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Commentary

Is Obamacare Good for the Middle Class?



Apparently not. For every person who has obtained insurance in the (Obamacare) exchanges, there are two other eligible people who have not enrolled. We now have a good idea why that is.

When people who were previously insured in the individual market obtain insurance in the exchanges, on the average they are worse off. And here is a surprise. When the previously uninsured obtain insurance in the exchanges, they are also worse off.

For the previously uninsured, out of pocket costs for medical care go up—even after the federal subsidies. On the plus side, they do consume more medical care once they are insured. And there is some value in the risk reduction insurance provides. But these advantages are not enough to offset the financial loss for almost everyone above 250% of the federal poverty level. Even the Obamacare mandate’s threatened penalties are not enough to make Obamacare insurance attractive to the vast majority of the uninsured middle class.

Read the full article


John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the “Father of Health Savings Accounts.”


New from John C. Goodman!
A BETTER CHOICE: Healthcare Solutions for America
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to “repeal and replace” it. However, the question is: Replace it with what?







  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org