Drilling More Holes in Obamacare’s Sinking Ship

Townhall.com ^ | January 24, 2014 | Daniel J. Mitchell

[Kaslin]

The President’s main “accomplishment” has been such a disaster that I wonder whether it’s time to feel sorry for Obama.

And if you looked in the dictionary for a definition of Schadenfreude, you might find a picture of me reading a story exposing more evidence that Obamacare isn’t working.

Heck, I’ve even shared Hitler parody videos (two of them!) mocking the law.

But to paraphrase Mae West, there’s no such thing as too much of a good thing.

Today, we’re going to look at the opinions of two experts, both of whom expect further bad news for Obamacare.

Here’s some of what Michael Tanner, my Cato colleague, wrote for the New York Post.

…“the State of ObamaCare” is growing ever more troubled. For starters, it’s falling far short of the goal of universal coverage. …just 1.5 million have actually completed the ObamaCare checkout, including payment. Worse, surveys indicate that less than a third of those enrolling were previously uninsured. …Even using the most optimistic reading of these figures, fewer than 11 percent of uninsured Americans have gotten coverage because of the ObamaCare law; most likely, fewer. This is what we’re getting for the $2.7 trillion that ObamaCare will cost over the next 10 years? Plus, we should subtract the roughly 500,000 Americans who, by the White House’s own count, have lost insurance because of ObamaCare.

And Mike expects things will get worse over time.

…that’s just the tip of the iceberg, because those policy-killing rules will hit another part of the market over the course of this year — namely, the “small group” market, where employers now buy health policies that cover about 78 million Americans. Many of those with cancelled plans will ultimately end up with similar, if more expensive, employment-based policies, but some are likely to simply wind up uninsured. …Then there’s the bad news about who is enrolling in ObamaCare plans — or rather, who isn’t: not enough of the young and healthy folks that the program needs to overpay for insurance so as to offset the costs of covering older and sicker people. …Oh, and a Reuters survey finds that new enrollees are also less healthy than ObamaCare’s designers hoped, too. Humana, one of the nation’s largest insurers, reports that so far enrollment in its exchange-based plans has been far “more adverse than previously expected.”

[Ray76]

It’s not a law so much as it is an agenda.

They passed it without reading it and Obama persuades others to violate the law.

Full speed ahead! (”Forward”)

[rwoodward]

This bill was designed to fail on purpose. Do you notice all the democrat talking heads saying that Obamacare is using “Free Market” principles??? That in itself should give you a heads up! When it finally collapses they will put
In the sinsingle payer and blame the Free Capitalist Evil Market. Oh, and while Lucy is pulling football...the stupid Republicans will he flat on their back again!

[yefragetuwrabrumuy]

In this instance, there is no conflict between the German word “Schadenfreude”, and another, lesser known word, “Scheissenbedauern”, whose exact translation is “sh*t regret”, which means “disappointment that something is not as bad as you hoped it would be.”

[DaveA37]

Forget about drilling holes in the sinking ship, use torpedo's, they get the job done a lot faster.

[Organic Panic]

It just means single payer.

[logi_cal869]

Stopped reading here:

...that I wonder whether it’s time to feel sorry for Obama.

Over my dead body in my house.

[Just mythoughts]

So long as Congress can play the role of some animals are better than the rest and opt out of this program of common misery, nothing will change.

Boehner can have his share of the responsibility for the liberal creation of common misery. Boehner could have pulled the funding plug years ago. The GOP-e has demonstrated they like to tax and spend as much as any progressive liberal. Some people are naturally ‘control freaks’ and will do whatever it takes to get and keep what they want.