Half of Americans Believe Obamacare Exchanges Are Collapsing

38% of Democrats believe marketplaces are collapsing

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September 25, 2017

Half of Americans believe that the Obamacare exchanges are collapsing, according to a report from the Kaiser Family Foundation.

The report found that 62 percent of Republicans and 38 percent of Democrats believe the marketplaces are collapsing.

"This month's findings indicate that most Americans think the ACA marketplaces are facing significant issues and while they favor Congress taking actions to stabilize the marketplaces, they are not confident that President Trump and Congress will be able to work together to make improvements to the marketplaces," Kaiser explains.

Stability of the Obamacare exchanges was discussed in a series of hearings from the Senate Committee on Health, Education, Labor, and Pensions, and one proposal was to fund cost-sharing reduction payments. About two-thirds of Americans believe these payments should be funded, while 28 percent say they equate to a bailout and should be ended. More Republicans—53 percent—say the cost-sharing reduction payments should be stopped.

While more Americans view Obamacare favorably than unfavorably at the moment, favorability ratings have gone down from the past month.

"While the overall favorability has increased gradually over the past year, this month finds a decrease in favorability since last month (down six percentage points from 52 percent in August) and a return to a divided public that characterizes most of the last seven years," the report states.

A majority of Americans—63 percent—believe Congress should pass a bill that would gives states flexibility to change their health insurance program.

There is more of a partisan divide over Sen. Bernie Sanders's (I., Vt.) single-payer proposal. Seventy percent of Democrats favor a national health plan while 72 percent of Republicans oppose it.

For those who approve of single payer, 21 percent support it because it improves access and 13 percent believe it will lower the cost of health care. For those who oppose single payer, 28 percent say they don't want the government getting involved in their health care and 18 percent believe it will increase a lack of choice.