Hmmmm...let's see...health plan designed to help poor. Subsidized by the state, so lots of people who could afford their own insurance jump on the bandwagon.
State getting hosed, decides to jack up premiums so the people who were originally intended to be covered can no longer afford coverage, leaving the lazy sonsabitches who leech off the state as the only remaining participants, and actual numbers of uninsured doesn't go down, but gross waste of money continues.
Did I get that about right?