{"id":68625,"date":"2016-10-28T06:45:02","date_gmt":"2016-10-28T10:45:02","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=68625"},"modified":"2016-10-27T14:53:11","modified_gmt":"2016-10-27T18:53:11","slug":"an-obamacare-update","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=68625","title":{"rendered":"Yer 2017 ObamaCare Enrollment Period Update"},"content":{"rendered":"

The 2017 premiums for that\u00a0\u00a0\u00a0\u00a0\u00a0 Pathetically Puerile Abominable Collection of Asininity<\/del>
\n“wonderful” law called the Patient Protection and Affordable Care Act – AKA “ObamaCare” – have been released.<\/p>\n

The numbers for next year?\u00a0 Well, as they might have said where I was raised:\u00a0 “Them numbers ain’t lookin’ so good.”<\/p>\n

Nationwide, for the 39 states using the Federal healthcare exchange the average premium increase is about 25%<\/em><\/a>.\u00a0 But if your premium “only” goes up 25% next year when you purchase healthcare through the Federal insurance exchange – count your blessings.\u00a0 In many states premiums increase by far more than that.<\/p>\n

In 10 states, a “Silver” plan (2nd lowest before tax credit) purchased through an insurance exchange has a premium increase of 40% or more<\/em><\/a>.\u00a0 And in Arizona, that Silver plan rate increase puts the emphasis on “more” – as in, next year it will cost a whopping 145% more<\/em><\/strong>.<\/p>\n

Hey, they’ve got the proverbial “captive audience” – coverage is legally mandatory, remember?\u00a0 So yeah, they can<\/span> do that and get away with it.<\/p>\n

Choices are much more limited next year as well.\u00a0 In 11 states, only one or two insurers are offering insurance through an insurance exchange.\u00a0 So much for “robust competition” happening simply because “the government said so”, eh?<\/p>\n

Seriously:\u00a0 anyone with common sense could have seen this coming.\u00a0 Insurers don’t exist as public services; they exist to make money – and they can’t do that at anything approaching a reasonable cost to consumers under the conditions mandated by ObamaCare.\u00a0 (Not being able to exclude preexisting conditions essentially guarantees that.)\u00a0 The result was predictable:\u00a0 many insurers opted to leave the marketplace, and those which remained raised prices through the roof.<\/p>\n

Result:\u00a0 few or no choices, and they’re all expensive as hell.\u00a0 Ain’t legalized monopoly grand?<\/p>\n

Oh, and since all this utter idiocy is subsidized by the US taxpayer . . . wanna guess who’s paying a sh!tload of the cost?\u00a0 Yeah, you’re right:\u00a0 US taxpayers.\u00a0 You and me.<\/p>\n

But never fear, fellow citizens!\u00a0 The current \u00a0 \u00a0 \u00a0 phalanx of fools fecklessly fornicating things up by-the-numbers in DC<\/del>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Administration still predicts an increase in ObamaCare enrollment of 9% this coming year!\u00a0 All is simply wonderful, right?<\/p>\n

Yeah, right.\u00a0 Just like I’m the Emperor of Japan.<\/p>\n

Oh, and remember that “Medicaid expansion” that was thrown in as a “sweetener” to drum up support for this \u00a0\u00a0 \u00a0 imbecilic squandering of Federal tax money<\/del>\u00a0\u00a0\u00a0\u00a0\u00a0 soup-sandwich of a Federal program?\u00a0 Well, it looks like that “sweetener” means Medicaid is going to cost the Federal government somewhere around $550+ billion annually 7 years from now – with states ponying up another $160<\/u> billion on top of that.<\/p>\n

Doesn’t exactly sound so sweet when the bills finally come due, eh?<\/p>\n

Here are a couple of graphics from the 2nd article linked above.\u00a0 They’re quite illustrative of the very predicable problems we’re seeing with Obama’s Abomination.\u00a0 They are linked here for your convenience.\u00a0 The first shows the premium increases by state for a “Silver” plan; the second, the drop-off in participation by insurers in the Federal exchange in various states.<\/p>\n

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HealthGrove | Graphiq<\/a><\/div>\n<\/div>\n