Obamacare can’t work for many reasons, but the one assumption that made the numbers kind of add up was if a large % of the presently uninsured (made of mostly of young, healthy people) were mandated to buy health insurance.
If they instead opt out and pay the penalty, which is miniscule compared to the cost of a policy, the rest of us pay increased costs on our own health insurance, but the medical care for those who opt out.
Obamacare just goes belly up much faster than originally calculated.
No surprises here at all. It is entirely predictable and an outcome eagerly welcomed by Democrats. The sooner they can herd everyone into single payer, the better. They are gleefully rubbing their hands together in anticipation of the huge pot of money currently overseen by health care insurers being sent to D.C. for them to dole out to their constituents.
“...huge pot of money currently overseen by health care insurers being sent to D.C. for them to dole out to their constituents....”
Of course, it will be another bottomless bonanza of revenue stolen from taxpayers and to be used by greedy and unprincipled politicians who want to get into office or to keep their seat.
It is entirely and laughably incidental to all of them whether or not anyone actually GETS health care or whether the health care they get is worth a dam$ or is OR timely!
“If you put the federal government in charge of the Sahara Desert, in 5 years there’d be a shortage of sand.” Milton Friedman