You will know a prophet is a true prophet if his words prove true. I seems that those who prophesied that Obamacare would be a disaster are being proved right. The American Spectator has a piece laying out the details of the disaster in progress.
[T]he President’s apparatchiks squandered three full years during which they should have been hard at work preparing for the advent of these insurance “marketplaces.”
Not only has the go-live date for the insurance exchanges been pushed back a year, a wide variety of the law’s other key provisions have either been delayed or simply abandoned. The most conspicuous of the latter category was the Community Living Assistance Services and Supports (CLASS) Act. This program was so badly designed that Kathleen Sebelius admitted HHS couldn’t pay for it and one of its own administrators speculated that it might collapse. It was repealed in January.
Another moribund provision of Obamacare is the “Basic Health Plan,” included in the law to give states the flexibility to provide coverage for low-income residents unable to afford employer coverage or qualify for Medicaid.
Even the much-touted Obamacare provision that we were told would eliminate the “pre-existing condition” scourge is proving to be a bust. According the Heritage Foundation, the Obama Administration estimated that 375,000 people would enroll in the pre-existing conditions insurance plan (PCIP). “But as of January 2013, over two-and-a-half years since the plan began, only 107,139 were enrolled—less than 29 percent of original projections.” And yet the program is running out of money, forcing the HHS bureaucrats to suspend enrollment.
It hardly needs saying that this failure, like everything else associated with Obamacare, is incredibly expensive: “In a 2012 report, the Administration conceded that claims’ costs had been 2.5 times greater than they had anticipated.” This is of a piece with the “Affordable Care Act” in general. When Obamacare was first shoved down our throats, we were told that it would cost $898 billion. Now the projected cost is $1.6 trillion. Meanwhile, many of its taxes are now in effect and it is forcing health insurance premiums through the roof.
What we are left with, then, is a big-government vampire that will drain our personal and public coffers without delivering on its most important promises.
When increasing numbers of
Socialist Democrat supporters of the bill are angry and disappointed with it and it’s implementation it is clear that what is needed is complete repeal. To all those who are now saying “I told you so,” yes you did.