ObamaCare (Affordable Care Act) Is Not An Insurance Or Healthcare Problem

I actually thought this article was very badly written and generally insipid BUT I thought about it a little more and realized it was a good illustration of the principle that the more people learn about the ACA the less they like it.

ObamaCare (Affordable Care Act) Is Not An Insurance Or Healthcare Problem - ForbesThe quote from Mr. King does crack me up though. He admits that healthcare reform won’t help him get coverage and will leave him completely vulnerable in the event of a medical emergency but still “likes it”? What does he like? Is it the name? It can’t be what the law actually does.

Is Obamacare’s First Enrollee Bogus? http://bloom.bg/15QJByx via @BloombergView

Read this amazing story here – http://www.bloomberg.com/news/2013-10-04/is-obamacare-s-first-enrollee-bogus-.html

The story about Chad being a solid “I’ll think about it”  instead of a confirmed sale is lulzy  (the government is just a down and out salesguy who has to flub sales reports, ha ha) but focus on the rates. $225 for a 21 year old. Can someone really afford that on his income? And he in on the lowest plan meaning he will have to pay 40% of all medical expenses until he reaches the out of pocket maximum of which is thousands and thousands of dollars. That’s a lot of money.

Plans prior to Obamacare or that are exempt from Obamacare (like the ones sold by my company) would be less than a quarter of that rate for someone this young. Try $50 a month.