Free Republic

Have you observed what is happening with medical insurance in the United States? There is an upheaval taking place. You might be experiencing it yourself.The Wakely Consulting Group has taken upon itself to track trends in the medical insurance market, both pricing and participation.Their latest report has documented an ongoing and profound shift, one so dramatic that it portends something truly meaningful for the future.Lacking serious reform of the system from Congress, it seems that consumers are taking matters into their own hands.Congress declined to extend subsidies for the Affordable Care Act (ACA) starting in January. Consumers have examined their...

The government shutdown has focused debate on the vast sum ($136 billion in 2025, as projected by the Congressional Budget Office) that the federal government spends to annually subsidize continually skyrocketing Obamacare health insurance premiums. The Wall Street Journal reports that regardless of how that fiscal tug-of- war turns out, health insurance premiums paid by Americans are expected to rise another 8% or 9% next year.The mega-health insurers are leading the charge for more subsidies because this money lands right in their pockets. Their profits and stock values have been soaring while the rest of us struggle to pay the...