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Finding out what’s in it: Obamacare rules have killed a New Jersey healthcare plan aimed at providing healthcare for children.
While the federal government was trumpeting the benefits of Obamacare to boost enrollment earlier this year, about 1,800 families in New Jersey were receiving letters telling them their children would be losing their health coverage last week. The Affordable Care Act — the federal law that mandates everyone have insurance — effectively killed FamilyCare Advantage, a low-cost option for kids in New Jersey created six years ago for parents who earned too much to qualify for Medicaid and other subsidized programs but too little to buy on a policy on their own. The state program was the first of its kind in the nation.
We have only just begun. The disaster that is Obamacare is going to continue bulldozing its way through the healthcare insurance industry, destroying everything it touches.
However, the two unintended positive consequences of this terrible law might be that 1) it will destroy the careers of many of the Democratic politicians who forced it on us. The Democratic Party has needed a house-cleaning for about two decades. Obamacare might finally give it to us. 2) The destruction of the healthcare industry as we have known it might actually be a good thing in the long run. It might return us to a system where the patient pays for the medical care, which will force prices down and get rid of the middleman insurance company.