Obamacare's Looming Premium Hikes

[Dead Duck]

Largest Health Insurer Pulls Out Of Most Obamacare Exchanges | The Daily Caller

UnitedHealth to trim ACA exchanges to "handful" of states - CBS News

Wow-
To bad they weren't warned before they started that Obummer Care wasn't going to work.

 

[rhino]

Wow-
To bad they weren't warned before they started that Obummer Care wasn't going to work.

Who knew?

 

[JollyMon]

We had to pass the bill to find out what was in the bill

 

[historian]

Actually, the original bill had a bailout for them in order to keep them in. The Republicans closed the risk corridors to make the insurance companies have to stay fiscally solvent on their own, then they prevented HHS from bailing out the insurance companies from its budget as well. But hey, the Republicans have done nothing to take down Obamacare.

 

[HubertGummer]

Actually, the original bill had a bailout for them in order to keep them in. The Republicans closed the risk corridors to make the insurance companies have to stay fiscally solvent on their own, then they prevented HHS from bailing out the insurance companies from its budget as well. But hey, the Republicans have done nothing to take down Obamacare.

Well a big reason the republicans were elected was to take down Obamacare so....

Obviously the system couldn't work if the government has to bail out the insurance co.panies every year, we don't have the money for that. The IC's need to keep themselves afloat, and with the feds mandates, they can't without raising premiums.

Something needed to be done but the government forcing mandates wasn't it. They should have focused on why medical stuff is so unaffordable.

 

[actaeon277]

ObamaCare Suffers Three Major Blows In One Week | Stock News & Stock Market Analysis - IBD

ObamaCare Suffers Three Major Blows In One Week

Skyrocketing premiums, fewer choices in the marketplace, and people fleeing ObamaCare in droves after signing up. This isn’t exactly what Obama promised when he signed ObamaCare into law.

 

[PistolBob]

Just started a new job....my gross pay is diminished by 52% every pay day....this is just health insurance and taxes. No 401K, no FSA, no ESPP...just taxes and health insurance premiums....and I make ABOUT 80k...

 

[actaeon277]

https://www.washingtonpost.com/opin...c09b38-0ae4-11e6-8ab8-9ad050f76d7d_story.html
Obamacare disaster will be Obama’s enduring domestic legacy


Forbes Welcome
New Obamacare Study Considers What Happens When Generous Government Subsidies End


About That Cadillac Tax
About That Cadillac Tax

 

[AA&E]

My premiums already went up and I don't have obiecare.

This. My best plan option saw co-pays completely disappear until the deductible is met. Saw the deductible increase from $1250 to $4500. The prescription plan is also 100% out of pocket until the deductible is met. And to top it all off? The rate increases over the past two years has nearly doubled the cost of my insurance over what it had been three short years ago.

 

[AA&E]

We had to pass the bill to find out what was in the bill

The most disheartening thing, is those that see what the bill is and are still too stubborn to admit we were bamboozled.

 

[AA&E]

Just started a new job....my gross pay is diminished by 52% every pay day....this is just health insurance and taxes. No 401K, no FSA, no ESPP...just taxes and health insurance premiums....and I make ABOUT 80k...

Well, at least you don't live in one of those socialist nations where they tax you to death...

some of that might have been implied purple text...

 

[actaeon277]

A Little Court Case Could Cause Huge Problems For ObamaCare | Stock News & Stock Market Analysis - IBD

Ruling Expected Soon On Little-Known Case That Could Cause Major Problems For ObamaCare

Under the law, ObamaCare’s premium subsidies are an entitlement, which means that the money needed to pay for them is appropriated automatically.
But Republicans in the House say that Congress must appropriate the cost-sharing subsidies each year. And, as IBD has reported, a good case can be made that they are right.

 

[ArcadiaGP]

Breaking: A federal judge has ruled in favor of the House of Reps in a lawsuit claiming that the Obama Admin is illegally funding ObamaCare

http://www.politico.com/story/2016/05/house-gop-wins-obamacare-lawsuit-223121

 

[ArcadiaGP]

Huh. Thought that'd be a bigger deal. Sort of a giant shutdown of his landmark achievement and all.

 

[BobDaniels]

Huh. Thought that'd be a bigger deal. Sort of a giant shutdown of his landmark achievement and all.

It's Obama; he's going to do what he's going to do, laws and constitution be damned.

 

[ghitch75]

It's Obama; he's going to do what he's going to do, laws and constitution be damned.

 

[Kirk Freeman]

Huh. Thought that'd be a bigger deal. Sort of a giant shutdown of his landmark achievement and all.

No, no big deal. It's the 9th Circuit. DoJ will get the panel they need to overturn the district court.

SCOTUS will up hold by 6-3 now, maybe 7-2 once Hillary gets in.

 

[mrjarrell]

Huh. Thought that'd be a bigger deal. Sort of a giant shutdown of his landmark achievement and all.

Not a big deal, yet. It will be business as usual while the case works it's way up the appeals ladder. Nothing is going to change till it reaches SCOTUS and there's no guarantee that it won't be overturned there, either. They've already upheld it once, I don't see that they'll necessarily change their minds on this.

 

[hoosierdoc]

No, no big deal. It's the 9th Circuit. DoJ will get the panel they need to overturn the district court.

SCOTUS will up hold by 6-3 now, maybe 7-2 once Hillary gets in.

Who is the current 9th vote?

 

[Kirk Freeman]

Who is the current 9th vote?

Will not know that until February or March of 2017.