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Thread: States scrambling to avert Obamacare sticker shock

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    States scrambling to avert Obamacare sticker shock

    States scrambling to avert Obamacare sticker shock after Dems balk at stabilization effort

    The republicans have only themselves to blame, they couldve and shouldve repealed Obamacare


    Congress failed to tamp down Obamacare premiums in last week’s spending bill, shifting the burden onto states, where governors and legislatures are facing growing pressure — but few good options — to bring down rates before companies finalize their 2019 prices.
    Politicians at all levels of government are fearing another round of sticker shock for consumers this fall as insurers jack up prices, blaming both the original 2010 health law and the moves Congress and the Trump administration have made to undercut it in the years since.
    Capitol Hill had a chance to lower rates with a stabilization bill Republicans had hoped to attach to last week’s spending package. But Democrats balked, and Congress likely missed its last chance to act before the new rates are set.
    With federal policymakers sputtering, states are plotting their own steps, seeking federal permission for “reinsurance” program that subsidize pricey customers or waiting for final instructions from the Trump administration on short-term plans that don’t fully comply with Obamacare’s strict coverage requirements.
    A few blue states are considering a restoration of the “individual mandate” to buy insurance or pay a tax, after congressional Republicans axed penalties tied to the federal version under Obamacare, starting in 2019.

    https://www.washingtontimes.com/news...-democrats-ba/
    LETS GO BRANDON
    F Joe Biden

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    MMC (03-28-2018)

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    Insurers pick up the pieces after Obamacare bills fail.....


    Insurers have a few months to decide whether to participate in Obamacare’s exchanges after an effort to stabilize them fell apart Thursday.


    The deadline to submit health plans and preliminary costs for the law’s exchanges is June 20, and insurers will have to make the decision on participation knowing that a bill to give them funding to help lower premiums won’t be coming anytime soon.


    Experts predict that premiums on the exchanges will be higher next year, when the government stops fining people for not having insurance. Open enrollment starts Nov. 1.



    The Blue Cross Blue Shield Association, which includes Blue Cross insurers across the country, said Congress must try again.


    “Unless Congress acts now, premiums will again increase significantly and consumers could have even fewer health plan choices. Already, half the counties in the U.S. have only one insurer,” said Justine Handelman, senior vice president for the association’s office of policy and representation. “Congress must find a path forward to provide consumers with the peace of mind they deserve. Millions of Americans are depending on lawmakers to act.”.....snip~


    https://www.washingtonexaminer.com/p...are-bills-fail


    Time to do the Right thing and scrap BO's special package. Not only can Congress help the people out but we can then resign BO the Peep to the annuals of being a total failure and destroy his entire legacy. Quite the fitting reward for that mope.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

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    They need to bring back catastrophic coverage.
    ΜOΛΩΝ ΛΑΒΕ


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    Quote Originally Posted by Common View Post
    States scrambling to avert Obamacare sticker shock after Dems balk at stabilization effort

    The republicans have only themselves to blame, they couldve and shouldve repealed Obamacare


    Congress failed to tamp down Obamacare premiums in last week’s spending bill, shifting the burden onto states, where governors and legislatures are facing growing pressure — but few good options — to bring down rates before companies finalize their 2019 prices.
    Politicians at all levels of government are fearing another round of sticker shock for consumers this fall as insurers jack up prices, blaming both the original 2010 health law and the moves Congress and the Trump administration have made to undercut it in the years since.
    Capitol Hill had a chance to lower rates with a stabilization bill Republicans had hoped to attach to last week’s spending package. But Democrats balked, and Congress likely missed its last chance to act before the new rates are set.
    With federal policymakers sputtering, states are plotting their own steps, seeking federal permission for “reinsurance” program that subsidize pricey customers or waiting for final instructions from the Trump administration on short-term plans that don’t fully comply with Obamacare’s strict coverage requirements.
    A few blue states are considering a restoration of the “individual mandate” to buy insurance or pay a tax, after congressional Republicans axed penalties tied to the federal version under Obamacare, starting in 2019.

    https://www.washingtontimes.com/news...-democrats-ba/
    No, they don't; the democrats lied about it, and got away with it. This catastrophe may well, FINALLY, get through to the American people what a disaster the SCS truly is...
    De Oppresso Liber



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    I wonder why the Lame Stream hasn't been reporting on all those still bailing on BO's special package?
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

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