According to news reports this morning, an estimated sixteen million Americans are going to lose their current health insurance due to Obamacare requirements. Let me say that again. There are going to be 16,000,000 people in the USA who will have their health insurance policies cancelled due to Obamacare. Think about that for a moment and consider these consequences:
1. More than half of the sixteen million people in question work for companies that will find substitute policies, so their health insurance will continue uninterrupted.
2. Just under half of the 16,000,000 will have to buy individual policies to replace those that are cancelled. No one knows the exact number for certain, but the current estimate is that there will be well over five million folks in that position.
3. With the healthcare exchanges not working, those five million people are likely to panic when they have nowhere to go to buy the insurance. To be more precise, it is not that there will be no where to go. They can go directly to the insurance companies. The problem is that making a purchase directly from the insurance company rather than through the exchange, the buyer cannot get a subsidy from the government. Since the cost of insurance is soaring to around two times what it currently costs because of all the extra requirements of Obamacare, the cost to people buying direct from the insurance companies will be too high for many to manage. As a result, many will just have to go without insurance.
This is a recipe for mass panic. Many millions of people who now have insurance will be forced to go without because the Obama administration could not even manage to build a website much like many others. No one in the administration needed to be a brain surgeon or a rocket scientist to manage construction of the website. Sadly, however, all America got as managers were politically connected morons.
Who is going to explain to the millions of newly uninsured folks why they need to suffer without healthcare because Obama could not be bothered to do his job properly?
1. More than half of the sixteen million people in question work for companies that will find substitute policies, so their health insurance will continue uninterrupted.
2. Just under half of the 16,000,000 will have to buy individual policies to replace those that are cancelled. No one knows the exact number for certain, but the current estimate is that there will be well over five million folks in that position.
3. With the healthcare exchanges not working, those five million people are likely to panic when they have nowhere to go to buy the insurance. To be more precise, it is not that there will be no where to go. They can go directly to the insurance companies. The problem is that making a purchase directly from the insurance company rather than through the exchange, the buyer cannot get a subsidy from the government. Since the cost of insurance is soaring to around two times what it currently costs because of all the extra requirements of Obamacare, the cost to people buying direct from the insurance companies will be too high for many to manage. As a result, many will just have to go without insurance.
This is a recipe for mass panic. Many millions of people who now have insurance will be forced to go without because the Obama administration could not even manage to build a website much like many others. No one in the administration needed to be a brain surgeon or a rocket scientist to manage construction of the website. Sadly, however, all America got as managers were politically connected morons.
Who is going to explain to the millions of newly uninsured folks why they need to suffer without healthcare because Obama could not be bothered to do his job properly?
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