The Obamacare System is Collapsing
Mon, Jun 24th, 2013
Last Friday, I wrote about the fragility of complex systems and how they can collapse. Currently, the most complex and fragile of our American systems is Obamacare. And it’s collapsing before it can even be implemented.
I’m frequently asked if Obamacare can be repealed. I like to respond by saying, Obamacare is destroying itself. It’s so complex and byzantine that the government is struggling to implement the law.
The next big challenge on the calendar is the deadline to have health insurance exchanges operational by October 1, 2013. The full implementation of Obamacare is supposed to happen January 1, 2014. But how are the 45 million uninsured Americans supposed to sign up if there isn’t a place to sign up?
This week we heard from the nonpartisan Government Accountability Office (GAO). Their report on the exchanges was ugly. The health insurance exchanges being created by the federal government for more than 30 states will likely miss the October 1 deadline.
Houston, We Have a Problem