Tag Archives: ObamaCare

You mean the market works?

More Obamacare fail?  Is it possible?

Oh, yes.  Yes it is.

See, when technocrats and busybodies decide that a very small number of people know better than the population as a whole, they screw things up, because they can not possibly actually know better.  For example, the authors of Obamacare, which was sold as a solution to a high number of uninsured people, didn’t actually try to find out why many people are uninsured.  Now HHS has to sell the uninsured on the idea (in great part because the version of insurance the uninsured must purchase is going to be much more expensive than the insurance they were deciding not to purchase was).

It turns out that the Democrats and the Obama administration apparently didn’t bother to investigate who these uninsured people actually are before they forced through a $1.8 trillion plan to help them.

What they’ve learned since is that more than half of the 48 million who the government says are uninsured aren’t interested in health insurance, which is why they don’t bother to buy it in the first place.

The administration now admits that vast numbers of the uninsured will be unlikely to respond to ObamaCare’s marketing pitches.

The biggest market segment identified by HHS, in fact, is what it describes as “healthy and young,” who make up 48% of the uninsured population.

Isn’t that just awesome!  So the only people who want insurance are the sick people, and the people Obamacare relies on to pay for it don’t want to buy insurance, and will quite probably pay the penalty (which will be lower than the cost of insurance).  Which will increase subsidies, which will increase the costs, which will drive more people out, etc, etc, etc.

Of course, it could be that was the plan all along, because when this fails (and it will), the solution will be government run universal health care, which really was the goal, no matter what they tell you.

 


This may shock you

But Democrats in Congress and in The Obama Administration lied to you about the costs and supposed deficit reduction of the glorious health care reform plan.

Even as leading Democrats offered assurances to the contrary, government experts repeatedly warned that a new long-term care insurance plan could go belly up, saddling taxpayers with another underfunded benefit program, according to emails disclosed by congressional investigators.

Part of President Barack Obama’s health care law, the program is in limbo as a congressional debt panel searches for budget savings and behind the scenes, administration officials scramble to find a viable financing formula.

A longstanding priority of the late Sen. Edward M. Kennedy, D-Mass., the Community Living Assistance Services and Supports program, or CLASS, was spliced into the health care law despite nagging budget worries. Administration emails and documents reveal that alarms were sounded earlier and more widely than previously thought. Congressional Republicans seeking repeal of the program provided the materials to The Associated Press.

Who would have thunk The Greatest President Of All Time would lie?


Harder than it looks

The One is going to learn being President and running for re-election is much more difficult when you have an actual record.

The Cato Institute puts together a nice summary of all His positions on ObamaCare

First, The One said there will be no individual mandate.

Then, The One signed a law with an individual mandate.

Then, The One said an individual mandate is not a tax.

Then, when faced with a Constitutional challenge to a law very few people want (or understand), The One’s administration says the individual mandate is a tax, because that makes the law Constitutional.

This would be funny if it wasn’t so scary.


Financial Planning for ObamaCare

Scott Gottlieb at AEI thinks only the very rich will be able to buy their way out of ObamaCare.

The very rich, of course, will be able to buy their way out of ObamaCare. Many of the best doctors will go cash only, opting entirely out of the Obama program, to cater to a wealthy clientele. But only the truly affluent will have the cash to escape.

The vast rest of us will be locked inside the new system–stuck with the same collection of government-decreed medical benefits.

The only reason I’m not going nuts:  I fully plan to be in the group who can afford to buy our way out.  My financial planning now includes putting money aside to pay for my own healthcare.  I do not want to ever have to rely on the government to take care of me.

I suggest you do the same.


%d bloggers like this: