Understanding the chart

The chart includes several variables related to the Patient Protection and Affordable Care Act. Starting in the upper left and working clockwise:

• The ACA has significantly expanded health insurance coverage, reducing the percentage uninsured from around 16% in 2010 to 9% in 2015.^[1] ACA covered approximately 24 million people in 2016 via the exchanges and Medicaid expansion.
• Healthcare costs in the employer market have continued to grow at historically low levels, a trend which began before the ACA and continued thereafter. In other words, there is no adverse impact (and perhaps some positive impact) in the employer market.^[2]
• By raising taxes on higher income taxpayers and transferring benefits to lower incomes, the ACA and expiration of the Bush tax cuts for the top 1% shifted the distribution of after-tax income in a way that is expected to reduce income inequality in 2017. The 2017 Economic Report of the President states: "Together, changes in tax policy and the ACA coverage provisions will increase the share of after-tax income received by the bottom quintile of households in 2017 by 0.6 percentage point, or 18 percent—equivalent to more than a decade of average income gains—and the share received by the second quintile by 0.5 percentage point, or 6 percent. At the same time, they will reduce the share received by the top 1 percent by 1.2 percentage points, or 7 percent. These changes will increase average tax rates for the top 0.1 percent of families, a group projected to have average pre-tax incomes over $8 million, by nearly 7 percentage points."^[2]
• Multiple CBO studies have indicated ACA is a deficit reducer, with tax increases on roughly the top 5% of income earners and reductions in future Medicare costs offsetting subsidy costs. This particular graph shows the 2015 CBO estimate for a sizable increase in the deficit if the ACA were to be repealed ranging from $137-$353 billion over 10 years. ^[3]

References

摘要

许可协议

我，本作品著作权人，特此采用以下许可协议发表本作品：

本文件采用知识共享署名-相同方式共享 4.0 国际许可协议授权。

您可以自由地：

• 共享 – 复制、发行并传播本作品
• 修改 – 改编作品

惟须遵守下列条件：

• 署名 – 您必须对作品进行署名，提供授权条款的链接，并说明是否对原始内容进行了更改。您可以用任何合理的方式来署名，但不得以任何方式表明许可人认可您或您的使用。
• 相同方式共享 – 如果您再混合、转换或者基于本作品进行创作，您必须以与原先许可协议相同或相兼容的许可协议分发您贡献的作品。

https://creativecommons.org/licenses/by-sa/4.0CC BY-SA 4.0 Creative Commons Attribution-Share Alike 4.0 truetrue