Several Louisiana health insurance companies have announced that they want to raise premium rates for some policies next year. Opponents of the Affordable Care Act are using this to again attack the law and its impacts on health insurance. But consumers — and voters — should keep a clear head and ask some basic questions.David Hood replaced Bobby Jindal as head of the Louisiana Department of Health and Hospitals during the administration of Gov. Mike Foster, when Jindal was drafted by the Clinton administration as a bipartisan showpiece to serve as Assistant Secretary of the US Department of Health and Human Services. Hood serves as Senior Healthcare Analyst for the Public Affairs Research Council and knows whereof he speaks.
The ACA requires companies to publicly justify rate increases of over 10 percent, and requires 80 percent of premium dollars be spent on health care, not administrative “overhead.” Consumers are better off because of those provisions, though some states like Louisiana have not allowed the law’s full benefits to be implemented.
Given that Louisiana has the third-highest rate of uninsured people in the nation, and that we rate 49th in poor health outcomes, we should support “Obamacare,” not fight it.
Here's the link to a video of David Hood speaking great good sense about Jindal's refusal to accept federal funds for Medicaid expansion, which would provide health insurance for up to 400,000 uninsured citizens of Louisiana. "What are we waiting for?" The funds that Jindal refuses go to other states.
Photo from Louisiana Public Square.