Rest easy, everyone — Obamacare has completely taken care of the American health care system. It's done. It's completely fixed.
In fact, it's so fixed that Americans had to borrow $74 billion last year to get the medical care they needed.
From CBS News:
Health care is so expensive that 31 million U.S. adults, or 12%, had to borrow a total of $74 billion last year to obtain medical care, new data shows. That includes people with health insurance, making such numbers even more troubling.
Yes, even health insurance isn't enough to keep people from going into debt.
Almost one-third of the more than 3,500 people surveyed by Gallup and West Health, a group of nonprofit health care organizations, said they're 'very concerned' that a major health event would lead to medical debt despite most of them having some form of health care coverage.
The Affordable Care Act — commonly known as "Obamacare" — was passed (or, as some would say, railroaded through Congress) in 2010 ostensibly to "solve" the broken American health care system.
The results 15 years later? Not so promising.
Nearly one in five adults between the ages of 18 and 28 reported borrowing money to pay for health care, according to the survey. Only 9% of Americans between 50 and 64 and 2% of those 65 or older reported having to borrow money to obtain needed medical care.
'There are a lot of disparities in terms of who borrows,' [West Health President Tim] Lash said. That's in part because Medicare, which is available to people who are 65 or older, provides enrollees with relatively comprehensive coverage.
As of mid-2024, U.S. residents owed at least $220 billion in medical debt, according to data from the American Hospital Association. Health care bills have for years been a leading cause of personal bankruptcies.
The Obama era is the gift that truly keeps on giving.
Here's an idea: Now that Trump is president and the Republicans control both houses of Congress, could we maybe… just maybe… do something to actually fix health care in the U.S.?
Asking for myself and a few hundred million friends.
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