One more week of bad news for Obamacare
Saturday, November 16, 2013 12:01 am
For the fourth week in a row, the Obamacare rollout mess has sucked so much oxygen out of the news cycle that nothing else even comes close as the most talked-about story of the week.After making a semi-apology last week without actually saying he had misled the public with his “you can keep your plan” pledge, this week President Obama called a news conference to announce a fix of sorts: If you like your plan, you can keep it for another year. He didn’t explain how he had the constitutional or legal authority to do that or how insurance companies would be able to deliver.
And what will this delay do to the viability of the Affordable Care Act? The whole thing rests on the premise of young, healthy people buying insurance at high premiums in order to subsidize insurance for older, sicker people. Isn’t there a danger the whole program is about to crash in on itself?
Some are starting to say just that, in fact, saying Obamcare has already gone over the cliff. If that is so, federal officials might tinker with the flaws until they get everything right just about the time the program hits the ground and burns.