Part of ObamaCare was the PCIP, the Pre-Existing Condition Insurance Plan. John Lott notes that, at its height, at the beginning of 2013, there were 115,000 enrolled in it. So one big selling point seems to be working.

Except that dealing with something like this on its own would have been cheaper and less disruptive of the entire health insurance industry. Clayton Cramer did the math, and if you gave those people $20,000 per year to subsidize their insurance premiums, it would cost $2.3 billion. Now, that’s a lot of money anyway, but doing it that way would also allow millions of people to keep their plan if they liked their plan; just one example of the disruption that was caused instead.

Again I note that Republicans did have their own solutions to the health care problems, but Democrats insisted that the whole industry had to be upended in order to fix it. We’re finding out just how wrong that was. We are. Seems they aren’t.

Related posts:

  1. Is the "Cure" Worse Than the Disease?
  2. The Great Vanish
  3. The True Cost of Health Insurance "Reform"
  4. Wal-Mart Out-ObamaCares ObamaCare
  5. Why I Oppose the HCR Bill: Cost Estimate is Really a Minimum

Filed under: Doug • Economics & Taxes • Government • Healthcare

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