From the WSJ comes one of the most predictable outcomes ever … The ObamaCare’s Meltdown Has Arrived
The day has finally come where Obamacare implodes. Obamacare was a scam from the outset and had no way of ever succeeding. But that did not stop Barack Obama and the Democrats from forcing this down the throats of Americans who wanted no part of it. The failed act called the Affordable Healthcare plan would be considered a hysterical laugh out loud riot, if it wasn’t so damning and devastating to so many people. Isn’t it remarkable that Obamacare is melting down as Obama is leaving office? Think that wasn’t intentional America? If not, then you also believe that you can keep your insurance plan, doctor and hospital under Obamacare. Obama knew this was a lie, so did Jonathon Gruber, one of the main architects of Obamacare. Hell, Bill Clinton just told you the other day called Obamacare a “crazy system” and it was killing small business.
There was a reason why Obamacare was the Politifacts 2013 LIE OF THE YEAR … “If You Like Your Health Care Plan, You Can Keep It” … #YouLie
Tennessee is ground zero for ObamaCare’s nationwide implosion. Late last month the state insurance commissioner, Julie Mix McPeak, approved premium increases of up to 62% in a bid to save the exchange set up under the Affordable Care Act. “I would characterize the exchange market in Tennessee as very near collapse,” she said.
Then last week BlueCross BlueShield of Tennessee announced it would leave three of the state’s largest exchange markets—Nashville, Memphis and Knoxville. “We have experienced losses approaching $500 million over the course of three years on ACA plans,” the company said, “which is unsustainable.” As a result, more than 100,000 Tennesseans will be forced to seek out new coverage for 2017.
BlueCross is only the latest insurer to head for the exits. Community Health Alliance, the insurance co-op established under ObamaCare, is winding down due to financial failure, leaving 30,000 people without coverage. UnitedHealthcare said in April it is departing Tennessee’s exchange after significant losses. That’s another 41,000 people needing new plans.
GRUBER: “American voters are too stupid to understand the difference
All told, more than 60% of our state’s ObamaCare consumers will lose their coverage heading into 2017. When they go in search of a replacement plan, they will confront two unfortunate realities: a dearth of options and skyrocketing costs.
Seventy-three out of Tennessee’s 95 counties will have only one insurer on the exchange, meaning no meaningful competition whatsoever. In regions where BlueCross BlueShield is pulling out, there will be two remaining major carriers, Cigna and Humana. The only large metro area with more options will be Chattanooga.
As the Instupundit opines, “Leave it to government to force a marketplace into existence, where people are coerced into buying something many of them can’t afford to use, and which sellers still lose money selling. And then leave it to government to blame free markets for the failure.”
Trump should pound this over and over again in the next debate, especially the fact that Hillary is all in on a failed system and her own husband knows it to be crazy.
Bill Clinton Trashes Obamacare At Event, Calls It “Crazy System” … “Doesn’t Work,” “Doesn’t Make Any Sense” … “Killing Small Business People”
Former President Bill Clinton finally tells the truth about Obamacare at event and trashes it calling it a “crazy system” that “doesn’t work,” and “doesn’t make any sense” and is “killing the small business people”. OUCH. Yes, that came from Bill Clinton’s, Hillary’s husband, not the vast right wing conspiracy. So is he saying this to get us to a single payer healthcare system? Because Bubba Clinton is saying even Obamacare doesn’t work. Even though we have been telling you from the outset it was never intended to work. Michelle Malkin opines, did Bill Clinton just give another reason, a a very good one, to vote against his wife.
Former President Bill Clinton attacked President Barack Obama’s signature health care legislation Monday, calling it a “crazy system” that “doesn’t make any sense” during a Michigan campaign event for Hillary.
“It doesn’t many any sense. The insurance model doesn’t work here,” Clinton said about the government-run marketplaces Obamacare set up. Clinton said that Obamacare “works fine” for people with “modest” incomes or who are eligible for government subsidies, or Medicare. But he added that, “the people that are getting killed in this deal are small business people and individuals who make just a little too much to get any of these subsidies.”
Bill Clinton: ObamaCare Insurance Model “Doesn’t Work,” “Doesn’t Make Any Sense”
Bill Clinton: ObamaCare Is Killing Small Business People
Bill Clinton: Obamacare “Crazy System,” People End Up W/ “Premiums Doubled And Coverage Cut In Half”
So why did Obama and the Democrats change the healthcare to system to Obamacare?
AMERICA, WAKE THE HELL UP TO WHAT HAS HAPPENED AROUND YOU FOR THE PAST 8 YEARS … OBAMACARE IS IMPLODING AND RATE FEES GOING UP BIG TIME … DO YOU WANT ANOTHER 4 YEARS OF THIS UNAFFORDABLE CRAP!!!
As reported at The Politico, Obamacare sticker shock hits key Senate races and could affect the outcome of many political races in the Senate and House. However, the dirty little secret is that massive Obamacare rate increases on insureds could also swing the presidential vote. Welcome to the reality of Obamacare and Barack Obama’s “UNAFFORDABLE” healthcare act that was one of the greatest frauds ever perpetrated on We the People. The rate increases are escalating out of control and insurance companies are leaving Obamacare as fast as they can.
As insurers push large premium increases for 2017 Obamacare plans, some of the steepest hikes have been requested by insurers in crucial swing states that could determine control of the Senate.
In nine of 11 states with competitive Senate races, at least one insurer seeks to hike rates for Obamacare customers by at least 30 percent next year:Highmark Blue Cross Blue Shield in Pennsylvania wants to jack up average premiums by more than 40 percent. In Wisconsin, three insurers have asked for rate hikes of more than 30 percent. In New Hampshire, two of the five carriers want to sell plans with rate increase above 30 percent.
The potential sticker shock — coupled with the likelihood many consumers will have fewer choices next year after major insurers scale back their exchange participation — creates a potential political opening for Republican candidates, especially since the next Obamacare enrollment season starts one week before Election Day.
“People who are feeling it in their pocketbooks are going to be very unhappy about [rate hikes],” said Brian Walsh, a former communications director for the National Republican Senatorial Committee. “You would expect to see this will be part of the campaign messaging for House and Senate Republicans. … If it hasn’t started, it will be coming.”
While Donald Trump often cites eye-popping rate hikes as proof the health care law is a “disaster,” rate hikes haven’t yet emerged as a major campaign issue in most Senate races — although several Republicans said they plan to spotlight the issue in the fall.
In Indiana, where Indianapolis-based Insurance giant Anthem wants to raise Obamacare premiums by as much as 36 percent, Rep. Todd Young, the Republican candidate for Indiana’s open seat, is already making the rate hikes an issue against former Sen. Evan Bayh his Democratic challenger. Bayh voted for Obamacare but didn’t run for reelection in 2010.
But it is not just battleground states, its all states that these ridiculous double digit insurance rate increases are coming with is the underlying dirty little secret of the 2016 elections. Americans awake to the real truth of Obamacare, its not affordable and not sustainable. Wow, who was saying that 7 years ago?
- Obamacare users in New York brace for double-digit 2017 premium hikes.
- California Obamacare rates to rise 13% in 2017, more than three times the increase of last two years.
- Get Ready for Huge Obamacare Premium Hikes in 2017.
- Illinois Obamacare rates could soar as state submits insurance premium increases to feds.
- Price increases for Obamacare depend on where you live, mostly up big.
In Vermont, the proposed 2017 premium increase for the average silver plan that covers a 50-year-old, nonsmoking male is a whopping 44 percent, going up to $685 per month, Avalere said.
The proposed price hike for a similar man and plan in Oregon, however, is 22 percent, up to $540 per month, Avalere said.
Other double-digit price hikes for that kind of plan are proposed in Virginia (19 percent), Maine (18 percent) and Maryland (18 percent).
THE WORST KEPT SECRET, OBAMACARE IS A COMPLETE FAILURE.
Don’t look now but Aetna has announced that it will drastically scale back its Obamacare presence next year. Aetna said it will scale back from participating in 15 states this year to just four states in 2017. Aetna will only sell Obamacare products in Delaware, Iowa, Nebraska and Virginia. This on the foot heels of pullbacks from other major insurers, including UnitedHealthcare and Humana. There is a possibility that certain. Obamacare marketplaces may have no insurance carriers for individual’s coverage. Sorry to say I told you so, but we did. This was doomed from the outset. This was the most flawed law ever to be enacted and it was designed to fail so that Democrats could give us a single health payer system that will be even more disastrous.
In a blow to the health care law, Aetna — one of the largest health insurers in the country — announced Monday that it will significantly scale back its presence on the ObamaCare marketplaces next year.
The move comes as a range of insurers have complained of financial losses on the ObamaCare marketplaces.
The company said it will scale back from participating in 15 states this year to just four states in 2017.
“As a strong supporter of public exchanges as a means to meet the needs of the uninsured, we regret having to make this decision,” Aetna CEO Mark Bertolini said in a statement, citing a loss of $200 million in the second quarter.
The Obama administration argued the move is not a sign that the ObamaCare marketplaces are in trouble.
HOW’S THAT OBAMACARE HOPEY, CHANGEY STUFF WORKING OUT FOR YA AMERICA?
UnitedHealth Group plans to withdraw from many Obamacare exchanges leaving them only in a handful of states. Due to tremendous loses UnitedHealth plans to withdraw from health insurance marketplaces in Arkansas, Michigan, Connecticut and parts of Georgia. They are expected to lose $650 million in the exchanges in 2016 and due to these deep loses may leave the Obamacare exchanges altogether in 2017. We warned you from the outset of this fool-hearty, government take over of healthcare that Obamacare was a lie and affordable. The fact that Obamacare is really called the Affordable Health Care Act may just be one of the greatest lies and hoaxes every perpetrated on the American People. Recently insurance carriers warned that Obamacare was unsustainable.
As the Right Wing News opines, “If only someone had predicted this …”.
UnitedHealth Group, the nation’s largest health insurer, said Tuesday that in 2017 it will exit most of the 34 states where it offers plans on the Affordable Care Act insurance exchanges.
“We will be down to a handful of states that we will be actively participating in the exchanges,” Stephen J. Hemsley, chief executive officer of UnitedHealth Group said in an earnings call, noting that the small market size and greater expense of patients insured through the marketplaces led the insurer to make the decision.
UnitedHealth plans to withdraw from health insurance marketplaces in Arkansas, Michigan, Connecticut and parts of Georgia. The decision is a sequel to an announcement by executives late last year that the insurer had suffered financial losses and might leave the health exchanges altogether in 2017. UnitedHealth reported that it expects to lose $650 million in the exchanges in 2016.
Prior to the call, the Obama Administration attempted to downplay any departures from UnitedHealth.