From the HUFF POST:
The Obama administration Friday pulled the plug on a major program in the president’s signature health overhaul law – a long-term care insurance plan dogged from the beginning by doubts over its financial solvency…
But a central design flaw dogged CLASS. Unless large numbers of healthy people willingly sign up during their working years, soaring premiums driven by the needs of disabled beneficiaries would destabilize it, eventually requiring a taxpayer bailout.
After months insisting that could be fixed, Health and Human Services Secretary Kathleen Sebelius finally acknowledged Friday she doesn’t see how…
Click here to read the full article.
EDITOR: Any successful business person or leader in any field knows that not everything tried works out. If you never do anything (such as undertake to control health care costs), you have no failures but simply accomplish nothing while matters further deteriorate.
And if you let lobbyists write the bill and then make the statement “we have to pass the bill so the we can see what’s in it” (or words to that effect) you are a corrupt legislator who should spend 20 or more years in a Federal Prison.
That statement alone is sufficient cause to have Pelosi removed from office and have the law declared unconstitutional.