ObamaCare Architect: This ‘Could Be the Beginning of a Death Spiral’

Posted by on Nov 15, 2013 at 9:04 am

He’s just oozing confidence, huh?

“We don’t know yet,” said Cutler. “So what the president is trying to do is to say the website is not working, the exchanges are not working. Let’s try and slow the process down and delay it by a year. And if it turns out to be a delay of a year, then we can work through that. It would be uncomfortable as it has been for the past month, but it will turn out okay. If it becomes a permanent situation that people who are healthier stay away and people who are sicker go into the exchanges, that becomes a very big problem.”

“Is that the beginning of the so-called death spiral?”

“That could be the beginning of a death spiral,” said Cutler. “That is, you could have a situation where the only people in the exchanges are very unhealthy people with very high premiums.”

If you like your death spiral, you can keep your death spiral.



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3 Responses to “ObamaCare Architect: This ‘Could Be the Beginning of a Death Spiral’”

  1. ahem on 15/15/13 at 9:42 am

    I saw this. It was amusing to see how embarrassed he started to look when Kelly zeroed in on the fact that, in essence, the president’s promise yesterday to let you keep your insurance really means the president had just cut a big check to the insurance industry at the expense of the taxpayer. You could see he had been hoping she was too stupid to notice.

    She came just short of eviscerating him in public but chose, out of charity, to desist.

  2. Advo on 15/15/13 at 11:55 am

    Not only are the democrats having to endorse precisely what Ted Cruz was called a terrorist for advocating just a few weeks ago, they are backing off the ACA for what is really a small hit.

    The big hit comes next year when tens and tens of millions of Americans covered by employee sponsored health care plans get tossed into the exchanges. Then, a plurality of possible voters will ALL see their monthly fees go up substantially. Plus they get hit by what has been downplayed so far: the deductible goes from $3000 or $4000 to $10,000 or $12,000. The deductible change makes the premium change small potatoes.

    If we had a fair press, the real impact to all Americans in the next 12 months would be the lead story on every print or broadcast news in the US. There would be a veto-proof majority in congress passing repeal legislation by March 2014. IF the real story would be put in front of the whole country.

    Prohibition was settled law at one time, too. Of course the president back then wasn’t free to change settled law with a wave of this hand, either.