True Pundit

Politics

Hillary’s Plot Against America

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Recent news and leaks make it clear that a plot is afoot. A smoking gun has been found. Republicans are committing political malpractice by not making it clear they are the last line of defense.

ObamaCare is imploding, as was widely predicted upon its passage by Republicans and a range of non-partisan experts. The ObamaCare meltdown is even worse than we thought. Bloomberg News recently:

A growing number of people in Obamacare are finding out their health insurance plans will disappear from the program next year, forcing them to find new coverage even as options shrink and prices rise.

At least 1.4 million people in 32 states will lose the Obamacare plan they have now, according to state officials contacted by Bloomberg. That’s largely caused by Aetna Inc., UnitedHealth Group Inc. and some state or regional insurers quitting the law’s markets for individual coverage.

Sign-ups for Obamacare coverage begin next month. Fallout from the quitting insurers has emerged as the latest threat to the law, which is also a major focal point in the U.S. presidential election. While it’s not clear what all the consequences of the departing insurers will be, interviews with regulators and insurance customers suggest that plans will be fewer and more expensive, and may not include the same doctors and hospitals.

It may also mean that instead of growing in 2017, Obamacarecould shrink. As of March 31, the law covered 11.1 million people; an Oct. 13 S&P Global Ratings report predicted that enrollment next year will range from an 8 percent decline to a 4 percent gain.

Far more people are being afflicted by premiums and deductibles that are soaring, regardless of whether they have coverage under Obamacare plans or private or employer based insurance.  Premiums are increasing by high double digits in many states (the national average premium increase will be 24.2% in 2017) and deductibles have grown so much that health care costs are devouring a recordeight percent of the typical household budget in the wake of ObamaCare. – READ MORE

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