Obamacare deathwatch?

Oct 19th, 2015. NY Post

ObamaCare is heading toward a death spiral.

The Obama administration is having trouble selling insurance plans to healthy people. That’s a big problem: When the young and healthy don’t enroll, premiums have to be hiked to cover the costs of older, sicker people, discouraging even more young people from signing up.

Last Thursday, the administration predicted enrollment for 2016 will be less than half what the Congressional Budget Office predicted in March.

Nov 2, 2015. Wall Street Journal

When it passed Congress in 2010, the Affordable Care Act offered substantial financial support to create nonprofit health-insurance plans. Today 11 of the 23 such regional Consumer Operated and Oriented Plans have failed – seven since the beginning of October.

Of course ObamaCare isn’t going to die easily. Not if it is held up as Obama’s signature achievement. Large amount of money will be poured into it to resuscitate it.

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