Krauthammer on ObamaCare: We’re Headed to Huge Subsidy Increases or Collapse
KRAUTHAMMER: "But it’s all going in reverse. We are now, as we heard a little earlier from the senator who is also an orthopedic surgeon, it’s looking as if it’s exposing its own insolvency. ObamaCare cannot sustain itself, and we see United Health Care’s pulling out because it’s going to project to lose this year a billion dollars. It’s the largest health care provider in the country. Other insurance companies are going to pull out. Their expenses are high. The only answer is to hike the premiums, which increases the death spiral because at that point people can’t afford it and the pool of those who do buy it are tilted to the more ill. The only answer is going to be a huge increase in tax subsidies or the collapse of ObamaCare. And that’s where we are headed."