Charles Krauthammer, conservative author and columnist, believes there is a way to collapse Obamacare – maybe. In order for Obamacare to succeed, the young and healthy must sign up to pay for the elderly and the sick. The opposite seems to be happening.
It appears that there is a disproportionate number of elderly and infirm signing up. About twice the number of reported enrollees are in Medicaid.
The insurers might not be able to financially survive this if enrollments are what they seem, but there is an out for them – it’s the bailout which was written into The Affordable Care Act (Obamacare). Mr. Krauthammer suggests that if the Republicans write a bill to prevent the bailout, it could crash the system. He believes that there might be enough votes to override an Obama veto should such a bill be passed.
Marco Rubio has already introduced a bill to prevent a bailout of the insurance companies, called the Obamacare Taxpayer Bailout Prevention Act. Senator Rubio has encouraged the House members to do likewise. It is currently sitting in committee and it is hard to imagine Dirty Harry letting it reach the floor.
Should the system crash, one possible outcome is that we would have nowhere to go but to single payer, which is a full-blown Socialist system.
Obamacare could possibly implode on its own. We can only hope.
There are lawsuits heading for the Supreme Court that could derail Obamacare as well.