IIRC, doesn’t the law offer all sorts of goodies for those who are ill right now? Like these ill people can get insurance right now at a fairly affordable rate.
So that means you need all of the young healthy people signing up right now or in a short period of time to off set the huge cost that the insurance companies now face with having to take on all these extra sick people.
So without the young people to offset the huge costs this year, the insurance companies will be put into a bind to force the additional on those who already have plans.
Anyway those are my thoughts. They could be wrong though. So you may want to look into it some more.
I certainly agree that the Affordable Health Care Act can’t work, it essentially destroys the concept of insurance while simultaneously requiring everyone to buy it. Obamacare will inevitably become a financial black-hole, sucking what little life is left out of our free-market economy. I however do not agree with the notion that Obama or the Democrat party will ever give up on their dream program just because it’s destroying our country.
This notion of “let it fail” assumes that we have leadership willing to do something about that failure, other than point fingers and print money.