Obamacare Premiums Up When Does the Death Spiral Blow Up?

MishTalk ~ Mish's Global Economic Trend Analysis ^ | 10/20/16 | mishgea

[grumpygresh]

Obamacare premiums are skyrocketing out of sight. A jump of a mere 30% looks like a good deal compared to jumps of over 50% in six states, and 93% in New Mexico.

Congratulations are in order for those living in a handful of states whose premiums only rose 20%.

[grumpygresh]

Normally this would have been a front and center topic for a US election. The best thing to happen is if Obamacare died a natural death. But, I would expect the Dems and disgusting rinos like ryan will try to keep it going to transition into a fascist/totalitarian system. The good news or the bad news (depending on your situation) is that doctors are dropping out of 0-care and government programs

[TexasFreeper2009]

It is designed to blow up right after he leaves office.

[Don Corleone]

It is designed to blow up right after he leaves office.

Into a single payer socialized medicine debacle. The camels nose is under the tent.

[eyeamok]

Obama can Save Obamacare with 1 simple Executive Order, so could CONgress if they wanted to:

PEACE
Public Employee Affordable Care Enrollment Act.

ALL Persons that can be classified as a Public Employee or a Retired Public Employee, SHALL Be required to purchase their own Personal and Family Health Insurance from the Affordable Care Exchange in the State they legally reside.

With the Millions and Millions of NEW Enrollee’s that are INELIGIBLE for Subsidies joining the Exchange, the Prices will Stabilize and our PUBLIC EMPLOYEES will receive the Very Finest Health Insurance our Government has to Offer.

The Program will have been saved Permanently.

[nickcarraway]

You are naive. If ACA falls apart, we get single payer healthcare, which is worse.

[clearcarbon]

[grumpygresh]

But, you might get better treatment if you give your doctor a bottle of vodka.

Just like Cancer Ward, Alexander Solzhenitsyn.