The problem with Obamacare is not just how much it will cost the government but how much it will cost us and hurt the economy. So I think your solution is simple minded. The problem that I have with Obamacare is that it forces a product on me that I refuse to buy, a mandated health insurance. I despise most insurance products and health insurances being the worst kind. I should have the freedom to take care of my health without insurance. I often say to people that if you are sick and your main goal is to get healthier, the last thing you want is an insurance that will subsidize your sickness. Now with per-existing condition allowances what will be your incentive to get better. The most important thing in your life should be your health.
It is better to look dumb and not be, than to look smart and not be.