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Is Obamacare really in a "Death Spiral"?

mbig

mbig

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Or is this just a talking point that's gained credibility through repetition?
To be sure O'care has some major problems, especially in some states.
A slight drop in younger enrolees, but in many cases, O'care is still the cheapest.

And unlike any GOP proposal/Pre-Proposal, O'care is paid for with taxes, including a 3.9% levy on High Income Cap-Gains.
How is the GOP/Trump going to Fund "health care for everyone" (or even most) with not only no tax, but Slashing taxes.
The bottom 10% - and pre-existing - Have to be subsidized.
With what money?
That's right, someone else's.
So what we might end up with is some significant adjustment of Obamacare (it's more more popular in polls as "ACA"!)
We'll see.

Paul Ryan's favorite Obamacare talking point, debunked
Politico - DANNY VINIK - 01/17/17 - 05:16 AM EST
Paul Ryan's favorite Obamacare talking point, debunked
"...Republicans have long warned that Obamacare would inevitably end in a death spiral in the markets for individual insurance policies, while Democrats considered such concerns overblown. After insurers’ costs rose dramatically last year, they raised premiums accordingly—around 20% on average for benchmark plans—and some dropped out of the market altogether. In turn, Republicans began claiming that their warnings were proving correct. The death spiral was beginning, they said.

Yet the recent enrollment figures don’t back up those claims. Last week, the Department of Health and Human Services released its first full enrollment report for 2017. As of December 24, about 11.5 million individuals had signed up for an ACA plan either on the Obamacare exchange or on the 11 state exchanges, a slight increase over the same period last year. “If enrollment isn’t declining, then by definition the market can’t be spiraling out of control,” said Larry Levitt, a health care expert at the Kaiser Family Foundation.
There was a slight drop in the proportion of younger enrollees...
Click to expand...
The article has both sides, including Ocare's problems.
 
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