Friday, November 15, 2013

ObamaCare - Death By A Thousand Cuts

President Obama and his Socialist pals in Congress will suffer death by a thousand cuts in the months ahead related to ObamaCare that they enacted without one single Republican vote.  The botched roll out of the website is just the tip of the iceberg.  They will ultimately spend about a billion dollars to make it work; but that is just the beginning of their problems.  As we are seeing, the wrong people are signing up for ObamaCare so the numbers, which were bogus to begin with, will not work.   As the Congressional Budget Office already reported the cost is likely to be in the Trillions of dollars, rather than the smoke and mirrors $900 Billion the Socialist promised over 10 years. 

Instead of healthy young people and others willing to pay higher monthly premiums on the exchanges that are the result of all the ObamaCare requirements and "free mandates", those signing up are people getting the subsidies, or going on expanded Medicaid for free and those with pre existing conditions.   This is going to dramatically change the risk pool.  Further, while about 400,000 people have signed up for free Medicaid so far, only about 110,000 people have signed up for regular medical insurance mostly on the state exchanges.  This is a disaster for Obamanistas and the Socialists in Congress that will unfold in the months ahead.

Obama needs 7 million most healthy people to sign up on the Exchanges by March 1.  To get there, the law required the destruction of the private market, which we see happening as 5 million and counting policies have been cancelled.   There are actually about 15 - 20 million Americans that currently buy medical insurance on the private market so that the cancellations are not over by any means.   We will see more every month going into 2014.  This is causing such an uproar that Obama had to go on TV to make an exception for 2014 allowing insurance companies to continue offering the old plans that do not meet ObamaCare requirements.  The problem is that insurance companies followed the law and got rid of those plans; hence the cancellations.  They are not going back because they want the higher premiums in the new expanded plans.  Well dah!!

Members of Congress are getting the calls of desperation from the millions of people that have lost their insurance and are now facing much higher ObamaCare premiums that they simply cannot afford.   These are Middle Class people that do not qualify for any subsidies.  Of course, Republicans are able to say we feel your pain and oh by the way we did not vote for ObamaCare and we have been trying to REPEAL since it was enacted into law.  It is the Socialists that are up the creek without a paddle, since they alone put this monstrosity in place and have full responsibility for it.

But it gets worse. If the numbers don't come together according to the Mix that was sold the insurance companies by Obamanistas, then premiums are going to sky rocket for everyone, even people getting insurance from their employers.  That is already happening; but it will get much worse.  After all, ObamaCare has nothing to do with health care.  It is a massive Socialist Scheme to redistribute income from the 50% of us that pay all the income taxes in the United States to the 50% that pay none; Obama's PEEP's. 

When Premiums go up even higher and they will, that is when the real screaming will start as companies stop providing, or further limit the monies they are willing to spend on this benefit.  That will involve more than 150 million Americans so the S--T will hit the fan.  And, when that happens, angry voters in 2014 and 2016 will be looking to throw the bums out that did this to them.   It is all coming in 2014 and 2015 just wait and see.  The Socialists will attempt to spin it.  They can run, they can hide, but eventually justice will be done at the election booth as these Socialists face the wrath of the voters. 

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