Tuesday, November 05, 2013

A feature, not a bug.

Quelle Surprise!

Is it possible that when Obama let his cronies and the insurance companies write the law, they didn't know how it was going to work?

And now there are reports the insurance companies are taking advantage of the chaos of the program, and its many dislocations, to hike premiums. Meaning the law was written in such a way that insurance companies profit on it.

And—I am limiting things to just today’s news – the New York Times reports that while millions may qualify for enough federal subsidies to pay the entire monthly cost of some health-insurance plans, the zero premiums come with some “serious trade-offs.” What serious trade-offs? Most of these plans, called the bronze policies, “require people to pay the most in out-of-pocket costs, for doctor visit and other benefits like hospital stays.” Huh? I thought the purpose of the law was to help with the cost of doctor visits and hospital stays!

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