https://issuesinsights.com/2019/10/23/while-demo
In the upside-down world of Washington politics, President Donald Trump appears to be fixing Obamacare, while Democrats are running around the country dismissing it as a horrible failure.
The latest evidence of the former is that Obamacare premiums are set to drop 4% next year, after declining 1.5% last year, according to a report released by the Health and Human Services Department this week. This comes after five straight years of huge increases, during which Obamacare premiums more than doubled.
The news is so remarkable that even the Washington Post had to admit that “Obamacare is getting more affordable under the Trump administration.” Oh, and the Obamacare markets are becoming more competitive, too, with the number of plans climbing by 13%, giving nearly 70% of the country access to at least three plans.
The Post even acknowledges that these improvements come “despite dire predictions by Democrats that the Trump administration would destroy the insurance marketplaces.”
“Dire predictions” is right.
When Trump signed the tax cut law into effect, he zeroed out the much-hated individual mandate tax. Critics said it would destabilize Obamacare markets because the young and healthy, freed from the tax penalty, would drop coverage, leaving the Obamacare insurance pool sicker and more expensive.