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Showing posts from August, 2013

Why Obamacare Exchanges Could Fail?

Introduction Exchanges are the centerpiece of the new ACA legislation and are due to cover millions in January 2014. Unfortunately, there are many flaws in the concept and roll out that may just cause the program to fail. That said the definition of success and failure will be significantly different based on the two political factions. My definition of failure would be enrollment less than projected, covering less currently uninsured than projected and the financial failure or withdrawal of more than 5 plans nationwide after the first year. Based on this definition here are some of the reasons I think the exchanges could fail. Exchanges The concept is simple – offer preset plans from many different insurance carriers for small groups and individuals at competitive rates with no pre-existing limitations. The initial foray will be offered to groups fewer than 50 and individuals. Anyone under 400% of the FPL will be eligible for subsidies. Also to help prod enrollment amo

Jaguar F Type

I know it has been a while since I have posted anything. I have heard from many of you about how much you missed me! Ha! well I have been busy trying to make a living since I can't do it driving cars :( I am sure you have all seen the ads for the new F Type Jaguar. It has been getting a lot of press as well. For over 30 years Jag has been effectively out of the sports car market. The last E Type was produced in 1974. Over 70,000 of these beauties were sold in its 13 year run and today is still considered one of the most beautiful cars ever made. I remember my first experience with an E Type. My parents decided I needed to grow up a bit so they shipped me off for a summer to a camp in Europe. Actually it was a traveling camp and we went all over Europe that summer. I was the ripe age of 14 and was accompanied by my best friend from Jamaica and approximately 40 girls from all over the US. It was a "tough" summer! We were in the south of France for about a week and you