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Tuesday, January 28, 2014

The Killer Nail For Obamacare

Even Democrats now worry Obama's signature law has fatal flaw

An ardent supporter of President Obama’s health law now admits the funding for Obamacare is in peril because young Americans simply aren’t signing up in large enough numbers, and a health-policy expert says Republicans are on the right track with their various repeal and replace approaches to the law.

In an effort to get everyone insured, Obamacare has always been predicated upon millions of young, healthy people choosing to enroll, even though the penalty for not having insurance is far lower than the premiums they are facing.

The Obama administration now says more than three million people are enrolled in the various health-care exchanges but won’t offer statistics on how many have actually paid premiums and whether enough young people are in the mix to pay for the care needed by older, less healthy Americans.

Rep. Jim Moran, D-Va., told NPR-affiliated WAMU radio that he doesn’t expect the numbers to balance when open enrollment comes to a close.

“I’m afraid the millennials, if you will, are less likely to sign up. I think they feel more independent. I think they feel a little more invulnerable than prior generations, but I don’t think we’re going to get enough young people signing up to make this bill work as it was intended to financially,” he said.

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6 comments:

Anonymous said...

Yes Jim you are right in more young americans not signing up because of feeling independent, just like the other americans who have not signed up. We don't need your obamacare!

Send Obama packin to Kenya said...

REPEAL like the 18th Amendment that was repealed that the government shoved down folks throats in 1929-1933,,,

Anonymous said...

I'm a 30(ish) male and have no desire to buy coverage that includes birth control and pregnancy coverage.

If the coverage was more realistic (option to have, say, catastrophic only... without unneeded stuff), I'd definitely consider... otherwise it's just better to change my federal withholds so that I owe at the end of the year and not pay the fine.

Anonymous said...

I'm a divorced man, 62 years old. I have to have MATERNITY coverage, for Pete's sake! Also pediatric care and coverage for drug abuse. Why?

Anonymous said...

6:51 - because the government that we elected says so.

November elections are coming - remember the politicians lack of common sense at the ballot box and maybe we'll be able to start taking our country back from these socialists!

lmclain said...

I think that means that the confiscation of your IRA, 401(k)'s, and your CD savings accounts will begin much sooner that they are telling you.
Keep cheering.