Sally C. Pipes is president, CEO, and the Thomas W. Smith fellow in healthcare policy at the Pacific Research Institute. Her latest book is False Premise, False Promise: The Disastrous Reality of Medicare for All, (Encounter 2020). Follow her on Twitter @sallypipes.
Obamacare's open enrollment period kicks off this week. Each year around this time, the Affordable Care Act's defenders mobilize to tout its supposed benefits and to encourage people to purchase coverage on the exchanges it created. From the halls of Congress to the White House, we can expect to see Democrats singing Obamacare's praises in the weeks to come.
Let's recall how things looked during the first open enrollment period, 10 years ago this fall for coverage that took effect at the beginning of 2014.per month than the year prior. By 2019, monthly premiums were $589 a month. Things began to settle a bit after that, and this year, the average unsubsidized Obamacare plan
Subsidies have become such an integral part of Obamacare that the program's supporters now boast about them as if they were an innovation to be celebrated, not a desperate stopgap—and an expensive one to boot!that Americans could purchase health insurance for"$10 a month or less" thanks to the enhanced subsidies provided by the Inflation Reduction Act.
There's the list of 10"essential health benefits" that every exchange plan is required to cover. This rule prevents insurers from offering less comprehensive coverage at a lower price point.
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