy health insurance that would be even more expensive. Many Americans see paying that tax as a bargain compared to the increasing cost of insurance.

Meanwhile, health insurance costs are skyrocketing under Obamacare. The total cost of the premiums, co-payments, and deductibles is well over $10,000 per year for many healthy people, and the average premium increase for mid-level plans is 7.5% in just one year. People are also finding that they face a lack of coverage for physicians who are not in their insurance plan’s network, and patients who signed up for Medicaid are discovering that half of physicians do not even take Medicaid.

For seven painful years, Obama and Democrats have frustrated the will of the people by blocking repeal of the most unsuccessful legislation in American history. Republicans should look to what happened last year in Kentucky. Republican Matt Bevin was predicted to lose the race for governor, but after he made Obamacare an issue, he proved the polls wrong by winning in a near-landslide.

Listen to the radio commentary here:

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