What is hidden and quietly did sneak by will be the death of Obamacare. Democrats failed to include the part of the budget ability that guarantees to insurance companies that the taxpayers would pay for the losses to the health insurance companies for the health insurance that supports Obamacare. The budget now extends the time that the insurance companies take a significant risk of losing money in covering the risk pool where the insured are primarily the older generation. The size of the pool supported by younger and healthier insured has been overestimated since the younger generation is paying the penalties for not joining the risk pool.
The death spiral for Obamacare will now continue to accelerate. As less young are paying the insurance premiums, deductibles and premiums will have to continue to skyrocket --- thus forcing the young to ignore Obamacare insurance even more. More health insurance companies will have to pull out because the losses are no longer going to be supported by the taxpayer amounts from outside the insurance pool. The Obamacare will still exist but there will not be any insurance companies that are willing to participate in the program. The government will have to pick up the insurance for Obamacare if it would continue into the future after there are no insurance companies willing to participate.
Last edited: Dec 26, 2015