Similarly, Obamacare's architects' identification of the health insurance "coverage gap" as the problem has proven similarly ineffective. (The cost of insurance in general continues to explode, but in the exchanges set up by Obamacare, millions of now-nominally insured people can't afford to use the insurance they're officially "covered" by because it's so expensive.) It may also prove fatal.
UnitedHealthcare, America's largest insurer, has officially given notice that it's seriously considering pulling out of the Obamacare exchanges altogether, because the poorly conceived system is just too damn expensive.
UnitedHealth Group’s chief executive, Stephen J. Hemsley, said ... it is pulling back on marketing its exchange products, as open enrollment is currently under way for plans that will take effect in 2016. And the insurer said it is “evaluating the viability of the insurance exchange product segment and will determine during the first half of 2016 to what extent it can continue to serve the public exchange markets in 2017.” UnitedHealth had previously expanded its exchange offerings to 11 new states for 2016, and said in October it had around 550,000 people enrolled.Tens of millions of people didn't have insurance largely because it was too expensive for them. Focusing on reforms that bring the cost of health care down (including treating health insurance like actual insurance, meaning pooled risk funds used only to cover catastrophic costs, rather than a general third-party payment system) would make insurance less expensive, which would entice people to buy it. Thus, the coverage problem would be solved naturally, using the same market forces that closed the "automobile coverage gap", the "cell phone coverage gap", or the "TV coverage gap" (cars, cell phones, and TVs being, of course, items that were once luxuries but which are now ubiquitous, even among the poor -- all without coverage mandates or government assistance).
Instead, we have a system that not only doesn't address the actual cause of the problems it was ostensibly designed to fix, but actually makes those problems worse.
Ain't politics grand?