David Dayen should have entitled this The Planned Failure of Obamacare Is Now Upon Us.
The Health Insurance Cost Crisis Is Now Upon Us
... We should be clear that this premium apocalypse is a function of returning Obamacare subsidies to where they were in the original version of the law. That was poorly designed to target the middle class with bearing the bloat in the health care system, and no work was done on basic health plans or other public options at the state level. (A federal public option was stripped from the legislation by the threat of that exemplary moderate, Connecticut Sen. Joe Lieberman, to withhold his support unless it was dropped.) Now, Democrats are effectively warning that a return to their original vision of Obamacare spells doom. (And what we’re really talking about is how much the government should send to private insurance companies, a horribly inefficient way of ensuring health for American citizens.) ... The ACA was seen as a “starter home” that could be built on, and Democrats built on it. It’s Republican neglect that is taking the wrecking ball to it, with all the political fallout on their backs. ...
Yes, Obamacare was the enemy of the middle class, making it "bear the bloat". Communists have always hated the middle class because the middle class stands in the way of the revolution. Obamacare was designed this way on purpose, by Democrats and Obama who were the communists we always said they were. Senator Max Baucus rightly called it what it was, income redistribution.
Premiums have steadily risen along with deductibles, to the point that everyone pays their premium, then pays out of pocket, no one ever reaches their deductible, and the plan never pays anything. Most people never reap any benefit under Obamacare. Now premiums will explode without the subsidies, making dropping it more attractive than ever.
And No, Republicans had no duty to "build" on Obamacare. It was rammed down their throats in the first place. No Republicans ever voted for this goddamn commie boondoggle.
The best thing which could happen right now is for the millions imprisoned in this system to opt out of it and let Obamacare implode. That would force the Congress back into the corner it was in in 2009.
Not one more penny should be spent to prop up this system which benefits only the insurance companies. Can you say Luigi Mangione?
Obamacare should be repealed, and nothing done to replace it. It would be painful, but it is the only way.
In the aftermath, someone will start to sell real insurance again out of the ashes, and the current greedy bastards of the insurance industry will scramble to follow them as they lose business and market share. That, the capitalist option, is the only public option which makes any sense, but currently that is against the law.
Just repeal it.
