(CNSNews.com) – Economist John Goodman, who warned last October that Obamacare could plunge into a “death spiral” if not enough young, healthy people signed up for coverage, says that danger is now “significant” following news that the Obama administration failed to hit its young adult enrollment target.
“I think there is a significant problem here,” Goodman, president and CEO of the National Center for Policy Analysis (NCPA), told CNSNews.com. “I think the insurers are worried. I think the administration is worried.
“Remember, everybody is facing the wrong price. And sick people are facing a price that’s well below the cost of their care. Young healthy people are being overcharged. And so they need lots of young healthy people to join so they can get the money to pay the bills for the sick people. And the younger people just aren’t buying it.
“Part of the problem, I think, is that it’s been so difficult for people to sign up, and so the only ones who’ve persevered – sometimes trying a hundred times – are people who really have serious health problems.”
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2 comments:
I think Obama himself is at significant risk of a death spiral if his signature law goes down the tubes.
He has exhibited consistent character flaws and emotional weakness that indicates a troubled mind in danger of psychological collapse.
It looks like his fraud and incompetence
will catch up with him soon, all the better for America's future if he has to step down due to mental illness.
He should be on suicide watch as his regime and world status crumbles around him.
Hopefully he will get the psychiatric help he needs.
it is not mental illness, it is the plan. collapse it and he will have to step in and create a single payer system.
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