Despite constant efforts by the Republican party, the Affordable Care Act is actually working.
Over 40 times in Congress Republicans have attempted to pass legislation that would repeal the Affordable Care Act, or "Obamacare." Whether it's the talking heads on Fox News or conservatives voices on the radio, Republicans have used the right-wing media to lead the anti-Obamacare train across America. While many on the political right are quick to blame President Obama's health care law for all of economic problems in the country, the reality is that it just isn't so.
According to a new detailed report by the Department of Health and Human Services, Americans saved over $1 billion in 2012 alone due to the saving brought on by "Obamacare."
"An analysis from the Office of the Assistant Secretary for Planning and Evaluation (ASPE) of rate review activities in calendar year (CY) 2012 shows that the rate review process saved consumers approximately $1.2 billion on their premiums when compared to the amount initially requested by insurers. These savings accrued to 6.8 million people.
In the individual market, the average rate request increase dropped by 12 percent (from 8.1 percent to 7.1 percent) after rate review, saving consumers an estimated $311 million. Similarly, in the small group market, the average rate increase request declined by 19 percent (from 5.8 percent to 4.7 percent), saving consumers an estimated $866 million after rate review. This is in addition to the $500 million in medical loss ratio rebates for 2012, for a total $1.7 billion in savings in 2012."
As Americans begin to enter the health exchange and the new health care law goes into full effect, millions of Americans will finally be able to afford health care. Republicans are expected to continue to push back and even attempt to repeal the health care reform, but as more studies are released showing the positive impact of "Obamacare," the conservative plan is die at the door step.