Wednesday, April 14, 2010

Chaos as far as the eye can see

Two posts explaining just a tiny bit of the chaos in store for Americans who thought they were going to get 'free' healthcare under Obamacare.

Insurance companies will game the system - see here.  And the poor, grossly overpaid, underworked government bureaucrats don't have the brains or incentives to counteract their moves.

People are showing up for their 'free insurance' and are enraged when they find out the truth.  (Note to the Obami:  lies have consequences, gang).  States are refusing to cooperate with the law, other states are suing to have key provisions declared unconstitutional, and the Obamacare prototype is circling the drain in Massachusetts.  A desperate governor is pinning his moribund reelection hopes on denying health insurers massive rate increases driven by the massive gaming done in response to Obamalike "shall issue" and "community rating" rules.  Since the only players left in the individual and small business market in MA are single state players who had no place to run away to, if they can't get the increases, they'll be taken over by the state, which will then fund the rate increases.  Which of course is what the Obami want.  So good news!

For a free market conservative whose been in and following the health insurance markets for 15 years this is all so predictable.  And entertaining - like watching the team you hate most (Cubs) get stomped 20-0.  Gotta go, Pujols is up for the third time this inning.  Whee.

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