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Chris Wysocki
Caldwell, NJ
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Hey! I've moved to He's Pretty Fly For A Jersey Guy.
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Saturday, 23 February 2013
Obamacare's Pre-Existing Condition Insurance Plan is broke, closed to new applicants
It turns out that providing insurance for people with pre-existing conditions costs way more than HHS and Dear Leader thought. So their solution is simple. Close the program to new applicants.
New Jersey next Friday will suspend enrollment in an insurance program for people with preexisting medical conditions mandated by the new federal health care law, officials said.
The state was directed to do so by the federal Department of Health and Human Services, which received limited funding from Congress to provide coverage in each of the 50 states. Without the suspension, the Pre-Existing Condition Insurance Plan would be in danger of running out of money to cover those currently enrolled, according to a message posted on the program's website.
Who'da thunk it, eh? People with pre-existing conditions are expensive to insure. That's because they don't want insurance, they want someone to pay their bills. Insurance is for people who might get sick. When you're already sick there's no way your premiums can begin to cover your costs. Someone else has to pick up the tab.
I'm just amazed that HHS is admitting there is more to health insurance than rainbows and unicorns. Obamacare promised "affordable" coverage for everybody, and Dear Leader waved his hands whenever someone asked how he was going to pay for it.
Now we know how. Denial of coverage. Sorry. The election is over. He won.
He doesn't need you anymore. And if you thought he was gonna take care of
your problems? I guess it sucks to be you.
Posted at 10:58 by Chris Wysocki
[/obamacare]
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