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Hello, Death Spiral.
National Review Online, by Jim Geraghty

Original Article

Posted By:StormCnter, 1/14/2014 8:53:36 AM

At first, it sounds good that 2.2 million Americans signed up for private health insurance through the federal and state exchanges from October 1 to December 28. But the administration’s goal was a bit more than 7 million by the end of March. So half of the signup period has passed, and they’re at 31 percent of their goal. Much better than October and November, obviously, but still considerably behind. (Recall that December was expected to see a bump because of the deadline to have coverage begin January 1.) And in an ominous sign for those who worry about a “death spiral”

      


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Reply 1 - Posted by: Country Boy, 1/14/2014 9:18:48 AM     (No. 9691318)

And of the 18 to 34 years old group, many/most will make a few monthly payments, then stop.

Same thing happens with motor vehicle insurance. Some states have 25% uninsured. That´s how it happens.

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Reply 2 - Posted by: kanphil, 1/14/2014 9:30:44 AM     (No. 9691340)

I can´t get optimistic about this. Libs never give up. My fear is that they will just steal more money from the public to make up for any shortfall.

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Reply 3 - Posted by: ColoWapiti, 1/14/2014 9:44:54 AM     (No. 9691359)

Another data point I heard about this morning - 79% of those who signed up are already on some other form of government assistance.

Just more people with their hand in my pocket.

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Reply 4 - Posted by: Country Boy, 1/14/2014 10:00:28 AM     (No. 9691377)

#3, most of the signups are Medicaid.

Very little premium money coming into obamaCare - who in their right mind would pay money for Medicaid coverage, which is basicallly what it is.

just one more giant entitlement.

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Reply 5 - Posted by: whyyeseyec, 1/14/2014 10:05:31 AM     (No. 9691390)

News of Obamacare`s impending demise are greatly exaggerated. This monster is here to stay. It will get worse with time, people will suffer financially, many will die unnecessarily, but it`s here to stay.

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Reply 6 - Posted by: Blue-Z-Anna, 1/14/2014 10:09:21 AM     (No. 9691404)

If you can wait ´til you get sick then why would you do otherwise ?

Will we soon be urged to sign up for the good of the "Fatherland"...."Motherland"..."Disneyland"?

How stupid will this get ?


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Reply 7 - Posted by: Ben Around, 1/14/2014 10:47:24 AM     (No. 9691473)

Has everyone forgotten that this program was sold to provide coverage for 30M uninsured??? The fact that the administration is signing up 7M is laughable. That many people have lost coverage because of obamacare! The fact that the media is totally ignoring this is outrageous.
The majority of the people are are so pathetic, they haven´t a clue.

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Reply 8 - Posted by: joew9, 1/14/2014 10:47:42 AM     (No. 9691474)

It doesn´t matter how badly it works. If the Republicans don´t over turn the law it will not go away. If the Democrats destroy the whole health care system to where no one can get any health care whatsoever they still would not overturn it. They would instead insist on more funding and perhaps a slight tweak.

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Reply 9 - Posted by: Bison65, 1/14/2014 11:06:26 AM     (No. 9691505)

None of this has ever been about improving health insurance or health care. Listen to Zero. The goal is a health system completely CONTROLLED by the the most incompetent group ever to lead a great nation. F. A. Hayek noted that even socialists will not like socialism once the see how it is implemented.

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Reply 10 - Posted by: jackburton, 1/14/2014 11:49:55 AM     (No. 9691576)

Hey, what´s the problem?

This just means that it will cost a lot more and they´ll have to ramp up the Death Panels (to control costs) sooner.

So, so much sooner.

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Reply 11 - Posted by: sudmuf, 1/15/2014 6:32:07 AM     (No. 9692552)

No, as it turns out buried in the Obamacare bill is a bailout for insurance companies if they don´t get enough clients/enrolees/slaves to sign up and pay up. The tax payers make up the difference. This is why the insurance companies went along with the idea. They get to stay in business either way.The fascists win again. Obamacare is facist. For all practical purposes the gorernment now runs the insurance companies. Of course, fascism is a form of socialism. Communism on the other hand would have the government run insurance without an intermediary. (think single payer)
So you can tell wcich democrats are fascists and which are communists by the plan they support.

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