Scott Rasmussen has the numbers on how many Americans opted out of buying Obamacare in 2016 and instead paid the fine: 6.5 million.
“The individual healthcare mandate requires every American to buy health insurance or pay a fine,” Rasmussen states in his report. “The mandate has always been the most unpopular part of President Obama’s healthcare law, officially known as the Affordable Care Act.”
But wait, there’s even more fallout:
In addition to those who pay the fine rather than buy the mandated levels of insurance, 15 million people would drop their Obamacare coverage if it were legal to do so.
That’s not to say those millions don’t want healthcare, they just want to purchase what they need, not what the government wants them to have. In addition, rising healthcare costs has forced employers to lower wages for employees to cover their benefits packages, even though many would rather have a larger paycheck.
Healthcare policy analyst Bob Laszewski believes the ongoing unpopularity of Obamacare insurance coverage raises questions about “stability in the individual-health-insurance market.” He notes that “only about 40 percent of those eligible for subsidies have signed up for coverage. In what other business or government program would such a dismal acceptance by those it was targeted to serve be considered a success?”
Laszewski said that Obamacare is actually a huge success, if measured by insurance-company profits.
“Hospital revenue has increased significantly since the passage of the Affordable Care Act,” writes Rasmussen. “Additionally, there has been a growing consolidation of the healthcare industry through mergers and acquisitions.”