Despite promises that it would cut deeply into the 40- or 50-million (the number always fluctuated) Americans uncovered by health insurance, one study now predicts that Obamacare (misnamed the Affordable Care Act) would increase the number of uninsured by about 10 percent more than t0day.
Either way, there will be a significant number of uninsured Americans unwilling or unable to pay for the inflated insurance available on the exchanges and forced to pay penalties, which for 2016 and thereafter will be the greater of $695 or 2.5% of income. More will choose this option every year. By 2024, Ms. Frogner and I estimate that there will be more than 40 million uninsured, roughly 10% more than today.
So perishes the Affordable Care Act's promise to deliver universal health care—its fatal conceit. The autopsy will show that it died from a lack of affordability, leaving behind millions of Americans who were sold a bill of goods. One thing is painfully clear: that isn't what the doctor ordered.
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