The Affordable Care Act—commonly known as Obamacare—opened insurance exchanges this week. A Supreme Court ruling on the Constitutionality of Obamacare left the door open for states to refuse to participate in Insurance Exchanges, and 26 states walked through that door. Another 7 states requested Federal assistance starting and implementing the exchanges, which leaves only 17 states—including California—that fully complied with the law.
Obamacare is reviled by both the far left and the far right. The far left believing it didn’t go far enough in establishing a single payer model for the US and it mainly benefits the large insurance companies. The far right believing it’s a restriction of free trade and many unnecessary taxes—particularly worrisome when the economy is still weak.
The House of Representatives has unsuccessfully tried 40 times to kill, or dismantle, Obamacare. Rasmussen Polls taken this week suggest that 50% of Americans oppose Obamacare’s Individual Mandate, while only 36% favor it.
In light of these, and other, facts, the question arises, “Will Obamacare topple under its own weight?”
Joining me to discuss this is Sally C. Pipes, president and chief executive officer of the Pacific Research Institute (PRI), a San Francisco-based think tank.
Ms. Pipes is a healthcare expert. She writes the bi-weekly health care column “Piping Up” for Forbes.com.
She’s written a new book titled The Cure For Obamacare.