Tuesday, November 12, 2013

Obamacare meets reality

For many of us critical of Obamacare, to see the debacle of it's inception is not a cause for joy, but more, one of, What were they thinking? Why couldn't they see this coming?

The problems are manifest;

1.) The website: 5M+ lines of code to be rewritten. This is typical government incompetence, and should be enough to give people pause about putting these same boneheads in charge of your health care.

These are not glitches. Even the rare times the website works it is  sending wrong info to the insurers. It  is intentionally quoting reduced prices up front, the sticker chock to come AFTER enrollment.

2.) MOST of the uninsured are not signing up, preferring to wait until  it  is needed, as predicted.

3) The program NEEDS 7-10M young healthy people to pay inflated prices for their  insurance to cover the poor and elderly. They are not signing up, choosing the fine over the high cost of insurance.

4.) The President's  lie. Senate Democrats are floating a bill to make good on the presidents promise. Only problem is that kills Obamatax. If those whose policies are cancelled get to keep  their existing policies, that will change the prices on policies under ACA, as those prices were calculated upon getting EVERYONE in the plan. This means greater sticker shock, and fewer enrollees.

THe problem with Socialist economic thinking is that it substitutes WISHING for THINKING. It ignores human nature, and the simple fact that people respond to economic incentives.

Wishing will not  make it so

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