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The PJ Tatler

by
Bryan Preston

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January 22, 2014 - 10:06 am

The Obama administration claims that its Obamacare sign-up numbers aren’t that far off from where they need to be. They have a vested interest in selling the program as a success, and have proven themselves dishonest about it from the beginning. Obama knew that his “if you like your healthcare, you can keep your healthcare” promise was bogus the entire time.

The CEO of Aetna insurance, Mark Bertolini, has a different take on the president’s signature healthcare law.

Aetna CEO Mark Bertolini told CNBC on Wednesday that Obamacare has failed to attract the uninsured, and he offered a scenario in which the insurance company could be forced to pull out of program.

The company will be submitting Obamacare rates for 2015 on May 15.

“Are they going to be double-digit [increases] or are we going to get beat up because they’re double-digit or are we just going to have to pull out of the program?” Bertolini asked in a “Squawk Box” interview from the World Economic Forum in Davos, Switzerland. “Those questions can’t be answered until we see the population we have today. And we really don’t have a good view on that.”

He said that so far, Obamacare has just shifted people who were insured in the individual market to the public exchanges where they could get a better deal on a subsidy for coverage. “We see only 11 percent of the population is actually people that were firmly uninsured that are now insured. So [it] didn’t really eat into the uninsured population.”

Obamacare has actually added to the number of uninsured, with Target being the latest company to announce that it was ending healthcare for its part-time workers. They will be dumped onto the exchanges, and some will be subsidized by the government, meaning the cost to taxpayers will increase.

Bryan Preston has been a leading conservative blogger and opinionator since founding his first blog in 2001. Bryan is a military veteran, worked for NASA, was a founding blogger and producer at Hot Air, was producer of the Laura Ingraham Show and, most recently before joining PJM, was Communications Director of the Republican Party of Texas.

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Top Rated Comments   
Ah, it's a tangled web they weave. First, Gov. Romney was for the Mass. individual mandate before he was against the National individual mandate. Sen. Obama was against the National individual mandate before he was for the Mass. Individual mandate. Secondly, sometime, next year under the individual mandate, some Uncle Tom or Auntie Veronica will get whipped by the IRS for failure to pick and purchase a health care insurance product from Plantation Hummana Inc. The Supreme Court signed off on this nonsense that may or may not pan out economically on a cost benefit calculus. One hundred and fifty years ago an Uncle Tom or an Auntie Veronica were whipped for the failure to pick cotton for Plantation X under the current rule of law and the Stars and Stripes. The Supreme Court, in Dred Scott, signed off on requiring Dred Scott be returned to Plantation X for further attitude adjustment and remedial cotton picking education: The decision did note that Dred Scott, being a slave, wasn't entitled to own a weapon or vote. A few years later a civil war ensued over slavery; apparently in the twenty first century the new democratic legal consensus is that as long as the slaves have a scheduled vote to pick their masters slavery is okay, provided the whipping is called a tax and not a penalty.
47 weeks ago
47 weeks ago Link To Comment
Who didn't know this would happen?? Seriously? Are the political class and the media SO far removed from the real world? Most of us who actually LIVE in the workaday world are not even slightly surprised.
47 weeks ago
47 weeks ago Link To Comment
So, "The Obama administration claims that its Obamacare sign-up numbers aren’t that far off from where they need to be." That's about as true as, If you like your health plan, you can keep your health plan. Period.
47 weeks ago
47 weeks ago Link To Comment
All Comments   (7)
All Comments   (7)
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The uninsured working poor will surely be hit the hardest. If they don't buy insurance (with money they don't have), their tax refund will be confiscated. If this was to be used to buy a modest car to get to work, & their current "beater" breaks down, they loose their job & wind up on welfare...oh wait...that's what this administration wants!! Hubby says, "beggars are easier to please"!!
47 weeks ago
47 weeks ago Link To Comment
Another government success, at Failure.
47 weeks ago
47 weeks ago Link To Comment
Semper Fee - Obamacare motto.
47 weeks ago
47 weeks ago Link To Comment
Ah, it's a tangled web they weave. First, Gov. Romney was for the Mass. individual mandate before he was against the National individual mandate. Sen. Obama was against the National individual mandate before he was for the Mass. Individual mandate. Secondly, sometime, next year under the individual mandate, some Uncle Tom or Auntie Veronica will get whipped by the IRS for failure to pick and purchase a health care insurance product from Plantation Hummana Inc. The Supreme Court signed off on this nonsense that may or may not pan out economically on a cost benefit calculus. One hundred and fifty years ago an Uncle Tom or an Auntie Veronica were whipped for the failure to pick cotton for Plantation X under the current rule of law and the Stars and Stripes. The Supreme Court, in Dred Scott, signed off on requiring Dred Scott be returned to Plantation X for further attitude adjustment and remedial cotton picking education: The decision did note that Dred Scott, being a slave, wasn't entitled to own a weapon or vote. A few years later a civil war ensued over slavery; apparently in the twenty first century the new democratic legal consensus is that as long as the slaves have a scheduled vote to pick their masters slavery is okay, provided the whipping is called a tax and not a penalty.
47 weeks ago
47 weeks ago Link To Comment
Who didn't know this would happen?? Seriously? Are the political class and the media SO far removed from the real world? Most of us who actually LIVE in the workaday world are not even slightly surprised.
47 weeks ago
47 weeks ago Link To Comment
This was a bad idea played out in the real world. It wasn't meant to work, just not fail that far that fast.
47 weeks ago
47 weeks ago Link To Comment
So, "The Obama administration claims that its Obamacare sign-up numbers aren’t that far off from where they need to be." That's about as true as, If you like your health plan, you can keep your health plan. Period.
47 weeks ago
47 weeks ago Link To Comment
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