The once highly-touted Affordable Care Act (ACA) has proven to be unaffordable with its excessively high yearly deductibles and doctor’s visits that many low-to-middle class Americans cannot afford to pay.
While Progressives push for an even more expensive Medicare for All healthcare measure, there is an active effort to try to fix the broken Obamacare healthcare system.
But while Americans sit back and watch the healthcare tussle between the ACA-supporting and Medicare for All-supporting factions, a new government-controlled Obamacare-like health insurance initiative known as the “public option” could eliminate all private healthcare plans.
The findings of a new study released by the FTI Consulting group and the Partnership for America’s Health Care Future shows that this “public option” would cause millions of Americans already enrolled in the ACA to lose coverage.
“In the first year following introduction of the public option, over 130,000 Americans enrolled in ACA coverage would be forced off of their existing health plan. Over a decade, up to two million enrollees could experience a loss of private coverage as insurers exit the marketplaces.” At the close of that same 10-year period, the study finds, more than 7 million current enrollees would no longer have private coverage through the marketplaces, a number roughly equivalent to the combined populations of Chicago, Houston, and Phoenix and.”- Press Release
In addition to the loss of healthcare coverage, “insurers would be expected to leave the marketplaces altogether, diminishing choice even for those with the resources or subsidies to cover their preferred plan.”
“This new study is the latest warning that, while Medicare for All will eliminate every American’s existing health care coverage virtually overnight, so-called ‘moderate’ fallbacks like the public option will lead to the same harmful consequences over time,” said Lauren Crawford Shaver, the Partnership’s executive director. “Either way, the result is a one-size-fits-all government health insurance system controlled by politicians, under which Americans will pay more and wait longer for lower-quality care.”
Any way you cut it, government-run healthcare measures like Medicare for All, Obamacare, and this public option, are all destined to fail Americans.