Another reason to chill out about the Affordable Care Act
Here’s a bit of common sense analysis about the bumpy initial start-up of the Affordable Care Act and another reason for everyone to calm down: We’ve been down a similar road before and things quickly smoothed out just fine.
The year was 2006 and the program was Medicare Part D. As analyst Jack Hoadley of the Georgetown University Health Policy Institute reminded us a couple weeks back, that program started even slower and with similar sign-up snafus. As the graph below shows however, once the kinks got ironed out, enrollment shot up steadily.
And now of course, there ain’t nobody talking now about taking this program away from the nation’s seniors.