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The president promised obamacare would get more people insured and bring down the cost of health care.
Well looks like neither those things may happen according to a new survey by insurance -- dot com 64% of Americans who lack health insurance right now.
Say they don't know if it will buy coverage and Obama care and that would drive up health care costs for everyone.
Passion Peter Ross who joins us nice to see you sir thank you Greta I'm so this if if the 64% of uninsured people would.
Don't -- and to obamacare and then what happens.
A look and indeed the whole premise of obamacare is that it's gonna be all these healthy people coming in and paying higher premium and paying them playing a more active role.
If they don't participate tenure ended the same old problem and -- the problem actually.
Gets exacerbated so Costco -- Few people have coverage and this is I think all of the false premise of obamacare during the campaign to pass it.
The president was basically -- and sunshine he was over characterizing.
The that the possibilities he said that race we're gonna go down they're not going down.
We're going up so why is it if everyone joined in through money in the pot.
That we could then have some risk management that we pay for the people who are sick and the people are healthy wouldn't be drawing any money out of the pot because -- be healthy that was that -- -- With -- with a 64%.
Now it's curious why they would give if they think there's so healthy they only health insurance.
Even if they get caught I think the first you know I have pay 95 dollars a penalty that does cry a lot cheaper than buying -- -- some health care.
Right it's -- this becomes highly manipulated system than -- than the federal regulators have to come up and -- got to say well obviously we need to increase the penalty we need to increase.
The the adverse impact of not joining our pool and so.
You get to this point where all of a sudden folks are beginning to say hey I'm I'm being forced into this system.
And my costs are going up I thought this was going to be a benefit.
And it begins to unravel and of course -- -- -- -- popular when they see that the wants to enforce in this -- because Internal Revenue Service which is under fire yeah you can't make this up I mean if somebody Hollywood scriptwriter came do you and said.
The very -- situation that is poised to enforce and incredibly intrusive thing that is.
Personal health care for each individual Americans they are now under fire from manipulating and targeting people based on their political beliefs.
That that is.
It is so unseemly and so difficult that it's it's hard I -- Even worse having as a whole idea was it all these states would set up these exchanges of people went to get their insurance.
A lot of the states about -- -- some said they are so the federal government has to set up the exchanges.
For these states and they haven't gotten around to doing that.
Plus there isn't the money.
And so -- secretaries -- really is apparel has been going trying to get some private funny now she's getting heat from sooner or -- hatch and others that she's trying to usurp the role of congress to be the appropriate so good so much more complicated and we -- gotten January 1 well.
And the other thing is that the administration was clearly slow walking these regulations because they didn't want to sound in the context.
Of a political campaign so avoidance avoidance ball avoidance.
Push it off -- after the election and now they're trying to jam this through -- -- collapsing period of time.
And they're not ready and there's an open question had -- to whether it's appropriate for secretary severely as to solicit seven figure donations.
From the very entities that she's got the authority to us.
I think that's an open question I think and think if she's going on trying to -- -- and the people that she regulation overseas that that's improper or she went up like to stretch the -- someone else that goes to doesn't regulate.
That -- different questions are not fair but if she regulate somewhere overseas some that she shouldn't because they're gonna try to curry favor but right.
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