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ObamaCare Enrollees Face A Rude Awakening In Two Weeks
Investor's Business Daily ^ | 10/18/2016 | Staff

Posted on 10/19/2016 4:10:13 AM PDT by IBD editorial writer

Health Care: President Obama once told the country that ObamaCare was a "great product." When open enrollment for ObamaCare begins on Nov. 1, millions of Americans will discover just how big a lie this was.

Although the mainstream press has largely ignored it during this election in favor of wall-to-wall coverage of Donald Trump's alleged misdeeds, ObamaCare is absolutely coming unglued.

When the exchanges open for business in two weeks, people looking for insurance there will find far fewer choices, sky-high premiums and lower-quality plans.

A recent analysis by Bloomberg found that because insurance companies have bailed out of so many ObamaCare markets, more than 1.4 million people will be forced to switch plans during open enrollment. In most cases, that will mean finding new doctors and other providers as well.

Millions will find only one insurance company participating in their area. Oklahoma, Alaska, Wyoming, Alabama and South Carolina will have one ObamaCare insurer statewide, and so will most counties in Florida, Mississippi, North Carolina. Before ObamaCare, 17 insurers competed for business in Kansas. When the exchanges open up in November, most will have a choice of two.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: abuse; fraud; healthcare; obama; obamacare
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1 posted on 10/19/2016 4:10:13 AM PDT by IBD editorial writer
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To: IBD editorial writer

A DNC bus just dumped a load of Obamacare on a Gwinnett County, GA road. Soon, the smell will be hard to ignore.


2 posted on 10/19/2016 4:14:37 AM PDT by outofsalt ( If history teaches us anything it's that history rarely teaches us anything)
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To: IBD editorial writer

already got my rude awakening......up $120.00 per month!


3 posted on 10/19/2016 4:15:27 AM PDT by blueyon (The U. S. Constitution - read it and weep)
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To: IBD editorial writer

“Obamadontcare”...because the system is rigged.


4 posted on 10/19/2016 4:15:40 AM PDT by equaviator (There's nothing like the universe to bring you down to earth.)
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To: outofsalt

Just saying.

The GOP was in charge for quite a while.

Did not see them do a thing, about healthcare.

Neither party, has a single thing to brag about.


5 posted on 10/19/2016 4:16:09 AM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: IBD editorial writer

The company I work for is self insured and our costs are up 70% this year for the 2500 or so employees on the plan and their families. We’d have to raise premiums by nearly double to get it back to the 2015 rate at this point for the 2017 plan year, which we won’t do. Even backing out the larger claims it’s still way up. Never seen anything like it before. Will have reduced our eps by 4 cents per share roughly this year


6 posted on 10/19/2016 4:19:08 AM PDT by rb22982
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To: IBD editorial writer

BUT TRUMP SAID “P***Y” DON’T YOU STUPID PEOPLE UNDERSTAND????


7 posted on 10/19/2016 4:29:55 AM PDT by Mr. K (Trump is running against EVERYONE. The Democrats, The Media, and the establishment GOP)
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To: equaviator

Yep, time for people who exercise, live monogamous lives and don’t contract STDs, the folks who don’t smoke and get lung cancer, the people who wash after pooping, the ones who eat lite, and smile, get go to work...THEY need to pay high premiums for those who
Stay at home watching TV, real couch potatoes, who are obese, don’t exercise, have very poor nutrition habits, like a lot of beer, and sleep with anything and anyone, never washing their hands when they poop,.... Angry, have a lot of fear issues, and sexual impotence that needs a box of viagra. In other words...sometimes, a persons HEALTH is about choice..how much sugar, how much high saturated fats one consumes and if it is angry all of the time.


8 posted on 10/19/2016 4:31:12 AM PDT by rovenstinez (so)
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To: IBD editorial writer

The true intent of the Cloward-Piven instrument known as Obamacare now becomes clear—to overload and wreck the world’s best healthcare system—so something new can be replace it.

Oh, you voted for Trump in 2016? No medical care for you!


9 posted on 10/19/2016 4:32:03 AM PDT by exit82 (Road Runner sez:" Let's Make America Beeping Great Again! Beep! Beep!")
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To: IBD editorial writer

The entire Obamacare deal was designed to blow your engine. Crush you. And they laughed at you...Gruber.

And the ceremonial Congress did nothing. Because they’re complicit.


10 posted on 10/19/2016 4:35:24 AM PDT by WKUHilltopper
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To: IBD editorial writer

Remember Obama...... “Every American family will save $2500 per year in health care costs.”


11 posted on 10/19/2016 4:40:36 AM PDT by high info voter (Liberal leftists would have "un-friended" Paul Revere!)
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To: IBD editorial writer

“When the exchanges open for business in two weeks, people looking for insurance there will find far fewer choices, sky-high premiums and lower-quality plans.”

The real eye opener will be when smaller market hospitals, clinics and physician practices start to close.


12 posted on 10/19/2016 4:46:24 AM PDT by Artie (We are surrounded by MORONS)
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To: IBD editorial writer

My gift from the Kenyan came yesterday. A 24% increase in premiums and ALL copays are $70 and more.


13 posted on 10/19/2016 4:49:20 AM PDT by Lizavetta
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To: IBD editorial writer

ObamaCare:

DESIGNED TO FAIL

from the very beginning

14 posted on 10/19/2016 4:49:33 AM PDT by Gay State Conservative (Deplorables' Lives Matter)
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To: Artie

“The real eye opener will be when smaller market hospitals, clinics and physician practices start to close.”

They already are.

https://www.google.com/amp/www.usnews.com/opinion/blogs/policy-dose/articles/2016-03-24/rural-hospitals-are-disappearing-after-obamacare-how-do-we-save-them%3fcontext=amp


15 posted on 10/19/2016 4:50:23 AM PDT by ScottinVA
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To: IBD editorial writer

The real problem as I see it now, now that they have failed to repeal it, isn’t about what will replace it, its that the prices will never come back down in a deflationary cycle.

Patients are complaining of price
Doctors are complaining of low payments
Insurance companies are complaining of losing money

Everybody, everybody is losing out!

I heard that crazy libertarian guy talking about a plan that was catastrophic coverage only, then you buy the extras.... Problem I see with that idea is emergency rooms will still be overwhelmed with people who only bought catastrophic and end up going there with a splinter in their finger! I just shake my head and basically we’re all heading to the poor house with crap programs and overpriced insurance.

Lastly, we need to change the language. It isn’t healthcare, healthcare is what you get from your doctor. IT IS HEALTH INSURANCE and it costs more than your doctor.


16 posted on 10/19/2016 4:52:45 AM PDT by EBH (As for me and my house, we will serve the Lord.)
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To: Lizavetta
My gift from the Kenyan came yesterday. A 24% increase in premiums and ALL copays are $70 and more.

Hey,c'mon now.You've gotta be more careful when you post.You clearly mean 24% less and $7 or less.After all,our Community Organizer-In-Chief *did* give us his word.

17 posted on 10/19/2016 4:53:02 AM PDT by Gay State Conservative (Deplorables' Lives Matter)
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To: IBD editorial writer
Jonathan Gruber, the MIT economist who once said passing President Obama’s health law depended on “the stupidity of the American voter”...
18 posted on 10/19/2016 4:55:01 AM PDT by Gay State Conservative (Deplorables' Lives Matter)
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To: IBD editorial writer

If you like your....

Ah forget it.


19 posted on 10/19/2016 4:57:10 AM PDT by FourtySeven (47)
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To: Gay State Conservative

Indeed. Anyone who says their health costs under Obamacare have increased in any way are lying racist homophobes.


20 posted on 10/19/2016 4:59:08 AM PDT by FourtySeven (47)
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