Why the Obamacare Ponzi Scheme is Hemorrhaging and Will Fail in One Page

Excellent summary from Devon Herrick over at IBD:

Average health spending per capita in the United States is around $8,600 annually. But it’s not distributed evenly. About 80 percent of the enrollees are healthy. They collectively consume only 20 percent of the health care dollars used; about $2,150 per year on average. However, some people are ticking time bombs. The least healthy 20 percent spend an average of about $35,000 yearly. 

On average:

• About 10 percent of the population has health concerns accounting for 17 percent of spending.

• Another 5 percent have serious health concerns accounting for 16 percent of health spending expenditures.

• The next 4 percent consumes nearly one-quarter of health care dollars (27 percent), while;

• The sickest 1 percent of patients accounts for 20 percent of spending.

• Think about that for a moment: the sickest 5 percent of the population consumes nearly half of all health care dollars. Of course, most of those are not really genetic losers. Many are merely aged seniors in their last months of life.

Obamacare purposely attempts to make health care affordable by forcing the healthy 80 percent to shoulder more of the costs for the unhealthy 20 percent. But that does not make care affordable; it merely shifts the costs from one party to another.