Tuesday, August 16, 2016

Obamacare is only attractive to the poorest and sickest, but is "an utter disaster for the working and middle class"

So says Robert Laszewski for CNBC, here:

Obamacare has insured millions of people—particularly in the states that have expanded Medicaid (albeit a currently unsustainable program in its own right) and it has been attractive to the poorest that get bigger subsidies and lower deductibles in the exchanges. But Obamacare has been an utter disaster for the working and middle class that seem willing to buy the unattractive plans only if they are sick and can come out ahead on the deal.

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