Posted on 10/06/2016 8:13:04 PM PDT by Beave Meister
Tennessee is ground zero for ObamaCares 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 states largest exchange marketsNashville, 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 Tennessees exchange after significant losses. Thats another 41,000 people needing new plans.
All told, more than 60% of our states 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.
(Excerpt) Read more at wsj.com ...
Ezekiel Emanuel, chief architect of Nobamacare, was on the Kelly File the other night.
He spit out (literally) the following lies:
He said the reports of large premium increases were cherry picked and that overall increases have been minimal.
States who didn’t expand Medicaid are the cause of so many people losing their insurance.
Rubio is responsible for insurers leaving the exchanges because Rubio opposes a continuation of the risk corridor payments (AKA taxpayer bailouts) to insurance companies.
See how easy it is being a Democrat. Just bury the truth, invent a bunch of lies and blame the GOP and you’re in.
To her credit, Kelly was having none of it, but she didn’t challenge him enough on the risk corridor payments. She should have made the analogy that the risk corridor payments were bailouts and why should the federal government be picking winners and losers in the health insurance market with taxpayer dollars.
Oh, yes it has. Most people won't see their premium increases until November. I've already seen mine - 45% but insurers aren't required to post their new rates until November 1.
I don't know why Trump isn't making a bigger deal out of this as it affects so many people.
Insurance execs who got in bed with Rats to pass this debacle should be tossed out unceremoniously on their cans. How could they be so absolutely stupid and naive?
The 'process' should not involve taxpayer money, because if you want to gore the ox of fat people, they're going to turn around and gore your ox. You have 'bad genes'? You don't exercise to their liking? Bam!
Healthcare must be the sole province of an individual and a doctor.
Yep. I agree.
However, if the government, via the power of the gun, interjects itself. I’d want it to add personal responsibility to the mix. Get fat, smoke, become an alcoholic, and don’t expect the same quality of health car.
“I like the idea of inserting personal responsibility into the process.”
Since when has America been about “personal responsibility”?
Personal responsibility is for chumps who pay taxes.
Yep. And he country will collapse if we do not return to that standard. Frankly, I think it already has. It’s just that it is a long fall.
yes... tax used to ship them out... sick.
yes... tax used to ship them out... sick.
Listen to Sen Mark Norris’ questioning about this
http://keeptnsafe.com/obamacare/
Obamacare coverage in Tennessee’s biggest markets
http://www.timesfreepress.com/news/business/aroundregion/story/2016/sep/26/bluecross-slashes-statewide-coverage-obamacare-half/388673/
Add Tricare Life to that list as it is secondary to Medicare for over 65 Ret. Military. Both are price fixed, losing doctors, test, low and slow reimbursements.
Hematologist, used an out of state blood lab, took them a year to file just Medicare, of course Medicare denied them. As will Tricare Life that one has not come in yet. It’s thousands of $$. I signed waivers NOT to run any non Medicare/Tricare Life test. They went ahead and ran them any way. Can’t get the lab reports out of the Hematologist, even my primary can’t. All I know is I don’t have Leukemia. But no reason why the red/white blood cells in bone marrow are abnormal. All I got was keep coming in every 6 months for more blood work. Cancelled the last appt and never made another one. Idiot was just padding his billing.
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