Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

ObamaCare Suffers Three Major Blows In One Week
Investors Business Daily ^ | 22 Apr, 2016 | Editorial Board

Posted on 04/23/2016 4:23:56 PM PDT by MtnClimber

Health Reform: ObamaCare rates will skyrocket next year, according to its former chief. Enrollment is tumbling this year. And a big insurer is quitting most exchanges. That’s what we learned in just the past few days.

Marilyn Tavenner, CEO of America’s Health Insurance Plans, revealed that she expects ObamaCare premium hikes “to be higher than we saw previous years,” including last year, which saw double-digit rate increases across the country.

Tavenner, for those who don’t know, was head of the Centers for Medicare and Medicaid Services until early 2015, which means she helped bring ObamaCare to life. In November 2014, she was boasting how “the Affordable Care Act is working to improve competition and choice among marketplace plans.”

Now that she’s jumped to the other side of the fence, she’s discovered the dark side of the health reform monster she helped unleash.

Why will 2017 rates spike even higher? In addition to the cost of complying with ObamaCare’s insurance regulations and mandates, there’s the fact that the ObamaCare exchanges have failed to attract enough young and healthy people needed to keep premiums down. Plus, two industry bailout programs expire this year, Tavenner notes.

Oh, and she admits that people are gaming ObamaCare just like critics said they would: buying coverage after they get sick — since insurance companies can no longer turn them down or charge them more — then dropping it when they’re done with treatments. “That churn increases premiums. So you have to kind of price over that.”

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


TOPICS: Health/Medicine
KEYWORDS: deathspiral; obamacare

1 posted on 04/23/2016 4:23:56 PM PDT by MtnClimber
[ Post Reply | Private Reply | View Replies]

To: MtnClimber

The collapse of the healthcare system was always the plan.


2 posted on 04/23/2016 4:24:26 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MtnClimber

There’s a cold war brewing in America...


3 posted on 04/23/2016 4:25:38 PM PDT by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
[ Post Reply | Private Reply | To 2 | View Replies]

To: MtnClimber
Whoa, completely unexpected! </sarc>
4 posted on 04/23/2016 4:26:16 PM PDT by PROCON
[ Post Reply | Private Reply | To 1 | View Replies]

To: MtnClimber

The collapse of the healthcare system was always the plan.

__________________

Absolutely.

Gruber said it and we all knew it.

Single payer with Leftists controlling the system.


5 posted on 04/23/2016 4:27:28 PM PDT by Chickensoup (Leftist totalitarian governments are the biggest killer of citizens in the world.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Chickensoup

This deviate will hopefully pay the price someday, God dont like ugly


6 posted on 04/23/2016 4:33:40 PM PDT by ronnie raygun
[ Post Reply | Private Reply | To 5 | View Replies]

To: MtnClimber

Three steps closer to Commie Care...


7 posted on 04/23/2016 4:38:32 PM PDT by CMailBag
[ Post Reply | Private Reply | To 1 | View Replies]

To: MtnClimber

Major blows?

Pfft... we continue to accept this crap. They don’t give two sh!ts as long as they can extract more money from us.


8 posted on 04/23/2016 4:42:54 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
[ Post Reply | Private Reply | To 1 | View Replies]

To: unixfox

We really need to unite around the cause of reducing the power of government - and specifically the federal government - to abuse us.


9 posted on 04/23/2016 4:48:32 PM PDT by thoughtomator
[ Post Reply | Private Reply | To 8 | View Replies]

To: dp0622

There’s been a cold war going on for decades; what’s brewing is a hot war.


10 posted on 04/23/2016 4:57:02 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: MtnClimber

From the perspective of the left, everything is falling into place to advance their single payer agenda. Obamacare was just a step that had to be taken on the way to single payer.

From their perspective, the more Obamacare fails, the more obvious single payer is necessary.


11 posted on 04/23/2016 7:13:18 PM PDT by spintreebob
[ Post Reply | Private Reply | To 1 | View Replies]

To: MtnClimber

The Republicans should be talking Obamacare more right now. No reason to think this proven election-winning issue for Republicans is less potent now, or that the program is any more popular.

Trump should be making the case that it is going to collapse, so the election is a choice between a more socialistic reaction or a more free-market oriented solution to the mess the establishment has created.


12 posted on 09/27/2016 9:11:40 AM PDT by madconservative
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson