You want to know why Obamacare will collapse?

October 10, 2013
"The Obamacare roll-out experience"

“The Obamacare roll-out experience”

Because of experiences like this:

I’m in Texas. As a 50 year old non-smoker, I have (or did yesterday) 46 plan options from three insurers. I’m not eligible for catastrophic coverage since I’m over 30 and not indigent. And there were no platinum plans offered to me. The bronze, silver and gold plans ranged from $202 a month to $586 a month. I searched just for myself, not family coverage. The story going forward is going to be that the low-cost plans are garbage. Plan after plan had $5,000 and $6,000 deductibles before they pay a penny in benefits, and even then you’d still be on the hook for 40% of your bill. Once you get to the $350/$400 a month range, there are a few plans with $1,500 and $2,000 deductibles. One silver plan (I think in the $450 a month range) had zero deductible, but sky-high copays and all kinds of limitations. Many of the plans only cover “in network” care and don’t pay a penny for anything out of network. And staying in networks can be a big challenge. If you go to an orthopedic surgeon who’s in network, great, but you can easily find out after the fact that the anesthesiologist he used isn’t in your network.

Sticker shock when it comes to premiums, deductibles, and co-pays is going to hit a lot of people between now and January 1st. It already has in California and Alabama, among other states. And there will be a lot more of it as people lose their coverage and have to go onto the Obamacare exchanges.

This is going to make a lot of people very angry, whether they subject themselves to the highway robbery of the new rates, or refuse to get covered and instead pay the fine …er… tax. And they’ll be darned sure to let their (Obamacare-exempt) congresscritter or senator know it, at which point we can point out that not a single Republican voted for this train wreck, and we have solution ready to go, if only they’ll vote us into a majority on Election Day.

Oh, and if those younger, healthier workers decide that it makes much more sense for them to pay the tax than buy a plan on the exchange (BTW, they’re right), Obamacare still falls apart because the revenue from the “Roberts tax” will in no way cover Obamacare’s expenses. They need these people to pay much more than they should for the system to have any chance to work. It’s all about wealth transference.

Do read the rest. I suspect we’re going to see many more stories like this in the days and weeks (and months and years) to come.

(Crossposted at Sister Toldjah)

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Just in Time for Halloween Come Some Scary Global Warming Predictions

October 10, 2013

And about as real as the kid under the sheet at the door is a real ghost.

Watts Up With That?

Global warming beater Justin Gillis of the New York Times had an article yesterday describing a new paper in the current issue of Nature magazine, the point of which seems to be scaring people with alarming global warming statistics.

Gillis’ article “By 2047, Coldest Years May Be Warmer Than Hottest in Past,” describes the results of a class-project-cum-Nature-article headed by Camille Mora from the University of Hawaii at Manoa (please, no puns). The class assignment was to identify the year for each spot on the globe in which all future years were, according to climate model projections, warmer as a result of greenhouse gas emissions than the warmest year simulated by the models during the historical period 1860 to 2005. Mora and students termed this pivotal year the “climate departure.”

This work is significant, according to Gillis, because:

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#Obamacare Chronicles: If you like your plan, you can keep your plan. Now pull my finger.

October 10, 2013
"Obamacare has arrived"

“Obamacare has arrived”

Nearly a million people in New Jersey just got a very unpleasant surprise, and I bet at least a few are saying “But… but… but, the President said!

Hundreds of thousands of New Jerseyans opened the mail last week to find their health insurance plan would no longer exist in 2014 because it does not cover all the essential benefits required by the Affordable Care Act.

The news surprised some who were unaware that provisions in the new law known as “Obamacare” were forcing insurance companies to scrap some plans they had previously offered.

“The Affordable Care Act is driving many changes to products and pricing,” said Thomas Vincz, a spokesman for Horizon. “Horizon BCBSNJ is actively working to help our members find new insurance plans that meet their needs and budget.”

The changes will impact more than 800,000 people in New Jersey who purchase insurance on the individual and small-employer markets, according to Ward Sanders, president of the New Jersey Association of Health Plans.

And if they’re like their fellow Americans in California or Alabama, they will also see their rates skyrocket.

Remember, the whole point is the destruction of the private insurance market, forcing people onto the exchanges in order to facilitate wealth redistribution.

via David Freddoso

(Crossposted at Sister Toldjah)