By Dan Calabrese —— Bio and Archives--August 11, 2016
Remember when everyone watching ObamaCare was focused on how many people had signed up? First they needed 7 million, then 11 million, and on it went as new targets replaced the old. These weren't meaningless - at least it didn't appear that way. The targets represented the critical mass the Obama Administration itself said the program needed to be economically sustainable. Insurance, they told us, is about risk pools. If you've got enough people in the risk pool, you'd have enough premiums being paid in to cover those who were sick.
Well, they got their numbers, although it wasn't easy. There are now more than 20 million people signed up for ObamaCare. So it must be a financial boon for the insurers participating in the exchanges, yes? After all, the insurers supported ObamaCare on the theory that the participation mandate would net them lots of new customers.The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
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