They say that no news is good news and that’s certainly holding true for Obamacare. Virtually all of the news surrounding Obamacare is bad and pointing to a complete financial disaster and I’m glad to add to the list of bad news.
Earlier this month I shared a report from The Washington Post where they claimed:
“Nearly half of the 17 insurance marketplaces set up by the states and the District under President Obama’s health law are struggling financially, presenting state officials with an unexpected and serious challenge five years after the passage of the landmark Affordable Care Act.”
“Many of the online exchanges are wrestling with surging costs, especially for balky technology and expensive customer call centers — and tepid enrollment numbers. To ease the fiscal distress, officials are considering raising fees on insurers, sharing costs with other states and pressing state lawmakers for cash infusions.”
Two weeks later, I see a report that Hawaii’s state run healthcare exchange is having severe financial problems. Good old Gov. David Ige (D) and loyal supporter of Barack Obama admitted that efforts to finding a solution to the growing financial and technical problems with the state’s exchange have been unsuccessful.
Hawaii’s current problems, financially and technologically, means their state run exchange is not meeting the standards established by the federal government. If they are unable to find a solution soon, they will have no choice but to scrap the state run exchange and direct Hawaii’s residents to the infamous federal HealthCare.gov.
This is precisely the scenario that The Washington Post article had predicted. They also predicted that 6 to 7 more states will be following in Hawaii’s footsteps. These states experiencing severe financial woes are turning to the federal exchange which is also having its own financial woes.
So what happens if the current trend with the federal exchange continues? Where will the alleged millions of healthcare shoppers turn when the entire exchange system collapses? Or will Congress force us taxpayers to shell out billions of dollars to keep a dying program alive a little longer?
Clearly the writing is on the wall that the entire Affordable Care Act is on the verge of collapse, but Obama, Pelosi and other liberal tyrants refuse to read what’s being written or act upon it. At some point it will be too late and it’s very possible that a total financial collapse of our national socialist healthcare system could be significantly enough to take down the rest of our financial structure, sending America into a crisis of which they may not be able to recover from. I’ve often wondered if this has been Obama’s plan all along and only time will tell.