Congress established the Children’s Health Insurance Program (CHIP) in 1997. Proponents argued that CHIP would deliver health insurance coverage to half the nation’s 10 million uninsured children by 2000. Through Federal FY 2005, however, the program had never enrolled even 4 million children at any given time.
Bankrupt by Free Health Insurance
As the federal government is seeking to expand the Obama Affordable Care Act by extending subsidies and giving more people coverage, bankruptcies linked to medical debt have not fallen. Instead, they have risen. Most Americans filing for bankruptcy over medical bills have medical insurance. The Affordable Care Act failed to cure medical bankruptcies. A 2019...