Four days ago I wrote about Obama’s Obamacare whine fest. Well, it didn’t take long for the proverbial poo to hit the fan. Which led to the White House confirming, reluctantly I’d bet, that yes its true. Our premiums are slated to skyrocket into the hemisphere.
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.
Just how ‘sharply’ will those premiums jump? The Silver plan will see an average increase of 22%. Gold or Premium or whatever the insurers are calling the top line plans will jump up by as much as 62%! But wait! I thought this was supposed to be affordable!!
— #ReleaseTheMemo (@kachninja) October 25, 2016
Yeah, Nancy, so much for that “affordable” crap. In fact affordability is a four letter word in states such as Wyoming, Arizona, Tennessee, Kansas…places where most of the insurers have left the building.
If you live in Arizona… your premium on the second-lowest cost silver plan will skyrocket 116% from $196 to $422 in 2017. #ObamacareFail
— Liz Wheeler (@Liz_Wheeler) October 25, 2016