Obamacare Premiums to Rise Almost 25% and Some Consumers Down to One Insurer … What Happened to the $2500 Premium Reduction?

 

HOW THAT “UNAFFORDABLE” AFFORDABLE HEALTH CARE ACT WORKING OUT FOR YOU AMERICA?

As stated at Town Hall, just days after Barack Obama gave Obamacare a ringing endorsement, it is now confirmed that consumers will be feeling the wrath of Obamacare premiums rising as much as 25%. As reported by the AP, as per the administration, Obamacare premiums will go up sharply next year under President Barack Obama’s health care law, and many consumers will be down to just one insurer. According to CNN, the average premium increase masks wide variation among the states. In Arizona, the benchmark plan’s average premium will increase 116% in 2017. Remember this when you go to the polls America. I can’t say we did not warn you and tell you this from day one. You were lied to America by the current president, do we really want 4 more years of Democrat lies?

Remember when this liar told you Obamacare would reduce your premiums up to $2500 a year?

Premiums will go up sharply next year under President Barack Obama’s health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That’s sure to stoke another “Obamacare” controversy days before a presidential election.

Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of 25 percent across the 39 states served by the federally run online market, according to a report from the Department of Health and Human Services. Some states will see much bigger jumps, others less.

Moreover, about 1 in 5 consumers will only have plans from a single insurer to pick from, after major national carriers such as UnitedHealth Group, Humana and Aetna scaled back their roles.

Obamacare_disaster

“Consumers will be faced this year with not only big premium increases but also with a declining number of insurers participating, and that will lead to a tumultuous open enrollment period,” said Larry Levitt, who tracks the health care law for the nonpartisan Kaiser Family Foundation. [...]

In some states, the premium increases are striking. In Arizona, unsubsidized premiums for a hypothetical 27-year-old buying a benchmark “second-lowest cost silver plan” will jump by 116 percent, from $196 to $422, according to the administration report. [...]

Dwindling choice is another issue.

The total number of HealthCare.gov insurers will drop from 232 this year to 167 in 2017, a loss of 28 percent. (Insurers are counted multiple times if they offer coverage in more than one state. So Aetna, for example, would count once in each state that it participated in.)



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  • Comments

    4 Responses to “Obamacare Premiums to Rise Almost 25% and Some Consumers Down to One Insurer … What Happened to the $2500 Premium Reduction?”

    1. A Texas Grandfather on October 25th, 2016 9:50 am

      No one should be surprised. This piece of legislation was pushed through the congress by Democrat votes only.

      The Senate took an appropriations bill originating in the House of Representatives, stripped it and inserted the Affordable Care language. Then sent it back to the House for approval. Chuck Schummer and Nancy Pelosei should be in prison for all the dirty tricks they pulled along with the entire Senate and House Democrats that pushed, cheated and passed this trash to make Obama happy.

    2. Tamikosmom on October 25th, 2016 3:59 pm

      O/T

      Klaas/Red

      I could not find a thread for missing Young Gwang Hills on the forum. I thought the timing may imply that there may be a connection.

      ++++++

      Reward offered for info leading to missing 22-year-old man from Pierce Co.
      Updated: Oct 23, 2016
      http://www.kiro7.com/news/south-sound-news/search-underway-for-missing-22-year-old-man-from-pierce-county/459

      Man found dead in Capitol Forest still unidentified
      OCTOBER 21, 2016
      http://www.theolympian.com/news/local/crime/article109661572.html

    3. Tamikosmom on October 25th, 2016 11:25 pm

      O/T

      Young Gwang Hills is still missing.

      UPDATE

      Man found slain in Capital Forest identified as 18-year-old from L.A.
      OCTOBER 25, 2016
      http://q13fox.com/2016/10/25/man-found-dead-with-multiple-gunshot-wounds-in-capital-forest-identified-as-18-year-old-from-l-a/

    4. Clinton Lead Shrinks From 12 to 4 Points Over Trump in Latest WAPO-ABC Tracking Poll | Scared Monkeys on October 28th, 2016 11:22 am

      [...] could it be the horrific Obamacare news of insane premium increases that are moving the polls to Trump, especially with independents? National polls generally do not [...]

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