Peter Morici: How Republicans gave up their advantage on health care to the Democrats

Conventional wisdom says Americans vote their pocketbooks. That’s why health care offers Democrats an advantage in the midterms, despite the strong economy and the shortcomings of the Affordable Care Act.

President Barack Obama’s signature achievement, the ACA promised to provide insurance coverage for virtually all Americans, lower costs and let folks keep their old insurance policies.

But, by the end of his presidency, about 27 million non-elderly adults remained without coverage—including many working poor in the states that had not adopted Medicaid expansion but also millions of others who found health insurance too expensive even with federal subsidies.

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