Megan McArdle, Columnist

Obamacare Didn’t Fail Because It’s Timid

A more expansive version of the law would have been even less popular than the one we have now.

Wouldnt matter if it pointed left.

Photographer: Joe Raedle/Getty Images
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Kevin Drum of Mother Jones thinks that making Obamacare work could have been a simple task for Democrats. All they needed was two things:

More funding would have allowed them to offer higher subsidies to people with incomes above 200 percent of the poverty line, plus lower deductibles, while a mandate equal to the cost of an insurance policy would have left people with little choice other than to buy insurance. Since the people who forgo insurance today tend to be the folks who use little health care, this would have lowered the average cost of insurance for everyone.