7 thoughts on “ObamaCare Continues Its Collapse”

  1. I have been reasoning that it is if not collapsing, its adverse effects are being mitigated by the Administration’s deliberate choice to mitigate it through waivers and such.

    I have gotten some pushback here that it is not collapsing and it is as onerous and malignant as ever.

  2. “I have gotten some pushback here that it is not collapsing and it is as onerous and malignant as ever.”

    I think it’s both malignant as well as collapsing.

    But the collapse doesn’t mean all things are great…there will be a great deal of pain to go through to sort this all out.

  3. Oh but what’s a few broken eggs, right?

    “Add 250 New York cancer patients to the long list of victims of ObamaCare’s lies — just one more snapshot of the program’s ongoing death spiral.

    These New Yokers are getting treatment at world-renowned Memorial Sloan-Kettering Cancer Center — but their ObamaCare policies are about to vanish, as Health Republic, one of the largest health insurers on New York state’s exchange, and the only one to cover Sloan-Kettering treatment, is shutting down at month’s end after losing $130 million.

    The state exchange’s “solution”: It’ll give them an extra two weeks to find a new policy — but it has nothing that will save them from having to change hospitals and medical teams. (It is in talks with the hospital about trying to give them an extra year of coverage there — but with no word on who’ll pay.)

    Robert Goldberg, vice president of the Center for Medicine in the Public Interest, warned of the problem two years ago in The Post: ObamaCare’s design screws cancer patients, as well as those with AIDS and other serious conditions.

    To save cash, exchange policies offer very narrow networks of providers, and also stint on which medications are covered, while imposing hefty out-of-pocket costs on patients.”

    Hefty out of pocket costs? Stint on which Medications are covered?

    Oh but No! Pelosi, Reid, Obama nd Jim told us this wouldn’t happen…..

    But there’s more:

    ““The whole point of the Affordable Care Act was to make it affordable,” Vince Capone, a retired dentist with pancreatic cancer told Newsday. “If this plan was set up but was priced too low and then went out of business, then I guess the whole thing was a sham.”

    Yeah, sham is a good name for it.

    The wheels on the ObamaCare bus are falling off one by one. Then again, this isn’t anything new.

    Take Health Republic, whose failure is forcing 100,000 New Yorkers to find new coverage. It’s just one of 23 “health cooperatives” across the country launched with a total in $2.5 billion in taxpayer cash — and eight are closing, with another 13 headed there.

    100,000 New Yorkers to …what? FIND NEW COVERAGE?

    a hundred thousand?

    But,,,but Jim you said this wasn’t happening!

    Tool

  4. But it’s saved 50,000 lives, and insured 20 million more people. We have that from Jim. How can that be doubted? She’s just wrong.

  5. Obamacare is blowing holes in State Budgets:

    “The free money promised by Washington to states agreeing to Medicaid expansion has turned out — surprise! — to be a sucker’s bet, write Evelyn Everton and Chris Hudson:

    The AP says that California expected 800,000 new enrollees after the state’s 2013 Medicaid expansion, but wound up with 2.3 million. Enrollment outstripped estimates in New Mexico by 44%, Oregon by 73%, and Washington state by more than 100%.

    This has blown holes in state budgets. Illinois once projected that its Medicaid expansion would cost the state $573 million for 2017 through 2020. Yet 200,000 more people have enrolled than were expected, and the state has increased its estimated cost for covering each. The new price tag? About $2 billion, according to the Chicago Tribune.

    Enrollment overruns in Kentucky forced officials to more than double the anticipated cost of the state’s Medicaid expansion for 2017, the AP reports, to $74 million from $33 million. That figure could rise to $363 million a year by 2021.

    In Rhode Island, where one-quarter of the state’s population is now on Medicaid, the program consumes roughly 30% of all state spending, the Providence Journal reports. To plug this growing hole, Rhode Island has levied a 3.5% tax on insurance policies sold through the state’s ObamaCare exchange.

    Even Ohio, whose Republican Gov. John Kasich is running for president on a platform of fiscal responsibility, finds itself in a Medicaid bind. State spending on the program has grown by $5.8 billion since 2011. The Ohio Department of Medicaid projects that by 2017 spending will total $28.2 billion—a 59% increase during Mr. Kasich’s tenure.”

    25% of RI inhabitants on Medicaid!!!

    And so the state levied a 3.5% tax on…ON……

    INSURANCE PREMIUMS!

    So now in addition to the premium hikes that the insurers have to request, given the hideous failure of Obamacide, now the State adds another 3,5%

    But….but….this can’t be happening! Jim insists this isn’t happening!

  6. And the hits just keep on rolling in:

    Failed Co-Op Under Investigation Used $280K in Taxpayer Dollars For Lobbying

    Federal rule: No portion of the loans given to co-ops could be used for ‘propaganda purposes, attempts to influence legislation, marketing’

    “Health Republic Insurance of New York, a Consumer Operated and Oriented Plans marketplace created under the Affordable Care Act, began paying Alston & Bird, LLP in the second quarter of 2014 and continued through the third quarter of 2015, around the time the co-op announced that it was going out of business, according to the lobbying database.

    Earl Pomeroy, a former Democratic Congressman from North Dakota’s at-large congressional district from 1993 until 2011, and Bob Siggins, the longtime Chief of Staff to Pomeroy, were deployed by the K-Street firm to lobby the U.S. Senate, the U.S. House of Representatives, and the Center for Medicare and Medicaid Services on behalf of the co-op. Between April 2014 and September 30, 2015, Alston & Bird were paid $280,000 in taxpayer dollars for its lobbying services.
    ………….
    The New York co-op was the largest of the 23 created under Obamacare and had more than 150,000 members. It received $265 million in federal loans in 2012 and engaged lobbyists to secure an additional $90 million in solvency funds in 2014, which was approved by the Centers for Medicare and Medicaid.
    ………..
    “The recent financial death spiral of the Obamacare CO-OPs has already left millions of Americans scrambling to find new health insurance next year,” spokesman Curtis Kalin said. “The revelation that a state program improperly used taxpayer funds on lobbying instead of ensuring the program’s financial stability is unacceptable and outrageous. It is salt in the wound for American taxpayers.”

    The point here is that lobbying only comes into play when the government has a hand in the activity. IF the government has zero to do with health care other than attacking fraud and failure to live up to contracts, the temptation to misuse funds to lobby people on the Hill wouldn’t exist.

    Human Nature….gets you every time.

  7. But…but…this cannot be!

    Many Say High Deductibles Make Their Health Law Insurance All but Useless
    WASHINGTON — Obama administration officials, urging people to sign up for health insurance under the Affordable Care Act, have trumpeted the low premiums available on the law’s new marketplaces.
    From Our Advertisers

    But for many consumers, the sticker shock is coming not on the front end, when they purchase the plans, but on the back end when they get sick: sky-high deductibles that are leaving some newly insured feeling nearly as vulnerable as they were before they had coverage.

    “The deductible, $3,000 a year, makes it impossible to actually go to the doctor,” said David R. Reines, 60, of Jefferson Township, N.J., a former hardware salesman with chronic knee pain. “We have insurance, but can’t afford to use it.”

Comments are closed.