Journal Times editorial: Affordable Care Act looking less and less affordable

2013-06-16T00:15:00Z 2013-12-24T09:58:57Z Journal Times editorial: Affordable Care Act looking less and less affordableJournal Times Editorial Board Journal Times
June 16, 2013 12:15 am  • 

As the nation heads pell-mell down the road toward implementation of the Affordable Care Act in 2014, the number of warning signs over its impact are also sliding by, at a faster pace.

Many raise the unanswered question: Affordable for whom?

Not for young individuals buying insurance on their own, that’s for sure, judging by the reports coming in from several states.

Despite assurances from Democrats that the national health care plan will drive down health care costs, the evidence is increasingly telling the opposite tale.

In Colorado, for instance, insurance companies just submitted plans to the state that show group insurance costs will rise from 13 percent to 30 percent, but individual insurance costs could go up from 60 percent to 120 percent.

Similarly, in Ohio, the average individual-market health insurance premium is now projected at about $420 per month next year — up 88 percent from this year’s rates.

And California? The land of moonbeams lived up to its flaky reputation last month when Peter Lee, the director of the state insurance exchange, trumpeted statistics that he said showed Calfornia’s rates next year for small employer plans would range from 2 percent above to 29 percent below the current market.

“This is a home run for consumers in every region of California,” Lee crowed. “These rates are well below the worst-case gloom and doom scenarios we have heard.”

Home run? More like a foul ball. Conservative economist Avik Roy looked at California’s numbers and quickly called them on it. Roy said California was comparing apples to oranges — looking at the individual market and comparing it to small-employer group plans which have already been subjected to regulations similar to those of the ACA.

When Roy did an apples to apples comparison of the rates, he found that a typical 25-year-old California man will be paying 64 percent to 117 percent more than under the five cheapest policies sold in the state today.

That’s more than double in some cases.

As we get closer and closer to 2014, we expect individuals and small businesses in particular will be finding to their dismay that — for them, at least — the “Affordable” Care Act’s title is a misnomer that will prove very costly.

Copyright 2015 Journal Times. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(8) Comments

  1. Freedom of speech just my opinion
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    Freedom of speech just my opinion - June 22, 2013 11:31 am
    one word and I will capitalize it so you can't miss it.......DUH
  2. Zigmond
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    Zigmond - June 20, 2013 10:43 pm
    phillyfanatic ,,, I noticed that you mentioned 33 million uninsured that started the need for Obamacare. We had to insurance those 33 Million uninsured. That was their mantra.

    Fast forward to now "CBO: Obamacare Will Leave 30 Million Uninsured".. So my health insurance rates tripled in the last 2 yrs before Obamacre even began, AND THE NUMBER OF UNINSURED DID NOT CHANGE? AND IT WILL GET EVEN WORST? This means that the Govt nationalized 1/6th of our economy, controls our health resources (life/death decisions) and knows the state of your prostrate. NOTHING CHANGED EXCEPT OUR LOSS OF FREEDOMS FOR DOUBLING_TRIPPLING THE PRICE OF OUR HELTHCARE.

    RJT,,,, look into your journalistic heart and calculate your lies for the progressive cause that helped make this happen. We know where you stood, where do you stand as the curtain is pulled back for even the least informed among us wake up to the lies you perpetuated by propaganda means. Is there any journalist blood in your veins? Let it out, you will feel like a journalist more than puppet again.
  3. phillyfanatic
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    phillyfanatic - June 19, 2013 11:05 am
    Every poll that is reasonable and not leaning either way on the philosophical line, have Americans waking up to the fact that Obamacare is a morass or regs, lies, and will not even deal with that supposed 33 million who supposedly have no insurance or health care. Every study shows that only the Low Info voters still think it is and they will keep their own docs and...on the prevarication goes. Like the Amnesty Bill, Reid, Obama and their ilk had to rush this abomination through before Americans or for that matter , Congress could read the compendium which looks more like a Soviet 5 yr. plan than anything with free enterprise attached to it. Repeal it. And people, stop electing libs like Obama , Hillary and Reid or we will get even more socialist appeasement in both domestic and foreign policy legislation.
  4. Zigmond
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    Zigmond - June 16, 2013 9:23 pm
    The RJT again misses the point of it all. Obamacare is not about insuring the uninsured or affordable insurance. The infrastructure of Obamacare is all about power and control over the people. Pelosi did not care what was in the bill because she knew that total Govt control was in the bill.. The stupid details the RJT is babbling about is the red herring. RJT, I will tell you the future of this. You will keep calling for new fixes, they will grab even more control with every tweak you demand. They will be glad to fix the bill. It is what Progressives have been doing for 100 years. The reason we are in this mess

    Obama will regulate the insurance industry out of existence to get his single payer totally nationalized system. A takeover of 1/6 of the US economy. Hugo would be proud of Barry. I am afraid that our nation is lost.
  5. SharonP
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    SharonP - June 16, 2013 7:12 pm
    Once again people talking and having no clue of what they are even talking about. Including the JT
    Do you guys get paid by the GOP to toll..
    This paper is going down the .
    Time to cancel my Sunday paper and remove this bookmark.

    Small minds
  6. Opinionated Lady
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    Opinionated Lady - June 16, 2013 8:47 am
    For the most part, all Obamacare did was give Medicaid a different name and tell the taxpayers that they will pay for it. Obamacare EXPANDS Medicaid and penalizes people who have good insurance by making sure their rates will increase. How much has your car insurance gone up since Wisconsin made it mandatory? Of course insurance companies are going to raise rates--they know that by law you have to have it and they can charge whatever they want. Obama and company should have just left it alone.
  7. outoftowner53105
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    outoftowner53105 - June 16, 2013 7:44 am
    Everybody in the country, except liberals of course knew that there would be massive increases associated with Obamacare. This is certainly no surprise to anybody that gave the issue even a minimum of attention.

    The pitfalls of passing a complex bill so that you can find out what's in it are obvious.

    Thanks Nancy and company.
  8. Joeboy5471
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    Joeboy5471 - June 16, 2013 6:14 am
    Again, the sky is falling. We have all heard about the problems and pitfalls of the AHCA and the issue of rates as pointed out in the JT editorial has been tabled before. I would like to see the reasons and the rational used by the insurance carriers to adjust their rates. I have never seen these facts presented anywhere? The insurance carriers have to accept preexisting conditions, yet this happened two years ago. These folks were the sickest of the sick. The AHCA will bring on an additional 30-40 million people into the system that were not there before of which a population of the most healthy in the US. These are paying customers for the companies and the price for enrollment should go down. Aside from the fact that biggest contributor to the increase in health care in the US have been the insurance companies themselves, maybe it is time that the state and federal government start examining the insurance companies business practices both on establishing fees and costs, but how they manage care to their subscribers. Maybe it is time to eliminate the insurance companies themselves and go to a single payer system? I would bet the farm if this was being considered in earnest, you would not see an increase in rates but decreases.
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