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.
“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.)
Judge Napolitano Discusses Bill Clinton’s Criticisms of ObamaCare, FBI’s Immunity Deal to Destroy Clinton Aid Laptops (VIDEO)
LIES AND CORRUPTION FROM OBAMA ADMINISTRATION AND THE BENDING OVER BACKWARDS TO COVER UP FOR HILLARY CLINTON …
In Fox & Friends, Judge Napolitano discusses Bill Clinton’s sodium pentothal Obacare moment, a new low for the FBI and the DOJ carrying water for Hillary Clinton in abruptly stopping a case against an arms dealer.
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).