After the Supreme Court ruled last week that the federal government could continue to subsidize health-insurance coverage on federally-run Obamacare exchanges, an ecstatic President Obama declared that his health law is “here to stay.”
A judicial victory doesn’t automatically translate into a political victory, let alone a policy success. Once they’ve quaffed their celebratory champagne, the president and White House staff will need to suit up and get ready to play some hard-nosed defense.
Here are the five key reasons why the Court’s ruling doesn’t come close to ending the debate.
- Obamacare is not providing affordable care. Under this law, health-insurance premiums in the exchanges jumped by double digits, while deductibles increased dramatically. Health insurers say premium costs will continue to soar in 2016.
- Obamacare is unworkable. The subsidy program is a complicated mess. H&R Block reported that about two-thirds of subsidy recipients had to repay money back to the government because they got bigger-than-allowable subsidies.
- State exchanges are running out of money. The coverage they provide is insecure and provides no safety net for someone who looses their job.
- The employer mandate will damage the labor market. The Obama administration has been delaying the mandate for fear of its impact on the work force. Liberal supports are even calling for it to be repealed.
- The cost of Medicare remains the same. Big savings on Medicare were promised to help cover the costs of subsidies. Yet the Medicare Actuary and the CBO have routinely dismissed the massive Medicare payment cuts as either unrealistic or unsustainable.
The only solution is repeal.
Do you think the debate on Obamacare has changed?