As the 2015 enrollment period for the Affordable Care Act comes to a close, the statistics are starting to roll out. Bernardo Chua has learned that, as should be expected, both proponents and opponents stand at the ready to embellish these statistics based on their personal affiliations.
It’s not often that a published article title provides enough information to distort facts. In a recent article titled “For Tens of Millions, Obamacare Is Working,” New York Times writer Steven Rattner would have readers believe that tens of millions (that means at least 20 million) Americans have signed up and are benefiting from this legislation.
The fact is that 11.4 million Americans have enrolled through the exchanges in 2015 and that number is open to dispute because many of those who have enrolled have yet to pay their first premiums, the ultimate determining factor for actual participation.
The reality of the situation is that “Obamacare” is still controversial at best. It will be another 2-3 years before anyone is able to determine the degree to which the law has failed or succeeded because of all the exemptions and “temporary” stays offered by President Obama as he tries to put a square peg in a round hole.
For many Americans, they now have substandard coverage, rapidly increasing premiums and the prospect of tax penalties should they decide to forgo the other two problems. Does this make Obamacare sound like the smashing success?