Yes, something the media has misrepresented by parroting Republican attacks.
The subsidies will lower the cost and provide better coverage for most who buy through ObamaCare.
Only a small sliver of the Americans who buy their own health insurance plans and may be seeing them canceled under Obamacare will pay higher premiums, according to an analysis released Thursday.HuffPo
More than seven in 10 Americans who purchase health plans directly will get subsidies to help pay for coverage under the Affordable Care Act, according to the report by Families USA, a Washington-based organization that supports the health care reform law.
"It is important to keep a perspective about the small portion of the population that might be adversely affected," said Ron Pollack, executive director of Families USA. "That number is a tiny fraction of the 65 million non-elderly people with pre-existing health conditions who will gain new protections through the Affordable Care Act. It is also a small fraction of the tens of millions of uninsured Americans who can also get help."
Financial assistance provided by Obamacare will mitigate most premium increases linked to strengthened benefits and consumer protections required by the law, Pollack said. "In the vast majority of instances, the subsidy will more than make up for it, but it won't be in every single case," he said.
Among the roughly 15 million working-age Americans in the health insurance market for those who don't get health benefits from their employers or a government program like Medicare, 71 percent, or 10.8 million, have incomes low enough to qualify them for subsidized private insurance or Medicaid coverage, the Families USA analysis concludes.
While this leaves "29 percent of the customers in this market, or more than 4 million people, who may see higher rates go up without the benefit of financial assistance," those people will be getting better polices for their money. And that does not take into account the general slowing of increased costs created by ObamaCare.
It's time for Democrats to get off the defensive and sell this good program.