Posted on 10/26/2013 9:47:36 PM PDT by afraidfortherepublic
My wife, the syndicated San Francisco Chronicle columnist Debra J. Saunders, has learned that at least 500,000 Californians may lose their health insurance next year — and that’s a conservative estimate. From her Token Conservative blog:
According to this link as of December 2012, there were 491,977 covered lives in individual health care plans regulated by the state Department Insurance that are not grandfathered under the Affordable Care Act. (If they bought a plan after March 2010, their coverage is not grandfathered.) This is a 2012 number, but if the number of people with private coverage hasn’t changed much in the last ten months, that’s half a million Californians who will lose their coverage.
Those canceled policies will have to be replaced with Obamacare-approved insurance:
California Association of Health Plans president Pat Johnston told me that by law providers must cancel non-grandfathered individual policies. (It is my understanding some folks will lose their coverage at year’s end, others might be able to extend into 2014 through the end of a covered year.) This probably means premiums hikes for people who “not only were they healthy, they also probably were very savvy shoppers.” This is a small corner of the insurance market; others may well save money under the Affordable Care Act. But for the people kicked off their individual California plans, Johnston said, it may well be that ”if you’re outside that subsidy range, you’re on your own.”
(Excerpt) Read more at nationalreview.com ...
I'm exploding with schadenfreude.
Many will sacrifice essentials to cover the cost of ObamaCare.
Everyone who didn’t see this coming has it coming.
I hate to say it, but this may be a very good thing. It’s about time the idiots who voted for FUBO understand his game plan. No better way, in my opinion, than to hit them squarely in their wallets.
cool
If you haven’t grasped this yet...then sit back.
By spring of 2014, economists will note that the US economy has quietly and suddenly slowed down a notch. By late summer, there will be economic talks of a recession of sorts, but it’s not like anything they’ve seen before. By fall, some will note the odd characteristics that American families are spending less than previously...somewhere around $2,000 per family has simply disappeared. By the end of 2014, they will then discover or say in public...the money went into healthcare costs...higher insurance...etc.
Then, we go into 2015, where higher rates will be noted because the positive spin the President predicted....never occurred. So the economists come back to note more economic bad news. The President would like to blame the Republicans, but economists won’t grin and play along. The news media by the summer of 2015 will note that the US is in a serious economic stumble...unlike anything they’ve experienced in fifty years.
It’ll be described as a recession but not a recession. It’ll be tied strictly to medical costs. Strangely enough...a higher number of Americans by the end of 2015 will exist without healthcare insurance....mostly because they can’t afford the deductible game and actual monthly costs.
The lesson learned here? When you make changes....you aim for small-step type advances where you can reasonably predict the random outcome. Once you write a two-thousand page bill into effect....it’s like creating a 200,000-part car, and thinking you can maintain it. You can’t.
tagline
Thanks....best stop T SHIRTS caps...etc
then,,,an obama rally.....with plenty of backup
At this pace more people will lose insurance because of Obamacare than will get insurance through it.
I’m exploding with schadenfreude.
Yep.
You voted for it. SUFFER.
For the past three years I have been selling and buying on eBay and Craigslist while I apply for full-time work.
Sales were never great, maybe 450-550 per month, but it was enough to pay the utilities, insurance, dog/cat food, groceries and gas.
Then in July everything came to a slow stop. $70 was the total take. Thankfully, my nephew was working and could pick up the slack, but he worked a minimum wage job and I had to get an EBT card in late August. In early October the nephew was laid off.
Sales for September and October have barely crept above $250 - $300. The past two weeks = $0.00.
I’ve put out loss-leaders for $0.99, but the take on such items never grows beyond $7.50.
We don’t have to wait until next year. The crashed economy is already here. There is little disposable cash out there, and I believe it will get worse.
Just keep trying. There are some sectors spending and moving. They are high tech.
I know what it means to pay a monthly health insurance bill that on average costs $1500/month. Tough decisions ahead for the average American family. My regrets are sincere regardless of the given family’s politics.
There will be an explanation for this disaster — Bush’ fault.
Sadly enough there will be plenty of Americans willing to accept this lie.
It was never really an election issue anyway, although the enrollment site would have been up and running under a Romney administration.
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