In a brief mention of the US Shutdown on the Power Wireless last week there was a hint of criticism of the Republicans, as though they should not be allowed to hold the President and the nation to ransom over the scheme. I think that Andrew and Chris have not plumbed the depth of the debacle that is Obamacare. That is fair enough, neither have I the but my comments don’t circulate to hundreds of thouands of people. And the more you find out, the worse it gets.
On the side, a defence of Andrew who was accused of running dead on the abuse of Warren Mundine, he has a string of powerful pieces over the last two days, including the faux Aboriginal issue, and an especially good one on the apalling spin of Peter van Onselen. In some ways this guy is worse than the stenographers who don’t pretend do be anything but mouthpieces for the ALP.
Can someone like Steve give out some dot points for commentators to convey some hints about the many downsides of Obamacare?
This may help, and the strange case of Chad Henderson.
Can a 300% increase in premiums actually be a success? That’s what one reporter is claiming.
One of the more interesting stories coming out this week following the opening of the health care exchanges across the nation is the strange case of Chad Henderson from Georgia. Chad is a healthy 21 year old male. One of the key demographics that the government needs to make the program viable.
Previously, he hadn’t had health insurance. But he was “lucky” to be able to find a plan on the new health care exchange. After jumping through some Internet hoops, Chad walked away with health insurance. And he only has to pay for $175 a month. Since his annual salary is $11,500, he doesn’t qualify for any tax credits or subsidies that the White House constantly touts.
So he’s stuck paying that entire premium. Which amounts to around 18% of his annual salary.
There’s more to this story. Chad had another health plan alternative. One cheap pre-Obamacare health plan would have only required him to pay a little more than $44 a month. Unfortunately, plans like this won’t be available to people like Chad after Dec. 31 of this year.
And yet the report has the gall to actually claim the $175 plan offered through the exchanges a success story.
When asked why he purchased insurance at $175 a month, when he previously could have purchased a cheaper plan, Chad had a very interesting response. A response that’s probably common amongst many people who make these irrational decisions.
Chad described himself a very strong supporter of President Obama. And he purchased the plan because he wanted the law to succeed. Considering that young people like him are crucial in making this plan succeed, we’re not sure if we should be worried or terrified.
If the Affordable Care Act is a success (and we don’t think it will be), it will be because of people just like Chad. Who blindly follows the ideas of those in power because it’s all for the greater good. Unfortunately for Obama, there’s plenty of evidence that the law is going to have an uphill battle to succeed.