Wednesday, January 15, 2014
Obamacare Follies - Part III
The demographics are all wrong. Despite the White House heralding news that 2.2 million people have signed up through state and federal health care exchanges, less than a quarter of people who have enrolled are between the ages of 18 and 34. It is this age group that the Obama Administration has pinned its hopes on to make Obamacare work.
This means less than 500,000 of that purported 2.2 million signups are in the age group that will determine if Obama works...or if it fails under it's own massive weight of hopes and expectations. This is less than 20% of the administration's goal of nearly 3 million signups in the coveted 18 to 34 age range. In order for Obamacare to be financially viable, it has been determined they will need 40% of that young age range. Right now, this is not happening. The reason this age group is needed is due to them scarcely using or needing medical services for the most part. It is the 40 and over group that will be using doctors, medicine and hospitals. The 40 and older group are already using Obamacare services (those that have actually been given authorization, which are few and far between). The fear now is that older Americans are using the program, far outstripping Obamacare's ability to pay for services. That isn't the only fear. Paying premiums is something that concerns Obamacare supporters. According to the Wall Street Journal, 67% have actually paid premiums in 17 states. Using this as a beachhead, that means there are only about 1.5 million enrolled in Obamacare. There is continued confusion over how many have actually paid their first premium.
It appears the only people surprised by the disaster that is known as Obamacare are the dimwits in the White House, the Democratic Party and the asinine 47% of national dependents that Romney spoke of during the presidential campaign. Obamacare initially was touted as saving people costs on their premiums and driving down the cost of medical services. Just the opposite has happened. Premiums, both in the federal and state exchanges and private sector, have gone sky high. People are eschewing Obamacare because a) they refuse to pay such high premiums for less service and b) most young people see no need for paying medical insurance since they are perfectly healthy. Did no one possibly foresee this happening in the Obama Administration? It is the typical tactic of liberals. They throw money at a problem and hope something sticks. They are bereft of ideas on how to tackle tough, fundamental issues without throwing billions of taxpayer dollars at problems. After all, it's not their money. So, why not continue to deficit spend and keep throwing billions at every problem facing this nation? That's the situation now with Obamacare. Obama and his cronies like to herald every break in the clouds that the lapdog news media provides on Obamacare. The fact of the matter is that this alleged health care program is not working even half the way they had expected. Obamacare is even performing worse than the most severe skeptics predicted. Meantime, 56% of likely voters have an unfavorable opinion of Obamacare. If I'm a Democrat, I'm worried, really worried what this is going to do to the Democrats House and Senate chances in 2014 and, even worse, presidential chances in 2016.
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