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79% of those who have signed up qualify for subsidies.

To the extent Obamacare was actually designed, it was allegedly intended that the majority of subsidies for lower income people would be covered by having those who do not qualify for them pay "a little extra" on their premiums - with some random "government" money (read: taxpayer funds) thrown in for good measure.

I'm no mathemagician, but the 21% cannot subsidize the 79% without their rates being something on the order of four times what they would be if they were not required to subsidize others.

So yes, it IS going...

...straight down the financial crapper.

Side Note: In other words, it is going exactly as the Obamites want it to go - so that in a couple of years they can jump in and "save" us with a "single payer" system.

The bottom line is, the old "flawed" system had myriad fewer problems than Obamacare has, and will continue to have.

Ops, I didn't take in to account declining subsidies as income goes up. So, corrected sentence:

I'm no mathemagician, but the 21% cannot subsidize the 79% without their rates being something on the order of twice what they would be if they were not required to subsidize others

I told you I wasn't a mathemagician.

I'm no mathemagician, but the 21% cannot subsidize the 79% without their rates being something on the order of four times what they would be if they were not required to subsidize others.

Ahh, but the 21% are not subsidizing the 79% on their own. We're ALL subsidizing the 79%. Even those of us who have employer-provided health insurance.