×

Warning

JUser: :_load: Unable to load user with ID: 9592

Friday, 28 October 2016 10:39
Obamacare premium hikes perfect storm for elections; but no perfect solutions
Written by 
Rate this item
(0 votes)

freedom 3Bad news for President Barack Obama, democrats, Hillary Clinton hit this week and at the wrong moment, two weeks prior to election day.

The Affordable Care Act, Obamacare premiums were going to skyrocket by roughly 25% this year.  Not the type of news any candidate or administration would want as the autumn days turn colder and the focus upon presidential and Congressional elections grow longer.

What does the news mean?  How did the terrible premium hikes, that will impact many, take place?  Was this foreseeable?  What are the solutions?  What does repeal and replace Obamacare mean and is it really possible?

Many in Congress have been promising repealing Obamacare on the first day after a possible Donald Trump presidential victory and republican congressional win.  Ok.  But, can it really be done?  If so, what are the risks?

What are the healthcare policies of Trump and Hillary Clinton?  Are they workable?

These were the questions I had in mind when engaged in a Facebook interview with Jason Pye, Communications Director of the conservative Freedom Works organization.  Freedom Works advocates for issues and certain candidates. It does not formally support any presidential candidate. 

Towards the end of the video conversation, we discussed one of the issues that have been bothering me now for a couple of years that has not been addressed nor discussed.  It is my position that the Congress and the President cannot simply and suddenly repeal Obamacare and replace it immediately after it is repealed.  That would be an almost impossible task.  I have written that repealing the law could terminate many of the insurance policies that are in place and those calling for the immediate “repeal and replacing of Obamacare” are engaging in political nonsense.  It cannot be done immediately and suddenly.  My other major concern is the issue of pre-existing conditions coverage and whether there is any mechanism to ensure this type of coverage with a purely private sector approach since so many insurers have fought against providing pre-existing conditions coverage in the past.

Below are some of the highpoints in my interview with Pye: 

FreedomWorks considers itself as the "activists arm of the freedom movement".  It trains, educates and mobilizes a grassroots army of about 5.7 million activists on issues related to limit government, free markets, and personal freedom.

It supports Rep. Mike Johnson and John Fleming for congress and for US Senate, respectively. 

There are some house conservatives who are calling for a delay in the House Speaker will be.  The Freedom Works organization favors a go-slow approach, to " see where the republican party is going to be and that's what the grassroots activists across the country conservative grassroots activist want is a republican party that's going to reflect their values and views”.

 The Affordable Care Act is not very affordable announcing on average twenty-five percent premium increases across the country in some states is definitely higher and in some states, a little bit lower, but overall “we're seeing 25-percent premium increases for Obamacare “ this is “exactly what conservatives and libertarians warned about when this bill was being crafted and debated in Congress as well as before the exchanges opened up”.

We now have the original Obamacare cooperatives which were supposedly the "liberal answer" to not having a public option.  They've lost billions of dollars of taxpayer money.  We've seen three major health insurers including Aetna and United Healthcare scale down.  They're involved in Obamacare and withdrew from all but two states.

The reason is because there's a higher utilization of healthcare than they expected given the makeup of the population.  The Obamacare risk pools in certain states are older and sicker, older and sicker than expected.  Not enough young people are signing up.

One insurance company lost something up around seven hundred million dollars so those are unsustainable losses and you can't keep having those kinds of losses because if you do keep having this kind of losses you have to raise up insurance premiums even higher.

Young people, Millennials, are not signing up.  The young “Invincibles” as they've been called.   They “don’t believe they need insurance necessarily because they're young and “invincible” at least their minds they are.  They are not signing up for it.”  It is  a perfect storm for Obamacare and it's happening right before an election happens.

 Arizona is going to see health insurance premium increases by a more than a hundred percent.  Georgia will seal difference premium increases by about fifteen percent.

Some of these states that bypassed Medicaid expansion early on are seriously considering doing this again.  “Medicaid is not the best program in the world it may provide access to care but it doesn't necessarily provide quality of care and the reason it isn't quality of care is because that there are a lot of doctors who do not participate Medicaid because the payouts are too small”

 Trump's position on healthcare that he's rolled out initially was positive.  It echoes a lot of things we believe such as portability and buying health insurance through state lines things like that but you know we need a comprehensive alternative and you really this right at this moment right now is a key time that you can be going out talking about it when the exchanges I think just next week we'll be opening up for business of just before the election he really hammers home”.

These premium increases will be hitting Americans where it hurts and their wallets actually a time where economic growth is still relatively low anemic one-point-four percent.

“One thing I've seen a lot of talk about in the last several weeks is the talk about the public option that which is a single-payer healthcare program that some Senate Democrats including Senator Bernie Sanders would like to pursue now.  

 

Login to post comments
Powered By JFBConnect
  • Cat Fights on the Hot Cement Confederate New Orleans statues
  • Ex-Saints, Bears, Bills, NFL Exec, Jim W. Miller discusses NFL Draft tomorrow
  • Trump's new plan; Curtains on tax returns release; 40% say Trump-Russia; Probing Obama admin
  • Watch Louisiana Governor Edwards talk about CAT Tax failure

catRarely, have I seen few issues that have generated as much raw heat, tension, and passion than the Confederate monuments controversy. 

Just as existed during the real civil war, where brothers battled brothers, social media is the battleground, particularly Facebook, pitting friend against friend.

On one side of the tense divide, there are those who are protecting the New Orleans civil war era monuments.  Burnt in effigy, forever, is the symbol of Mayor Mitch Landrieu for up-ending what the monument protectors consider to be the loving civil society of New Orleans.

Lately, events have turned somewhat militaristic.

Some protectors of the Confederate monuments have been staying vigilant, in person and online, even surveilling during the wee hours of the morning, waiting for the next Mayor Landrieu attack. On Sunday morning, with protections of snipers, masked workers and a dumbstruck audience, the worst of all of the monuments was cut and carried., the Liberty Monument. 

Read More

miller nfl live2 5It’s D-Day or Draft Day tomorrow in the NFL.

More specifically, Thursday represents the first day of the NFL draft 2017.

Read More

 

trump curtainsThe major President Trump news of the day focuses upon taxes, not only the tax cuts he is proposing but his own taxes, which he obviously, refuses to unveil.

 

Read More

edwards play money 1

At a press conference today, Louisiana Governor John Bel Edwards said the CAT Tax did not pass the House Ways and Means Committee.  The Governor, in addressing the media said that "the fate of that bill was decided long before we unveiled it".

Read More

BB Menu

latter-blum2

Sen. Appel talks budget, economy

TRUMP TALK

Dead Pelican

Optimized-DeadPelican2 1 1