It was really painful to watch the Sebelius hearing. I realized how little they could possibly understand the enormity of the mess they’ve made.
I read that Landrieu and others are considering a piece of legislation called “The If You Like It, You Can Keep It Act.” It’s way too late for that. The insurance companies have already made their projections and adjustments for 2014. There’s no going back, but there’s also no going forward it seems.
I can’t wait until the new premiums come out for January. Employer sponsored coverage is going to get killed, too. Is there anyone on the planet smart enough to fix this?
The problem is that the Repubs want to save Obamacare instead of ridding the
monstrous catastrophe that's about to ruin our economy and jobs. Any delay will
also allow the full implementation of Zerocare and allow the Feds to save their
ass' after the titanic has sailed without a radio. In a year nobody will remember
the Titanic-care send off. They'll only know that the Repubs helped create the
failure and will be blamed for all of it. They must not touch one rivet!
It can't be "fixed" -- not in the conventional meaning of the word. Obamacare is irrepairable; a total loss.
Consequently, the best fix would be to repeal it, in toto. Then,, start all over again.
There will be massive problems with this approach, too -- as you suggest. But every day of delay, part of the healthcare infrastructure erodes away -- and risks being lost forever.
Push the "re-set" button -- tomorrow, if possible -- and let the market figure out how to adapt and re-gain something like the status quo ante. Markets are really, really good at this -- and the less "guidance", the better.