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Healthcare.gov: A Failed IPO
Townhall.com ^ | November 8, 2013 | Brian and Garrett Fahy

Posted on 11/08/2013 1:47:52 PM PST by Kaslin

If Obamacare’s website, www.healthcare.gov, had an initial public offering, as Twitter did this week, how might its stock price be valued after its recent performance?

In Colorado, nearly 250,000 people were notified that their health insurance will be cancelled because their plans fail Obamacare's requirements. In Washington State, nearly 200,000 people received similar notices. Coloradoans and Washingtonians may be losing their doctors and health insurance, but at least they have legalized marijuana to dull the pain.

Delaware and North Carolina each boast one Obamacare enrollee. Winning.

Beyond under-enrollment, the Obamacare-forced cancellations portend tragic consequences. The Wall Street Journal publicized the plight of Edie Sundby, a woman whose fight with stage-4 gallbladder cancer is now jeopardized because her PPO plan through United Healthcare, and the access it granted her to cancer specialists at UCSD and Stanford, is being cancelled because of Obamacare.

Likewise, younger Americans aged off the Obamcare dole are discovering their president gave them a raw deal. The Journal ran a front page story noting how young Americans, the key to the entire Obamacare Ponzi scheme, are not signing up en masse as needed. When the program goes broke because the Millenials refuse to be ripped off, will Obama's party still rock the youth vote?

Similarly, the Manhattan Institute announced this week that on average, Obamacare will raise insurance premiums by 41%, and the hardest hit will be the young, the healthy, and men. Perhaps their mantra should be "Obama lied, my policy died."

Campaigning (his specialty) to obfuscate his administration’s incompetence (his Achilles heel), the president suggested that the Obamacare’s problems are like trying to buy a great product but the cash register is broken. Really? It's more like the cash register is broken, and when it does work, it forces you to return what you had and liked and to pay more for a product you don't want, don't need, and in the case of men who are paying for contraceptive coverage and/or maternity care, can't use.

What is more, projecting to next year, when the enforcement of the employer mandate kicks in, it is likely that millions of Americans who receive good health care plans through their employers will be dumped onto the non-functioning exchanges. McClatchy News estimates that in total, between 34 million and 52 million Americans, a staggering number, may have their health care plans cancelled because of Obamacare.

What now looks like a wave of cancellation notices will be dwarfed by the tsunami of cancellations next year, just in time for the midterm elections.

Inevitably and ironically, the president's “signature domestic achievement” has become his greatest liability. The president has unwittingly re-taught the nation two important lessons.

First, as seen fifty years ago in the JFK and Bay of Pigs fiasco, being young and "hip" is no recipe for innovation or competence. Perhaps we should have anticipated as much from a guy who still carries a Blackberry.

Second, the president brought into stark relief the inherent failures of big government initiatives, and by so doing, has proven just how untenable large scale progressivism is in a nation still moored to and dependent upon its founding values of liberty and self-reliance. The consequence of healthcare.gov’s dysfunction is not the failure of Obamacare itself. That is too small. The true consequence is the necessary conclusion that progressive government itself is a recipe for failure.


TOPICS: Culture/Society; Editorial; Government
KEYWORDS: 0bamacaretrainwreck; ipo; obamacarewebsite; twitter; unaffordablecareact

1 posted on 11/08/2013 1:47:52 PM PST by Kaslin
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To: Kaslin

The website should be the EASY PART. People will die. This is going to be a huge, intentional mess.


2 posted on 11/08/2013 1:55:53 PM PST by Hillary'sMoralVoid
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To: Revolting cat!; GeronL

Sell it short and you can retire on the profit$. Or at least buy some health insurance premiums for a year.


3 posted on 11/08/2013 1:59:13 PM PST by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: Hillary'sMoralVoid
Yeah, but they used amateurs who had never set up a web page.

Starting the web page over 31/2 years after the bozo from the Spite House signed the bill does not help either

4 posted on 11/08/2013 2:01:48 PM PST by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: Kaslin
"Inevitably and ironically, the president's “signature domestic achievement” has become his greatest liability."

Many of us knew this would be the result when Obamacare was first passed in Congress.

As alluded to in the article, it
1. Forces a fundamental realignment of the citizens' relationship to their government,
2. Rips away the individual's power of choice over their own body,
3. Compels every citizen to purchase a product that is determined by government bureaucracy,
4. Greatly raises the cost of those products in doing so,
5. Dissolves certain protections guaranteed in the Bill of Rights,
6. Dynamites the sovereignty of the states,
7. Penalizes individuals who refuse to participate, and
8. Will ultimately destroy the health care industry as we've known it in this country.

The country may have slid a long way down the chute since its best days, but Americans still aren't prepared for such a drastic and fundamental transformation of their way of life and government.

This thing was always too big and complex to work, and was destined to fail. Whether Obama, et al intended that, is another conversation. The practical result of this will be a massive implosion of the Democrat party. They've set in motion something that they may not even have the power to unwind at this point, and it's going to come back to bite them in a big way.

The destruction to our economy and our health care system is going to resonate in every home and across the nation for years to come - and the Dems have it permanently tattooed to their foreheads.

They'd better start packing their bags for a long trip into the wilderness. This is going to hurt.

5 posted on 11/08/2013 6:15:04 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Windflier
I can think of one silver lining and it is that not a single Republican voted for this act of fundemental transformation. That is a phenomenal these days. And so the Rats have no one else to blame...not even their base will buy their attempts to hang it on Bush or the Tea Party. What a disaster this Obama error has been.
6 posted on 11/08/2013 6:29:28 PM PST by Dysart (Obamacare: "We are losing money on every subscriber-- but we will make it up in volume!")
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To: Dysart
I can think of one silver lining and it is that not a single Republican voted for this act of fundemental transformation. And so the Rats have no one else to blame...not even their base will buy their attempts to hang it on Bush or the Tea Party.

Even knowing that some of their base is so ignorant that they'd buy any lie they're selling, I doubt the Dems would be stupid enough to try pinning the blame for Obamageddon on the Repubs or Bush.

I think they already realize that they'd instantly lose whatever shreds of credibility they had left among the more educated, affluent libs, who would see through something like that in a nanosecond.

I'm afraid this thing (and all of the fallout and aftereffects) are squarely on their shoulders - and they know it. All they can do now, is try their very best to find a way to distance themselves personally. I don't even know how they do that. They all voted for it.

Maybe they'll decide to do what Dems always do when everything goes south -- they'll double down. Now that will be the BIG test of wills between the people and their government, won't it?

Dems: "Take your medicine, America!"

The People: "Come and make us."

7 posted on 11/08/2013 6:50:36 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Windflier
Having reached some level of experience and maturity (hey, I said a little!) I do not get too alarmed about external events beyond my control; however I was thinking this very night after listening to the Israeli response to what no doubt will be a very foolish accord regarding Iran, and a host of other issues, that the world is truly unraveling. Thoroughly undone. And worst of all the modern world's rock, the USA, is unavailable due to its own implosion, to stabilize it. These are indeed interesting times.
8 posted on 11/08/2013 7:06:20 PM PST by Dysart (Obamacare: "We are losing money on every subscriber-- but we will make it up in volume!")
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To: Dysart
the world is truly unraveling. Thoroughly undone. And worst of all the modern world's rock, the USA, is unavailable due to its own implosion, to stabilize it. These are indeed interesting times.

True, but I don't think America will stay imploded forever. We're a resilient people, and will emerge from the dark times of Obama bruised, but not broken - and (I think) a whole lot wiser than before.

That man has been a real world life lesson in what happens when unbridled Socialism is unleashed upon a country and its people.

9 posted on 11/08/2013 7:55:48 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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