OK, this is fourth hand (on Liberal Humboldt via Kevin Drum via Andrew Sprung via Covered California) but here is the distilled wisdom. It looks like we will have decreased increases in insurance rates and some of the reasons California is better off than other states include…
Now, California isn’t necessarily a bellwether for all the other states. Because it’s the biggest state in the union, it has lots of competition that helps drive down prices. A big population also means less variability from year to year. Also: California’s program is pretty well run, and the California insurance market is fairly tightly regulated. All this adds up to a good deal for consumers.
-Kevin Drum @ Mother Jones.
For those of you interested in the numbers (like any EW’s (eeeeww’s) or health-care shoppers who might be reading this) check out Andrew Sprung’s analysis. He goes into the Silver vs Bronze Plans and Cost Savings Reductions (CSR). It’s informative and fascinating and is an important waypoint in our attempts to manage out of control healthcare costs. Here is an example…
For many low-income buyers, silver plan premiums are a hard swallow, and cheaper bronze plans, with their sky-high deductibles, are a serious temptation. But those with incomes under 201% FPL are leaving a really valuable benefit on the table if they fail to access CSR (for those at 200-250% FPL, CSR is much weaker and so more rational to forego).
– Andrew Sprung @ xpostfactoid
Finally, despite Republicans throwing everything at us to include the kitchen sink (King v Burwell), it looks like we will be able to prove again that sometimes the more government the more better. (Universal health care anyone?)
If only conservatives and Republicans could take a breath, they might be able to appreciate that in part this was originally their idea (Obama’s ACA was based in part on Romney’s MassachusettsCare which was based in part on a Heritage Foundation plan which was a reaction to HillaryCare in the early nineties). But they won’t and they can’t because it goes against their raison d-etre – money belongs in the private sector where it can more easily line their pockets.
Today’s post sponsored in part by …. The First Amendment of the United States Constitution.
My name is Jon Yalcinkaya. I happen to be an eewww (EW) (Eligibility Worker) with Humboldt’s DHHS. I love my work and my union-supported job. The opinions here happen to be my own and no one else’s (including DHHS management).
BTW: FPL = Federal Poverty Level. 200% FPL is ~ $23,500 for a single person.