Tuesday, November 12, 2013

Obamacare Will Be Repealed Well In Advance Of The 2014 Elections

Here is a prediction from Steven Hayward at Forbes.   I think he is mostly correct.  As I predicted on the air in July, both the individual and employer mandates are too politically damaging to survive in their present form.  But I do think that some of the trinkets already in the law will survive.  I.e., keeping "kids" on the plan until they are 26, pre-paid preventive care (remember it is never free, just baked into the premium), elimination of pre-existing condition exclusions, and enhanced doggie treats/spankings for employees who are not eating and exercising as an employer thinks they should.  
... Hillarycare came out of the box in September 1993 to high public support according to the early polls. This was not a surprise. Opinion polls for decades have shown a large majority of Americans support the general idea of universal health coverage. But Hillarycare came apart as the bureaucratic details came out, the most important one being that you couldn’t be sure you’d be able to keep your doctors or select specialists of your choice. ... 
... Senate Democrats endangered for re-election will lead the charge for repeal perhaps as soon as January, after they get an earful over the Christmas break. They’ll call it “reform,” and clothe it in calls for delaying the individual mandate and allowing people and businesses to keep their existing health insurance policies. But it is probably too late to go back in many cases. With the political damage guaranteed to continue, the momentum toward repeal will be unstoppable. Democrats will not want to face the voters next November with the albatross of Obamacare. 
The politics of the repeal effort will be a game theorist’s dream. Tea Party Republicans will resist “reforms” to Obamacare in favor of complete repeal. Democrats will try to turn the tables and set up Republicans as obstacles to reform, hoping to inoculate themselves prospectively from mayhem at the polls next November. The House might want to insist that the Senate go first; after all, it was the Senate version of the bill that the House had to swallow after Scott Brown’s election in January 2010. The House can rightly insist that the Senate needs to clean up the mess they made. Obama may well give Capitol Hill Democrats a pass on a repeal vote, and veto any bill that emerges. He’ll never face the voters again. ...