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Why the Obamacare collapse is exactly what Obama and Clinton want
This week, the (Obama) administration implicitly conceded that Obamacare is being smothered by an array of existential problems. Average premiums, they said, will spike by a whopping 25 percent next year. And that’s a low-ball estimate, given that premiums in places like Arizona are increasing by a staggering 116 percent and Oklahoma by a breathtaking 69 percent.
OK, but that's premium increases
absent of subsidies. So while the premium cost may shoot up, so do the subsidies to cover it. We wouldn't have this problem if Conservatives had simply agreed to a Public Option, which would have provided a check on the private insurers to keep their costs low. Obamacare was designed to prove you cannot provide universal coverage
and maintain profits for insurance companies. So Conservatives have a choice to make; insurance company profits or patient needs? Because you can't have both.
The administration also admitted that at least 20 percent of consumers will have only one health insurer from which to choose. With less or no competition, costs will continue to rise while choice shrinks. So much for keeping your plan and doctor. You’ll be lucky to even find a doctor at all. Physicians are leaving Medicare in droves because of the pittances paid to them in reimbursement.
Medicare could easily up its reimbursement rate by raising the Medicare tax. That's how it should be done as the Boomers enter old age. So that's an easy fix. As for the dwindling choices of insurers, here's the thing...any doctors in your area would have to accept the single insurance plan
because there are no other entities that would reimburse. When you choose an insurer, what is it you are choosing? You're not choosing your doctor, you're choosing who
reimburses your doctor. That isn't germane to your health care. It's not even a transaction you are a part of, so why do you care what entity reimburses your doctor? All you should care about is whether or not your doctor is reimbursed. It doesn't benefit you as a patient to have the entity doing that administration being for-profit.
Subsidies are also disappearing, Obamacare co-ops are collapsing, fewer people are enrolling and loss ratios are soaring. The long-anticipated death spiral is here.
Subsidies aren't disappearing. Not even sure how you can make such a claim. And no, fewer people aren't enrolling. More people have enrolled since Obamacare began. About 25,000,000 of them. And loss ratios? Who ******* cares? Insurance companies are not germane to health care. A single entity can very easily do the administration insurance companies do as their singular
and only function.
