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The Obamacare Insurance Exchange Train Is Already Coming Off The Rails
Forbes ^ | 5/27/2013 | Sally Pipes

Posted on 05/27/2013 8:11:56 PM PDT by neverdem

Sen. Max Baucus (D-Mont.) raised eyebrows across the country last month when he publicly fretted about an Obamacare “train wreck” as the Administration rushes to implement the many provisions of the law that take effect in 2014...

--snip--

HHS is not just raiding the federal treasury to promote the exchanges. Secretary Kathleen Sebelius is now shaking down corporations and nonprofits to bankroll the Administration’s efforts. She’s solicited donations on behalf of Enroll America, a group headed by former Obama staffers that seeks to aid in the rollout of Obamacare.

Sen. Lamar Alexander (R-Tenn.) postulated that Sebelius’s fundraising may be illegal and has called on the Government Accountability Office to investigate...

--snip--

And Obamacare’s raft of regulations and costly benefit mandates will only drive prices higher. According to a new report from the House Energy and Commerce Committee, major health insurers expect average premiums for individuals to double — and in some cases, to quintuple. Small-business premiums will shoot up anywhere from 50 to 100 percent.

Of course, if premiums increase, the federal subsidies Obamacare established to keep them affordable will have to surge, too. The Congressional Budget Office recently raised expected subsidy costs over the next decade by $233 billion.

The Obamacare train is derailing right now. The only way to stop it from crippling taxpayers, small businesses, the health care system, and the economy is to cut the engine and pull hard on the brakes.

(Excerpt) Read more at forbes.com ...


TOPICS: Crime/Corruption; Culture/Society; Editorial; Politics/Elections
KEYWORDS: abortion; alexander; baucus; deathpanels; enrollamerica; epicfail; hhs; kathleensebelius; lamaralexander; maxbaucus; obamacare; obamastaffers; shakedown; trainwreck; zerocare
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To: Lexinom

I’m not looking forward to the Train-wreck, just trying to steel myself for what it will be... comfortable is not a word that may be used for a couple generations and that cuts me deepest.

I don’t care about me... my Kids and Grand-kids will have to heft a load that I (my Generation) left them.

TT


21 posted on 05/27/2013 9:23:24 PM PDT by TexasTransplant (Idiocracy used to just be a Movie... Live every day as your last...one day you will be right)
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To: martinidon

What you said!


22 posted on 05/27/2013 9:24:00 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: BunnySlippers

the big 3 insurance companies that sat this out know what a disaster this is going to be. They know the biggest issue will be getting people to pay.


23 posted on 05/27/2013 9:30:22 PM PDT by martinidon
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To: Lexinom

We can assume that they have planned for adequate Prison Space for us, what they have not planned for is what we will (are capable of doing) once there... and how pissed off we will be.

TT

(they will pay a hefty price just trying to get me there, 2 Morons in MA kept’em busy for a couple of days, think about Millions with a lot more to lose)


24 posted on 05/27/2013 9:35:49 PM PDT by TexasTransplant (Idiocracy used to just be a Movie... Live every day as your last...one day you will be right)
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To: martinidon

You are absolutely right. Wait until they find out that their “free” healthcare will be cancelled if they don’t pay for it — or if they do pay for it, it will take every dime of their discretionary income. Wait until we see what that does to the economy: no dinners out, no movies, forget about a new car ever...


25 posted on 05/27/2013 9:38:14 PM PDT by informavoracious (We're being "punished" with Stanley Ann's baby. Obamacare: shovel-ready healthcare.)
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To: TexasTransplant

They aren’t planning on jailing you... They will just confiscate everything you own. That is the goal.


26 posted on 05/27/2013 9:44:47 PM PDT by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
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To: informavoracious

I love your tag line! We are being punished with Stanley Ann’s baby!


27 posted on 05/27/2013 9:52:13 PM PDT by Yaelle (Thank you to all who gave the ultimate for us; may you rest in peace.)
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To: martinidon

Dismantle Obamacare NOW!!!


28 posted on 05/27/2013 9:57:17 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: hometoroost

It’s gonna pop good and loud and good and messy all of its lonesome. When Britain and Sweden and Canada played with this toy, they had other countries that the truly desperate could go to. With the US being scrod that way, the world’s escape hatch has just been barred and locked. The clamor will embrace the globe! Like ya say in yer name, home to roost....


29 posted on 05/27/2013 9:57:53 PM PDT by HiTech RedNeck (Whatever promise that God has made, in Jesus it is yes. See my page.)
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To: TexasTransplant

It will be Interesting Times as in the curse of may the cursee live in them....

But it could be spiritually highly profitable times. It’s when the world goes ka-bust that God shines the brightest.


30 posted on 05/27/2013 9:59:45 PM PDT by HiTech RedNeck (Whatever promise that God has made, in Jesus it is yes. See my page.)
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To: informavoracious; martinidon
Wait until we see what that does to the economy: no dinners out, no movies, forget about a new car ever...

...No stupid useless college degrees in stupid useless fields of study, no latest fashions, no overpriced coffee drinks, no overpriced "natural" foods, no expensive consumer electronics, no iPhones, no cable, no Internet...

31 posted on 05/27/2013 10:01:19 PM PDT by thecodont
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To: Yaelle

***** “We are being punished with Stanley Ann’s baby!” *****

Come to think of it “Punished by a Baby”

Isn’t that in one of his speeches? May be the first Abortion that I could approve ... even at this stage of development.

TT


32 posted on 05/27/2013 10:06:55 PM PDT by TexasTransplant (Idiocracy used to just be a Movie... Live every day as your last...one day you will be right)
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To: thecodont

Well the frills will go away. The technology, well one might end up paying for bandwidth on what in the rich ages had been a free internet backbone but the means exist, they won’t be forgotten.

An economy can pick itself up pretty quick, however, after an utter bust... if the folly that made it go bust also goes bust itself. It’ll be a literal jubilee... everyone takes a bath, then it gets rebuilt... IF, big IF, the gospel still reigns. If God decides to make it all go tilt unto the end times, then Katy bar the door. Maybe some of us will be saying “Hello, Jesus!” sooner than we think.


33 posted on 05/27/2013 10:07:46 PM PDT by HiTech RedNeck (Whatever promise that God has made, in Jesus it is yes. See my page.)
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To: TexasTransplant

They’ll put leins on any property you own first. That is, if we still have property by the time they catch up to us not paying, in this unproductive deteriorating economy.


34 posted on 05/27/2013 10:16:41 PM PDT by piasa (Attitude adjustments offered here free of charge)
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To: HiTech RedNeck

***** “spiritually highly profitable times” ******

Times of Stress, small or great have always been spiritual with me, not like I’m not spiritual the rest of the time... I just do not see any good side of this coin.

Now I see the Darkness and my Faith is the only thing that keeps me from getting sucked into that Hole / The Abyss of Darkness and Despair.

Do not Surrender! Never... Ever... Give Up!
(I always think of the Frog in the Cranes Beak... strangling the Crane that is trying to swallow him... “Ain’t gonna happen Sport”)

TT


35 posted on 05/27/2013 10:23:31 PM PDT by TexasTransplant (Idiocracy used to just be a Movie... Live every day as your last...one day you will be right)
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To: TexasTransplant

Well, it’s because we’re habitually so dull, that God often has to let darkness loom in order to encourage us to flee to the light. We become satisfied with the world’s lullabies. When that turns to hate grunge, then we aren’t satisfied anymore!


36 posted on 05/27/2013 10:30:01 PM PDT by HiTech RedNeck (Whatever promise that God has made, in Jesus it is yes. See my page.)
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To: BunnySlippers
I read this week that the three largest health insurers decided NOT to insure in CA exchanges.

Those three had only 8% of California's market share up to now and are sitting out at least a year to see how thing's go. I don't blame them. They are most interested in actuarial costs.

37 posted on 05/27/2013 10:33:06 PM PDT by steve86 (Acerbic by Nature, not Nurture™)
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To: steve86

Most Democrats I know thought they were voting for “FREE healthcare”. Nothing is free. So now they learn.


38 posted on 05/27/2013 10:52:20 PM PDT by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: neverdem

Didn’t Forbes just publish an article on how great ObamaCare is in California?


39 posted on 05/27/2013 11:51:59 PM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: berdie
But even Boehner doesn’t want to tick off his constituents.

That would explain why he refuses to allow defunding of ObamaCare if you assume his constituents are democrats.

40 posted on 05/28/2013 12:34:23 AM PDT by itsahoot (It is not so much that history repeats, but that human nature does not change.)
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