Most of its provisions have not even gone into effect yet, but according to Forbes there is solid proof that Obama’s health insurance reform is already working.
One of the major goals of reform was to reduce the number of people without health care insurance, and in the first quarter of 2011 alone at least 600,000 people were added to the health insurance rolls.
In fact, the department of Health and Human Services had estimated that reform would add around 1.2 million new people with insurance during 2011, but experts are now saying that number will be exceeded. Not only that, but most of these newly insured people are young and relatively healthy, which means that bringing them into the insurance pool should lower insurance premiums for everyone. And because those with health insurance are more likely to get preventative care like regular checkups, they will be healthier and less likely to require emergency care. Even if they break their leg and do have to go to the emergency room, their insurance will help cover that cost, instead of leaving it for the rest of us to pick up.
It’s a win-win-win-win! Insurance companies win because the number of people covered has gone up. We win because premiums are lower. Hospitals win because fewer people will be using expensive emergency rooms for health care. And America wins because our people will be healthier and more productive.