A liberal advocacy group today released a report about how the Affordable Care Act or “ObamaCare” is “working in Iowa.” Matt Sinovic of “Progress Iowa” says 83 percent of the Iowans who got insurance through the federal exchange last year received tax credits which significantly decreased the cost of their inurance plan.
“It’s important to look past all of the heated rhetoric and take a look at what the law is actually doing,” Sinovic says, “particularly here in the state of Iowa where we have seen incredible benefits from the Affordable Care Act.”
Sinovic cites another study which indicates Iowa hospitals saved $32 million this past year because more uninsured Iowans were enrolled in Medicaid.
“So our hospitals are saving, our health care consumers are benefitting and Iowans are benfitting,” Sinovic says.
Sinovic says 10.3 percent of Iowans are still uninsured and he’s urging those Iowans to see what kind of insurance subsidies they might qualify for under the Affordable Care Act. The enrollment period is now open, through February 15th.
Critics of “ObamaCare” say it will overload the nation’s health care system with previously uninsured patients demanding care and bankrupt the federal government. About 10 million Americans acquired subsidized insurance coverage last year due to the Affordable Care Act. Supporters of the law say it’s reducing health care costs, which went up less than three percent in the past year compared to double-digit increases before the law took effect.