Monday, November 4, 2013

Obama’s Catastrophic Victory

From Peggy Noonan, at the Wall Street Journal:
They said if you liked your insurance you could keep your insurance—but that’s not true. It was never true! They said if you liked your doctor you could keep your doctor—but that’s not true. It was never true! They said they would cover everyone who needed it, and instead people who had coverage are losing it—millions of them! They said they would make insurance less expensive—but it’s more expensive! Premium shock, deductible shock. They said don’t worry, your health information will be secure, but instead the whole setup looks like a hacker’s holiday. Bad guys are apparently already going for your private information.

Look at the simple, factual eloquence of Edie Littlefield Sundby, from Monday’s Journal. It is a story that tells you everything you need to know about ObamaCare. It is the single most persuasive and informative piece written since the whole program began.

And now there are reports the insurance companies are taking advantage of the chaos of the program, and its many dislocations, to hike premiums. Meaning the law was written in such a way that insurance companies profit on it.

And—I am limiting things to just today’s news – the New York Times reports that while millions may qualify for enough federal subsidies to pay the entire monthly cost of some health-insurance plans, the zero premiums come with some “serious trade-offs.” What serious trade-offs? Most of these plans, called the bronze policies, “require people to pay the most in out-of-pocket costs, for doctor visit and other benefits like hospital stays.” Huh? I thought the purpose of the law was to help with the cost of doctor visits and hospital stays!
Yesterday Fox News was on ObamaCare all night. This catastrophe ain't dyin' down any time soon.

More at that top link.

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