Trump Obeys Constitution—Democrats Hardest Hit


The Constitution specifically forbids the spending of any money from the Treasury of the United States unless the expenditure is authorized by a law passed by Congress. Congress has never authorized any Obamacare subsides, and a federal court has ruled them unconstitutional. President Trump has ordered that no further unconstitutional payments be made. The whining by the Democrats in Congress and with media bylines is interesting to watch.

The President sure is unpredictable. Why, the next thing you know, the President might do something like start acting as if treaties have to be ratified by the Senate.

Maryland’s Obamacare Co-op Exits the Exchange


The Washington Free Beacon reports that Evergreen Health Cooperative will exit the Maryland Obamacare Exchange. However, it isn’t going out of business.

While Evergreen Health will no longer offer plans on the Affordable Care Act exchange market, the company will continue to operate off the exchanges as it converts to a for-profit entity.

Twenty-three Obamacare co-ops were founded. Only five remain offering individual plans through the Obamacare exchanges, and at least three are losing money. Given that failure was a designed-in feature of the program, I wonder what the other two are doing wrong.

New! Improved! (Higher Prices!)


Investors Business Daily reports that enrollment in Obamacare health plans is shrinking as double-digit rate increases loom for 2016.

Obamacare is an example of politicians trying to repeal or amend laws over which they have no control, in this case, the Law of Supply and Demand and the First and Second Laws of Thermodynamics. Pi can’t be legislated to be 3 exactly, and there ain’t no such thing as a free lunch. Or free heath care.

Thermodynamics and Health Care


Megan McArdle has a post up on Sticker Shock for Some Obamacare Customers. Now that real world cost data is available, insurers are asking for rates that allow them to at least break even on Obamacare coverage. Maryland’s largest insurer is asking for a 30 percent increase.

It’s a basic principle of Thermodynamics that there ain’t no such thing as a free lunch. That applies to health care too.

That All is not Gold that Glitters, and Two and Two make Four
And the Gods of the Copybook Headings limped up to explain it once more.

Running Out of Other Peoples’ Money


At the end of 2016, the unaffordable Affordable Care Act requires that the state-run Obamacare exchanges operate without any federals subsidy. The Hill reports that states are now trying to find ways to keep the schemes solvent.

A number of states are quietly considering merging their healthcare exchanges under ObamaCare amid big questions about their cost and viability.

Many of the 13 state-run ObamaCare exchanges are worried about how they’ll survive once federal dollars supporting them run dry next year.

Read the whole thing.

How the Government Saves Us Money


As a part of the $2,500 a year that Obamacare was supposedly going to save each family, the “Affordable Care Act” mandates that all Americans have health insurance or pay a tax penalty. In 2014, the penalties were 1% of your household income or $95 per person—whichever was greater. In 2015, those penalties ramp up significantly to 2% of total household income, or $325 per person.

If You Like Your Plan, We May Change It


It’s always interesting to see what documents get dumped on a Friday afternoon. Yesterday, the dump included 30,000 “found” Lois Lerner emails and 300 pages of proposed Obamacare regulations. One of the proposed changes would allow the Department of Health and Human Services to move you to the cheapest plan in your coverage tier if you didn’t specifically reenroll in your current plan during open enrollment.

Of course, you could wind up with a plan that doesn’t provide reasonable access to a key service you need or that excludes the team of doctors treating your current condition, but don’t worry. Our betters really know what’s good for us.