ObamaCare Clusterfuck: MA connector has higher than expected costs for some, especially the poor
We surveyed families participating in unsubsidized plans offered in the Massachusetts Commonwealth Health Insurance Connector Authority, an exchange created prior to the 2010 national health reform law, and found high levels of financial burden and higher-than-expected costs among some enrollees. The financial burden and unexpected costs were even more pronounced for families with greater numbers of children and for families with incomes below 400 percent of the federal poverty level. We conclude that those with lower incomes, increased health care needs, and more children will be at particular risk after they obtain coverage through exchanges in 2014. Policy makers should develop strategies to further mitigate the financial burden for enrollees who are most susceptible to encountering higher-than-expected out-of-pocket costs, such as providing cost calculators or price transparency tools.
Wow, shocker. Remember that MA Connector was the first implementation of the Heritage Plan that was designed to head off single payer and later became ObamaCare, and that whenever ObamaCare supporters wanted a success story, they would point to it.
Let's assume for a moment that price transparency is the answer, instead of -- just to pick an idea at random -- health care as right, Medicare for All, and the purchasing power of the Federal government brought to bear. ObamaCare won't be able to provide price transparency, as this post shows, and one reason is the lack of "calculators" and "tools" for out-of-pocket costs.