President Obama and the Democrats’ efforts to upend the health insurance industry has put states and insurers in a predicament. As Obamacare continues to fail across the board, states and insurance companies are being forced to take drastic measures to stave the law’s inevitable collapse. As insurance companies take major hits on their balance sheets, […]
Colorado Disaster Spells Out Even More ObamaCare Problems
92,000. That’s how many of Michael Bennet’s constituents will be forced to find new insurance in 2017 thanks to ObamaCare. Earlier this week, the Colorado Division of Insurance confirmed that individuals with health care plans through Anthem, UnitedHealthCare, Humana and Rocky Mountain Health Plans would have to find new coverage in 2017 because ObamaCare drove […]
Clinton Backs Administration’s Faulty Medicare Rule On Advice From Failed Consultants
With most of the attention on today’s primaries, longtime Clinton lackey Chris Jennings tried to slip in some news that is bound to make big insurance companies happy at the expense of patients and doctors. Jennings told Morning Consult that Clinton will support the Administration’s Medicare Drug pricing proposal that has received widespread criticism from […]
Upon Losing $1 Billion, UnitedHealth Leaves Unsustainable Obamacare Exchange In Indiana
After suffering from nearly $1 Billion in losses over the past two years, the nation’s largest heath insurer, UnitedHealth Group, announced that they would not continue to sell their individual Obamacare plans in the Indiana Obamacare exchange beginning in 2017. Obamacare’s inhospitable business regulations have forced UnitedHealth to exit 27 state exchanges altogether. The Indianapolis […]
Obamacare Exchanges Near Implosion With Higher Premiums And Less Options For Healthcare
Last week we saw the devastating impact that Obamacare exchanges have had across the country. Over the past year, Obamacare has forced insurance companies to significantly increase costs for consumers or flee the healthcare exchanges set up by Obamacare altogether. With over half of the Obamacare exchanges having already failed consumers should brace for the […]
Roundup: Insurance Premiums Increase Across The Country Amidst Obamacare Failures
Across the United States, consumers should expect to see significant insurance premium increases due to debilitating provisions in President Obama’s namesake legislation. The Wall Street Journal reported that many customers, in a variety of states, should expect to see their premiums increase by over 20%. Obamacare, formally know as the Affordable Care Act, has been […]
Obamacare: An Unmitigated Disaster Causing Even Higher Rate Increases In 2017
President Obama had once claimed that insurance premiums “will go down,” but that is the furthest thing from the truth as insurance rates continue to increase years after Obamacare has been enacted. While Democrats plead with the American public to let Obamacare play out and have blind trust in President Obama’s signature healthcare overhaul law, […]
Customers Left With Higher Costs and Less Access To Healthcare As Insurers Abandon Unsustainable Obamacare Exchanges
With steep losses expected from healthcare insurers due to the detrimental consequences under Obamacare, insurance companies have had to face the hard decision of raising premiums for their customers or pulling out of marketplace exchanges altogether. With fewer insurers in the marketplace, customers will likely see higher costs from less competition and having limited options […]
ObamaCare Dealt Another Blow
In another gut-punch to ObamaCare, a federal judge ruled today in favor of House Republicans over the White House, saying that the Obama administration cannot spend money on “cost sharing reduction” to health insurance companies if it is not appropriated by Congress. The administration had been unilaterally paying this taxpayer money to insurers despite not […]
Democrats Double Down On Failed Government-Run Healthcare
Instead of listening to the needs and wants of the American people, Democrats have decided to double down on government-run healthcare. The Associated Press detailed how not only are Democrats clinging to the failures of Obamacare, but also how some Democrats are pushing for more radical solutions that would lead to less choice of care […]