caribny posted:Kari posted:.
The Obamacare Premium increases will come from largely those insurance companies on the Exchanges in Republican-controlled States
The premium increases have nothing to do with whether GOP states took Medicaid money or not. They reflect the fact that Obamacare doesn't address the issue of soaring healthcare costs and so premiums must be increased so that the insurance companies remain solvent.
In NYS the only health insurance companies left in the Exchange are crummy companies like Metroplus and other Medicaid mills which have very small networks. NYS was one of the most compliant states with Obamacare, so why have reputable companies like Empire, Oxford and Aetna left the exchange? They lost money that is why. Premiums received were less than claims paid.
The health insurance available on the exchange is substandard.
It's funny how you oppose what I say, then you agree with much of my position. Caribj is a fake and liar. And isn't it the position of Trump to open up the marketplace to cross-border competition? From what you wrote here, you are admitting this is one of the core issues.
The increases reflect the risks forced onto insurance companies where was not in their model. Some of the risks forced onto the Cos should be risk the Govt takes for people with conditions which are difficult to insure. Also, Obamacare encourages people to wait until a condition develops, then people go and get insurance.
Obamacare screwed up the heath insurance market by forcing onto the system a welfare-style component. Obama, in hos folly, allowed the system to be hijacked by socialists and excluded the voice of the insurance Cos and small business. He was transfixed on the welfare class and [true] some unfortunates, but the solution was wrong.
One of his poster examples turned out not qualifying and ended up remaining uninsured due to high costs, and she was an average struggling woman. These are the droves of people shut out and suffering worse.