Archive for the ‘Massachusetts’ Category

Obamacare in Massachusetts: $1 Billion Cost, Fewer Insured

Monday, September 12th, 2016

The big news last week, if you believe it, is that the Affordable Care Act (aka, Obamacare) has reduced the number of Americans who do not have health insurance to only 8.6% of the population.

In other words, if you provide heavily subsidized insurance and tax those who fail to take it, you can reduce the number of uninsured Americans to 8.6%.  But, in spite of the penalties and giveaways, the number of uninsured is still high.  Even before Massachusetts initiated healthcare reform in 2006 under then-governor Mitt Romney, the uninsured rate in the state was only 7%.obamacare-2

Regardless, all but a small percentage of Americans are now insured, if you believe the estimates of a government agency–the Centers for Disease Control–talking about a government program–the Affordable Care Act (aka, Obamacare).  And it’s taken only five years!

As residents of Massachusetts, we can be proud that we’re number one. That is, we have the lowest percentage of uninsured residents in the country (although the stats we found put the number at anywhere from 2.5% to 3.5%).

Well, that’s great … but are Massachusetts rates low because of Obamacare or because of its predecessor, Romneycare?  And what has the cost of Obamacare compliance been for Massachusetts residents? (more…)