Posted on 04/23/2016 4:23:56 PM PDT by MtnClimber
Health Reform: ObamaCare rates will skyrocket next year, according to its former chief. Enrollment is tumbling this year. And a big insurer is quitting most exchanges. Thats what we learned in just the past few days.
Marilyn Tavenner, CEO of Americas Health Insurance Plans, revealed that she expects ObamaCare premium hikes to be higher than we saw previous years, including last year, which saw double-digit rate increases across the country.
Tavenner, for those who dont know, was head of the Centers for Medicare and Medicaid Services until early 2015, which means she helped bring ObamaCare to life. In November 2014, she was boasting how the Affordable Care Act is working to improve competition and choice among marketplace plans.
Now that shes jumped to the other side of the fence, shes discovered the dark side of the health reform monster she helped unleash.
Why will 2017 rates spike even higher? In addition to the cost of complying with ObamaCares insurance regulations and mandates, theres the fact that the ObamaCare exchanges have failed to attract enough young and healthy people needed to keep premiums down. Plus, two industry bailout programs expire this year, Tavenner notes.
Oh, and she admits that people are gaming ObamaCare just like critics said they would: buying coverage after they get sick since insurance companies can no longer turn them down or charge them more then dropping it when theyre done with treatments. That churn increases premiums. So you have to kind of price over that.
(Excerpt) Read more at investors.com ...
The collapse of the healthcare system was always the plan.
There’s a cold war brewing in America...
The collapse of the healthcare system was always the plan.
__________________
Absolutely.
Gruber said it and we all knew it.
Single payer with Leftists controlling the system.
This deviate will hopefully pay the price someday, God dont like ugly
Three steps closer to Commie Care...
Major blows?
Pfft... we continue to accept this crap. They don’t give two sh!ts as long as they can extract more money from us.
We really need to unite around the cause of reducing the power of government - and specifically the federal government - to abuse us.
There’s been a cold war going on for decades; what’s brewing is a hot war.
From the perspective of the left, everything is falling into place to advance their single payer agenda. Obamacare was just a step that had to be taken on the way to single payer.
From their perspective, the more Obamacare fails, the more obvious single payer is necessary.
The Republicans should be talking Obamacare more right now. No reason to think this proven election-winning issue for Republicans is less potent now, or that the program is any more popular.
Trump should be making the case that it is going to collapse, so the election is a choice between a more socialistic reaction or a more free-market oriented solution to the mess the establishment has created.
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