Obamacare fiasco

A big Medicaid gap looms in Obama health care law

That a majority of the neediest people who could be helped by the law may instead remain uninsured is a predicament unforeseen by Obama and congressional Democrats who designed a sweeping extension of the social safety net. The law's historic promise of health insurance for nearly all U.S. residents would not be fulfilled as envisioned.

You don't mention this is due to the idiot Pub supremes saying this is optional and mindlessly obstructionist Pub states refusing fully funded coverage for their more poor citizens....(You're basically a liar)

I'm sure this move will be very popular LOL...Kiss your GOP azz goodbye in 2014...
 
So I heard the other day that many states will only have ONE insurance company in their exchanges.

Just how the hell is that going to help drive costs down or give consumers choice?


Well, evidently it was never meant to.

I really try to avoid sounding like a conspiracy theorist, but what the hell. This is getting more obvious by the day. When large national insurers, with all of their economies of scale, have to actually avoid offering their products you know the fix was in from the beginning. "We'll get Single Payer through the back door, by leaving the country no other choice. We'll hamstring the insurance companies so badly they'll have to exit. Then, Our Great & Glorious Leaders in Central Planning™ will step in."

I wish the Democrats had forced an honest, comprehensive national debate on Single Payer in 2009. Who knows, considering the horrific condition of our national health care systems (we have 5) they may have won that debate. But doing it this way, by squeezing out private insurers via legislation, is a dishonest way to get what they want.

Sure, honesty is not a priority in American politics any more, but still.

Yuck.

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ObamaCare premiums lower than expected - The Hill's Healthwatch
The monthly cost of health insurance under President Obama's healthcare law is consistently coming in lower than expected.

Premiums for a middle-of-the-road policy have come in below earlier estimates in all nine states that have released their initial rate information.

A new analysis from Avalere Health says the lower-than-expected prices show that the central piece of the healthcare law — new insurance exchanges in each state — is working as intended.

“The initial data suggest that competition in exchanges is working to lower premiums, which will benefit nonsubsidized enrollees and the federal government,” said Caroline Pearson, vice president at Avalere Health.

Avalere compared early filings for the specific plans the government will use to determine the level of tax credits available to help people cover the cost of their premiums.

In the nine states that have publicized their 2014 rates, every benchmark plan came in cheaper than estimated by the Congressional Budget Office.

What a fiasco!

And an example this week from a rural state: Montana.



Lindeen’s office said for an individual buying a policy on Montana’s marketplace, the average monthly cost of the submitted policies is $273 a month.

Without the Affordable Care Act, the same policies would have cost about $290 a month, the actuary estimated.

The “average” individual is a 40-year-old consumer. Policies for younger consumers would be less expensive and those for older consumers more expensive.

Policies purchased by small businesses on the marketplace, to cover their employees, will see an even better relative savings, compared with the market without the Affordable Care Act, the actuarial analysis said.

The average monthly cost for a small-business policy bought on the marketplace will be about $375 per employee per month, the analysis said. The price is higher than the individual policy because business policies tend to cover more costs, Lindeen’s office said.

Without the Affordable Care Act, those policies would have averaged $450 per employee per month, the analysis said.

And you think these are cheap, my husband pays $150 a month and he is 61.
 

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