Thursday, June 5, 2025

The Republican claim that the Big Beautiful Bill's cuts to Medicaid coverage will be offset by enrollments in employer-provided health insurance is a bad joke

The enrollment rate in employer provided health insurance is down four points 2008-2021, from 54% to 48%.

Why?

Costs.

The average premium for a health insurance plan from an employer was 36% higher in 2021 than the inflation adjusted premium from 2008 should have been. The 2008 premium of $4,386 should have been $5,446 in 2021. Instead it was $7,380.

People can't afford this insurance.

Meanwhile their out of pocket cost for it increased 86% over the period, while their deductibles shot up 131%.

Government mandated health insurance, Obamacare, has been a disaster for workers who have voted with their feet against it because they can't afford it and benefit little from it, swelling Medicaid enrollments in desperation.

Republicans promised to fix this in 2017 and failed.

Now they're saying, Let Them Eat Cake.