Saturday, May 2, 2015

Get Ready: The Obamacare Nightmare is About to Begin

Although Paul Krugman has made the truly idiotic claim that Obamacare is a success becasue of the number of people who have signed up for the fruitcake medical program, the real test, as I have pointed out here many times, is how successful will Obamacare be in delivering the healthcare that it claims it will deliver. And on that front, Obamacare is going from bad to worse.

Even generally economic clueless WaPo gets what is occurring:
Nearly half of the 17 insurance marketplaces set up by the states and the District under President Obama’s health law are struggling financially, presenting state officials with an unexpected and serious challenge five years after the passage of the landmark Affordable Care Act.
Many of the online exchanges are wrestling with surging costs, especially for balky technology and expensive customer call centers — and tepid enrollment numbers. To ease the fiscal distress, officials are considering raising fees on insurers, sharing costs with other states and pressing state lawmakers for cash infusions. Some are weighing turning over part or all of their troubled marketplaces to the federal exchange,
There is a limit to WaPo's understanding. It believes that the federal exchange is "working smoothly."

I guess when the costsultimately spiral out of control for, the WaPo report on that will consider it an "unexpected challenge."



  1. Tomorrow's Cures Today: Let's liberate medicine in America. Here's our vision of health for the 21st Century
    Some drug developers, especially small companies, would want to provide “free to choose” drugs in order to quickly demonstrate that their new drugs work and, in so doing, significantly enhance their ability to raise needed capital. Nevertheless, we need an added incentive that benefits both patients who need insurance reimbursement as well as drug developers seeking FDA recognition of their drugs’ safety and effectiveness. We need Congress to authorize an alternative drug approval mechanism—that is, FDA Observational Approval based on the safety and effectiveness demonstrated by observational data posted on the open-access database.
    This movement to liberate medicine—the movement to apply Big Data and provide freedom of choice in medical treatment—may save your life.

    1. I see modern EFFECTIVE medicine moving to a safe haven outside the US. I realize that Costa Rica, Panama, India are already medical tourism hotspots, but I envision an advanced, DEFIANT medical development community in some plucky, independent country.
      Sort of a medical Galt's Gulch.