Posted on 08/28/2016 6:37:50 AM PDT by SoFloFreeper
Enrollment in the insurance exchanges for President Obamas signature health-care law is at less than half the initial forecast, pushing several major insurance companies to stop offering health plans in certain markets because of significant financial losses.
As a result, the administrations promise of a menu of health-plan choices has been replaced by a grim, though preliminary, forecast: Next year, more than 1 in 4 counties are at risk of having a single insurer on its exchange, said Cynthia Cox, who studies health reform for the Kaiser Family Foundation.
(Excerpt) Read more at washingtonpost.com ...
but I thought I remember some guy on Hannity not many months back saying that this years enrollments were projected to be at least 200% above projects or some such non-sense, and all these health care providers will be rushing to get back in.
Risk? Exactly as planned. Government has installed a monopoly, whom they will replace because we can't have monopolies.
“”Enrollment in the insurance exchanges for President Obamas signature health-care law is at less than half the initial forecast””
Less than 1/2? After how many years? AND who said it would be a failure? Going by DC standards, this is a success!
Next year, more than 1 in 4 counties are at risk of having a single insurer on its exchange
***************
If you like your plan....
This lie alone should have been sufficient to impeach Obama.
The other night on one of the shows they were talking about the increase in premiums and I heard someone say........just think how much more the premiums would be increasing without Obamacare. Hahahahahahaha.
They never, ever quit.
Good thing the White Hut repeatedly delayed major provisions is this POS scheme until the Kenyan leaves office. Other than that, it’s headed for nationalization as planned.
Pittsburgh-based Highmark Health recently sued the federal government, claiming that in 2014, the governments formula calculated that the health plan should receive $220 million. However, Highmark only received $28 million because the pool ran out of money.
According to Americas Health Insurance Plans, similar scenarios played out across the country.
The shortfall in the risk corridor payments really, I think, made a lot of companies reevaluate whether they could remain in the market given the losses that they face, AHIP Spokesperson Clare Crusing said.
That has prompted concerns that there will be few options for those wanting to purchase coverage on the exchanges come open enrollment time in November.
http://wesa.fm/post/here-s-what-expect-ahead-open-enrollment-under-obamacare#stream/0
“Health-care exchange sign-ups fall far short,” and more social security and medicare funds disappear from the people that paid for it.
red
That’s ok. Obama will just increase the penalty for not signing up for HIS plan.
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Risk? Exactly as planned. Government has installed a monopoly, whom they will replace because we can’t have monopolies.
>
??. Govt created a vehicle from which to install yet more fascism, yes.
But, I have a hard time thinking of an instance where a monopoly could NOT exist, if not FOR govt: sports, utilities, schools (sure, you can charter\private, but it’s not like you get your $$ BACK from the FREE public), unions\pensions, etc.
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