When Obama Is Gone, The Nightmare Will Remain…
TheUlstermanReport.com
December 17, 2013
The Coming Obamacare Nightmare
Just wait ’til next year.
Writing in the Wall Street Journal, former George H.W. Bush Council of Economic Advisors Chairman Michael Boskin outlines in stunning detail the horror set to unfold as Obamacare really starts to kick in next year.
Hide the children. Here are the gory details.
…There will be suffering – physical suffering – among those who currently have insurance, implies Boskin:
Next year, millions must choose among unfamiliar physicians and hospitals, or paying more for preferred providers who are not part of their insurance network. Some health outcomes will deteriorate from a less familiar doctor-patient relationship.
There will be longer waits for hospital visits, doctors’ appointments and specialist treatment, as more people crowd fewer providers.
If, as many predict, too few healthy young people sign up for insurance that is overpriced in order to subsidize older, sicker people, the insurance market will unravel in a “death spiral” of ever-higher premiums and fewer signups. The government, through taxpayer-funded “risk corridors,” is on the hook for billions of dollars of potential insurance-company losses. This will be about as politically popular as bank bailouts.
The Rest…HERE
