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News from The Associated PressWASHINGTON (AP) -- The Obama administration Friday pulled the plug on a major program in the president's signature health overhaul law - a long-term care insurance plan dogged from the beginning by doubts over its financial solvency.Targeted by congressional Republicans for repeal, the program became the first casualty in the political and policy wars over the health care law. It had been expected to launch in 2013.
"This is a victory for the American taxpayer and future generations," said Sen. John Thune, R-S.D., spearheading opposition in the Senate. "The administration is finally admitting (the long-term care plan) is unsustainable and cannot be implemented."
Proponents, including many groups that fought to pass the health care law, have vowed a vigorous effort to rescue the program, insisting that Congress gave the administration broad authority to make changes. Long-term care includes not only nursing homes, but such services as home health aides for disabled people.
They must have gotten around to reading that part. :dohNews from The Associated Press
I applaud President Obama for this bold, and intelligent move to start dismantling the disaster that is "Obamacare".
The Obama administration Friday pulled the plug on a major program in the president's signature health overhaul law - a long-term care insurance plan dogged from the beginning by doubts over its financial solvency.
Targeted by congressional Republicans for repeal, the program became the first casualty in the political and policy wars over the health care law. It had been expected to launch in 2013...
But a central design flaw dogged CLASS. Unless large numbers of healthy people willingly sign up during their working years, soaring premiums driven by the needs of disabled beneficiaries would destabilize it, eventually requiring a taxpayer bailout.
After months insisting that could be fixed, Health and Human Services Secretary Kathleen Sebelius, finally admitted Friday she doesn't see how...
That's the first cog to slip out of place, and it won't be the last, the same principles also apply to the health insurance market, if they thought that a lot of unhealthy people would overwhelm LTC just wait until the mandate kicks in(god forbid).From the OP's link"
But a central design flaw dogged CLASS. Unless large numbers of healthy people willingly sign up during their working years, soaring premiums driven by the needs of disabled beneficiaries would destabilize it, eventually requiring a taxpayer bailout.
After months insisting that could be fixed, Health and Human Services Secretary Kathleen Sebelius, finally admitted Friday she doesn't see how."
So the light is finally coming on. Hurry a bill through Congress, that Pelosi said we have to pass to see what is in it.
When is WO going to learn that changes to healthcare takes time to think things through and should not be done from the hip.
I have a recommendation on how CLASS can be fixed. Any overrun should be paid for by rich Democrats.
So he'll be able to run on the idea that when the USSC overturns the mess he can say that he was first.
This flawed bill is a perfect example of why the GOP just doesn't "hurry up and pass" Obama's half assed bills. He just seems to have a severe disconnect from the concept of cause and effect.
No doubt. LOL.
Moderator's Warning: |
Health care reform was debated for like a year. I read the entire bill in one day
If you think it was passed "in a hurry," I just don't know what to tell you. The GOP had plenty of opportunity for input.
They didn't offer solutions, they offered NO NO NO NO NO NO NO.
If you think that the GOP's motivation for resistance had anything to do with the content of the bill, you're delusional. They said from (before) day 1 that their first priority was to make sure Obama didn't get reelected. In the middle of the worst recession in modern history, their first priority wasn't to govern, it was to win.
The healthcare bill ended up being a piece of crap, mostly because it did not have bipartisan support. I still support a reformed health care system in our country, but not via this particular bill. People blame Obama for the way it turned out but the GOP made it an uphill battle and would not compromise whatsoever.
Our government is ineffective.
Yeah. Hopefully we'll get a much better single-payer system implemented soon.
Health care reform was debated for like a year. I read the entire bill in one day. If you think it was passed "in a hurry," I just don't know what to tell you. The GOP had plenty of opportunity for input. They didn't offer solutions, they offered NO NO NO NO NO NO NO. If you think that the GOP's motivation for resistance had anything to do with the content of the bill, you're delusional. They said from (before) day 1 that their first priority was to make sure Obama didn't get reelected. In the middle of the worst recession in modern history, their first priority wasn't to govern, it was to win.
you can read 2,000+ pages of legalese a day while comprehending it?
actually they didn't. with the exception of a single televized potemkin conference that was designed to have no impact on the actual bill whatsoever, the GOP was locked out of the negotiations - the reason it took so long to pass was fierce debate among democrats.
that is also incorrect - the GOP has offered multiple alternatives which would actually make the healthcare market better as opposed to disasters like what we see in the OP.
If Obamacare is such a wonderful addition to the US body politic, then it is doomed for success - ergo, such spirited opposition to it would have reflected negatively on Republicans. The only way that Republicans can benefit politically to make Obama a one term president from their opposition to Obamacare is if it's actually bad policy.
That's even worse. Damn! Do you Leftoids really have that much disdain for the private sector??Yeah. Hopefully we'll get a much better single-payer system implemented soon.
CLASS was always intended to be a fraud on the public. This was a major "cost savings" that nobody expected to actually come true....much like all of the other fraudulent aspects of BOCare. We have only just begun to see the epic disaster this fraudulent POS legislation truly is. We need to convene a political Death Panel, just like the one in BOCare, and its first order of business should be to kill BOCare.
Health care reform was debated for like a year. I read the entire bill in one day. If you think it was passed "in a hurry," I just don't know what to tell you. The GOP had plenty of opportunity for input. They didn't offer solutions, they offered NO NO NO NO NO NO NO. If you think that the GOP's motivation for resistance had anything to do with the content of the bill, you're delusional. They said from (before) day 1 that their first priority was to make sure Obama didn't get reelected. In the middle of the worst recession in modern history, their first priority wasn't to govern, it was to win.
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