From the WSJ
So the "problem" was people with pre-existing conditions that insurance companies wouldn't insure. The Obama solution: Another government program. Looks like this one flopped. The Obama solution: More government program.
To increase enrollment they cut prices even more, throwing more subsidy on the taxpayer.
When I wrote in another thread that bureaucrats get power from increasing the number of people "served" some people doubted me. This business should leave little doubt. Instead of drawing hte conclusion that the program is a bad solution to a non-existent problem they simply changed the definitions so they could "serve" more people.
This is where Obamacare is going. It always was. Kill it now!
more at the source. http://online.wsj.com/article/SB10001424052748703805004575606891744060162.htmlDemocrats think they know how to run the insurance industry better than the insurance industry, and they're getting the chance to prove it under ObamaCare. Consider the early returns on its plan to insure Americans denied coverage for pre-existing conditions.
To judge by President Obama's rhetoric, the insurance industry's victims have been wandering the country like Okies in "The Grapes of Wrath." Thus ObamaCare gave the Health and Human Services Department the power to design and sell its own insurance policies. The $5 billion program started in July and runs through 2014, when ObamaCare's broader regulations kick in.
Mr. Obama declared at the time that "uninsured Americans who've been locked out of the insurance market because of a pre-existing condition will now be able to enroll in a new national insurance pool where they'll finally be able to purchase quality, affordable health care—some for the very first time in their lives."
So far that statement accurately describes a single person in North Dakota. Literally, one person has signed up out of 647,000 state residents. Four people have enrolled in West Virginia. Things are better in Minnesota, where Mr. Obama has rescued 15 out of 5.2 million, and also in Indiana—63 people there. HHS did best among the 24.7 million Texans. Thanks to ObamaCare, 393 of them are now insured.
So the "problem" was people with pre-existing conditions that insurance companies wouldn't insure. The Obama solution: Another government program. Looks like this one flopped. The Obama solution: More government program.
To increase enrollment they cut prices even more, throwing more subsidy on the taxpayer.
When I wrote in another thread that bureaucrats get power from increasing the number of people "served" some people doubted me. This business should leave little doubt. Instead of drawing hte conclusion that the program is a bad solution to a non-existent problem they simply changed the definitions so they could "serve" more people.
This is where Obamacare is going. It always was. Kill it now!