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

[stopbush]

100. "If Obama had insisted" we would have nothing.

You're living in a dream world. Weren't you paying attention when the whole ACA debate went down? The votes were not there for any kind of single payer option, let alone Medicaid for all.

You can imagine any scenario you want. Doesn't make it true.

As far as enriching insurance execs, have you forgotten that the ACA put a cap on the amount of profit these companies can make? It's now 20%, a huge change. The market will eventually cut that even more, because the successful insurers will be those who get in there and compete on price without lowering services. And that will happen because that's what happens to any product that gets sold in a competitive market, which is another thing the ACA delivered on - competitive markets. And where will these companies have room to cut prices? Why in their profit margins. They will go to a model where they make their $ by serving a larger volume of customers, rather than in charging the highest rates possible for coverage.

Simple market dynamics. And if the typical ACA rates in CA are any indicator, it's already happening.