Posted on 12/12/2013 9:17:16 AM PST by SeekAndFind
Health and Human Services (HHS) Secretary Kathleen Sebelius, who remains as determined as ever to substitute Obama administration talking points for the truth, gave it her best effort in yesterday’s session before a House Energy and Commerce subcommittee. It was an underwhelming performance at best. As key dates approach and more facts about the government overhaul of the health care system emerge, it is becoming apparent that the ObamaCare scheme is headed for structural disaster — and will take tens of millions of Americans with it.
[SNIP]
All of the above, including anemic enrollment numbers for private insurance while Medicaid signups explode; premium price increases necessitated by unnecessary coverage; the undue burden places on providers and insurance companies to collect payments and subsidies, respectively; fraud; and the reality that millions of additional American will see policy cancellations, threaten complete chaos. Chaos that could lead to a massive taxpayer-funded bailout to keep insurance companies afloat, that is already built into the law. If it gets to the point where the federal government owns insurance companies, just like they owned GM, it will be ObamaCare for the masses and healthcare “memberships” for the privileged few.
In other words, Americans are going to have to experience every one of the unforeseen and “unintended” consequences of ObamaCare before they find out what’s really “in it.” The next date with destiny is January 1, when a substantial number of Americans will either be pleased they have coverage, or shocked to discover they don’t–even if they paid for it. That’s reality. And nothing said by Sebelius, any other member of the Obama administration, or any Democrat can change it.
(Excerpt) Read more at frontpagemag.com ...
If the govt. bails out the insurance companies then isn’t this a de-facto “single payer” system with the premiums and deductables nothing more than an additional graduated income tax obligation?
they will keep throwing money at any problem that occurs before they would ever think about scrapping this P.O.S.
The “collection mechanism” in the ACA law prohibits the IRS from using traditional collection methods to get the ACA fines. For the time being, one could avoid the “fine” (read: tax) by changing withholdings to ensure they have to pay during tax time, something that most folks should be doing anyway. That ensures that the IRS can’t force you to pay your “fine,” and you’re not on the hook for anything. It’s only a matter of time, however, that Obama and the executive branch change the rules super-legislatively and use the full power of the IRS to start cracking skulls into compliance.
And WHY did 0bama not meet with Sebelius prior to roll-out of the website? 'PLAUSIBLE DENIABILITY' is why. 0bama can claim "HE DIDN'T KNOW ANYTHING" again, just like with IRS, NSA, etc..
I foresee a time, prior to the government run single-payer system, that those who are covered by PPACA will have to contact the Insurance Exchange (AKA: lower level community organizers) for approval to contact a doctor’s office to arrange for an appointment (segue-ing into the employee-bloated exchange making appointments directly).
Won’t be long before participation in 0bamacare is deemed MANDATORY. This could land ACA back at SCOTUS, but given Roberts is in the tank for 0bama, all hope is lost.
:: just like with IRS, NSA, etc ::
Just like “Little Dick” Daly, Da Mare.
How bad is it for OCare and Sec Sebelius? It may be that not one person is actually insured and ready to go see a doctor when necessary.
ObamaCare = Up in smoke
Has anyone considered that the insurance companies may not need a bailout? Why? Well:
1. Policies have turned into mostly all high deductible catastrophic insurance only.
2. Premiums are higher than for the old traditional lower deductible policies.
4. There aren’t even co-pays in some cases... the insured just pays 100% until the deductible is satisfied
5. People will think twice before paying out of pocket... eventually.
6. Even though pre-existing conditions are covered somebody was paying for them before... people weren’t just dying.
Companies have limits on profit retained now. I’d say they are going to make out like bandits otherwise... we shall see.
I've moved to a different position as this has gone on. I'm 54 and early retired. My wife is 60 and been retired 7 years. We are very healthy and live healthy lifestyles. (exercise, diet, etc). We have an individual insurance policy. The government should drop the medicare age to 50. Move us into medicare. I'll pickup supplemental insurance or just pay whatever Medicare doesn't cover. This would lower premiums for the younger ACA participants. (because we're old). They can have all the free birth control they want. I don't care.
We're gonna throw tons of money at this stupid thing over the next 20 years. Might as well throw it in a way that helps all of us.
Agreed but you have to be willing to go without health insurance to go down that path. That's not an optio for some.
no...we’re going to see them sell out to the govt
going to come right out of your paycheck....just like medicare
That’s where it is going and once THAT withholding is in place “they” can raise it whenever they like.
I surfed across a wet dream piece from the far-left which posited that if they want to do single payer, all they’d have to do is just straight-out buy the existing for-profit insurance companies. They estimate the price would be about 2% of GDP, and the shareholders would be happy as hell to be paid to go away and not put up a fuss. And then government would be free to nationalize healthcare to it’s heart’s content.
Sounds like just a more honest, transparent, and cheaper method of what is happening now.
And that is exactly what I have been saying. Using me and hubby as one example: $1200 mnth, huge deductible, $18,940 out of pocket (not counting premiums), think it was 40% copays. That is pure dollars for the insurance company as we would never use it.
A cousin who I ran her numbers per her low income: Subsidies so that her premium is only around $2 mnth, $5k deductible,. She can’t afford to pay the deductible which means she will never use it. Insurance company will get the direct subsidy payment from the feds and never pay out for care.
Both of these situations are win win for the insurance co. and lose lose for the clients.
The big insurers wrote the law, so you bet they did the CYA!!
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