Monday, October 24, 2016

ObamaCare Failing.....

ObamaCare....A complete disaster.......
Obama said let the free market sort out the best way forward.........
Here is what the free market came up with.......Enjoy!
Obamacare premiums are set to skyrocket an average of 22% for the benchmark silver plan in 2017, according to a government report released Monday.
The price hike is the latest blow to Obamacare. Insurers are raising prices and downsizing their presence on the exchanges.
(You pay more....and you get less...Pretty awesome huh?)
Enrollment for 2017 will be closely watched since insurers want to see younger and healthier consumers enroll.
(Younger people don't use healthcare so they pay money and get nothing for it. Problem is unemployed 26 year olds living in their parents basement don't see the need to spend money (they don't have) on a product they do not need.)
In Arizona, the benchmark plan's average premium will increase 116% in 2017.
(Yay ObamaCare.....He calls it the "Affordable" Care Act......enjoy your 116% price increase.....Oh and Barack says you're welcome.)
The premium increases also mean that Obamacare is growing more expensive for the federal government since it has to provide larger subsidies.
(Throw it on top of the National Debt.....Not even a problem.)
The price hikes aren't Obamacare's only problem for next year. Insurers are also fleeing the exchanges.
Some 21% of consumers returning to the exchanges will only have one carrier to chose from
(Free market competition....Awesome. Enjoy all your choices.)
Five states -- Alaska, Alabama, Oklahoma, South Carolina and Wyoming -- will only have one insurer providing plans on the federal exchange in 2017
(Make sure you choose wisely)
Another issue for consumers is finding or keeping a doctor and hospital they like. To keep costs down, insurers have been narrowing their networks of providers, and this could anger enrollees.
(Obama said you can keep your doctor. Obama is a liar.)
So lets review...Costs more.....Less choice......Might lose your doctor.
Yup....Looks like Obama Care fixed everything. Just like he promised.

http://money.cnn.com/2016/10/24/news/economy/obamacare-premiums/index.html

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