The Republican Party has a serious choice to make when it comes to dealing with Obamacare. According to political commentator and author Dick Morris, this decision could affect the GOP for years to come.
He says that since Obamacare is collapsing, the GOP will end up saving Obamacare and being responsible for it if the repeal can’t get through the Senate. That would be horrible, and it’s why Republicans need to stiffen their spines and pass the bill.
In a recent video, Morris states that if the GOP is unable to repeal or replace Obamacare, they will have to rescue it. This could put them in a precarious political position.
Dick Morris asserts that if Republicans don’t implement a viable solution soon, they will end up owning the Affordable Healthcare Act (ACA), which is currently in a downward spiral. Morris refers to this as “the opposite of the Colin Powell Pottery Barn Doctrine.” He is referring to former Secretary of State Colin Powell’s comments to President Bush regarding the wars in Afghanistan and Iraq. Powell told the former president that invading these nation is like a rule that Pottery Barn has that states “if you break it, you buy it.”
Since Obamacare is failing, the Republicans will be responsible for the negative impact it will have on the Americans who receive their insurance from the exchange. The Republicans will be held accountable for the consequences unless they can save the ACA.
Obamacare has been in decline for the past few years. Many of the Republicans’ predictions about the failed piece of legislation are coming true.
Blue Cross-Blue Shield, Aetna, Humana, and other major insurance companies have pulled out of the plan because they lost hundreds of millions of dollars. Much more are expected to follow. According to The Washington Times, keeping Obamacare in place will mean that tens of millions of Americans will not be able to afford adequate insurance.
There are several reasons why the Affordable Care Act is failing. It forced insurance companies to sell expensive, one-size-fits-all policies. There was no flexibility, which meant that people were unable to buy the amount of coverage as they could afford. People were only able to purchase the type of plans that the government mandated. This meant that healthier people who might only want to buy “catastrophic coverage” were forced to get plans they did not want.
The penalties that the ACA imposed on those who refused to buy into the system were far lower than its constantly-rising premium costs. Many people simply opted to pay the penalty and remain uninsured. The fact that Obamacare forced insurance companies to cover pre-existing conditions meant that consumers had no real incentive to buy coverage. Why would someone buy expensive insurance when they can just wait until they become injured or sick?
Obamacare’s stringent regulations on insurance companies also contributed to its impending collapse. Not only can they not exclude people with pre-existing conditions, but they also aren’t able to charge older, less healthy customers more than three times as much as the healthy. This seems compassionate, but in reality, the higher premiums caused younger people to refuse to buy into the plan. The result was that insurance companies were not able to make enough money to turn a profit or even cover their expenses. The Chicago Tribune states that for every dollar that Blue Cross Blue Shield made in 2015, it spent $1.32. It was a recipe for disaster.
There is not much of a chance that Obamacare can be saved. The flaws in the plan are too significant to solve. This is why Dick Morris is urging the GOP to either repeal or replace the law before it’s too late.
In his words, “The fate of the Republican Party, of its majority in theSsenate, and of each individual Republican rests on your ability to repeal or replace Obamacare and will be destroyed if you have to rescue Obamacare. Don’t let this cup pass from your lips because if you do you’re going to be stuck in a death spiral where you’re going to be the accomplices of Obamacare.”