Insurer Exits From Obamacare Turn Few Choices Into None
Who could have predicted that a bunch of sick people signing up for insurance, and the insurance companies can't charge them more than they charge anyone else, would have led to insurance companies not making any money and just deciding to not offer insurance at all?Later this year, residents of Pinal County, Arizona, who go shopping for health insurance under Obamacare will face a peculiar dilemma -- they’ll have to buy a product that may not exist.
The 400,000-population county southeast of Phoenix currently doesn’t have a single health insurer offering coverage next year on the Affordable Care Act’s exchanges, where Americans can shop for the insurance they’re required to have under the law. With the impending pullout of major health insurers -- including Aetna Inc., UnitedHealth Group Inc., and Humana Inc. -- Pinal County is just one place around the country where Americans will be left with few, if any, choices for coverage.
Oh wait, me, and lots of other people. Hey, Obama! I don't get big money to think of shit like this and yet I figured it out years ago. Why not give me some of that Obama cash you seem to love throwing around so I can save you some embarrassment next time.
Who am I kidding? Obama and gang probably knew full well this wasn't going to work, hence why they kept prolonging the roll out of this failure and kept giving businesses extensions. Obama just wanted his legacy while he was in office. The plan was probably for this to fail after the presidential elections though, that way it wouldn't affect a Democrat's chance of getting elected and if a Republican won they could blame the whole thing on the new Republican president.
Last edited by Tgo01; 08-21-2016 at 04:06 AM.
Well.. they would likely just Blame it on Repubs not letting them have universal health care instead.
I want the Dems to force car insurance companies to make it the same rate for everyone, no matter how many accidents they have, or their age.
And life insurance companies should be required to have the same rates for everyone, no matter age or health.
Makes total sense.
Premiums will go up sharply next year under President Barack Obama's health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That's sure to stoke another "Obamacare" controversy days before a presidential election.
Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of 25 percent across the 39 states served by the federally run online market, according to a report from the Department of Health and Human Services. Some states will see much bigger jumps, others less.
Moreover, about 1 in 5 consumers will only have plans from a single insurer to pick from, after major national carriers such as UnitedHealth Group, Humana and Aetna scaled back their roles.
"Consumers will be faced this year with not only big premium increases but also with a declining number of insurers participating, and that will lead to a tumultuous open enrollment period," said Larry Levitt, who tracks the health care law for the nonpartisan Kaiser Family Foundation.
http://hosted.ap.org/dynamic/stories...10-24-17-03-27
WHAT!? Who could have possibly seen this coming?
Oh, that's right.. most intelligent people.
Premiums will go up by double digits... Thanks, Russia!
But wait... wait! The Democrats have always said that THEY are the intellectual party! If they're so smart, how did they not see this coming?
Or... *could it be* that they stuffed this monstrous mistake down our throats just so they could have something to stand behind at election time? Hmmm... guess the intelligentsia forgot to take that course on Machiavellian systemic manipulation. Definitely skipped the informal logic courses, too.
I can already see the $100M ad campaign, paid for by Hillary, brainwashing Americans into somehow believing that this mess is beneficial to anyone other than a small handful of powerful politicians.
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Totes!! He is SO racist for wanting to secure our borders and improve the efficiency of our immigration department so that someone who wants to enter our country legitimately doesn't have to wait 10-15yrs to do so. Thereby reducing the incentive to hop the fence in the first place. And giving due respect to those who arrived here legitimately.
AND he has sexually assaulted SO many women that as soon as he ran against Hillary they all started magically appearing! What luck for the Clintons!
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