One health insurance company has now announced that the mix of old/sick and young/healthy buying insurance under Obamacare is far worse than expected.
Repeal the damn law! One health insurance company has now announced that the mix of old/sick and young/healthy buying insurance under Obamacare is far worse than expected.
In other words, the only way the company can make a profit is to raise its premiums so high — in order to pay for the costs of its mostly sick customer base — that no one will be able to afford to buy the insurance.
But then, none of this is a surprise to conservatives. You can’t outlaw Adam Smith’s laws of economics, as Obamacare tries to do. All that will happen is that you will distort the market enough to destroy any businesses in it. Just ask anyone who lived in the communist bloc in the 20th century.
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Repeal the damn law! One health insurance company has now announced that the mix of old/sick and young/healthy buying insurance under Obamacare is far worse than expected.
In other words, the only way the company can make a profit is to raise its premiums so high — in order to pay for the costs of its mostly sick customer base — that no one will be able to afford to buy the insurance.
But then, none of this is a surprise to conservatives. You can’t outlaw Adam Smith’s laws of economics, as Obamacare tries to do. All that will happen is that you will distort the market enough to destroy any businesses in it. Just ask anyone who lived in the communist bloc in the 20th century.
Readers!
My annual February birthday fund-raising drive for Behind the Black is now over. Thank you to everyone who donated or subscribed. While not a record-setter, the donations were more than sufficient and slightly above average.
As I have said many times before, I can’t express what it means to me to get such support, especially as no one is required to pay anything to read my work. Thank you all again!
For those readers who like my work here at Behind the Black and haven't contributed so far, please consider donating or subscribing. My analysis of space, politics, and culture, taken from the perspective of an historian, is almost always on the money and ahead of the game. For example, in 2020 I correctly predicted that the COVID panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Every one of those 2020 conclusions has turned out right.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
In other words not enough of the young and healthy are signed up and those that do are not paying enough.
They are going to be offered a nice government subsidy to help off set this problem if they just promice to help Obama work through the first few dozen years of expected troubles.
Is every thinking person in this country in a trance? Do they not understand what this poser is purposely doing to fundamentally transform this nation? A frog could tell this isn’t a slow simmer but a full rolling boil.
At then end of this year after small business dump an estimated 30 to 50 million into the exchanges to fend for themselves Obama will stand before yet another backdrop of ‘Americans’ and offer an ‘enhancement’ to ACA, it’ll go by some cute name and have a catchy acronym but the three to four thousand pages will amount to nothing more than single payer. He’ll spend most of 2015 flying to and fro with backdrops of the sickly, (one can imagine a C-17 loaded with wheel chairs as props) behind him nodding and sometimes falling over as he blathers about the inaction of Congress and his relentless vision that all Americans be provided a free and viable health care system. Then in an about face with a bad jobs report and a stagnant economy Obama will shift focus to jobs for the 150th time and reveal a new economic program to yet more yawns and shrugs of shoulders from Americans.