For supporters of the Affordable Care Act, here’s yet another poll showing that President Obama’s overhaul of health care in America is unpopular. First, it’s a total disaster. More Americans are now opting to pay the penalty rather than pay into the increasingly expensive health care plans offered in the Obamacare markets; one of the largest insurers UnitedHealth, decided to cut their losses and extricate themselves out of that money pit. They cited more than $1 billion in losses before they pulled out. In North Carolina, Blue Cross Blue Shield has also been bleeding cash staying in this market, noting that in 2014 alone—five percent of their ACA customers consumed $830 million in health care costs, while the company only collected $75 million in premiums. That’s including the subsidies, which makes for an appalling business model. Guy noted that premiums are expected to spike (no surprise there), so you can see why over half the country isn’t all that receptive to this law (via The Hill):
More Americans disapprove than approve of the Affordable Care Act, according to a new Pew Research Center national survey.The poll found that 44 percent of respondents approve of the health care law, and 54 percent disapprove.
The disapproval rating has gone up since the Supreme Court's ruling last July upholding a section of the law that allows the federal government to provide insurance subsidies through federal exchanges. After the ruling, 48 percent approved and 49 percent disapproved of the law.
According to the poll, 44 percent of respondents say that law has had a mostly negative impact on the country, while 39 percent say it has been mostly positive. About 13 percent say the law has not had much of an effect on the country.
[…]
The survey was conducted from April 12-19 among 2,008 adults and has an overall margin of error of 2.5 percentage points.