Wednesday - April 09, 2014

The Latest Obamacare Major Fail

Remember when the big push was on to pass Obamacare? Remember how Fearless Reader, our great pResident, gave us lectures nearly every single day for a year and a half about how we really had to have this thing? Remember those “43 million Americans without health insurance”?

Well, Obamacare passed, and while the rollout was kind of buggy, we’re told how 7 or 8 million people signed up. Awesome. Some of them even paid the bill. Super. We’re not told much how another 15 or 20 million lost their existing coverage and had to find some new policy at double the price. And hardly anybody is doing the math. Math so simply that even Common Core can’t hide it: 43 million minus 7 million leaves 36 million. 36 million people, without insurance. Nearly 84% of the poor wretched masses that this hideous behemoth was supposed to take care of. And now, since the Open Enrollment period is over, those people CAN’T BUY INSURANCE. Period. None for sale. Oh sure, in theory there are these short term interim policies. Try to buy one. Try to buy one if you haven’t had a “qualifying life event”. You can’t. If you don’t have health insurance right now, you can’t get any. At all. Not until next year. So the real best case bottom line is that 5 times as many people can not become insured right now if they wanted to, than the number of people who Obamacare did manage to get insured. 5 to 1. Loserama.

Before Obamacare, any one of those 43 million folks could buy health insurance whenever they wanted, as long as they paid the bill. I’d call this a major FAIL. A mega-fail. How many billion did this cost us??

Latest ObamaCare surprise: Most won’t be able to buy health insurance until end of year

There is yet another ObamaCare surprise waiting for consumers: from now until the next open enrollment at the end of this year, most people will simply not be able to buy any health insurance at all, even outside the exchanges.

“It’s all closed down. You cannot buy a policy that is a qualified policy for the purpose of the ACA (the Affordable Care Act) until next year on January 1,” says John DiVito, president of Flexbenefit which has 2,500 brokers.

John Goodman of the National Center for Policy Analysis in Dallas adds, “People are not going to be able to buy individual and family policies, and that’s part of ObamaCare. And what makes it so surprising is the whole point of ObamaCare was to encourage people to get insurance, and now the market has been completely closed down for the next seven months.”

That means that with few exceptions, tens of millions of people will be locked out of the health insurance market for the rest of this year.

Only about one in four subsidy-eligible people signed up for health insurance,” says Robert Laszewski of Health Policy Associates. “That means about 13 million subsidy-eligible people have not yet signed up for health insurance.”

13 million of them, and probably 23 million others who aren’t subsidy-eligible. What a crock.

Posted by Drew458     on 04/09/2014 at 10:10 AM   
Filed Under: • Health-Medicine • Obama, The One •  
• Comments (2) • Trackbacks(0)  Permalink •  

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