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Finding out what’s in it: The White House last month admitted that millions of healthy Americans have decided it is cheaper to pay the Obamacare penalty for not having health insurance than pay for insurance that is too expensive and does them little good.
Because so many young and healthy people are doing the math and refusing to pay for a product they don’t need and costs them far more than it is worth, the insurance pool is, as predicted, increasingly made up of sick people only. Such a pool is not viable for the insurance companies, and guarantees that they will eventually go bankrupt.
But hey, Obama and the Democrats promised us all that Obamacare would lower costs and make everyone happy. They wouldn’t lie to us, would they?