The mantra that progressives used to pass ObamaCare was the constant call for “universal coverage.” Everyone, it was argued, should have a health insurance policy, and this goal was considered important enough to force everyone in the country to buy a product whether they wanted it or not.
But focusing on one goal to the exclusion of all others can lead to unexpected pitfalls, and now, as ObamaCare turns five, we are seeing that universal coverage is meaningless without taking into account the price and quality of the – now mandatory – insurance policies.
By now, we’ve all heard about the cancelled policies and the rising premiums, which the administration has tried to justify with the unprovable claim “it would have been worse without ObamaCare.” We’ve heard about the coming doctor shortage, and the declining attendance at medical schools. And we’ve heard about the rising penalties for those who choose not to buy health insurance. But there is one aspect of insurance that has not received enough attention, and that is more devastating to people’s actual access to care than almost anything else: rising deductibles.