The nightmare of a healthcare system and Obama’s many famous phrases of BS: “If you like your plan, you can keep your plan”, “If you like your doctor, you can keep your doctor”, and “…that means that no matter how we reform health care, we will keep this promise to the American people: If you like your doctor, you will be able to keep your doctor, period. If you like your health care plan, you’ll be able to keep your health care plan, period. No one will take it away, no matter what.”
Guess we were right about the BS, right? I guess he met, no one, but government and HIM!
That was the “signature healthcare legislation” that was going to make Barack Obama the best president since Franklin Roosevelt. Nancy Pelosi said, famously…
Well gosh, we’re finding out what’s in it.
Marilyn Tavenner used to be Barack Obama’s spokes-weasel and point person for ObamaCare. She left public service to become the CEO of America’s Health Insurance Plans, a group that works with health insurers.
In a recent interview discussing what 2017 is going to look like in terms of coverage and premiums for ObamaCare she had this to say. “I’ve been asked, what are the premiums going to look like? I don’t know, because it also varies by state, market even within markets. But I think the overall trend is going to be higher than we saw in previous years. That’s my big prediction.”
That means double digit increases are on the way to your household budget.
Feel like you been had yet?
The biggest wildcard coming up in 2017 is that the federal government is going to stop covering losses for insurance companies on their premiums. The ObamaCare legislation built in a three-year window where Pres. Obama and the Democratic Party pledged your tax money to make sure that insurers would not lose any money because they didn’t understand what the new market was going to look like. That three-year window closes on December 31, 2016.
Next year your insurance premiums are going to reflect the fact that billions of your tax dollars have been used to keep insurance companies in the ObamaCare marketplaces. Insurers are looking at their bottom line for next year and they’re already beginning to announce that they’re leaving the ObamaCare marketplaces. Their losses are just too big.
Guess how they’re going to make up those losses? That’s right, your premiums are going up. Way up.
Insurance companies are going to be submitting their rate requests for 2017 this summer. Right in the heart of the presidential campaign season.
It’s going to be a fun summer. Unless you’re a Democrat.