Private Insurance Down, Spending Up Under Obamacare
The percent of the population with private health insurance actually declined during the eight years of the Obama presidency, according to a study by health economist Linda Gorman. Yet subsidies for individual buyers have exceeded $100 billion a year – theoretically enough to insure an additional 20 million adults.
John C. Goodman is President of the Goodman Institute and Senior Fellow at The Independent Institute. His books include the soon-to-be-published updated edition of Priceless: Curing the Healthcare Crisis, the widely acclaimed A Better Choice: Healthcare Solutions for America, and New Way to Care: Social Protections that Put Families First. The Wall Street Journal and National Journal, among other media, have called him the “Father of Health Savings Accounts.”
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