- Sep 19, 2011
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"I will build a great wall -- and nobody builds walls better than me, believe me --and I'll build them very inexpensively. I will build a great, great wall on our southern border, and I will make Mexico pay for that wall. Mark my words."
30 of Donald Trump's wildest quotes
" I pledge we’ll lower premiums by up to $2,500 for a typical family per year….. We’ll do it by the end of my first term as President of the United States. If you like your health care plan, you can keep it. If you like the doctor you have, you can keep your doctor, too."
Updated - The Obameter: Cut the cost of a typical family's health insurance premium by up to $2,500 a year
Hmmm... let's see.
Trump still in office. Obama is out of office.
Health Premiums Have Climbed $4,865 Since Obama Promised to Cut Them $2,500
And Obama wasn't talking about government subsidized insurance or expanding Medicaid or anything like that. He specifically focused on employer provided health care. For "people who already have insurance, and the employers who are providing it," he said at one campaign event, "we will work to lower your premiums by up to $2,500 per family."
http://www.investors.com/politics/c...ly-climbed-despite-obama-promise-to-cut-them/
So between the two of them who is the BIGGEST LIAR?
Remember... Obama's PLEDGE was to lower employer's health insurance premiums paid by an employee!
So how has Obama's LIE affected Americans?
Well not only has the premiums GONE up...(remember he pledged they'd drop $2,500) $4,865 but
guess what will happen if Obamacare isn't repealed:
So how about non-employer health care premiums?
Obamacare continues to be a slow-motion train wreck. An analysis by Charles Gaba (an ACA supporter) shows that average premium increases in the non-group market will average 24% for 2017.
Last month's decision by AetnaAET +0.23% (the nation's third largest insurer) to dump 80% of its Obamacare subscribers for 2017 came on the heels of the decision by UnitedHealth (the nation's largest health insurer) to likewise cut back enormously on its participation in the Obamacare exchanges (3 states in 2017 vs. 34 states this year). Yet another of the nation's "big 5" health insurers, HumanaHUM +0.01%, will offer coverage in just 156 counties in 2017, 88 percent fewer than this year.
Health Insurance Premiums Have Continued To Rise Faster Than Worker Wages Under Obamacare
And this was written last year!
Average premium in the non-group market increase this year by 24% with fewer insurance companies participating meaning less competition meaning HIGHER prices!
See what most ignorant Obamacare supporters and Obama weren't aware of was those EVIL profits
insurance companies make? They provide the reserves that pay future claims.
And with more people participating that WILL USE their health insurance, the smaller the profits,
the less available for reserves for future claims... well this is the biggest reason for this outcome:
There's no question many insurers are losing big money on Obamacare. Costs exceeded income by 5% in 2014, and that figure doubled the following year, according to McKinsey's Center for U.S. Health System Reform. Losses are expected to grow this year.
Only 30% of insurers ran profitable individual divisions in 2014. That share slipped to about a quarter last year, according to McKinsey.
Insurers that have fared better on the exchanges typically offer more restrictive policies. They have more limited networks of doctors and hospitals and manage their enrollees' health care usage more tightly.
Will Obamacare survive as insurers pull out?
So in my estimation...
Obama takes the title of "Liar who has had the biggest negative affect on Americans"!
30 of Donald Trump's wildest quotes
" I pledge we’ll lower premiums by up to $2,500 for a typical family per year….. We’ll do it by the end of my first term as President of the United States. If you like your health care plan, you can keep it. If you like the doctor you have, you can keep your doctor, too."
Updated - The Obameter: Cut the cost of a typical family's health insurance premium by up to $2,500 a year
Hmmm... let's see.
Trump still in office. Obama is out of office.
Health Premiums Have Climbed $4,865 Since Obama Promised to Cut Them $2,500
And Obama wasn't talking about government subsidized insurance or expanding Medicaid or anything like that. He specifically focused on employer provided health care. For "people who already have insurance, and the employers who are providing it," he said at one campaign event, "we will work to lower your premiums by up to $2,500 per family."
http://www.investors.com/politics/c...ly-climbed-despite-obama-promise-to-cut-them/
So between the two of them who is the BIGGEST LIAR?
Remember... Obama's PLEDGE was to lower employer's health insurance premiums paid by an employee!
So how has Obama's LIE affected Americans?
Well not only has the premiums GONE up...(remember he pledged they'd drop $2,500) $4,865 but
guess what will happen if Obamacare isn't repealed:
- Cadillac tax. The survey provides an updated look at employers’ response to the Affordable Care Act’s excise tax on high-cost health plans, sometimes called the “Cadillac tax,” which is now scheduled to take effect in 2020. Nearly two thirds (64%) of large employers offering health benefits say that they conducted an analysis to determine if any of their plans would exceed the Cadillac tax thresholds, and a quarter (27%) of this group say their largest plan would do so.
So how about non-employer health care premiums?
Obamacare continues to be a slow-motion train wreck. An analysis by Charles Gaba (an ACA supporter) shows that average premium increases in the non-group market will average 24% for 2017.
Last month's decision by AetnaAET +0.23% (the nation's third largest insurer) to dump 80% of its Obamacare subscribers for 2017 came on the heels of the decision by UnitedHealth (the nation's largest health insurer) to likewise cut back enormously on its participation in the Obamacare exchanges (3 states in 2017 vs. 34 states this year). Yet another of the nation's "big 5" health insurers, HumanaHUM +0.01%, will offer coverage in just 156 counties in 2017, 88 percent fewer than this year.
Health Insurance Premiums Have Continued To Rise Faster Than Worker Wages Under Obamacare
And this was written last year!
Average premium in the non-group market increase this year by 24% with fewer insurance companies participating meaning less competition meaning HIGHER prices!
See what most ignorant Obamacare supporters and Obama weren't aware of was those EVIL profits
insurance companies make? They provide the reserves that pay future claims.
And with more people participating that WILL USE their health insurance, the smaller the profits,
the less available for reserves for future claims... well this is the biggest reason for this outcome:
There's no question many insurers are losing big money on Obamacare. Costs exceeded income by 5% in 2014, and that figure doubled the following year, according to McKinsey's Center for U.S. Health System Reform. Losses are expected to grow this year.
Only 30% of insurers ran profitable individual divisions in 2014. That share slipped to about a quarter last year, according to McKinsey.
Insurers that have fared better on the exchanges typically offer more restrictive policies. They have more limited networks of doctors and hospitals and manage their enrollees' health care usage more tightly.
Will Obamacare survive as insurers pull out?
So in my estimation...
Obama takes the title of "Liar who has had the biggest negative affect on Americans"!