There is an interesting set of circumstances arising from the current healt care debacle. If anyone truly examines the facts, the so-called Affordable Care Act is a dismal failure. The sad thing is, it could trigger a resession that will make the Great Depression of the 1930s appear to be an era of wealth.

I spoke with my landlord today. He has several commercial properties; some of which the tenets are vacating. Seems like the small businesses that occupy these commercial properties can no longer afford to stay in business. They are some of the individuals loosing heir health care under to guise that their current individual coverage does not meet minimum requirements of the ACA.

A friend finally received her quote for coverage. She currently pays $445 per month. Her new premium will be $1250 per month. And, she has to incur $8000 in out of pocket expenses before coverage is provided.

Then, the numbers reported are interesting. It seems that the people actually receiving coverage are receiving it under Medicaid basically with no premium.

The toll is rising. People are loosing coverage. Premiums are rising. People are having hours cut or loosing jobs.

Stand by for heavy seas....


John Stewart
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