Monday, October 28, 2013

Monady Matters: Columnist.4


But What if Obamacare Works?
http://www.nytimes.com/2013/10/27/opinion/sunday/douthat-but-what-if-obamacare-works.html?partner=rssnyt&emc=rss

It is likely that the issue with Obamacare's website, healthcare.gov, will be resolved by around thanksgiving, and Obamacare will actually be able to be put into full-on action. Obamacare insurance will be seen in terms of three "mores": it will be more expensive, more subsidized and more comprehensive. Obamacare is more expensive apparently: Comparing some prices, it can be seen that before two specific deals cost 100 and 300 dollars respectively. But now, with Obamacare, they cost 224 and 537 dollars. And that's only the starter prices. Outrage. However, these prices are not telling the whole story. Subsidies are part of the plan, and they seriously lower the prices. For perspective, with a salary of $30,000 for the two deals, the cost would fall to $115, and well, zero. However the problem does exist, the more subsidies factor out. If Obamacare's website is fixed, it will  be interesting to see how the people react for who life pre-obamacare was better.

Now, after studying Obamacare through Douthat's column, it has become clear that all of this is ridiculously complex and it is challenging to be completely informed on the whole deal, but my question would still be is Obamacare really that bad?

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