You want to know why Obamacare will collapse?

**Posted by Phineas

"The Obamacare roll-out experience" — “The Obamacare roll-out experience”

I’m in Texas. As a 50 year old non-smoker, I have (or did yesterday) 46 plan options from three insurers. I’m not eligible for catastrophic coverage since I’m over 30 and not indigent. And there were no platinum plans offered to me. The bronze, silver and gold plans ranged from $202 a month to $586 a month. I searched just for myself, not family coverage. The story going forward is going to be that the low-cost plans are garbage. Plan after plan had $5,000 and $6,000 deductibles before they pay a penny in benefits, and even then you’d still be on the hook for 40% of your bill. Once you get to the $350/$400 a month range, there are a few plans with $1,500 and $2,000 deductibles. One silver plan (I think in the $450 a month range) had zero deductible, but sky-high copays and all kinds of limitations. Many of the plans only cover “in network” care and don’t pay a penny for anything out of network. And staying in networks can be a big challenge. If you go to an orthopedic surgeon who’s in network, great, but you can easily find out after the fact that the anesthesiologist he used isn’t in your network.

Sticker shock when it comes to premiums, deductibles, and co-pays is going to hit a lot of people between now and January 1st. It already has in California and Alabama, among other states. And there will be a lot more of it as people lose their coverage and have to go onto the Obamacare exchanges.

This is going to make a lot of people very angry, whether they subject themselves to the highway robbery of the new rates, or refuse to get covered and instead pay the fine …er… tax. And they’ll be darned sure to let their (Obamacare-exempt) congresscritter or senator know it, at which point we can point out that not a single Republican voted for this train wreck, and we have solution ready to go, if only they’ll vote us into a majority on Election Day.

Oh, and if those younger, healthier workers decide that it makes much more sense for them to pay the tax than buy a plan on the exchange (BTW, they’re right), Obamacare still falls apart because the revenue from the “Roberts tax” will in no way cover Obamacare’s expenses. They need these people to pay much more than they should for the system to have any chance to work. It’s all about wealth transference.

Do read the rest. I suspect we’re going to see many more stories like this in the days and weeks (and months and years) to come.

(Crossposted at Public Secrets)

11 Responses to "You want to know why Obamacare will collapse?"

Drew the Infidel says:

October 10, 2013 at 5:55 pm

As if the “sticker shock” were not enough, there is another consideration and that is confidentiality of the sensitive info about yourself that will be part of the sing-up. Does anyone honestly believe the sanctity of the doctor-patient relationship is going to be protected? Consider that almost on an annual basis some government entity inadvertently posts personal info online and that the NSA could not prevent some jackwad like Edward Snowden from pilfering its most protected secrets.
Joy says:

October 10, 2013 at 7:27 pm

In connection with Drew the Infidel’s comment, we have to worry about people at lower levels in the IRS or other Federal or State levels that have computer access to our medical records. I mean, if the IRS senior level officials share tax information with the White House, what is to prevent lower level employees sharing medical records with potential employers, newspapers, blackmailers, etc.? We have to remember that Obama won two elections by somehow getting court-sealed files reopened and exposed their contents to the press.
ALman says:

October 10, 2013 at 9:33 pm

I’ll note that newsmax.com has an article (which came to my attention via PJMedia) entitled “Dick Morris: Oklahoma Suit May End Obamacare”. Basically, the assertion is that though the constitutional challenge didn’t work it may very well be that the language of the law may be it’s own un-doing. The suit is working its way through the judicial. Should it reach the Supreme Court, the opinion is that this would happen to late next year.

I daresay there are those in all three branches of government who deserve to get the “boot” out of office. They’ve basically abandoned out Constitution for their personal exercise of power. If we’re going to change our form of government, then that ought to be done through the amendment process. If not, whoever has sworn to preserve and protect is under that obligation. Not doing so is a case for removal from office.
Phineas says:

October 11, 2013 at 11:13 am

Drew:

As if the “sticker shock” were not enough, there is another consideration and that is confidentiality of the sensitive info about yourself that will be part of the sing-up.

That’s an excellent point: data security and identity theft is another big bomb waiting to go off.
kevino says:

October 11, 2013 at 12:25 pm

Phineas is correct: The amount of information that the IRS and HHS will collect is staggering, and it will lead to all manner of abuse by the State, including releasing your personal information to criminals if you get on the enemies list.

It will also be used to collect information on the democrats’ political opponents.

However, the amount of data will be a huge undertaking. The State will be hiring large numbers of employees and contracting with favored IT companies for help.

But the basic answer to the question: “Do you know why Obamacare will collapse?” Yes, it was designed to collapse. It was designed to be a train wreck that takes large numbers of people off their insurance and grossly inflates the cost of healthcare. And the democrats are waiting in the wings with the cure to THOSE problems, too.

You think Obamacare is bad? Wait until you see version 2.0.
From Around the Blogroll | The First Street Journal. says:

October 11, 2013 at 7:36 pm

[…] writing on Sister Toldjah, asks if You want to know why Obamacare will collapse? Then he tells […]
Great White Rat says:

October 11, 2013 at 10:30 pm

In the meantime, think about Obamacare against the background of the current shutdown. Consider the demonstrated spitefulness of this admininstration.

Then ask yourself: would anyone – regardless of party – trust an administration to be in charge of their health care once it has shown it will intentionally make people suffer strictly for political purposes?

All you’d need to have scores of life-or-death operations cancelled might be for the presidential favorability polls to drop far enough that he decides it’s time to make a few people suffer and blame it on the other party.
Pennsylvania Mom Forced To Choose: Obamacare Or Food For Her Family | The Tree of Mamre says:

October 11, 2013 at 11:26 pm

[…] You want to know why Obamacare will collapse? […]
Tex says:

October 12, 2013 at 11:34 am

I have always felt that the best way to end Obamacare is really quite simple. Rather than to try to have it repealed BEFORE it starts, which the MSM and Libs will fight tooth and nail, and use as an excuse to vilify Conservatives, instead fight around the margins to prevent people like the unions, Congressional Democrats, and Libs in general who are responsible for this mess, from getting exemptions from it for themselves and their pet supporters – force them to live under the same incompetent system they forced on everyone else against their will.

The Democrats will have a much more difficult time trying to justify exemptions from Obamacare for themselves and their pet supporters. And when those people are forced to get screwed by the system, the Libs will be tripping all over each other trying to end it themselves.
Drew the Infidel says:

October 12, 2013 at 8:29 pm

What if nobody buys in to this death trap? The non-participation penalty is cheaper than any premiums quoted. That, and that alone, will cause this piece of commie crap to fall flat on its a*s.
» October 13, 2013 says:

October 13, 2013 at 9:40 am

[…] » You want to know why Obamacare will collapse? […]

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