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xchrom

(108,903 posts)
Wed Oct 2, 2013, 04:54 AM Oct 2013

Obamacare Is Such a Threat to Libertarian Ideology Republicans Have Shut Down Govt. to Delay it

http://www.alternet.org/personal-health/obamacare-such-serious-threat-right-wing-project-theyve-shut-down-govt-try-stop-it

What is the most effective way to destroy Obamacare?

It's not to defund it, as there's really no such thing as defunding it. Individuals are mostly funding it by buying insurance policies, and the rest of it as a whole bunch of other separate and individual pieces – things like rules against pre-existing conditions, which require no funding whatsoever.

The way to destroy Obamacare is to make sure that young, healthy people don't sign up for it.

That's because of something known in the insurance industry as the "death spiral."

A "death spiral" happens when an insurance company gets more and more older and sicker customers, which raises their costs, which in turn forces them to raise their rates. When they raise the rates, fewer and fewer young and healthy people sign up, and their proportion of older and sicker people gets even worse, and their expenses go up.
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