It has become a welfare program for health insurers and people who should have the means to purchase insurance on their own.
Democrats just unveiled legislation that would make permanent the generous pandemic-era subsidies for health insurance sold through Obamacare’s exchanges.
Illinois representative Lauren Underwood (D.), the bill’s lead sponsor in the House of Representatives, said that extending the subsidies beyond their scheduled expiration at the end of next year would mean the “difference between families having coverage and going without it.”
That’s almost certainly an exaggeration. Policy-makers have been making erroneous predictions about Obamacare since it became law 14 years ago. This time will be no different. A new study from the Paragon Health Institute gives us an idea of how hard it has been to make such predictions.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
The Obamacare Proponents Who Cried Wolf
Sally C. Pipes
It has become a welfare program for health insurers and people who should have the means to purchase insurance on their own.
Democrats just unveiled legislation that would make permanent the generous pandemic-era subsidies for health insurance sold through Obamacare’s exchanges.
Illinois representative Lauren Underwood (D.), the bill’s lead sponsor in the House of Representatives, said that extending the subsidies beyond their scheduled expiration at the end of next year would mean the “difference between families having coverage and going without it.”
That’s almost certainly an exaggeration. Policy-makers have been making erroneous predictions about Obamacare since it became law 14 years ago. This time will be no different. A new study from the Paragon Health Institute gives us an idea of how hard it has been to make such predictions.
Read the entire op-ed in National Review.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.