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  1. #1
    Senior Member AirborneSapper7's Avatar
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    As The ObamaCare ‘Death Spiral’ Begins, Obama Regime Moves Goal Posts Again!

    As The ObamaCare ‘Death Spiral’ Begins, Obama Regime Moves Goal Posts Again!

    By Joseph R. Carducci on January 16, 2014 Subscribe to Joseph R. Carducci's Feed


    You probably understand how the financial model of ObamaCare works. ObamaCare needs younger Americans to be the majority who signs up and pays into the system. The idea is that people in 18 to 35 age group are in generally good health and will not overly require expensive healthcare services. This will allow the revenue pool to accumulate and satisfy the needs of the older Americans.
    When you really get down to it, this whole set-up is a massive transfer of wealth. This is not surprising, since Obama and the Democrats have really always been in favor of redistribution of wealth. ObamaCare is one of the more audacious attempts at doing so. The fact that many people, even experts, have failed to recognize this is scary.
    Until earlier this week the White House declined to release any information about how many younger Americans have signed up for ObamaCare. Now we know. The amazing total: a mere 24 percent of total enrolled. This is incredibly short of the White House goal of 40 percent. It is also far short of the Kaiser Foundation’s ‘worst-case scenario’. However, despite knowing that young people are a mere 24 percent enrolled, we still have no idea how many have made their first premium payment. This could be much lower.

    The problem for the Obama Administration is that if these goals are not met, it will lead to costs spiraling out of control. This could mean increased premiums for 2015 and an expensive taxpayer bail out for health insurers. The White House does not want people thinking about this, so they have done exactly what you might expect. They moved the goal posts and their acceptance metrics once again. The new goal for younger enrollees is now down to about 30 percent. Maybe they should consider dropping it to to the current level of 24 percent.
    This isn’t only mid-stream change. The Regime previously proclaimed that 7 million Americans would sign up by the end of March. Health and Human Services Secretary Kathleen Sebelius changed once it became clear they had no chance of reaching this goal. Then there was Obama’s half-assed apology trying to take back what he actually said.
    What do YOU think? Surprised to see the White House moving the goal posts again? What percentage of young people do you think have actually paid for their first month? Will we see higher premiums in 2015? Will this death spiral continue?

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  2. #2
    Senior Member AirborneSapper7's Avatar
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    The bailout is coming! More of your tax dollars are going to fund corporations because ObamaCare has failed the insurance industries.
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