Skip to comments.Obamacare: Live by the lie, die by the lie
Posted on 10/26/2013 10:42:55 AM PDT by Starman417
Remember how Barbie and Obama agreed that math is hard?
Now we know why President Barack Obama couldn't recall the national debt during a chat with David Letterman a few weeks back.
He's got something in common with a certain iconic doll - Math is hard.
Obama appeared on "The Tonight Show" last night, and he got into a soft and fuzzy exchange with host Jay Leno about his daughter's homework.
"The math stuff I was fine with up until about seventh grade ... Malia's now a freshman in high school, and I'm pretty lost," Obama confessed to Leno.
Well, he was right. Math is hard for him. And it is hard for those who wrote Obamacare.
In order for Obamacare to succeed, the financial contributions of young healthy are a necessity:
Now Simas, a sad-eyed Massachusetts native with a facility for PowerPoints, needs to reach those same groups again with a much harder ask. This time, he doesnt just need them to vote. He needs them to buy health insurance, and, in some cases, spend hundreds of dollars a month for it. If they dont, the new insurance marketplaces -- the absolute core of Obamacare -- will be filled with older, sicker people, and premiums will skyrocket. And if that happens, the law will fail.
They desperately need the young and the well to ante up. So what is happening?
Young people are signing up, alright. For Medicaid.
CBS News has confirmed that in Washington, of the more than 35,000 people newly enrolled, 87 percent signed up for Medicaid. In Kentucky, out of 26,000 new enrollments, 82 percent are in Medicaid. And in New York, of 37,000 enrollments, Medicaid accounts for 64 percent. And there are similar stories across the country in nearly half of the states that run their own exchanges.
And let us not forget that Obamacare provided for those 26 and under to remain on their parent's plan.
And let us also not forget that Obamacare provides perverse incentives, i.e. it's cheaper to pay the penalty than to buy the insurance. Supporters, of course, throw in this caveat:
"People buy health insurance for stability, making sure they arent bankrupted by a car accident or heart attack," said Timothy Jost, a law professor who studies health policy at Washington and Lee School of Law who supports the law. "For a lot of those people theyre going to decide theyd rather pay a bit more for insurance and have something than pay the penalty and be uninsured."
A couple of things. First, that's always been true, and second, it points to the need for catastrophic plans, most of which no longer qualify under Obamacare.
So will those young adult who already have insurance see their premiums soar? Yep.
(Excerpt) Read more at floppingaces.net...
Mussolini was left upside down for a few days...
So, how in hell did he make it through both Occidental and Columbia without having some sort of brain for math?
He used his get in to college free card.. His skin color.
Under 26 can remain on their parents’ insurance. But WHO CAN AFFORD IT????
“If you like your plan, you can keep it”
I love Ron Johnson’s “If you like your plan, you can keep it” bill.
Let the scumbag rats vote against it. I sure hope somebody in the House duplicates that idea, since the shameless Reid doesn’t care if rat voters know he and his party are hypocrites. Rat voters care about one thing: “Where’s my free sh**?”
And he is considered by the “intellectuals” among us as the most brilliant man in the world.