Pinkey doesn’t have all the facts on Obamacare
Regarding his column criticizing Obamacare, Chuck Pinkey is entitled to his own opinion but not to his own facts. He warns that Obamacare will pay as little as 70 percent of health care bills and leave patients to pay the rest, which could add up to “hundreds of thousands” for major medical care. But he is mistaken. Obamacare sets a cap on annual out-of-pocket expenses — $6,350 for individuals and $13,700 for families. No matter how high the bills, insured people will not pay more than this.
It’s ironic that Mr. Pinkey warns about the risk of huge medical bills, because this is exactly the kind of problem that Obamacare was designed to address. Before Obamacare, many people faced financial ruin if they became seriously ill. Now, they don’t.
Our old employer-based health insurance system has been dying a slow death for years, and it left millions of people with no option for getting affordable insurance or access to health care (aside from emergency rooms). Policymakers of all stripes tried for decades to fix the system, without success.
Obamacare, whatever its shortcomings, will finally allow these people to get insurance and health care. Why is this such a terrible thing? And how would defunding Obamacare, as Mr. Pinkey recommends, help these people?