Now We Know Where Barack Got the Design for Obamacare

Where have you heard this before? There’s a federal insurance program designed to protect citizens from catastrophes that can devastate families. A program fashioned by experts who employed “best practices” as they formulated and priced this vital insurance protection. Now it looks like the wretched naysayers were correct. The entitlement is plagued by users, with pre–existing conditions, who repeatedly cycle in and out of the program. These frequent flyers drive up costs and their premium dollars don’t begin to cover the government’s outlay. Combined premium income from the entire coverage base falls short year after year forcing the program to run a deficit that won’t ever be reduced.