Monday, October 28, 2013

AP’s Dismal Outlook for GOP Masks Democratic Party’s Looming Catastrophes | Mediaite

AP’s Dismal Outlook for GOP Masks Democratic Party’s Looming Catastrophes | Mediaite: "The technical failures associated with the ACA mask its larger problems: too many who need coverage are signing up and those who do not need coverage are not contributing to the risk pool. This was always the law’s structural Achilles’ heel. Some observers believe that what more Democrats are calling for, a delay in either the individual mandate to purchase health insurance or the penalty phase should an individual fail to comply before next April, is functionally impossible. It would require the federal government consider bailing out the overextended insurers who have taken on a number of sick, elderly, and infirmed uninsured over the course of the open enrollment period. Populists on both the right and the left would revolt over the prospect of another federal bailout for a troubled industry."

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