Regulation: We're heartened that the Senate's new leaders plan to strip out the worst parts of ObamaCare. By raising premiums and reducing wages, the law is squeezing the middle class harder and harder.
Two new national surveys show the pain of ObamaCare metastasizing throughout family households and workplaces.
A CBS News-New York Times poll finds the majority of Americans blame surging premiums on the president's signature legislation, while a National Federation of Independent Business survey finds more firms delaying hiring, cutting work hours and freezing wages to avoid or absorb the costs of new government mandates.
Asked about co-pays and other out-of-pocket expenses they're paying under ObamaCare, a majority — 52% — of respondents to the CBS-New York Times poll said they are paying more. Fully a third said those costs are "up a lot."
They're not paying more because they're going to the doctor more. Nearly three-quarters said their out-of-pocket costs have gone up "because the cost of the usual amount of medical treatment has become more expensive," the survey noted.
Satisfaction with the quality of care, meantime, is plunging. CBS-New York Times found the share of patients who are somewhat or very satisfied with their medical treatment has dropped to 69% from 78% in 2009, while dissatisfaction has jumped to 28% from 18% over the same period.
So people are paying more for less under government-run medicine.
This echoes an earlier Associated Press-Gfk poll that found that 69% of Americans say their health insurance premiums are going up, while 59% say annual deductibles or copayments are increasing. Respondents put the blame squarely on the Affordable Care Act.
More, a new study by the nonpartisan National Bureau of Economic Research found that in 2014 premiums in the nongroup market grew by more than 24% compared to what they would have been without ObamaCare. Premiums shot up in all but six states last year.
To be clear, the study controlled for all factors that would have caused premiums to go up without ObamaCare. These increases are above and beyond normal premium cost trends. So the net change is attributable solely to ObamaCare.
At the same time, the law is hurting workers. Employers are cutting back work hours to soften the blow from costly mandatory coverage and other mandates.
In a survey of 900 firms, the NFIB found that 42% of businesses say their health-plan costs rose at least 10% last year, thanks to ObamaCare mandates that expand coverage to include everything from sexual disease screenings to colonoscopies to mental health.