Taking the ‘affordable’ out of ObamaCare

Affordable Care Act? Only if someone else is paying the premiums.

According to an AP news account, middle-class Americans who get no subsidies under ObamaCare are going to get hammered again in 2018 with double-digit health insurance premium increases.

The report quotes one woman from Delaware whose monthly premiums are expected to increase from $740 to $1,000, and that’s for insurance with a $6,000 deductible.

 

The average 2018 premium hike is 25 percent for a midlevel plan on HealthCare.gov.

In Nevada, Health Plan of Nevada has proposed a 27.24 percent average rate increase for 2018, ranging from 19 percent to 36 percent, depending on the plan. Anthem had proposed increasing rates by 62 percent before it dropped out of coverage in the state altogether.

Silver Summit is to fill the void left by Anthem, but since the company was not previously in Nevada there is rate increase information.

In 2017 the average premium in the Nevada health insurance exchange was $379 a month, but 83 percent of those are getting subsidies that reduce their out-of-pocket premiums to $142 a month. But someone is paying the $237 difference every month and will pickup some portion of the 2018 premium increase.

We wonder who that will be?

 

 

14 comments on “Taking the ‘affordable’ out of ObamaCare

  1. Bruce Feher says:

    Anyone who thought this was going to work is an idiot! I wonder if there’s a way to get their contact info as I have some ocean front property in Nevada I’d like to see them!

  2. deleted says:

    So private companies are screwing the American public again? “I’m shocked, shocked I tell you”

    How much did Aetna “earn” last year?

    Never mind, it was more than the purported cost of the EMP hardening that we discussed yesterday (net “earnings” last year of 2.3 billion)

    Yeah, they do good “work” there.

    https://news.aetna.com/news-releases/aetna-reports-fourth-quarter-and-full-year-2016-results/

  3. Vernon Clayson says:

    Thank Arizona’s petty John McCain for his thumbs down gesture, he didn’t give a crap about the expense for citizens involved, it was pure spite against President Trump.

  4. Rincon says:

    Amazing how we complain about increasing and outrageous costs, but never ask in whose pockets all of these hundreds of billions of dollars wind up . If costs are way up, then it shouldn’t be too hard to find out where the extra money went. Time Magazine already did, in a 34 page article that I pointed out years ago,but you guys didn’t believe it. Hint: When a drug goes from two dollars a dose to $120, health costs go up. When some new chemotherapeutic agent comes on the market at several hundred thousand dollars a year (for often marginal benefit), health costs go up. If there is no mechanism to stop health care providers from mercilessly jacking up costs, they will do just that. But Obamacare is a much more appealing target, isn’t it?

    You guys are so demanding about evidence for global warming, but with Obamacare, you’re just chock full of unproven assumptions. Get real!

  5. deleted says:

    Hit the nail on the head Rincon.

    If the makers of Epipen steal, just outright steal, by lying about their product, and thereby increase the money that goes directly into their pockets, all the while raising the cost of healthcare, not a peep.

    But let those cost increase come and find a taxpayer supported program intended to keep people healthy, and somehow the fault lies with the gov’ment.

    Crazy world. It does explain how though poor people can be so manipulated to effectively support the rich; they just keep seeing this propaganda and are led to the wrong conclusions.

  6. WSJ editorial explains why Trump admin is tying grants to those who help people sign up for ObamaCare, so-called navigators, to actual performance:
    “Last year the Obama Administration handed out $62.5 million in grants for open enrollment for 2017, and the period arrives again in November.
    “The Trump Administration will tie grants to performance, and this is a classic government jobs program. One grantee took in $200,000 to enroll a grand total of one person. The top 10 most expensive navigators collected $2.77 million to sign up 314 people …”
    That is almost $9,000 per enrollee.

  7. When the government dictates that all sick people must be given insurance at a fixed price, the costs skyrocket.

  8. deleted says:

    When for profit businesses are involved in any endeavor, they will lie, cheat, and steal.

    Because, that is precisely what the “capitalist” system requires them to do.

    Which is why, healthcare, as every major country other than this one, in the world understands, needs to be operated in a non-profit way.

  9. There certainly was no lying, cheating or stealing at those VA hospitals.

  10. Deleted says:

    They wouldn’t have lied if the republicans have funded them like they should have.

    It was all part of their plan though; deprive the government of funding, then when there are problems because if the lack of funds, blame the government.

    I don’t know how this keeps working for the right but it does.

  11. Steve says:

    Next up, universal “basic” “income”

    you just can’t make this shit up! And Tricky Dick was all for it!

  12. Rincon says:

    The people served by single payer health care systems almost always live longer than we do, and we pay nearly 1 1/2 times as much for our health care, but you guys say that it’s THEIR systems that aren’t working. Don’t you feel just a little bit silly for believing the Conservative mantra on this one?

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