“This Is Absolutely Crazy”: Obamacare Signups Start As Americans Increasingly Balk At Surging Premiums

“This Is Absolutely Crazy”: Obamacare Signups Start As Americans Increasingly Balk At Surging Premiums:

“This is crazy. This is absolutely crazy.  Four years ago, annual premiums for a mid-level “silver” plan to cover his family totaled $10,072.44. For 2017, they were $21,392.40—up 112 percent.

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Here’s How Much Your Obamacare Rates Are Going Up In 2018 (Hint: It’s A Lot And It’s All Trump’s Fault)

Here’s How Much Your Obamacare Rates Are Going Up In 2018 (Hint: It’s A Lot And It’s All Trump’s Fault):

A new study conducted by Avalere and released earlier today found that Obamacare rates will surge an average of 34% across the country in 2018.  Of course, this is in addition to the 113% average premium increase from 2013 and 2017, which brings the total 5-year increase to a staggering 185%.

Meanwhile, and to our complete shock no less, Avalere would like for you to know that the rate increases are almost entirely due to the Trump administration’s “failure to pay for cost-sharing reductions”…which is a completely reasonable guess if you’re willing to ignore the fact that 2018 premium increases are roughly in-line with the 29% constantly annualized growth rates experienced over the past 4 years before Trump ever moved into the White House…but that’s just math so who cares?

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Socialized medicine FAIL: UK losing 400 doctors PER MONTH as system collapses amid chronic funding shortages

FYI.

Socialized medicine FAIL: UK losing 400 doctors PER MONTH as system collapses amid chronic funding shortages:

Most Left-wing American political figures, entertainers and academics speak highly of the United Kingdom’s socialized medicine system, saying that the U.S. ought to emulate it. But they don’t live there so they don’t really know just how bad it is, and how close it is getting to collapse.

In fact, the National Health Service is so chronically under-funded — socialized medical systems require massive infusions of tax money — that scores of senior physicians may begin refusing to take on new patients unless the government commits more financial resources, the UK’s Daily Mail is reporting.

The fact is, they really have few other choices.

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“The Democrats ObamaCare Is Imploding” Trump Tweets Hours After Cutting Off “Broken Mess” Obamacare Subsidies

FYI.

“The Democrats ObamaCare Is Imploding” Trump Tweets Hours After Cutting Off “Broken Mess” Obamacare Subsidies:

Update: President Trump has continued to hammer Obamacare…

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As we detailed earlier, it was an early morning for a seemingly excited, insomniac Donald Trump, who shortly before 6am tweeted on the topic of the night, namely the late Thursday elimination of subsidies to health insurers, which took place just hours after the president signed an executive order to designed to draw people away from Obamacare coverage markets.

“The Democrats ObamaCare is imploding. Massive subsidy payments to their pet insurance companies has stopped. Dems should call me to fix!”

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Trump Signs Executive Order To Begin Unwinding Obamacare

Trump Signs Executive Order To Begin Unwinding Obamacare:

Having failed to repeal (or replace) Obamacare in the Congress on three separate occasions, on Thursday morning Trump took matters into his own hands, when as previewed last night, the President signed an executive order to begin the process of unwinding Obamacare, paving the way for sweeping changes to health-insurance regulations that would allow an expansion of less-comprehensive health plans.

“We’ve been hearing about the disaster of Obamacare for so long,” Trump said in signing the order at a White House ceremony. “For a long time, I’ve been hearing repeal, replace, repeal, replace.”

He then said that the order is “starting that process” to repeal ObamaCare. It will be the “first steps to providing millions of Americans with ObamaCare relief.”

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The Cabal Just Hit A Brick Wall, Here’s What Happened (Video)

The cabal is still in total control.

*****

H/t reader squodgy:

“Obamacare thrown to the wolves as competition allowed in.

Strange how those in Congress didn’t sign up to what they advocated for the masses.

Crass hypocrisy”

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Even The Cheapest Obamacare Plans Are “Unaffordable” In 94% Of American Cities, New Study Finds

Even The Cheapest Obamacare Plans Are “Unaffordable” In 94% Of American Cities, New Study Finds:

We’ve frequently warned that Obamacare is locked in an inescapable death spiral that will result in its inevitable failure.  The problem is that the folks who make too much to qualify for subsidies (currently defined as roughly $80,000 for a family of 3) are increasingly being priced out of the market for individual insurance by Obamacare’s 30%+ price hikes that consistently come year after year.  Meanwhile, those “rich” families making $80,000 a year are the ones expected to overpay for their health insurance so that a portion of their premiums can be “spread around a little bit” (as Obama likes to say) to subsidize the premiums of others.  Of course, it’s easy to see the circularity here as higher premiums equals less “full-paying” customers and less subsidies equals higher premiums…until the whole system collapses.  

Luckily you no longer have to take our word for it as eHealth.com has just published a new study that finds that, even by Obamacare’s own definition of “affordability”, residents in 47 out of 50 cities surveyed can’t afford the cheapest Obamacare plan.

*****

Mission accomplished!

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2018 Obamacare Premiums Surge 45% In Key Swing State Of Florida

2018 Obamacare Premiums Surge 45% In Key Swing State Of Florida:

As Congress continues to debate whether or not Obamacare is “working,” folks in the key swing state of Florida just found out that their insurance premiums for 2018 are going to surge by 45% in a single year.

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California SUED for ‘violating Latino rights by failing to provide sufficient healthcare’

California SUED for ‘violating Latino rights by failing to provide sufficient healthcare’:

California has been sued for failing to provide sufficient healthcare for 7.2 million Latinos.

A lawsuit, filed on Wednesday, accuses the states of creating an ‘unequal system of healthcare’ that favors white people and discriminates against lower-income residents – the majority of whom are Hispanic.

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John McCain Kills Obamacare Repeal With Single Decisive Vote

John McCain Kills Obamacare Repeal With Single Decisive Vote:

In the end it was not meant to be: Senate Republicans failed, by a single vote, to pass a month-long effort to pass Republican healthcare legislation culminating with a vote on a “skinny” bill to repeal Obamacare thanks to a single decisive vote by Donald Trump’s nemesis, John McCain.

In a devastating blow to President Trump and his healthcare agenda, Senate Republicans voted 49 to 51 to pass a slimmed down bill put forward as a last gasp effort to overhaul the US healthcare system, leaving the fate of Obamacare in the hands of Democrats and the general public.

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Senate Chaos Returns: Six Hours After Major GOP Victory, “Repeal And Replace” Is Voted Down

Senate Chaos Returns: Six Hours After Major GOP Victory, “Repeal And Replace” Is Voted Down:

Just six hours after a major victory for Senate Republicans who received enough votes to proceed on the healthcare legislation motion debate, the plan to “repeal and replace” Obamacare failed to get enough votes for approval.

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Boehner Bashes GOP – Will Never Repeal & Replace Obamacare, “It’s Been Around Too Long”

Boehner Bashes GOP – Will Never Repeal & Replace Obamacare, “It’s Been Around Too Long”:

“…they’re never… going to repeal and replace Obamacare…It’s been around too long. And the American people have gotten accustomed to it… and quit tweeting… Never get into a pissing match with a skunk. He does it every day.

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Pulitzer Prize Winning Editorial Writer At The Wall Street Journal, Found Dead at 34

Joseph Rago, Wall Street Journal Editorial Writer, Dies at 34:

Joseph Rago, a Pulitzer Prize winning editorial writer at The Wall Street Journal who was known for his richly reported pieces and influence on policy makers, was found dead Thursday evening at his home in Manhattan. He was 34 years old.

The New York Police Department found Mr. Rago dead in his apartment at 7:40 p.m., according to a police official. The authorities went to check on Mr. Rago after he didn’t show up for work on Thursday. Paul Gigot, the editor of the Journal’s editorial page, had alerted the paper’s security officials, who then contacted the police.

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Senate Republicans Reveal New “Obamacare-Lite” Healthcare Bill

Full text down below.

Senate Republicans Reveal New “Obamacare-Lite” Healthcare Bill:

In what could very well end up being just another exercise in futility, Senate Majority Leader Mitch McConnell has just released a new version of a healthcare plan which, among other things, incorporates demands from Senator Ted Cruz (R-TX) and Senator Mike Lee (R-UT) to allow insurers to sell low-cost, skimpier plans all in an effort to draw conservative support for the new bill.

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New Healthcare Bill Will Include Cruz-Lee Amendment And $45 Billion To Fight Opioid Epidemic

New Healthcare Bill Will Include Cruz-Lee Amendment And $45 Billion To Fight Opioid Epidemic:

While no one has seen the Senate’s revised healthcare bill as of yet, early indications suggest that it will include a version of a controversial amendment from Senators Ted Cruz (R-TX) and Mike Lee (R-UT) that has become a sticking point in the negotiations.  Among other things, the amendment would allow insurers to sell plans that do not meet ObamaCare regulations if they also sell a plan that does meet those rules.

Called the “Consumer Freedom Amendment,” we highlighted the main points of the Cruz/Lee proposal last month:

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Obamacare Death Spiral: At Least 2 Million Adults Ditch Coverage In 2017 Amid Soaring Premiums

Obamacare Death Spiral: At Least 2 Million Adults Ditch Coverage In 2017 Amid Soaring Premiums:

As Democrats continue to defend an obviously failed Obamacare system, the effects of soaring rates and collapsing coverage options seem to be taking a toll on the number of people actually buying health insurance these days.

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GOP Folds: Senate To Delay Healthcare Vote Until After July 4

GOP Folds: Senate To Delay Healthcare Vote Until After July 4:

CNN reports that, as many speculated, that Mitch McConnell will delay the vote on healthcare until after the July 4 recess, confirming last night’s news that Republicans simply don’t have the needed number of votes in the Senate.

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Warren Buffett Says America Is “So Rich” It Can Afford Single Payer

Warren Buffett Says America Is “So Rich” It Can Afford Single Payer:

In the latest example of a multi-billionaire “knowing” what is best for the average American, Berkshire founder Warren Buffett told PBS that UK-style single-payer healthcare would be the best system for the US.

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Hysterical Democrats who say health care reform will “kill people” don’t seem to realize how many Americans are already killed every year by the medical system

Hysterical Democrats who say health care reform will “kill people” don’t seem to realize how many Americans are already killed every year by the medical system:

Right now, prescription drugs kill well over 100,000 Americans per year, even when properly prescribed. The more honest number is likely over 200,000 per year once you consider the opioid epidemic, which is now killing people people than all gun-related deaths and shootings combined.

H/t reader kevin a.

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