By Greg Hunter’s USAWatchdog.com
Financial writer and radio host Kerry Lutz predicted six months ago the ObamaCare website would be a train wreck. Lutz says, “Hospitals wouldn’t know, insurance companies wouldn’t know if you had insurance or not. This thing was going to be total chaos, and that’s what we’re headed for–total complete chaos in health care.” Beyond the health care computer system, there are deep flaws in the plan, such as allowing people to buy insurance after they get sick. Lutz contends, “You’ve given people incentives to not have insurance until you need it. That’s bad behavior and guaranteed failure.” This is going to be a disaster for millions of people who will be canceled and forced to buy new health care policies. Lutz says, “They’re getting replacement policies that are anywhere between 50% to 300% more in costs with huge deductibles, huge co-pays and co-insurance, which is a new term Americans are going to learn about.” Lutz goes on to say, “It’s a tragedy for America. It’s going to speed up the ultimate collapse that we’ve been warning about. . . . There is nothing to be happy about.” Join Greg Hunter as he goes One-on-One with Kerry Lutz of the FinancialSurvivalNetwork.com.
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