Students across America being inspired to opt out of Obamacare fiasco
by: J. D. Heyes
Tuesday, January 14, 2014
he progressive gurus on Capitol Hill thought they had pulled off a political coup de grace when the president took pen in hand (several, actually) to sign the Affordable Care Act into law in March 2010.
And indeed, in terms of advancing the century-old progressive movement, Obamacare did in fact move the country much further down the field than at any time since Lyndon B. Johnson’s Great Society.
But the master planners who brought you Obamacare were too clever by half. For while they vilified the country’s private health insurers for doing business the way in which they did, they nonetheless adopted many of those same practices.
And why? Because it is missing this core principle of insurance: The only way private health insurers work is by taking in premiums from those who are not inclined to use the product so that they can then provide payouts and benefits to those who are.
Suddenly, private insurance wasn’t looking so bad after all. The problem, however, was that realizing this had come far too late.
The president’s signature legislation is unraveling as fast as it is unfolding due to the failure of that one core insurance principle.
‘If this was a sunny day, this would be packed’