Posted on 11/07/2023 5:51:37 AM PST by Mr. Mojo
Nearly 3 in 5 people who purchase individual health plans find it at least somewhat difficult to afford care, according to a new Commonwealth Fund survey.
Put another way, insurance under the Affordable Care Act is anything but affordable.
That's no surprise. Democrats have spent billions subsidizing coverage through the exchanges without doing anything to address the structural reasons why the cost of insurance has surged. Their approach is making insurers rich — at the expense of taxpayers and patients. In 2013, the year before Obamacare went into effect, the average monthly premium in the individual market was $244. By 2019, it was $558.
Next year, the average lowest-cost plan premium on the exchanges will be $479 a month. Democrats know that's not exactly affordable. So they've used taxpayer dollars to mask the true cost of exchange coverage. Federal subsidies for insurance premiums amount to $91 billion this year. More than 9 in 10 exchange enrollees receive subsidies. That amounts to a multibillion-dollar transfer from your wallet to insurance companies. It only adds to the handsome profits insurers have made, and will continue to make, off of Obamacare.
With taxpayers picking up an ever-greater share of premiums, consumers are relatively insensitive to premium hikes. So insurers have little problem raising rates. Indeed, next year's average lowest-cost plan premium on the exchanges is 7% higher than this year. The subsidies may insulate against premium hikes, but they do not alleviate the pain associated with high deductibles and narrow provider networks.
This year, the average enrollee with a mid-level silver plan had to meet a deductible of nearly $4,900 . Less generous bronze plans had an average deductible of nearly $7,500. Historically, roughly three-quarters of exchange plans have confined their beneficiaries to narrow provider networks.
Until lawmakers address Obamacare's flaws, insurers will continue profiting off of the individual market's dysfunction. And patients and taxpayers will continue paying the price.
Which was the plan all along.
And our insurance agent says no one will take it because the payback is so poor.
I tried to tell everyone that I knew that this was a disaster in the making
But there were far too many worshipers of the Manchurian Candidate Barack Hussein Obama and his obvious lies
Fools
Truly, honestly, I can’t think of a thing that gooberment touches that does not get worse or cost more or both. Can anyone think of anything that gooberment does that actually has gotten better? Please, tell us if you can.
bttt
THE CANCER CALLED BARACK OBAMA MOVED STEALTHILY AMONG US
still Obama’s eight years in office had done its damage:
<><>politicization and weaponization of federal agencies,
<><>victimization becoming a virtue,
<><>government intruding into Americans’ health decisions
<><>massive damage by his Justice Department,
<><>coerced cities into “consent decrees” that neutered police forces
<><> fully engaged feds in the cult of progressivism
<><>white supremacy invented,
<><>environmental extremism,LBGT fanaticism, open borders lockstep,
<><>govt workers seeking to derail Trump the duly elected president,
This treachery culminated in November 2020 when the government colluded with the media and social media to execute a coup against the sitting president under the guise of “The most secure election in American history”. And it is that coup with which Barack Obama achieved his greatest success in “transforming” the United States because it inflicted Joe Biden on us to give Obama a third term.
(americanthinker.com)
Another campaign issue if we can run with it. Trump gets things done. I remember him saying his own plan will cover ‘everybody’. Perhaps his confidence is what’s needed now.
He should put nurses in charge of his new system. They’re the ones who take care of the patients and women will know he respects them while the doctors are giving the appearance of the indifferent rich out there.
Opportunity missed? You tell me.
Recall wise freepers had plenty of good ideas to help reduce costs, but unfortunately none of them involved kickbacks, DNC donations or more socialism...
Lawyers from SEIU wrote Obamacare.
Then they took over United Healthcare.
Paul Ryan sat there and did nothing.
The GOP-e attacked the Tea Party.
The left laughed at the fools running the GOP.
In 15 years, we have learned that Politics is not what we thought it was.
Since the core flaw is commie care itself, the only way to address it is to repeal it.
Because it was never really about medical care.
It was and is about money and power.
McCain cast the deciding vote in the Senate against driving a stake into the heart of this monster.
This is an EASY FIX to Obamacare and it is guaranteed to work.
We need the PEACE Act. The Public Employee Affordable Care Enrollment act, and Mandate that EVERY PUBLIC EMPLOYEE in America Enroll in The Affordable Care Act and pay for it them selves. Our public employees deserve the very Best Health Insurance this country has to offer, and that is OBAMACARE.
There are MANY commercials on TV saying that people found health care plans for $14/mo.
BTTT!!!
Government payments is what has driven the cost of insurance and healthcare up for decades. The government sets a fee it will pay for a certain procedure. The doctors and hospitals all know what that number is so they will charge MUCH more and accept the loser payment. But they also know that next year the government will raise the amount they pay.
And the cycle repeats itself over and over.
obama/soetoro/what ever his real name is has his third term. He even told us how he would do it. https://www.youtube.com/watch?v=9BdGLrb-HTY
Politicians should have been PUT on Obamacare from day one
obunko-care ruined my son, daughter-in-law and granddaughters. A HS teacher and coach, a guidance counselor, their premiums quadrupled and their $800 deductible soared to $10,000 under bunko-care. Many maladies were left untreated as a result.
They became depressed over it, disenchanted, ceased to care about things they used to exult in. As soon as the daughters were out of the house and the oldest graduated from college, they split up.
Agreed. The purpose of their plan was to force government universal coverage
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