Obamacare Is Working

Nov 4 2011 @ 11:46am

In one respect at least: the ACA is fast getting the under-26's – the least insured, most healthy segment of the population – into the system:

The provision of the law that permits young adults under 26, long the largest uninsured demographic in the country, to remain on their parents’ health insurance program resulted in at least 600,000 newly insured Americans during the first quarter of 2011. Wellpoint, the nation’s largest publicly traded health insurer with some 34 million customers, reports adding 280,000 new members in the first three months of 2011. Add in the results of some of the other large health insurers including Aetna, who added just short of 100,000 newly insured to their customer base, Kaiser Permanente’s additional 90,000, and Highmark’s 72,000 new customers, and we begin to sense our health insurance pools are filling up with some badly needed young blood.

The health insurance companies also had a bumper first quarter this year. Then this:

According to a Kaiser survey, there has been a 46% uptick in businesses with less than 10 employees offering health benefits as compared to last year.

I remain of the view that health insurance under the ACA is a plus for Obama next year. It truly baffles me why he and so many others in his useless excuse of a party seem incapable of defending their signature achievement.