That depends how you portray it. Many people think it's bad because it raises tax payer dollars, others think it's good because it competes with private insurance.
It is also considered good by many people because it could prevent 45,000 deaths a year in the US directly linked to the lack of health care insurance.
See the link below to a Reuters news report from Sept. 2009 about a Harvard study that
links one death every twelve minutes directly to the lack of health care insurance and quality health care. According to Reuters:
The Harvard study, funded by a federal research grant, was published in the online edition of the American Journal of Public Health. It was released by Physicians for a National Health Program, which favors government-backed or "single-payer" health insurance.
"We're losing more Americans every day because of inaction ... than drunk driving and homicide combined," Dr. David Himmelstein, a co-author of the study and an associate professor of medicine at Harvard, said in an interview with Reuters.