In today's NY Time, guest columnist Steven Rattner, a Wall Street exec. and occasional government troubleshooter who was instrumental in the GM rescue presents a scorecard of sorts for the first two years of Obamacare. In a nutshell, despite its many imperfections, the ACA has sucessfully met its three prime goals:
- Created insurance exchanges that has led to a larger-than-expected drop in uninsured Americans.
- Prevented insurance companies from capping benefits or denying coverage for those with pre-existing conditions.
- Has helped reduce the increase in cost of health care in the U.S.
Of course all these positives could go by the board if the Supreme Court rules against premium subsidies for states with only Federal exchanges. Such a decision would pretty much destroy the viability of Obamacare and we'd be back to the bad old days.
I for one wouldn't put it past the present SCOTUS.
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