October 24, 2016
Today, at www.healthcare.gov...
, the Obama administration released the 2017 health insurance premiums for those who purchase their own
coverage. Joe Biden was right when he was overheard excitingly whispering in Obama's ear that the freshly signed The Patient Protection & Affordable
Care Act (PPACA) was a "Big Phuckin Deal", back in March of 2010.
Biden, Obama, and all the inner-circle, knew at that time that the over-complicated PPACA could not sustain itself. As Donald Trump says, it is
collapsing under it's own weight. But, the PPACA is a means to an "end", which I describe in the Summary section of this post.
For 2017, the average nationwide premium increase for what has come to be known as "ObamaCare", is a whopping 25% over and above the current 2016
premiums. The financial responsibility that people with ObamaCare health insurance plans must bear, before the plan pays 100% of their annual medical
costs, increases from the current $6,850, to $7,100 PER YEAR, starting on January 1, 2017.
Real World Example:
Here in the Chicago area for 2017, we will no longer have AETNA, COVENTRY, UNITED HEALTHCARE, HARKEN Health, HUMANA, and the U.S. Government health
insurer, known as Land of Lincoln Health. (It went broke on October 1, 2016) All customers who have personal health policies from any of these
companies, are losing their coverage on December 31, 2016.
Only BLUE CROSS, AMBETTER (Celtic), and CIGNA individual health plans are available to the 9.7 million people in the Chicago metropolitan area for
For someone who is age 50, Non-Smoker, in the Chicago area for 2017.
Blue Cross - Silver PPO - $7,100 Out-of-Pocket Medical Liability. Premium = $696.00 PER MONTH. ($523.00 This Year. A 25% Increase!)
Obama Administration's "SPIN":
As you see in the above article, to ease concern amongst consumers (voters), the Obama Administration is pointing to the Subsidies (Tax Credits) as
off-setting the Premium Increases. But what they don't tell us is that a single person who earns more than $47,000 will NOT receive premium
assistance. The closer you get to $47,000, the smaller the amount of money the government (i.e. taxpayers) will pay the insurance company to lower
the amount of money you must pay every month for your premium. Once again, this "premium assistance" vanishes once you eclipse $47,000.
The claim that 77% of all ObamaCare customers pay less than $100.00 a month is classic Democratic SPIN. They say this because, of the 19 million
Americans enrolled in ObamaCare as of 2016, more than 8 million are on MEDICAID...which is FREE (crappy) government coverage. (Once again, Taxpayers
foot the bill.) Actually, of the 12 million who pay monthly premiums, only a small percentage pay under $100 a month out of their own pocket. The
Obama administration will not divulge this number, of course. It would demonstrate that they LIED to America...again.
In 2017, even those who have health insurance at work, will feel the negative effects of ObamaCare's higher premiums and higher Deductibles. Up to
this point, employer health plans have been pretty much insulated from the devastating effects of ObamaCare. But that barrier is now being breached
by all the pressure and turmoil hitting the individual plan market. Employers are less willing to shoulder the increasing costs, and will be passing
much of it along to employees.
In 2013, SENATOR Obama said that the U.S. needs SINGLE-PAYER health coverage. That is, the government will pay for every legal and illegal resident's
medical care. But, he said, America wouldn't accept such a program out-right. A "back door" method would need to be implemented. It's widely agreed
that what we know as ObamaCare, IS that back door method. When the current "death spiral" reaches a critical point, Americans will be ripe for this
major change to how their medical care is delivered.
The next President of the U.S. will determine if we begin the swift transition to Single-Payer, and the associated tax increases that will be
required. Or, whether we move to some type of "hybrid" system, where the government will take care of medical care for the sick, and the healthy will
purchase the insurance they need and can afford, like it was before 2010. In my opinion, the HYBRID system is what should have been implemented in
2010. PPACA-Obamacare's solution was to remove the WART by chopping off the entire hand. It's Overkill on steroids.
edit on 10/24/2016 by carewemust because: made hc.gov link clickable