The cabal is still in total control.
H/t reader squodgy:
“Obamacare thrown to the wolves as competition allowed in.
Strange how those in Congress didn’t sign up to what they advocated for the masses.
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We’ve frequently warned that Obamacare is locked in an inescapable death spiral that will result in its inevitable failure. The problem is that the folks who make too much to qualify for subsidies (currently defined as roughly $80,000 for a family of 3) are increasingly being priced out of the market for individual insurance by Obamacare’s 30%+ price hikes that consistently come year after year. Meanwhile, those “rich” families making $80,000 a year are the ones expected to overpay for their health insurance so that a portion of their premiums can be “spread around a little bit” (as Obama likes to say) to subsidize the premiums of others. Of course, it’s easy to see the circularity here as higher premiums equals less “full-paying” customers and less subsidies equals higher premiums…until the whole system collapses.
Luckily you no longer have to take our word for it as eHealth.com has just published a new study that finds that, even by Obamacare’s own definition of “affordability”, residents in 47 out of 50 cities surveyed can’t afford the cheapest Obamacare plan.
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California has been sued for failing to provide sufficient healthcare for 7.2 million Latinos.
A lawsuit, filed on Wednesday, accuses the states of creating an ‘unequal system of healthcare’ that favors white people and discriminates against lower-income residents – the majority of whom are Hispanic.
In the end it was not meant to be: Senate Republicans failed, by a single vote, to pass a month-long effort to pass Republican healthcare legislation culminating with a vote on a “skinny” bill to repeal Obamacare thanks to a single decisive vote by Donald Trump’s nemesis, John McCain.
In a devastating blow to President Trump and his healthcare agenda, Senate Republicans voted 49 to 51 to pass a slimmed down bill put forward as a last gasp effort to overhaul the US healthcare system, leaving the fate of Obamacare in the hands of Democrats and the general public.
Joseph Rago, a Pulitzer Prize winning editorial writer at The Wall Street Journal who was known for his richly reported pieces and influence on policy makers, was found dead Thursday evening at his home in Manhattan. He was 34 years old.
The New York Police Department found Mr. Rago dead in his apartment at 7:40 p.m., according to a police official. The authorities went to check on Mr. Rago after he didn’t show up for work on Thursday. Paul Gigot, the editor of the Journal’s editorial page, had alerted the paper’s security officials, who then contacted the police.
Full text down below.
In what could very well end up being just another exercise in futility, Senate Majority Leader Mitch McConnell has just released a new version of a healthcare plan which, among other things, incorporates demands from Senator Ted Cruz (R-TX) and Senator Mike Lee (R-UT) to allow insurers to sell low-cost, skimpier plans all in an effort to draw conservative support for the new bill.
While no one has seen the Senate’s revised healthcare bill as of yet, early indications suggest that it will include a version of a controversial amendment from Senators Ted Cruz (R-TX) and Mike Lee (R-UT) that has become a sticking point in the negotiations. Among other things, the amendment would allow insurers to sell plans that do not meet ObamaCare regulations if they also sell a plan that does meet those rules.
Called the “Consumer Freedom Amendment,” we highlighted the main points of the Cruz/Lee proposal last month: