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Let's hope it's more ready than when it went live. I certainly couldn't imagine it being any LESS ready, unless they just turned off and unplugged the servers.
When Ins rates go up at a lower rate than the HC spending, that's a good thing for people, don't you think?
Not really.
It means that either:
a) the insurance companies are going to eventually go bankrupt, but they have guarantees from Obama....so taxpayers lose out.
b) More people are being pushed to large deductible "major medical" type policies and thus paying the costs themselves.
c) Taxpayers are picking up more of the subsidy.
Meanwhile Obama's Czar Jeff Immelt, CEO of GE just dropped insurance coverage for ALL GE RETIREES and threw them onto the exchanges with $1000 credit. That move just means that my parents insurance costs just went up about triple.
“This bill was written in a tortured way to make sure CBO did not score the mandate as taxes. If CBO scored the mandate as taxes, the bill dies. Okay, so it’s written to do that. In terms of risk rated subsidies, if you had a law which said that healthy people are going to pay in – you made explicit healthy people pay in and sick people get money, it would not have passed… Lack of transparency is a huge political advantage. And basically, call it the stupidity of the American voter or whatever, but basically that was really really critical for the thing to pass… Look, I wish Mark was right that we could make it all transparent, but I’d rather have this law than not.”
Must have been one of the voters in red above.....
Test and make sure you can login before the 15th. I had invalid password issues logging this weekend and had to call support. You don't want to be phoning support on or after the 15th.
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