You are no doubt aware that O’Care does not work and that you have been lied to and head faked by Obama, Reid, Pelosi, et al. Here, courtesy Karl Rove and Charles Krauthammer, are some frightful details that will make you certain that O’Care is heading for the bone yard and fast.
Crowding-out seems to have started earlier than anticipated. This is probably because the study (a) did not consider ObamaCare’s impact in causing the cancellation of many policies in the individual and small-group markets, or (b) its incentives for companies to drop employer-provided coverage, especially businesses with fewer than 50 workers. Whatever the explanation, most people getting private insurance under ObamaCare already had it, probably with lower premiums and deductibles.
There are also questions about Mr. Obama’s Twitter claim on Jan. 10 that “6 million Americans have already signed up for coverage thanks to health reform.” That figure was calculated by adding the 2.1 million who selected a plan through the federal or state insurance exchanges in October and November with the 3.9 million who signed up for Medicaid during the same period.
But according to a Dec. 20 report from the Centers for Medicare and Medicaid Services, 911,277 of the 1,650,231 people found eligible for Medicaid in November live in states that did not expand Medicaid as allowed under ObamaCare. The total in states that participated in ObamaCare’s Medicaid expansion was 738,954.
Why does this matter? Because fully 55% of the people who signed up for Medicaid live in states where they were eligible before the Affordable Care Act. It’s also likely that many in the states that expanded Medicaid would also have qualified under the previous, lower threshold in place before ObamaCare.
Accenture, the new company in charge of finishing the federal health-care exchange’s website, has said that if the back end of HealthCare.gov isn’t fixed by mid March, the entire health-care law will be jeopardized.
The back end of the website “is the essence of the system,” Charles Krauthammer said on Special Report tonight. “The HealthCare.gov, the signup, communicates with the insurers, and right now what that document was saying in alarming tones is because the back-end wasn’t constructed, there’s no way to communicate either accurate or any information about who the person is and if that person is insured.”
Because that information can’t be communicated, there is no way to determine what subsidy should be paid for any one individual. Wrongly guessing the subsidy could potentially leave insurers in the lurch or stick the government with a hefty bill, Krauthammer said.
“The deadline is mid March,” Krauthammer added. “If they don’t have this in place in mid March then all hell’s going to break loose on this.”
Latest posts by Richard C. Young (see all)
- Christmas Presents for You and Family Members - December 11, 2016
- Crisis at Vanguard: Part I - December 9, 2016
- Intelligence on Retired Marine Gen. Mattis from Cato’s Chris Preble - December 8, 2016