TitanicCare! According to Brock’s response to the Supreme Court upholding the ACA (Obamacare):
Today’s Supreme Court decision only postpones the day of reckoning for Governor Shumlin’s TitanicCare health care law. Federal dollars can now temporarily plug the huge holes the Governor’s plan will generate in Vermont’s budget. Let’s be frank about this: TitanicCare is doomed to sink and take all of us with it. It’s just going to sink a teeny bit slower with this subsidy and nobody, not even Governor Shumlin, believes the subsidy will last forever.
The Titanic analogy would be spot on if we applied it to the current health care payment system. My version goes like this, the ship hit an Iceberg and there are a lot of rich and relatively well off middle class folks in life boats. A lot of them took pity on the really poor and gave them MedicAid and the elderly are in the somewhat nicer MediCare boats. Unfortunately all of us healthy folks who make some money but not enough to buy our own full coverage are treading water praying we don’t drown or fall asleep before the rescue boats arrive. Meanwhile Randy Brock and his people are comfy in their lifeboats, using their radios to tell everyone “Hey, it’s going to be too expensive to make sure EVERYBODY gets a seat in a boat, then we’ll all drown!” He’s tossing me a life preserver labeled “high deductible plan” and I, like Jack, have my wife and my kid up on the thing (precariously, but safe for now) while I freeze in the water…
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