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"No matter how vast your knowledge or how modest, it is your own mind that has to acquire it." Ayn Rand

25 November 2013

ObamaVaporCare Website is Not All That is Vapor

So we have learned that the ability to cruise the ObamaCare federal website anonymously was yanked with false claims that it caused problems for the website in testimony to Congress.  Of course it was yanked so that people could not so easily discover that most people were going to face higher premiums and higher deductibles.  I noted with some anger that the need to give all of your personal information including Social Security number up front was to prevent you from assessing how ObamaCare was financially going to affect your family members and your neighbors and fellow countrymen.

In reality, the user has to spend much more time entering such information and then the website goes to numerous federal databases at numerous federal agencies to verify the input information.  This process puts great strains on the website and it is clearly unable to handle those strains.  In addition, when one gets all of one's information in and picks a plan, one may really only be picking it for further evaluation of the doctor and hospital network it has.  In other words, it need not be a final pick, but ObamaCare does not care.  It thinks you are committed.  Of course, the coercive planners behind ObamaCare are the ones who should be committed, though I understand we have a shortage of the needed mental health institutions since Democrats believe the mentally ill should be out on the streets voting and running ObamaCare.

Late last week, the breakdown on so-called sign-ups on the California state exchange, which works better than the federal exchange does, were announced.  Only about 16% of the 30,830 "enrollees" in October were eligible for subsidies or cost-sharing.  56% of them were of the ages from 45 to 64, though only 25% of the California population is in that age range.  So older and sicker people are 2.24 times more likely than their population to sign up for ObamaCare.  Those desirable low cost healthy people 34 or younger only signed up at a 28% rate, though they are 49% of the California population.  So, just as expected by the many rational critics, ObamaCare assumptions that many young and healthy Americans are going to happily subsidize the health care of older and less healthy Americans is already proving wrong.

Some have tried to explain this as being simply because the federally run website does not work.  They say that when it works, then the young will sign up in droves.  But the California website works better now than the federal website is likely work by the end of the year when people must sign up to have health insurance in 2014.  Yes, we shall see soon what will happen.  But, my money is on this is continuing to be a total disaster.  Health premiums for ObamaCare health insurance will be much higher for 2015 insurance.  As though it is not too high now!

In 2014, participating insurance companies are going to take a bath in cold water and many are going to drown.  Making money was posited by them on the assumption that many more people would have insurance and many of the new insurance holders would be young and healthy.  They assumed the websites would work and send them correct personal information.  Instead they are having to put much more manpower into checking that information than they expected.  This is raising their operational costs and ObamaCare put a very low upper limit on what they can spend on administrative costs.  Those insurance companies that trusted ObamaCare to deliver are going to be big losers.

We also learned late last week that there is as yet no means in the federal website for the insurance companies to be paid for policies that people might think they had signed up for.  No policy actually exists until the insurance company is paid.  The Obama Regime claims they will have this part of the software working by the end of the year.  Of course, the rational observer must have his doubts about this claim.  What is more, even if the claim comes true, can you imagine the chaos on the site as millions of such payment transactions occur within days of the start of policies beginning on 1 January.  Can you imagine the chaos at the insurance companies if they receive a flood of such payments within a few days?

It is not just the federal website that is ObamaVaporCare.  No, it is all of ObamaCare that is VaporCare.  It is exploding and releasing nothing but noxious gasses.  Unfortunately, the medical care industry will suffer, the health insurance industry will suffer, the tens of millions of Americans who are losing their health insurance will suffer, and everyone will suffer with fewer choices and lower quality medical care.

Such is the whirlwind the American People created in selecting a heavily socialist House of Representatives and Senate and President in 2008 and their failure to oust them from the Presidency and Senate in 2012.  Irrational choices have very bad consequences.

1 comment:

Charles S. Opalek, PE said...

The entitlement class will determine the names of the Democrats who will run the government for the next 50 years. The producer class will just have to work much harder.

Poor Romney. He thought Americans wanted jobs. They didn't want jobs. They wanted more largresse.