By now evert sentient individual knows that when Democrats are breathing, they're lying.
Remember alllllll the tons of back-and-forth about how great Obamacare was?
This is from 2021:
"The Federal Government's $146 Billion Obamacare Boo-Boo"
The Federal Government's $146 Billion Obamacare Boo-Boo -- The Motley Fool
"...the exchanges are on the brink of collapse. Major insurers are quitting, premiums are skyrocketing, enrollment is below expectations, and the administration is taking increasingly desperate measures to paper over the problems. By this time next year, the exchanges could be out of business."
Read more at: More Duct Tape Won’t Save Obamacare’s Collapsing Exchanges
"Health-care exchange sign-ups fall far short of forecasts"
Enrollment in the insurance exchanges for President Obama’s signature health-care law is at less than half the initial forecast, pushing several major insurance companies to stop offering health plans in certain markets because of significant financial losses."
Health-care exchange sign-ups fall far short of forecasts
"For 2016, the average deductible for singles for the lowest-cost bronze plan is $5,700, and for families, it is $12,000.
Obamacare is collapsing as health insurance companies continue to withdraw from the exchanges.
Congress will either convert Obamacare into a public plan—such as Medicare for all—or repeal it altogether."
An Insurance Giant Has Rung Obamacare's Death Knell | Diana Furchtgott-Roth
1. "American consumers figured out from the beginning that Obamacare wasn’t worth buying. Now insurance companies are wising up. Aetna is withdrawing from Obamacare exchanges in 11 states, following United Healthcare Group’s decision last April to leave 34 states.
2. In a well-functioning insurance market, such as for automobile accidents, insurance carriers craft countless plans to meet exactly the needs of millions of different individuals. Typically, only catastrophic unexpected events are covered, not the predictable oil changes. Automobile insurance is real insurance, and automobile owners as well as insurance companies eagerly participate.
Not so for Obamacare, which is not insurance at all. Under Obamacare annual physicals, which are predictable and routine, are covered without charge, but major surgery requires payment of a $6,000 to $12,000 deductible.
3. Aetna [stated], “This is a business decision based on higher-than-projected medical costs.... a second-quarter pretax loss of $200 million ..... we project will grow to in excess of $300 million by the end of the 2016.”
Insurance companies are making losses because fewer Americans are signing up for Obamacare than were predicted, and these Americans are sicker than average. Premiums rose in some markets by 20 percent in 2016, leading to more healthy people dropping out of plans or not enrolling, accelerating the financial imbalance. Premiums are expected to rise by a similar amount—or more—in 2017.
[Clearly, Obama is better suited to be President of Venezuela or Cuba than of America!]
4. The [failed] Obamacare model is not workable, .... It requires an expensive, comprehensive plan that obligates participants to purchase coverage for maternity care even if they have finished having children, pediatric dental care even if they are childless, mental health coverage even if they do not need it, and drug abuse coverage even if they have never taken any drugs.
5. People are not allowed to buy a simple plan that covers major illnesses such as heart disease, cancer, or falling off a bike in traffic. Furthermore, the deductibles—the amount that has to be spent before people can use the insurance—are so broad as to make coverage practically useless."
An Insurance Giant Has Rung Obamacare's Death Knell | Diana Furchtgott-Roth
Useless 'insurance,' passed wholly by the useless party.
Ready???
This is from a few days ago:
MONEYWATCH
By Aimee Picchi
Edited By Alain Sherter
Updated on: July 17, 2024 / 9:05 AM EDT / CBS News
www.cbsnews.com
Remember alllllll the tons of back-and-forth about how great Obamacare was?
This is from 2021:
"The Federal Government's $146 Billion Obamacare Boo-Boo"
The Federal Government's $146 Billion Obamacare Boo-Boo -- The Motley Fool
"...the exchanges are on the brink of collapse. Major insurers are quitting, premiums are skyrocketing, enrollment is below expectations, and the administration is taking increasingly desperate measures to paper over the problems. By this time next year, the exchanges could be out of business."
Read more at: More Duct Tape Won’t Save Obamacare’s Collapsing Exchanges
"Health-care exchange sign-ups fall far short of forecasts"
Enrollment in the insurance exchanges for President Obama’s signature health-care law is at less than half the initial forecast, pushing several major insurance companies to stop offering health plans in certain markets because of significant financial losses."
Health-care exchange sign-ups fall far short of forecasts
"For 2016, the average deductible for singles for the lowest-cost bronze plan is $5,700, and for families, it is $12,000.
Obamacare is collapsing as health insurance companies continue to withdraw from the exchanges.
Congress will either convert Obamacare into a public plan—such as Medicare for all—or repeal it altogether."
An Insurance Giant Has Rung Obamacare's Death Knell | Diana Furchtgott-Roth
1. "American consumers figured out from the beginning that Obamacare wasn’t worth buying. Now insurance companies are wising up. Aetna is withdrawing from Obamacare exchanges in 11 states, following United Healthcare Group’s decision last April to leave 34 states.
2. In a well-functioning insurance market, such as for automobile accidents, insurance carriers craft countless plans to meet exactly the needs of millions of different individuals. Typically, only catastrophic unexpected events are covered, not the predictable oil changes. Automobile insurance is real insurance, and automobile owners as well as insurance companies eagerly participate.
Not so for Obamacare, which is not insurance at all. Under Obamacare annual physicals, which are predictable and routine, are covered without charge, but major surgery requires payment of a $6,000 to $12,000 deductible.
3. Aetna [stated], “This is a business decision based on higher-than-projected medical costs.... a second-quarter pretax loss of $200 million ..... we project will grow to in excess of $300 million by the end of the 2016.”
Insurance companies are making losses because fewer Americans are signing up for Obamacare than were predicted, and these Americans are sicker than average. Premiums rose in some markets by 20 percent in 2016, leading to more healthy people dropping out of plans or not enrolling, accelerating the financial imbalance. Premiums are expected to rise by a similar amount—or more—in 2017.
[Clearly, Obama is better suited to be President of Venezuela or Cuba than of America!]
4. The [failed] Obamacare model is not workable, .... It requires an expensive, comprehensive plan that obligates participants to purchase coverage for maternity care even if they have finished having children, pediatric dental care even if they are childless, mental health coverage even if they do not need it, and drug abuse coverage even if they have never taken any drugs.
5. People are not allowed to buy a simple plan that covers major illnesses such as heart disease, cancer, or falling off a bike in traffic. Furthermore, the deductibles—the amount that has to be spent before people can use the insurance—are so broad as to make coverage practically useless."
An Insurance Giant Has Rung Obamacare's Death Knell | Diana Furchtgott-Roth
Useless 'insurance,' passed wholly by the useless party.
Ready???
This is from a few days ago:
MONEYWATCH
Americans spend more on health care than any other nation. Yet almost half can't afford care.
By Aimee Picchi
Edited By Alain Sherter
Updated on: July 17, 2024 / 9:05 AM EDT / CBS News
Americans spend more on health care than any other nation. Yet almost half can't afford care.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
www.cbsnews.com
