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Bankrupt Health Care
Will ACA Premiums Skyrocket?
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  • qet

    How is this a disaster for the Administration? Obama does not need to be re-elected. The only way this could be a disaster would be if the voters rejected Obama at the polls. But he is beyond their reach now. Until January 2017 the firm of Krugman Klein & Co. will continue to preach the Good News of Obamacare. There will never not be a poll that purports to show that a majority of the US people approve of Obamacare. Any negative results will be explained away as “misleading.” Media minions will simply croak “Koch Bros” and “Fox News” like the toadies they are. Nothing succeeds like success. Every one of Stalin’s 5-year plans was a success, remember?

  • FriendlyGoat

    “and our parties remain without clear ideas about how to fix it”.

    Indeed. One tries. And one wishes to simply destroy insurance policy standards. No sign this is changing.

    • Dale Fayda

      Correction – one (Democrats) failed. Miserably, irredeemably, cruelly failed. Every one of Obamacare’s selling points was a lie. Obama /Gruber knew it, his party knew it, the Republican party knew it, the conservatives knew it and shouted it from the rooftops. The Democrats did it anyway, because it was never about “healthcare” – it was always about reducing as many people as possible to being helpless supplicants of the failing welfare state.

      As I keep repeating on this site, Social Democracy is in full collapse right before our very eyes – locally (Detroit, Chicago), regionally (Puerto Rico), nationally (Greece, Venezuela). None of it appears to give “progressives” the slightest bit of pause. The Left’s vicious pathology continues unabated, leaving ever more misery in its wake.

      Truly, liberalism is a mental disorder.

      • FriendlyGoat

        Which does not address the fact that the GOP has never recommended anything with seriousness that does not completely revolve around selling UNSPECIFIED insurance product “across state lines”—-lightly regulated from the reddest GOP state in the country. In other words, destruction of federal policy standards and dilution of the standards of 49 states.

  • Blackbeard

    This is all going according to plan. Obamacare was written so that, among other things, rates would skyrocket. Of course that had to be deferred and hidden for a while and, as usual, the media cooperated. Now that it’s becoming obvious it will be blamed on the greedy insurance companies. Ultimately the “solution” will be single payer which is what they wanted all along.

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  • Jacksonian_Libertarian

    Only free markets have the “Feedback of Competition” that forces continuous improvements in Quality, Service, and Price. The Government Monopoly like all Monopolies even limited Monopolies suffers from the same disease, the lack of the “Feedback of Competition”.

    As an example take the improvements in Quality, Service, and Price of Lasik Eye Surgery which isn’t paid for by health insurance. In 30 years Lasik went from hospitalized radial keratotomy eye surgery which cost thousands of dollars, to outpatient laser eye surgery (Lasik) that takes about an hour and costs $298 per eye (about the price of designer prescription eye glasses). If the entire medical industry was a free market like eye surgery, can you imagine the advances in Healthcare Quality, Service, and Price mankind would have made over the same time period?

    The lack of the “Feedback of Competition” in the healthcare industry is literally killing us, and doing so in the most expensive way. There is only one law of economics “Supply and Demand”. Free markets are the only way to keep “Supply and Demand” in balance. Whenever Demand exceeds supply queues (waiting lines) form, so whenever you see queues you know the market is broken and not Free. Go to any hospital emergency room, or socialist country, and you will see that the market is broken as there are waiting lines everywhere as Demand exceeds Supply.

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