No, President Obama Is Not A Hall-of-Fame-Worthy BS Artist, aka Why I Defend The ACA

[pnwmom]

71. The ACA limited the profits of the insurance companies for the first time

by requiring them to limit their administrative costs and to refund the excess to their customers. And it has opened the way to single payer systems and coops, by funding those programs in Vermont and Oregon and any other state that agrees to have them.

It is not true that millions will be trapped into paying for "high deductible, low benefit plans they cannot afford to use." All plans will cover the Essential Benefits and families with incomes up to 92K will get subsidies and/or credits helping with both deductibles and premiums.

And millions will for the first time become eligible for Medicaid.

And even younger, healthy people with high incomes won't be worse off. My son isn't eligible for a subsidy, but his new gold policy will cost $200 less a month than the COBRA policy he aged out of. And it can't be dropped if he suddenly gets in a car accident or gets an expensive illness.

The people who will be worse off financially are those who make more than $200K in unearned income and will have to pay a 3.8 percent tax.