the Affordable Care Act was largely drafted by the insurance industry itself,
Common myth with some elements of truth.
Obummer lied to the carriers in the same way he lied to provider groups like AMA and of course the public.
Everyone would get what they wanted in exchange for their blessing and everyone would be happy.
Carriers got reinsurance kickbacks and compulsory participation.
Docs would get more paying patients.
Consumers would get to keep their plan and doc plus their premiums would drop by $2500.
Such a deal all around.
Growth in the number of new policyholders never happened. Reinsurance fizzled out.
Docs got more paper work, more expense to convert to EHR and the chance to treat more Medicaid patients.
And the consumers got screwed all around, except for the few that are getting a Cadillac for $2/month.
Truth is, the final law (which we had to pass in order to know what was in it) didn't even resemble the promise or the initial draft.
What we have is something totally unsustainable that has as much chance of surviving past the next election as expecting the Pope converting to Islam.