Social systems operate on principles that roughly approximate physical systems described by physical laws. The mathematics used to model these systems approximate the mathematics used to solve physical problems.
Like the fictional Theory of Psychohistory proposed by Hari Seldon, physical analogs can be used to predict future events. One example of this is the actuarial mathematics used by insurers to predict the future state of human populations. This can be seen as the application of statistical mechanics to a human rather than a molecular population.
These populations consist of their customers. These customers of health insurers may or may not experience unfortunate life events at certain intervals of time. These events cost the health insurer money. The health insurer establishes prices to cover these events. The prices are a combination of the likelihood of an event and the cost to the insurer should any event occur. So what happens if by fiat you suddenly increase the number of people insured, the number of events covered and the likelihood of an individual member of the population suffering a covered event? Obviously, if you are Barack Obama, the cost curve bends in the right direction from sheer will to power. In nations outside the Magic Kingdom of Equestria, this simply isn’t the case. Even Bill Clinton, bless his heart, accurately describes the Desert of The Real.
â€œSo youâ€™ve got this crazy system where all of a sudden 25 million more people have health care and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half,â€ he said, describing a long-time conservative appraisal of the law.
In other words, covering more people, who get sick more often for a greater number of conditions can only do one thing to the price of a health insurance policy. It can only increase that price. In Liberal Wonderland, this becomes a problem Republicans must solve. Liberals typically say that when the people rebel against their pet schemes. It’s then that the people get told not to believe their lying eyes.
Famous Physicist Enrico Fermi taught at The University of Chicago. He would rather see a fool suffer rather than suffer one in silence. He once famously told a student “That was so bad that it isn’t even wrong.” The HHS has just released a report which deserves a similarly harsh condemnation. Amerikans can now check out all the options, as they tell us below.
â€œThanks to financial assistance, most Marketplace consumers this year will find plan options with premiums between $50 and $100 per month,â€ said HHS Secretary Sylvia M. Burwell. â€œMillions of uninsured Americans qualify for financial assistance, and so could as many as 2.5 million Americans currently paying full price for off-Marketplace coverage. I encourage anyone who might need 2017 coverage to visit HealthCare.gov and check out this yearâ€™s options for yourself.â€ Thanks in large part to the Marketplace, in early 2016, the share of Americans without health insurance fell to 8.6 percent, the lowest level in our nationâ€™s history. This yearâ€™s Open Enrollment offers the chance to build on that progress and further improve access to care and financial security.
I’m going to do the lovely and talented Sylvia M. Burwell a favor and assume that this content was dishonest rather than wrong. You see, people don’t enter the Obamacare marketplace during open enrollment to improve access to care and financial security. They go in the marketplace to avoid paying fines. Put a gun to the consumer’s head and he’ll tell you loves Egg McMuffins if that is the answer you came seeking. There is a technical name for an insurance policy that you have to buy or else. These are known as protection rackets. They are famously unavailable from reputable firms. The jail sentences combined with the power of the RICO statutes make them a suboptimal marketing strategy. Government suffers no such impediment thanks to the Supreme Court.
There are some logical solutions to this. The nice guy one involves paring this disaster back and limiting the stealth public option to catastrophic events. Cut the Obamacare requirements back to events that cost above some threshold that most average Amerikans could never afford and only cover events that are more expensive. Then there is the condign human desire to teach these rat bastards a lesson on why the USSR was dumb not just wrong.
So how does this work? The GOP tells the Dems they are expected to write a repeal law that will get rid of Obamacare and the GOP will not bother discussing it with the Dems until they produce a repeal bill that meets the GOP criterion as good enough. Cucks exist. That won’t happen in my lifetime. What a shame.
The solution we’ll get made to eat in a #Hillary administration is the bailout. Something is done to make insurers continue to participate and the individual mandate remains in place. The losses are made up via taxation and the fines for non-participation are ramped up so that enough healthy people get tossed into the parasite pool. In effect, the number of sham policies that “compete” to be “chosen” is irrelevant. It will be single payer by a much goofier name.
Obamacare is how the left flunks math. A significant number of these people actually believed “If you like your doctor, you can keep your doctor.” All of the basic logic I laid out about how actuaries price insurance is mumbo jumbo to them. If Jedi Obama promises to bend the cost curve today is the day the levels of the ocean will no longer rise. Magic fails in math class. It does so in reality. The man behind the curtain knows this well.