obama lol!
 

The Obama administration, when asked about 2017 Obamacare insurance premiums that are on track to be significantly higher than in past years, has repeatedly said that consumers can shop around between plans for better prices. But in areas where this is no or little competition, price shopping will be less of an option.

And more than half of the country, 55 percent, may end up having two or fewer insurers to choose from on those government-run exchanges, Avalere said.

The findings reflect the effect of announcements this summer that three major insurers ? Aetna (AET), UnitedHealth (UNH), and Humana (HUM) ? will sharply reduce the number of areas where they will sell individual health plans in 2017 due to financial losses on those plans, as well as the failures of most Obamacare co-op insurance plans.

Pinal County, Arizona, is one place that is, as of now, not expected to have an Obamacare insurer to choose from on the federal HealthCare.gov exchange next year. The county near Phoenix, which has 400,000 residents, has seen two insurers, United Health and Blue Cross Blue Shield of Arizona decided to exit the area

One-third of US won't have choice between Obamacare plans in 2017

Avalere President Dan Mendelson said that the decrease in competition in Obamacare plans is the result of lower-than-expected enrollment, consumers who are costing insurers a lot in health-care benefits, and "troubled" programs that were intended to reduce the risk insurers face by selling coverage on the exchanges.

thanks, obummer

Did it ever occur to you that this was the plan all along?

For reason of the insurance companies collective failure to provide competitive healthcare that a government administrated Universal Heath Coverage becomes the law ... Like is done in most of the world ...

What makes you think that failure will lead to "Universal Heath Coverage"? Obamacare scheme barely passed, getting "Universal Heath Coverage" to pass certainly won't be any easier... in fact it will be much harder, as there will be huge additional problem: how will we pay for it? the only way will be a substantial increase in taxes, which will be a very hard sell... also, health insurance companies will do whatever it takes to kill that idea, as it will put them out of business...

so "Universal Heath Coverage" is a pipe dream... :2 cents:

They will make a special tax for woj 70% of every penny you make! Now go cry in the corner.

I strongly suggest not doing that.

The plan was to transfer billions of public dollars to private insurance companies and make more Americans dependent on government welfare... oops I mean subsidized Health Insurance. Sign us up for more of that! Go DNC and GOP... :error:winkwink:

So, Obama sent you a memorandum of his intent?

Aetna, Obamacare and health insurersâ?? 10 dirty secrets - MarketWatch

Some things are inevitable. You can get sucked in screaming and kicking but they will happen. Short selling healthcare related stocks or ETFs ... would be a good idea.

It can be called the right wing tears tax.. It will rake in trillions..

Obamacare will go belly-up. If Clinton becomes president she can clean up her own mess
because Obamacare was originally Clintoncare:

Clinton: ObamaCare was originally 'HillaryCare' | TheHill

Most insurers increasingly lose increasingly more money. When losses rise but demand increases (at current prizes), these are the options:
- the seller raises prices;
- the seller ends access;
- the seller goes bankrupt.

What a fucking mess...

yea, lets make funny remarks, while ignoring the reality of the situation, that whole concept of Universal Health Care:
- is far less popular than you think, especially among the younger voters
- would result in significant tax increases, which lets face it, no one wants
- will be nearly impossible to pull off, as health insurance companies are in the pockets of politicians on both Dem and Rep sides...

but keep on dreaming... :2 cents:

The current situation also puts them out of business... They lose money and some insurers allready start to retreat:

"Aetna (AET) is pulling out of 11 of the 15 states where it offers Obamacare policies after losing $430 million, the company announced Monday. Its move follows downsizings by UnitedHealthcare (UNH), which will operate in only three states in 2017, and Humana (HUM), which is withdrawing from nearly 1,200 counties in eight states."

Orly?


Majority in U.S. Support Idea of Fed-Funded Healthcare System

they are just pulling out from an unprofitable venture, that's far from getting put out of business... as they pull out, it will put pressure on prices to rise even more, as prices rise, more and more people will cancel health insurance as it will become unaffordable / cheaper to just pay the tax penalty, which will force more insurance companies to pull out, and so on...

long story short, days of obamacare are numbered... :2 cents:

"Separate question shows that just over half would favor repealing the ACA" :error

so pulling out is different from getting put out? I don't see the difference... the outcome is the same for sure...

:2 cents:

That would speed up the Government's unevitable Default tremendously...

Let's get it over with... this financial system is fucked up... better end it fast... desperate times call for desperate measures.

I have always thought that Obamacare was step one to a single payer system like they have in Canada and pretty much everywhere else. The major problem with Obamacare is that it does nothing to actually curb the cost of the healthcare. Add in that many young people aren't signing up for it and many of those who didn't have insurance before are people who have pre-existing conditions so they now use the insurance heavily and it suddenly isn't as profitable as the insurance companies thought it might be.

The losses by insurance companies and the continuing increase in costs will be passed on to those who are able to pay, shouldering them with the burden. That amount will continue to grow until they can no longer handle it either. At some point there will be a breaking point and I think that will usher in a single payer system. Although I think we are still a ways away from that. I think it will come slowly over the next 10-20 years.

I am expecting Clinton to be elected and Universal Healthcare to be phased into Medicare for people 50 to 64 first. You can expect to pay 6% to 9% of your net income (not AGI) maybe. The cost will be capped at $3K? per person insured by each taxpayer? IDK really.

The remaining pool of people 1 month to 49 will be a lowered cost pool for healthcare coverage.

Taxes will increase to cover the expense but you will not pay a private insurer for basic health coverage. Private insurers will be selling ''upgrade'' policies above the mandated Healthcare levels.

Employer benefits costs will shift to these new policies and (hopefully) the savings to employers will be passes on to employees wages to pay the taxes that the mandated Universal Healthcare will cost.

Healthcare is a $3 Trillion (17.5%) part of the US economy. Something has to give -- the writing is on the wall.

Life will go on. Maybe, literally too ...