Skip to comments.Study: ‘Obamacare’ Will Lead To Health Insurance ‘Death Spiral’ (Pelosi knew)
Posted on 08/25/2013 4:03:25 PM PDT by Libloather
WASHINGTON (CBS DC) A substantial number of young, single Americans have a solid financial incentive to forego the Obamacare health insurance exchanges a trend that could send the federal health care program into a death spiral.
According to a new study from the National Center for Public Policy Research, a large number of single people between the ages 18-34 who do not have children have a substantial financial incentive not to cross-subsidize older, sicker Americans covered under the health care system. Without the younger generation purchasing through the exchanges, the exchanges will quickly dry up.
(Excerpt) Read more at washington.cbslocal.com ...
I'm pretty sure that's how they get their greedy little hands on 401K accounts. For the children, of course.
The point where insurers switch sides is going to be the crisis point. If OCare can’t come up with a way to buy them off in whatever system follows OCare, they’ll torpedo it. The “single payer” will either be an insurance company, or there won’t be one.
Bingo! You have the correct answer.
1. Pass Obamacare.If the Republicans are clever, they can replace Step 4 with real reform that introduces free-market solutions.
2. Implement Obamacare.
3. Make sure Obamacare fails.
4. Pass single payer.
then they missed a step between 3 & 4, where theres this thing called Win re-election.
Who picked ages “18-34” to study people not buying insurance? What about older healthy people?
My college son visited his NJ friends family. In 2012 they voted for Obama and thought Obamacare was good till reality hit. The friends father almost lost his good union health insurance, his friends mother lost hers as the place she worked at cut her hours to 29. The friends sister just lost her job because the place she worked at want to keep the number of workers below 50. They are pissed and angry at Obama, and probably will sit out of the elections in 2014. They are not ready to vote GOP but will boycott Dems, they basically do not trust politicians. IMHO many Dem blue collar will sit out of the election in 2014. It will help the GOP in short run, but in long run not help because these blue collar voters are available if the right Dem candidate comes along. Biggest challenge to GOP is to win these Dems over. Stop catering to corporations and Wall Street will be a good start. Supporting unabash globalism and free trade without weighing its degree of social disruption against its benefits would be a good place to start. If free trade and NAFTA is sooo good for America, why is the middle class shrinking and incomes stagnated for 10+ years before 2008 financial implosion, while Wall Street and CEO got richer and richer?
TAKING HOMES AND ASSETS FROM PEOPLE.
I’m pretty sure that’s how they get their greedy little hands on 401K accounts. For the children, of course.
This is how “healthcare” will be funded.
The government sets the payment which can go up.
The farther up it goes the more people get thrown to the state.
A certain fixed percentage lose everything.
The more money they want...the more people get thrown onto the state.
Perfect funding source for the medical-industrial complex.
WE TOLD YOU FREAKING LIBERAL IDIOTS!!!
If the fine for not getting insurance is less than the cost of buying insurance they will just pay the fine, THEN when they eventually get sick or hurt, THEN they will go get insurance which the insurance companies are MANDADATED by law to give to them even with a pre-existing condition!
This was COMPLETELY PREDICTABLE
Everything you say about the flaws of Obamacare is correct.
But unpopularity alone won’t stop the single-payer freight train coming down the tracks. Once the low-information voters have been shown the “utopia” of eliminating preexisting conditions, there’s no going back to the days when insurance companies could operate like, well, insurance companies and not offer a free ride to everyone.
The National Health Service in England is quite unpopular in public opinion polls, with all the horror stories coming from the brutal and decrepit hospitals. But the brain-dead British people, euthanized by big-government, will not give up socialized medicine. Instead the National Health Service is celebrated in Orwellian fashion at the summer Olympics.
The entire premise of Obamacare is that the 18-34 cohort -- which is the least likely to buy health insurance -- would end up paying for either a.) the low income premium subsidies with their tax penalties or b.) the discounted premiums for older healthy people.
Somebody has to pay the freight...and it was 18-34's who were nominated.
Consequently, if they don't cooperate, the scheme collapses into a pile of excrement.
You have 1&2 right but don’t you think Obamacare will implode/self destruct from fraud and waste before 3&4 can be implemented?
. This is one time I hope the SHTF!
Do it now!!! Sign the petition to defund Obamacare sponsered by Senators Lee & Cruz!!!
Oh, I think this is coming out exactly as planned. Progressives (Marxists) have always wanted single-payer; and, this is going to get them there.
R candidates get majority of campaign cash from corps... For your suggestion to be viable, we have to crowd out that source. It helps to ONLY donate to individual campaigns.
of course rats are in a similar situation, except replace corps with unions, replace conservatives with blacks/lbgt/etc
Yep. Why is everyone so shocked? This is the plan.
Is that he 0Care game board? Are those all of your choices for *treatment*?
Obama thought delaying the employer mandate till 2015 would delay what the employers do before mid term elections. WRONG! Companies plan ahead and are already gearing up and making announcements to accomodate “Obama no care” now. Companies are also informing employees as to why they are making their decisions. Mid term elections are going to have some ticked off voters.
Sponsoring FReepers are contributing
$10 Each time a New Monthly Donor signs up!
Get more bang for your FR buck!
Click Here To Sign Up Now!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.