A Kentucky senator talks Obamacare repeal

Rand Paul, Kentucky’s junior senator, recently explained his stance on the Senate’s healthcare bill. While acknowledging that he is part of a “team” in the Republican party, Paul stands on principles rather than blindly submitting to the party. Paul’s convictions led him to stand against the Senate’s Obamacare “repeal” bill. Paul explains that rather than repealing Obamacare, it keeps:

  • “the majority of Obamacare taxes,”
  • 10 out of 12 “major Obamacare regulations,”
  • “unsustainable expansion of Medicaid,”
  • insurance subsidies using taxpayer money, and
  • a “$200 billion bailout” of insurance companies.

This particular legislation is failing in the Senate, leaving an opening for real change. Actually repealing the Affordable Care Act would result in benefits not only for the nation in general but for Kentucky in particular.

Bluegrass Beacon: Make health care affordable again


Editor’s note: The Bluegrass Beacon column is a weekly syndicated statewide newspaper column posted on the Bluegrass Institute website after being released to and published by newspapers statewide.

Whether the American Health Care Act (AHCA), which narrowly passed the U.S. House of Representatives last month, offers an effective repeal and replacement of the Affordable Care Act (ACA) – affectionately known as Obamacare – is the subject of much debate as the Senate takes up another attempt to deal with the failed health care fiasco.

It’s indisputable, however, that any replacement plan failing to deal with cost – the primary malady affecting health-care policy – is an effort in futility.

A growing body of evidence suggests that not only has Obamacare done little to address the cost of health-care products and services, it’s exacerbated the problem.

Recent analysis by the U.S. Department of Health and Human Services indicates average premiums are 105 percent higher for Americans in the 39 states purchasing policies through the federal exchange in 2017 than for individuals’ plans in 2013 – before the exchange was created.

The analysis further unpacked reports that the average individual market premiums rose from $2,784 before Obamacare had kicked up to $5,712 in 2017.

“Affordable” Care Act, anyone?

All of this, it seems, would produce a wonderful opportunity for Republicans, who control Congress, the presidency and most state legislatures to use the leverage given them by voters to tattoo history with:  “Here’s how you do health-care reform,” and do it right.

Don’t get your hopes up.

Insurance-company lobbyists and welfare recipients have joined forces to weaken the resolve of many legislators who campaigned for changing a policy that never should have been implemented in the first place.

We would’ve been much better off seven years ago, instead of passing Obamacare, to adhere to the wise adage of President Calvin Coolidge: it’s “much more important to kill bad bills than to pass good ones.”

Still, killing not only Obamacare but its foundational ideas and approaches remains a priority.

More than reasonable doubt exists concerning whether the AHCA comes anywhere close to doing this – with its Obamacare-like approaches to taxes, subsidies and even mandates.

Northern Kentucky congressman Thomas Massie, one of 20 Republicans to oppose the AHCA, sassily compared the legislation to a kidney stone, charging “the House doesn’t care what happens to it, as long as they can pass it.”

Yet even when it comes to something as politically charged as whether we’re going to replace a health-care policy bearing the name of a Democratic president with a Republican-created substitute, progress can be made regarding critical policies in a bipartisan way.

There is, for example, strong support for making the cost of care transparent.

Costs have largely been hidden in our days of low co-pays, employer-provided plans dominated by third-party administrators and government programs.

“I don’t think I’ve ever had a Medicaid patient ask me how much something costs,” Dr. Cameron Schaeffer, a Lexington-based pediatric urologist and proponent of free-market policies, said on KET’s recent Kentucky Tonight program.

Neither Obamacare nor the AHCA effectively connects patients with cost, which is critical to making America’s great health care affordable again.

One viewer’s email read by Kentucky Tonight host Renee Shaw noted, “a free market only works when there is competition.”

Both Schaeffer and fellow KET panelist Dr. Barbara Casper, an internist, professor of medicine at the University of Louisville and Obamacare supporter, agreed providers should post their prices in a clear and understandable way.

Doing so would “help patients know what they’re getting into” and “would also allow for … more competition,” Casper said.

“I think we need to do everything we can to lower costs,” she added.

Whatever your political belief system, you will bear the burden or at least the consequences of higher health-care costs.

Jim Waters is president and CEO of the Bluegrass Institute for Public Policy Solutions, Kentucky’s free-market think tank. Read previous columns at www.bipps.org. He can be reached at jwaters@freedomkentucky.com and @bipps on Twitter.

The Bluegrass Institute on Kentucky Tonight—Healthcare

KyresizedBluegrass Institute president and CEO Jim Waters joined a panel on KET’s Kentucky Tonight this week to discuss the Affordable Care Act — often referred to as Obamacare — and it’s proposed replacement, the American Health Care Act (AHCA), which the U.S. House of Representatives recently passed by a thin 217-213 margin. The U.S. Senate has yet to act on the bill.

Waters, who previously called the AHCA “a RINO bill” — repeal in name only — noted the bill is not a full-scale repeal and replacement of Obamacare, but rather a tweaking of a few of its provisions.

He called it “Santa Claus politics,” keeping “a lot of the goodies in there, in terms of the subsidies and the handouts.”

Overall, he warns the bill “keeps many of the things the Obamacare plan had.”

One positive aspect of the bill, he said, is its allowance for states to apply for federal waivers, which will bring at least some of “the management and administration of healthcare dollars … back to the states,” which are better able to determine the needs of their own citizens than Washington’s huge federal bureaucracy.

Waters also took aim once again with Obamacare’s expanded Medicaid approach, which has greatly increased Kentuckians’ dependency on a government program for their health-care coverage.

“Medicaid was never intended to provide healthcare for one out of three Kentuckians,” Waters said, reiterating that the size of Medicaid needs to be shrunk so that the program can be put back on a sustainable path, while implementing more innovative ideas on providing health care for lower-income Americans and Kentuckians.

Others appearing on the program included Lexington Dr. Cameron Schaeffer, a pediatric urologist in Lexington, Dr. Barbara Casper, who teaches at the University of Louisville and Dustin Pugel from the Kentucky Center for Economic Policy.

“I’ve had a problem with Obamacare not only as a doctor but as an American” because it contravenes the American values of individualism, freedom and property rights, Schaeffer said.

One of the ways to mitigate the effects of increased numbers of sick and elderly beneficiaries is to share risk by incorporating younger, healthier people. However, Obamacare has discouraged the potential involvement of younger enrollees “by pooling young people into policies that are mandated to cover problems that old people get, and they can’t afford it,” he said.

The federal mandate for extensive coverage raises prices, making insurance “untenable” for young people, he said.

Watch the full program here.

Amy Searl is working with The Bluegrass Institute through the Koch Internship Program.

Bluegrass Beacon: Control costs, make health care great again

BluegrassBeaconLogoThe latest RINO to lose is the Repeal In Name Only health-care bill – also known officially as the American Health Care Act (AHCA) – meant to replace the Affordable Care Act (ACA).

To paraphrase Kentucky Sen. Rand Paul, what’s the point in replacing a program that subsidizes, taxes, punishes and practices conniving cronyism with a policy that promises a “refundable tax credit” (subsidizes), financially castigates those with good insurance (taxes), forces individuals who allow their coverage to drop to pay 30 percent more to insurance companies just to get reinstated (punishes) and props up insurance companies with $100 million of “reinsurance” funding (conniving cronyism)?

Nothing offered by Washington in either of these approaches effectively addresses the primary culprit in the current health-care fiasco: cost.

Forcing insurers, for example, to cover an array of 10 “essential health benefits” – from maternity care to mental health and drug abuse – greatly drives up the cost of premiums for everyone.

Why, for example, is a 65-year-old man forced to purchase a health-insurance plan that includes maternity coverage?

Such mandates drive up the cost of his plan, and, depending on his financial status, may require a taxpayer-provided handout to help him afford the premium, making him dependent on government to pay for his insurance that includes coverage for services he neither wants nor needs.

If we’re going to include government subsidies in our health-insurance policy, why don’t we at least do it in a way that actually helps some folks truly in need without penalizing everyone else?

Supporters fear getting rid of Obamacare would result in really sick people with longstanding illnesses being left without access to adequate coverage.

It doesn’t have to be that way if privately run high-risk pools are allowed as part of any “replacement” agreement.

Just like swimmers “share” the pool’s water, so participants with preexisting health conditions divvy up coverage costs.

Since participants in such a plan offer a much higher risk of filing claims and using health-care services, premiums will be higher than those of healthy consumers in the individual market.

Government can intervene in a limited manner by providing subsidies to people in these pools that help bridge the gap between lower incomes and higher premiums.

Taking this approach reveals a stark contrast between a safety-net program and sledgehammer-to-an-ant approach that happens when government tries to run the entire health-care system.

It’s the distinction between offering food stamps to low-income individuals to purchase their groceries versus government running the grocery stores.

Witness the disaster known as “Section 8 housing” and understand: there’s a considerable difference between government offering housing vouchers to assist lower-income citizens in finding a place in the private marketplace to rent and the demonstrated public-housing debacle found in cities in the commonwealth and across the nation.

Such a policy would help folks with preexisting conditions engage in their own care as they shop to find a plan that works best for them – the process of which will expose them to what their coverage truly costs and the care they can expect to receive.

Neither the ACA nor the ACHA does much of anything to engage individuals – with or without preexisting conditions – in their own care, especially when it comes to knowing the cost of products like prescription drugs or services such as surgeries.

The combination of consumers not knowing anything about the price tag of their care while government mandates products and services insurers must provide and then turns around and subsidizes them offers little incentive to providers to control costs – the primary obstacle to making America’s health-care system great again.

Jim Waters is president of the Bluegrass Institute for Public Policy Solutions, Kentucky’s free-market think tank. Read previous columns at www.bipps.org. He can be reached at jwaters@freedomkentucky.com and @bipps on Twitter.

Bluegrass Beacon – Obamacare: Public policy malpractice

BluegrassBeaconLogoReviews on cable news and social media of retired Kentucky Gov. Steve Beshear’s response on behalf of the Democratic Party to President Donald Trump’s first – and powerful – speech to a joint gathering of Congress aren’t great.

Speaking while seated in a diner with a small group of attendees who appear largely impassive in a let-us-know-when-we-can-get-back-to-the-pie-and-coffee sort of way, Beshear’s canned and casual approach made it seem more like he was headed to a backyard barbecue than offering a serious response to the commander-in-chief’s weighty address.

“Small and stunty,” panned liberal MSNBC commentator Rachel Maddow.

However, “to be fair to Beshear, going after that Trump speech is like taking the stage after a U2 set with nothing but a ukulele in your hands,” radio talk-show host Buck Sexton tweeted.

If life hands you a ukulele, at least find an effective composition to play.

Nothing is ever as effective as truth – especially in these days of fake news and alternative facts.

Alas, it seems all Beshear can locate is “Obamacare’s Concerto for Ukulele and Liberals in F (for Failure) Minor” as he remains stuck on maintaining that 22 million more Americans, including a half-million Kentuckians, “now have health care that didn’t have it before.”

At least 14.5 million of those Americans – including more than 400,000 Kentuckians – got their coverage through the misnamed Affordable Care Act’s expansion of Medicaid eligibility, which simply means that all previously uninsured citizens on Medicaid now have is a card in their pockets identifying them as government-program beneficiaries.

No assurance of actual care exists.

But that’s just one of the problems with off-key claims by Beshear and his fellow Obamacare supporters. Consider also:

  • Obamacare provides a costly barrier to needed care.

A Families USA study shows that premiums for high-deductible plans purchased through Obamacare’s exchanges are increasing by double-digit amounts and more annually – 116 percent in Arizona last year alone – resulting in one in four of those customers skipping doctor’s appointments and medical tests while struggling to pay the bigger invoices.

How does this add up to better care or lower costs?

  • Labor-force participation is dropping in states using Obamacare to expand Medicaid.

While Beshear spoke of unemployment-rate drops, fiscal experts are more concerned about Obamacare’s impact on discouraging people from even looking for work.

Georgetown University researcher-turned government analyst Tomás Wind reports that “expanding Medicaid is associated with a 1.5 to 3 percentage point drop in labor force participation” in states that chose to join in the expansion.

  • Obamacare perversely drives up costs then punishes individuals who work extra to pay for it.

People who’ve taken extra jobs to cover double-digit increases in premiums for policies obtained through Obamacare’s exchanges risk abruptly losing thousands of financial-aid dollars.

Tort reformer Ted Frank of the Manhattan Institute Center for Legal Policy used the Kaiser Foundation’s Health Insurance Marketplace Calculator to show how a 62-year-old earning $46,000 in a high-cost area suddenly loses the $7,836 tax credit that helps cover his premium if he earns just $22 more.

Hans Bader of the Competitive Enterprise Institute in noting Frank’s example writes that while it makes sense to “gradually phase out” subsidies for those whose incomes rise and who need less government help, Obamacare takes a “far more extreme and indefensible” approach.

“It suddenly takes away thousands of dollars in subsidies when many people earn a few extra dollars – blindsiding many of them in the process,” Bader writes. “… That leaves them much worse off than if they had never earned that extra income, potentially leaving them poorer for taking on a second job to pay the costs of their health insurance.”

It’s so severe that our 62-year-old will have more take-home pay if he earns $46,000 than if he reaches $55,000.

Frank’s conclusion: “This is just public policy malpractice.”

Jim Waters is president of the Bluegrass Institute for Public Policy Solutions, Kentucky’s free-market think tank. Read his weekly Bluegrass Beacon column at www.bipps.org. He can be reached at jwaters@freedomkentucky.com and @bipps on Twitter.

Bluegrass Beacon: Set the table for a school-choice buffet

BluegrassBeaconLogoPresident Donald Trump’s administration is taking some cues from the productive Kentucky Legislature.

After a frenetic first week of the 2017 session of the Kentucky General Assembly during which seven bills were passed, the new Trump administration offered a proportional amount of accomplishment during its first five days in the White House.

Trump took 15 major actions in his first five days, including steps toward ending Obamacare and withdrawing the nation from the Trans-Pacific Partnership – a victory for Kentucky farmers, who grow more than 87,000 acres of tobacco annually.

I called for both actions in this column during the recent election season.

The Obama administration embedded its hatred of the tobacco companies into the 12-nation TPP deal, excluding these firms from protections available to all other industries against foreign governments taking property without compensation or seizing assets in the name of “public health.”

While the deal contained some attractive tax and tariff cuts, it’s unacceptable to single out a specific industry and its legal product based on ideology and the running amok of political correctness.

Still, it’s important for our nation’s security and for Kentucky farmers and manufacturers to maintain a strong, open trading relationship with willing countries.

As Frederic Bastiat, the great 19th century free-market French economist, believed: “If goods don’t cross borders, armies will.”

Democrats who lost the Kentucky House on the same night they turned over the keys to the White House complain about the feverish pace of it all.

Yet most of the legislation debated and passed in Frankfort during the first week in January – right-to-work, repeal of costly prevailing-wage mandates on public construction projects, making part-time politicians’ pensions transparent and pro-life bills – had been debated and passed by the state Senate for years.

School-choice legislation also fits that scenario.

It’s likely this session won’t end before Kentucky becomes the 44th state with a charter-school law and perhaps also the 18th state to turn tax-credit-friendly donations into scholarships allowing children from countless numbers of families access to a private education.

Louisville Rep. Phil Moffett’s charter-school legislation would offer Kentucky’s kids the opportunity to attend schools that will allow them, in many cases, to break the cycle of generations of poverty, illiteracy and failure.

Opponents continue to offer recycled claims about how empowering parents to choose the school that best fits their children’s educational needs somehow is a vast right-wing conspiracy to destroy public education.

But wait a sec’.

Charter schools are public schools.

Along with the reality that policies like Moffett’s bill haven’t caused an implosion of public education in those 43 other states is the expectation hardworking taxpayers have when they fork over their hard-earned dollars – $10.1 billion designated for K-12 schools in the commonwealth’s current biennial budget.

They want their money used for educating children, not propping up failing systems or sustaining jobs programs for adults.

While discussing his bill at a recent education forum in an inner-city church in West Louisville, Moffett told the largely minority crowd: it’s time to take a cue from its neighbor to the North.

Indiana is changing its approach – “to thinking about public education, not public-school systems,” the former GOP gubernatorial candidate said.

The shift has resulted in many more options for Hoosier State parents – from charter schools to vouchers to tax-credit scholarships and even individual tax credits for private-school enrollment and tax deductions for homeschooling families.

The Hoosier State has one of America’s biggest school-choice buffets and fastest-growing economies.

Kentucky will take major steps toward setting its table with the same kind of spread with similar results when it gets back in the kitchen on Feb. 7.

It can’t happen fast enough.

Jim Waters is president of the Bluegrass Institute for Public Policy Solutions, Kentucky’s free-market think tank. Read his weekly Bluegrass Beacon column at www.bipps.org. He can be reached at jwaters@freedomkentucky.com and @bipps on Twitter.

Bluegrass Beacon – Required: Full, fast repeal of Obamacare

BluegrassBeaconLogoRepublicans kept control of the Senate and House of Representatives in Washington after sending an Obamacare-repeal bill to the desk of the law’s namesake last January and also won the White House on a campaign platform of dismantling the disastrous health-insurance policy.

It didn’t hurt them in Kentucky, either, where the GOP won control of the House for the first time in nearly a century and now hold a supermajority in both chambers.

What will the Grand Old Party in Washington do with this momentum?

Not only is the first 100 days of this new Congress the right time to get rid of Obamacare, it will never be easier to meet demands for full repeal by impatient voters in no mood to accept a new coat of paint or touch-up job.

It must be dismantled “root and branch,” as Senate Majority Leader Mitch McConnell, R-Ky, said.

No portion of Obamacare serves as a better example of the need for immediate and complete repeal than the Medicaid expansion, which created a new welfare category for able-bodied adults, resulting in one out of three Kentuckians becoming dependent on government-run health care.

Since its launch, enrollment and costs in states choosing to opt in exploded.

While about 188,000 were originally expected to sign up for the program in Kentucky, 430,000 – more than double the projected maximum enrollment – ended up enrolling.

The result? The truly needy got pushed to the back of the line while working-age, non-disabled adults get free welfare.

Kentucky Gov. Matt Bevin’s administration is seeking to address this situation in its pending waiver request of the federal government, which doesn’t affect any Kentuckian enrolled in Medicaid before its expansion; neither does it change benefits for children, expectant mothers or the medically frail.

It merely requires able-bodied adults who enrolled in Medicaid as part of the expansion to, as Bevin insists, have “skin in the game” by offering healthy incentives rather than encouraging dependency.

Ultimately, the goal is for recipients to engage in their own employment and health care so they move out of safety-net programs meant to be transitional and temporary into private, traditional and permanent employer-provided insurance plans that provide better and more immediate care.

This new welfare program that voters clearly don’t want also threatens to crowd out funding for infrastructure, public safety, education and public-pension crises – taxpayer priorities in most states, including Kentucky.

Congress has reasonable options for ending this expansion.

It could freeze Medicaid enrollment by allowing current recipients to remain until no longer eligible, giving them sufficient time to explore alternatives.

Starting the rollback now would buoy voters’ confidence that the majority party plans to keep its longstanding repeal promise and free up limited resources for the truly vulnerable, including 2,000 Kentuckians with intellectual and developmental disabilities currently languishing on Medicaid waiting lists.

This freeze approach has worked in other states, including Maine and Arizona, where able-bodied enrollees immediately returned to a life of independence, instantly loosening limited taxpayer dollars for use toward ensuring access to care for truly vulnerable residents.

Congress should also implement two reforms to preserve Medicaid for the truly needy: require work for able-bodied, working-age adults on Medicaid as Bevin and other governors support and allow states to check Medicaid eligibility more frequently to remove fraudsters.

Reform cannot happen too soon.

McConnell rightly insisted: “We must act quickly to bring relief to the American people.”

Each day the costly and unpopular Obamacare policy lingers is a day too long.

Anything less than immediate, full and unvarnished repeal would be a violation of voters’ trust and could – and should – have severe ramifications during upcoming elections.

 Jim Waters is president of the Bluegrass Institute for Public Policy Solutions, Kentucky’s free-market think tank. Read his weekly Bluegrass Beacon column at www.bipps.org. He can be reached at jwaters@freedomkentucky.com and @bipps on Twitter.

Bluegrass Beacon: Congress should evaporate Obamacare’s ocean

BluegrassBeaconLogoGeologists are concerned that the Dead Sea’s water level is dropping faster than Santa from the North Pole on Christmas Eve.

Experts estimate the water level in this famous sea separating Israel and Jordan dropped by more than 131 feet since the 1950s and continues to lose more than three feet of water annually.

It’s not because too much water is somehow flowing out of the Sea of Salt, as it’s known.

One of the sea’s unique features is that it’s the terminal lake of the equally famous River Jordan. Water flows in from the Jordan but none flows out.

Scientists believe evaporation is a contributing factor.

Rep. Brett Guthrie, R-2nd District, rightly believes Washington’s budget process can be used to evaporate another sea – Obamacare’s ocean.

This approach allows Congress to use its power of the purse to weaken a dreadful plan while, at the same time, providing a strategy for transitioning millions of Americans who receive some type of subsidized coverage into better – and affordable – policies.

As Guthrie told me, Congress can use the budget process to “repeal everything in Obamacare that’s a spending or tax item.”

That, of course, includes mandates and their accompanying fines.

While the Supreme Court’s ruling allowing Obamacare to proceed was, in the annals of judicial history, as low as the Dead Sea’s surface – Earth’s lowest point – the black-robed justices at least correctly branded as a “tax” the Obamacare penalty cuffed on certain employers and individuals choosing not to offer or purchase coverage.

Evaporating Obamacare’s sea rather than draining its swamp allows Congress to expeditiously exorcise the health-care boondoggle’s worst demons while saving its best angels.

“Congress has the power to tax,” Guthrie told me. “So, you can choose whether or not you buy it, but if you choose not to buy it, then you have to pay a tax. So, what we (Congress) can say is: you don’t have to pay the tax.”

Since the budget-reconciliation process, which finalizes the spending plan for our current fiscal year, will be at the top of Congress’ agenda when it returns to Washington in January, eliminating this tax by the end of February could provide an economic boost to a lot of Kentuckians.

Congress can – and should – do this.

It would give badly needed breaks for low- and middle-income families who otherwise would receive smaller-than-needed federal tax-return checks this spring resulting from increased penalties for not purchasing unaffordable coverage.

Evaporating Obamacare’s swamp by choking it at its point of funding – without necessarily waiting until it has every replacement policy in place – allows Congress to:

  • Avoid the Senate’s 60-vote threshold requirement, which would be enforced on a stand-alone repeal bill. Meeting this bar would be difficult considering the GOP holds only a 52-46 seat majority in the Senate; budgets, however, require only a simple majority vote.
  • Give providers and insurers the opportunity to recover from Obamacare’s disastrous effects and reset plans with some confidence they can survive and stabilize.
  • Address egregious funding issues created by Obamacare, including the $716 billion worth of Medicaid cuts used to pay for the imploding health-insurance debacle.

Evaporating the sea using this strategy would offer a beautiful constitutional approach toward getting rid of the current health-insurance ugliness.

It would reassert Congress’ power of the purse at a time when the unconstitutional growth of both the judicial and executive branches during Obama – and Obamacare’s – tenure must be reversed.

Scientists are concerned the Dead Sea might eventually dry up.

It won’t happen in our lifetime, but let’s hope the worst aspects of Obamacare evaporate into thin air during the next gathering of Congress.

Jim Waters is president at The Bluegrass Institute for Public Policy Solutions, Kentucky’s free-market think tank. Read his weekly Bluegrass Beacon column at www.bipps.org. He can be reached at jwaters@freedomkentucky.com and @bipps on Twitter.

Bluegrass Beacon: Read the side of Obamacare’s box

BluegrassBeaconLogoLike food makers claiming “fat free” on the front of the box only to have a close reading of the ingredients on the side of that same box reveal a product packed with unhealthy, unpronounceable names of chemical toxins, Obamacare’s cheerleaders gush forth superficial claims about the reform policy’s success.

For instance, supporters in Kentucky and nationwide slapped a label in big letters on the front of Obamacare claiming “dramatic drop in the number of uninsured” while on the side of the box you discover a product packed with unsavory ingredients like “misleading claims.”

Just days before a recent government report forecasting a 25-percent increase in premiums in the 39 states that use HealthCare.gov, the federal Obamacare exchange which Kentucky joins on Nov. 1, President Obama proudly claimed to college students in Florida that “another 20 million Americans would know the financial security of health insurance” because of his reforms.

We’ve heard similar claims in Kentucky, where proponents allege the commonwealth’s Obamacare-induced programs reduced by a half-million the ranks of the uninsured.

Yet 80 percent of Obamacare’s enrollees in Kentucky were dumped into Medicaid, which is, as a recent Wall Street Journal editorial noted, “a failing program that provides substandard care.”

Nationally, 97 percent, or nearly 9 million of the 9.25 million newly insured who enrolled for coverage using the federal platform or one of the state Obamacare exchanges, wound up in the government-run Medicaid program.

Obama says states shouldn’t worry about future costs of such dramatic increases in Medicaid enrollment, because, after all, “the federal government is paying for it.”

Yet states will be required to start picking up a significant portion of the bill delivered by their expanded Medicaid populations next year.

How does Obama expect Kentucky with its worst-in-the-nation pension crisis to pay for an additional 400,000 Medicaid enrollees?

Does the federal government have a special printing press somewhere designed to spit out special Benjamins just to pay for this failed experiment in government-run health insurance?

Besides, have you checked your pay stub?

If you see “SWT” and “FIT,” it means that not only have you been paying for your state’s Medicaid program and its expansion — which, in Kentucky’s case, was $1.8 billion higher than expected during its first 18 months in 2014 and 2015 — but guess who antes up when “the federal government is going to pay for most of it?”

Yep. That would be you, too.

Another reason for Obamacare’s implosion is its attempt to impose a one-size-fits-all regulatory and pricing scheme on both insurers and their customers.

Forcing men to pay for maternity coverage and denying healthy young people the opportunity to purchase a higher-risk, lower-cost plan isn’t exactly motiving millennials to sign up.

While these young adults may have flocked to former presidential contender Bernie Sanders while he was holding court during this year’s primary campaign to extol the virtues of forced sharing and the vices of liberty and profit, they’re not biting when it comes to surrendering their money and personal liberty to Obamacare and its mandates forcing insurers to charge younger, healthier people higher rates to pay for older, sicker patients.

While it would be difficult to find a more Sanders-like program than Obamacare, 18-to-34-year-olds are reading the side of the box where they find “likely failure” among the ingredients and are choosing instead to forego the higher rates and pay the fines instead.

In fact, this demographic group purchases only about a quarter of the Obamacare plans when actuaries say 40 percent is required to offset the costs incurred by older, sicker workers.

Insurers, unable to keep carrying such significant losses, are fleeing the Obamacare exchanges faster than Aroldis Chapman’s fastball, leaving customers with fewer choices and even-higher costs.

Jim Waters is president of the Bluegrass Institute; Kentucky’s free-market think tank. Reach him at jwaters@freedomkentucky.com. Read previously published columns at www.bipps.org.