Who Really Pays For Health Care Might Surprise You

President Obama said eight million people signed up for health coverage through new insurance exchanges.i i

hide captionPresident Obama said eight million people signed up for health coverage through new insurance exchanges.


J. Scott Applewhite/AP

President Obama said eight million people signed up for health coverage through new insurance exchanges.

President Obama said eight million people signed up for health coverage through new insurance exchanges.

J. Scott Applewhite/AP

Eight million people have signed up for subsidized private health insurance under the Affordable Care Act, President Obama said this month. Millions more obtained new coverage through the Medicaid program for the poor.

Full implementation of the health law has renewed discussions of winners and losers, makers and moochers.

Here’s a corrective to common misconceptions about who pays for health care.

1) Before Obamacare we had a free-market health care system.

Government has been part of the business of medicine at least since the 1940s, when Washington began appropriating billions of dollars to build private and government hospitals. The drug industry and its customers owe much to federally funded research.

Of course Medicare for seniors and Medicaid for the poor, which both began in the 1960s, represent direct government transfers from some taxpayers to others. States have set rules for health insurance for decades.

If you’re insured through an employer that

Article source: http://www.npr.org/blogs/health/2014/04/30/308254628/who-really-pays-for-health-care-might-surprise-you?ft=1&f=131849999

Tagged:

Comments are closed.