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Next president faces possible ObamaCare meltdown
Topic Started: Aug 13 2016, 07:09 AM (201 Views)
Berton
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Next president faces possible ObamaCare meltdown



The next president could be dealing with an ObamaCare insurer meltdown in his or her very first month.

The incoming administration will take office just as the latest ObamaCare enrollment tally comes in, delivering a potentially crucial verdict about the still-shaky healthcare marketplaces.

The fourth ObamaCare signup period begins about one week before Election Day, and it will end about one week before inauguration on Jan. 20. After mounting complaints from big insurers about losing money this year, the results could serve as a kind of judgment day for ObamaCare, experts say.

“The next open enrollment period is key,” said Larry Levitt, senior vice president of the Kaiser Family Foundation.

The Obama administration has struggled for several years to bring young, healthy people into the marketplaces, which is needed to offset the medical costs of older and sicker customers.

These problems are coming to light this year, as insurers get their first full look at ObamaCare customer data. Some, like UnitedHealth Group, say they’ve seen enough and are already vowing to leave the exchanges.  

Levitt and other experts warn that if the numbers don’t improve this year, more insurers could bolt. That would deal a major blow to marketplace competition while also driving up rates and keeping even more people out of the exchanges.

Already, many insurers this year are proposing substantial rate hikes with the hopes of making up for higher recent medical costs. The average premium increase next year is about 9 percent, according to an analysis of 17 cities by the Kaiser Family Foundation. But some hikes are far higher: Blue Cross Blue Shield has proposed increases of 40 percent in Alabama and 60 percent in Texas..........

LINK



Obamacare must be replaced and not with more government interference with my health care.

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Brewster
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And I might possibly win the lottery.

Or a huge asteroid might possibly wipe out the planet.

Or possibly aliens will arrive from the planet Sataurnia and solve all our problems for us.

Or possibly Obamacare will work better and better as Private Insurers learn to live with it.

What a useless article.
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Berton
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Really, it is from a generally left winging source and I notice you have not showing anything wrong with any of the data presented in it. How very typical of a racist progressive.

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Brewster
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And possibly Bertie will start to make sense - naahh, that's not possible.
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Neutral
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How can one think it will work better and better when it's done nothing but get worse and worse? LOL
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Berton
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Colo_Crawdad, please notice that one of your bestest buddies called Brewster has done nothing to address the subject matter but has done some insulting and name calling. Tell me what should I post back to him in response?

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Berton
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Berton
Aug 13 2016, 09:29 AM
Colo_Crawdad, please notice that one of your bestest buddies called Brewster has done nothing to address the subject matter but has done some insulting and name calling. Tell me what should I post back to him in response?

aaasbump for Colo_crawdad.

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tomdrobin
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Well if we can manage to get people in congress who have the american people's interest at heart, instead of being the puppets of big insurance and big pharma. Perhaps we can get single payer enacted.
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Berton
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Your best hope then is to get rid of the progressives who have been bought and paid for by BIG MONEY.
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Fulltimer
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Well since trump is rapidly imploding and may take a lot of house hopefully
S with him, Hillary may the Congressional backing to bring in single payer, which will save a ton of money.
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