The coming collapse of Obamacare


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I haven’t described this time any specific discovery about this monstrous law because the article at the link describes too many different examples where the law is failing. Here’s just one to give you a taste:

Insurers say they’ve also been hurt by customers who appear to be waiting until they become sick to buy coverage. The companies blame liberal enforcement of the ACA’s special enrollment exceptions. The law provides an annual enrollment window for several weeks starting in the fall. This is the main chance most people have to enroll or change coverage. But customers can enroll outside that window if insurance needs change because they’ve moved, gotten married or had a child, among other exemptions.

Exchanges have not been asking for birth certificates, marriage licenses or other proof of these life-changing events. Insurers say that leaves them vulnerable. The Montana Health Co-Op had a severely ill customer in a hospital sign up for its coverage in October and then drop a $250,000 bill on the insurer. CEO Jerry Dworak said he asked the exchange operator for details on whether the patient had a legitimate reason for the special enrollment. The exchange would only say that the patient changed ZIP codes.

“They’ve got to do something about the special enrollment because we just got killed on that,” Dworak said.

Read it all. The story also describes how the law’s health exchanges are failing, how healthy people are not signing up, how the law has caused health costs to skyrocket, and how it is causing heath insurance businesses to go bankrupt.

Other than these minor details, however, we all have been able to keep the insurance plans we like, and costs per family have dropped by $2500, just as Barack Obama promised! Let’s hire as our next President his former Secretary of State, who actually first conceived a similar Hillarycare proposal in the 1990s!

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