- Joined
- Jul 19, 2012
- Messages
- 14,185
- Reaction score
- 8,768
- Location
- Houston
- Gender
- Male
- Political Leaning
- Libertarian
Regardless of whether there is a President Cruz or a President Rubio in January 2017, regardless of the existence or size of a Republican majority in Congress, the so-called Patient Protection and Affordable Care Act (ACA) has failed. The grand vision of an efficient pseudo-market in health insurance under enlightened federal management — the heart of Obamacare — is not coming to pass. Obamacare, meaning the operating model that undergirded the law that Congress passed and President Barack Obama signed with great fanfare — is dead, and it will not be revived. What remains is fitful chaos.
Everything that critics of the ACA said would happen has happened. The Democrats created incentives that caused insurance pools to consist of people who were older and sicker. It was too easy for young people to opt out. The result has been an insurance death spiral with premiums that are increasing in price at double digit rates. Half of the co-ops have gone belly up despite massive government subsidies. Hundreds of thousands have lost their coverage. Hundreds of millions of dollars have been wasted. The majority in Congress is implacably hostile to the ACA having been denied any say in how it was constituted and having every one of their concerns about it ignored. They will not lift a finger to fix it. The President's own hostility to conservatives, his inability to compromise, his divisiveness and his arrogance have done this.
Obamacare Failures | National Review Online