Obama is failing to sign up the ‘young and healthy.’ The quid-pro-quo in ObamaCARE will help bail out health insurance providers $1.071 trillion over the next decade because of the lack of young people signing up. Congratulations America, you voted for this. Not only are American’s health care plans being cancelled, but you get to bail out insurance companies on top of everything! Welcome to Obama’s AmeriKa.
For some reason, President Obama hasn’t talked about this particular feature of his signature legislation. Indeed, it’s bad enough that Obamacare is projected by the Congressional Budget Office to funnel $1,071,000,000,000.00 (that’s $1.071trillion) over the next decade (2014 to 2023) from American taxpayers, through Washington, to health insurance companies. It’s even worse that Obamacare is trying to coerce Americans into buying those same insurers’ product (although there are escape routes). It’s almost unbelievable that it will also subsidize those same insurers’ losses.