With only a small penalty for abstaining, the numbers for signing up
not only don’t add up — they’re absurd. Here’s one of the supposedly
attractive deals: “One option available only to people under 30
is a so-called catastrophic policy that kicks in after a $6,350 annual
deductible. In Monroe County, you can buy that policy on the New York State of
Health exchange for as low as $131 a month for single coverage.”
Over fifteen hundred a year for a sixty-three hundred plus deductible?
What healthy thirty year old would waste his or her money?
Who invented this plan? Certainly not Obama or Pelosi, neither of whom
was paying close attention, I would bet. (Pelosi admitted she wasn’t. All Obama
wanted was something to put his name next to, something that sounded vaguely
“progressive.”)
I am writing this before Obama speaks on Monday, so have little idea
of what he is going to say. But his only choice is to put his best face on the
dreadful enrollment figures. Otherwise, he has to announce a delay in the
program — the very thing Republicans shut the government over! (He’ll never do
that. It’s too easy to point out.)
http://pjmedia.com/rogerlsimon/2013/10/20/obamacare-will-defund-itself/2/
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