Numbers Never Lie

The numbers have finally come in, yesterday insurance companies released data showing that 1/3 of the people who signed up for health insurance on the federal exchanged never actually paid their first months premium! This may come as a surprise to some, but if you look back to my previous blogs you can see that I saw this coming from a mile away. I love it when I'm right. Seriously, how could someone not see this coming? The cost of care is too high for EVERY american to afford. Not only that but the amount of young people that signed up for the law was less than expected. In order for this law to be financially sustainable 40% of covered people need to under the age of 35. Right now it's at about 28%. This is going to cause an increase in premiums which in turn will make care unaffordable for more Americans.

So what happens now? Transparency has certainly not been a strong suit for the Obama administration. Ever since the total of 8 million plus sign-ups was released people have been skeptical about how many people actually paid premiums. Obama was using the amount of sign-ups to his advantage when in reality everyone in the country could have signed up for health insurance but if none of them pay the law isn't working. It's disgraceful the amount of promises that have been broken during this rollout. "If your happy with your current insurance you can keep it" Nope. "If you like your doctor you can keep your doctor" Nope. "We will lower premiums by 2,500 per year per family" Nope we're actually going to raise them. " Lastly, the vow of transparency was clearly disregarded in an attempt to get the American people to believe everything was going according to plan.

As i've said before, I want everyone to have healthcare but I think this law is doing more harm than good. It's increasing our country's deficit, making people who had insurance sign-up again and pay more with less option, and the increase in converge in americans is small and uncertain. The system needs to be fixed in order to lower the overall cost of care before we implement a plan like this and expect it to work. 

EVERA. Everyone should feel this good about healthcare.