The ACA was another liberal mechanism devised to devastate the economy. With Biden he will certainly reinstate penalties further putting a financial burden on all of us individually, on businesses that are already hurting from COVID and we'll see premiums and costs for medications skyrocket.
At 10 Years Old, the Affordable Care Act Is Aging BadlyAnother open season has come and gone in which eligible Americans could choose from a narrow array of federally subsidized health care plans under the Affordable Care Act.
Despite the ACA’s manifest gaps and failures, a recent poll from the left-leaning Kaiser Family Foundation found that a solid majority—55%—of respondents have a favorable perception of the law. That result may be due in part to a feature of the law most have heard about and support: its ban on private insurers denying coverage for preexisting conditions.
The ACA is much more than that provision, however. By almost any measure, the law has fallen short of its objectives. It included features that proved unpopular or unsustainable, led to a decade-long court battle with—of all groups—an order of Catholic nuns devoted to the poor, and it subsidized elective abortion without subscribers’ knowledge in violation of what the law plainly requires.
The ACA was modeled in part on a Massachusetts health plan that created a statewide exchange, or marketplace, offering a menu of plans individuals and families could choose from, with gradations of coverage and cost. The ACA contained a mandate, since nullified by Congress, that each individual and family have a plan in force year-round.
But a withering report earlier this year from The Heritage Foundation underscores just how far short the law has fallen.
The promise of the ACA was better coverage at lower cost.
Everyone remembers President Barack Obama’s sober pledge that American families would enjoy $2,500 in annual savings on their premiums and be able to keep their doctors. The Heritage report shows, instead, that in just five years, from 2013 to 2018, the average monthly premium paid by an individual rose from $244 to $550 a month, a more than 125% increase..................https://www.dailysignal.com/2020/12/18/at-10-years-old-the-affordable-care-act-is-aging-badly/
