Jul 26, 2013

OMG!: Krugman: ‘Better-informed people on the Right seem, finally to be facing up to a horrible truth’

New York Times columnist Paul Krugman has a great analysis in his piece “Republican Health Care Panic”. Before going into the most prescient statement in his piece it is essential to quote his interpretation of what the law does. Inasmuch as it has been explained in many forms, Krugman’s one paragraph puts it more succinctly than most.

Although you’d never know it from all the fulminations, with prominent Republicans routinely comparing Obamacare to slavery, the Affordable Care Act is based on three simple ideas. First, all Americans should have access to affordable insurance, even if they have pre-existing medical problems. Second, people should be induced or required to buy insurance even if they’re currently healthy, so that the risk pool remains reasonably favorable. Third, to prevent the insurance “mandate” from being too onerous, there should be subsidies to hold premiums down as a share of income.

So what ‘horrible truth’ is it that better informed people on the Right seem to finally be facing up to? They are panicking as they noticed that Health care reform, President Obama’s signature policy achievement, is probably going to work. 

For those that have followed the real news and widely available information, that should not have been hard. After-all, the Affordable Care Act (Obamacare) has been working successfully and effectively in Massachusetts for several years now (Obamacare was modeled on many parts of Massachusetts healthcare).

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