An email from one of my kids:
I just came up this this at my desk. "New services" means new medical services people will use now that they have insurance - along the lines of preventative care etc, which in my option may decrease "S" in the long term but not enough for an overall economic benefit. This model assumes the cost of insurance will be the same for everyone. My colleagues think it is a pretty robust equation.
Seems to me she gets to the heart of it. No, insurance companies cannot afford it without raising rates to a level which is impossible for the middle class and unacceptible to the federal regulators. Like requiring people to buy hybrid Rolls Royces that they don't want and cannot use. Then the companies will be blamed for the prices and few will remember that the government required the whole mess (just like the housing bubble).
As we have noted many times, Obamacare: A System Designed to Fail.
Image below via Moonbattery.
Here's one opinion: Barry Hussein Obama’s magical unicorn ride to Socialist Utopia, day 1