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10-29-2013 12:24 AM
Pens Strong Wall Street Journal Critique of Ocare.
Affordable care will allow for pre-existing conditions. That’s the good part for retirees. But, let’s get down and dirty; the word “affordable” is a misnomer. So far, all you are hearing on the news is how everyone’s premiums are doubling and tripling and it doesn’t take a rocket scientist to recognize that the whole thing is a big mess. …
So, is affordable care a good thing for retirees? Perhaps over time, it might work if you don’t get too old and you don’t get too sick, and you don’t live too long. But frankly, the economic ramifications with our already swollen debt load don’t add up. Retirees who are on Medicare will suffer the consequences of 700 billions of Medicare dollars instead being used to cover the skyrocketing cost of Obamacare. In essence, less dollars for seniors, means less service. Not fair. The Boomers are going to take the “hit.” In Ocare, “too old” has limitations of service.
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