Little-Acorn
Gold Member
Of course, the leftists will greet you with a big smile and assure you that many people will get subsidies, so the amounts they pay are actually much less.
What they don't tell you is, for every person who gets these subsidies, there's another person who not only pays the full (and sharply increased) prices... but he also has to pay for part of yours on top of it!
Count on the media not to mention this, if they mention the increasing prices at all. They don't dare mention anything that makes their fellow liberals look bad. And that's a LOT of things these days.
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Obama administration confirms double-digit premium hikes
Obama administration confirms double-digit premium hikes
October 25, 2016
The Obama administration is confirming that premiums will go up sharply next year for health insurance sold to millions of consumers through HealthCare.gov.
WASHINGTON (AP) -- Premiums will go up sharply next year under President Barack Obama's health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That's sure to stoke another "Obamacare" controversy days before a presidential election.
Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of 25 percent across the 39 states served by the federally run online market, according to a report from the Department of Health and Human Services. Some states will see much bigger jumps, others less.
Moreover, about 1 in 5 consumers will only have plans from a single insurer to pick from, after major national carriers such as UnitedHealth Group, Humana and Aetna scaled back their roles.
"Consumers will be faced this year with not only big premium increases but also with a declining number of insurers participating, and that will lead to a tumultuous open enrollment period," said Larry Levitt, who tracks the health care law for the nonpartisan Kaiser Family Foundation.