So, Bloomberg has an article titled “Obamacare Insurers Are Suffering. That Won’t End Well.” which basically points out that the dire predictions by everyone that was not a collectivist Obama cock-sucking bitch are not only panning out, but panning out much faster than expected, and wondering how this could have happened. After all, with a name like “Affordable Healthcare Act”, how can this boondogle be sucking up money down a black hole while delivering no measurable improvements of any kind other than the usual debunked donkey talking points?
It now looks pretty clear that insurers are having a very bad experience in these markets. The sizeable premium increases would have been even higher if insurers had not stepped up the deductibles and clamped down on provider networks. The future of Obamacare now looks like more money for less generous coverage than its architects had hoped in the first few years.
But of course, that doesn’t mean insurers need to leave the market. Insurance is priced based on expectations; if you expect to pay out more, you just raise the price. After all, people are required to buy the stuff, on pain of a hefty penalty. How hard can it be to make money in this market?
Let me answer that: Impossible. And that’s by design. This thing, from the very start, was design and put together by people that had to pass it in secrecy, so they could have avoided any scrutiny that would have shed light that what they had obviously was intended to destroy the existing US health insurance market. And as the title of my post points out, they did it by design, because the end goal for these crooks has always been a government controlled single-payer system that would allow government to control the lives of its citizens with even more impunity.
They will keep coming after the serfs, and they will get us to bow down to their will. We peasants should be glad our masters are throwing us these table scraps.