Charles Krauthammer predicts what is going to happen to ObamaCare – it is not, by any means, dead. But it will not look like it does now by the time it is signed into law.
To win back the vast constituency that has insurance, is happy with it, and is mightily resisting the fatal lures of Obamacare, the president will in the end simply impose heavy regulations on the insurance companies that will make what you already have secure, portable and imperishable: no policy cancellations, no preexisting condition requirements, perhaps even a cap on out-of-pocket expenses.
Nirvana. But wouldn’t this bankrupt the insurance companies? Of course it would. There will be only one way to make this work: Impose an individual mandate. Force the 18 million Americans between 18 and 34 who (often quite rationally) forgo health insurance to buy it. This will create a huge new pool of customers who rarely get sick but will be paying premiums every month. And those premiums will subsidize nirvana health insurance for older folks.
The killer of ObamaCare is identified by Krauthammer: The Congressional Budget Office. They told the truth whenever fuzzy left-wing math reared its head.
This is not to say that it is time to let up on the pressure, folks. It is not. We have about a month to hammer our Congress Critters – preferably in person. This includes applying pressure even to the left wing Democrats, incidentally.
Krauthammer points out that this will end with a wealth transfer – just not the one the young supporters of Obama thought they were getting. Those younger folks who thought they would get free health care will instead be dragooned into the insurance poll by the full might and power of the Federal government. Welcome to Hopenchange, kiddies.