I am clearly beginning to see who the real winners are in this debacle. The insurance companies really made Obama look like the inexperienced moron he is. They are laughing all the way to the bank.
But the insurance companies have some new requirements about having to pay a certain percent of their revenues out in claims or “heatlh care”, so I think they are under tight reins about the ability to make any profits under the new deal.
Obamacare also dictates to the insurance companies that 85% of premiums be spent on health care. So they have 15% for overhead that they may or may not be able to squeeze any profit from.
The whole thing is designed to fail while bankrupting the health insurance industry.
So we can be “saved” through the institution of a single payer system (everyone on medicaid/medicare). One sixth of the economy socialized and government pwned.