ObamaCare Implosion: Deductibles Rising Faster Than Premiums & Wages – Majority of Co-Ops Fail

ObamaCare Deductibles(Kaiser) Since 2010 Deductibles for All Workers Have Risen Almost 3X
as Fast as Premiums and About 7X as Fast as Wages & Inflation

Since 2010 both the share of workers deductibles and the size of those deductibles have increased sharply. These two trends result in a 67% increase in deductibles since 2010 much faster than the rise in single premiums (24%) and about seven times the rise in workers wages (10%) and general inflation (9%)

“With deductibles rising so much faster than premiums and wages, its no surprise that consumers have not felt the slowdown in health spending,” Kaiser Family Foundation President/CEO Drew Altman said.

In related ObamaCare news, The Wall Street Journal reported Monday, that a majority of ObamaCare insurance co-ops (12 of 23) have now failed and their $1.24 Billion of taxpayer loans have all but vaporized. As more fail, nearly a million Americans may lose insurance coverage as the contagion from their failures spreads.

More here from Washington Free Beacon

Covered California 2016 Rate Hike 4% If You’re Lucky, Some Will Realize a 30% Increase

Covered California...Covered California Still Having Computer Issues
Says Mrs. Mochulsky and EscapadeMusic@Twitter

(IBD) ObamaCare/Covered California trumpeted the news on Monday that premiums are set to rise 4% in 2016 slightly less than last years 4.2% increase.

While avoiding the double-digit premium hikes that have been proposed in many other states, many consumers may not be so celebratory when they find out what is happening to their deductibles which are already sky high.

Particularly hardest hit are people seeking the lowest cost ‘bronze-level’ coverage. In 2016 these plans will carry a deductible of $6,000 (an increase of $1,000 from 2015) and a separate drug deductible of $500 — After the deductible is met bronze coverage will cap R/X costs at $500 mo the combined $6,500 deductible will then be 30% higher than in 2015

Covered California Executive Director Peter Lee said in a conference call that in 2016 a visit with a Specialist (with a $90 co-pay) will be allowed as part of three partly covered physician visits, left unsaid is that low income individuals facing a $6,500 deductible could easily be swamped with debt after getting limited benefits before the deductible is met. — This is perhaps ObamaCare/Covered California Achilles’ heel given that enrollment has badly lagged expectations.

Related: Covered California Rates Jump 7% in Northern California

John ‘Spanky’ Roberts Gift to Libs by George Bush, Do You Want Another Bush in The White House?

John Spanky RobertsChief Justice John ‘Spanky’ Roberts a Gift to Liberals
Who Keeps on Giving –Image: PolitiCat


Covered California Premiums Rise to Historic Levels

Covered California...Almost Everyone on Yelp Has Given ‘Covered California’ Lowest Rating
Image: Barney Franken

(CHCF) The average monthly health insurance premium in California was $1467 for a family and $560 for single coverage–these figure include the employer contribution.

Covered California premiums which include employer contributions were 11% higher than the national average and 5% higher for a family –historically California Health Ins premiums have been lower than the national average.

Flashback: Remember when Obama Claimed that Health Insurance Premiums for a Family Would be $2,500 Lower by the End of his First Term — How’s that Govt mandated health care working out for you?

Related: Red Ink Could Kill Covered California –OC Register

One-Third Drop Covered California –Newsmax

Covered California is in Trouble with Massive Deficit & Low Enrollment

Happy 5th Birthday ObamaCare: More Than Half of Americans Don’t Like You

Real Clear Politics ObamaCareAccording to the Latest Real Clear Politics Average of Obama’s Signature Legislative Achievement 52.5% Americans Oppose ObamaCare

(The Daily Signal) Unfortunately for IHOP Franchiser Scott Womack who owned 12 restaurants in Ohio and Indiana with plans to expand his franchise to add 14 new locations in Ohio before ObamaCare was signed into law. Womack estimated that the Affordable Unaffordable Care Act would cost him $7,000 per full-time employee to provide health care coverage leaving him with few options:

Cut costs, eliminate staff, reduce hours or convert workers to part-time status.

Facing the prospect of ObamaCare’s  employer mandate taking effect on 01 January, 2015 Womack was forced to sell his IHOP franchise.

What are other Americans saying about ObamaCare:

  • Kristina Ribali@Twitter: “5 years after ObamaCare and my deductible went from $1,200 a year to $6,000 a year per person. Family from $6,000 to $12,000”
  • Gavin Preston, MD @Twitter: “All of my Doctor friends, except for one, have told me if they had to accept ‘Covered California’ (The ACA exchange) payments, out of business.”
  • Covered California@Facebook:  Elena Furlan Ross writes: “Covered California is a SCAM!! I paid $416 monthly premium, I went to the doctor, paid my copay and the doctor sent me a bill for $1225 because COVERED CALIFORNIA denied the claim! Do not buy Covered California, Do not waste your money, you will receive no health coverage.”
  • Nabeel Amin@Twitter: “Left with no coverage in an urgent situation courtesy @CoveredCA and @BlueShieldCA with no recourse or responsibility.”
  • Nabeel Amin@Twitter: “…@CoveredCA 5 hours of non-stop calls and all they can say is we don’t know why your account was terminated.”

Related: Ask Emily: ObamaCare Adds More Pain to Taxes –OC Register

Covered California Sends 120K Corrected Tax Forms Thousands Still Wait

Insurance Choices Dwindle in Rural California as Blue Shield Pulls Back

CBO: ObamaCare Will Result in 10 Million Losing Employer Based Health Ins Plans

CBO Warning....

(IBD) Congressional Budge Office (CBO) says in a new report ObamaCare will  cause 10 Million to lose their employer based health plans within the next 6 yrs–the latest findings also thoroughly debunks the myth that ObamaCare proponents made when trying to sell the law–about how those with employer based coverage, have nothing to worry about.

CBO IBDObamaCare Architect ‘Stupid Americans’ Jonathan Gruber  for example claimed that the ACA was specifically designed “to leave those who are happy with their employer sponsored insurance alone.”

Likewise, the Obama Administration insisted that “respected independent analysts have concluded that the number of Americans who get their health insurance at work will not change in any significant way.”

Of course, who can forget Obama’s ‘Big Whopper’ that he repeated over-and-over that Americans who liked their health insurance plans (like their doctors) can keep them.

ObamaCare Architect ‘Stupid Americans’ Jonathan Gruber: Abortions Led to Crime Drop & Economic Benefit

Obama GruberBirds of a Feather: Obama: I have stolen ideas from…Jonathan Gruber; ObamaCare Architect ‘Stupid Americans’ Jonathan Gruber

(NRO/Mona Charen) Jonathan Gruber, sage of MIT and proud champion of ObamaCare, may well have had the worst year in public life, he repeated demonstrations of arrogance, contempt for the American people and smug self-satisfaction brought mortification to Democrats–his glib references to redistributionist aspects of the ACA gave the lie to to Democratic Party’s dubious claim that the mandate was not a tax, along with the excruciating (to Democrats) acknowledgement, that presidential oaths to the contrary, notwithstanding, Democrats regard ‘nontransparency’ as their friend.

So hail the verbal incontinent Mr. Gruber for revealing the truth underlying ObamaCare:  It wouldn’t have passed if presented honestly. Gruber, Obama, Pelosi, Reid and Co. didn’t ever succeed in hoodwinking the majority of Americans–ObamaCare was unpopular when proposed, despised when passed and remains disliked to this day. Gruber’s contribution was to put a frame around its essential deception.

In case we needed another reason to be frustrated with Jonathan Gruber, writes Cortney O’Brien in LifeNews.com America’s most infamous ObamaCare architect who insulted our intelligence also once argued that abortion has helped improve our nation’s economy and social environment.

In a paper entitled, Abortion Legalization and Child Living Circumstances: Who is the “Marginal Child?” Gruber co-authored in May, 1997 for the Natl Bureau of Economic Research, Gruber and his two colleagues suggested that abortion has helped save the nation money and social woes together arguing:

We find evidence of possible sizable positive selection: the average living circumstances of cohorts of children born immediately after abortion became legalized, improved substantially relative to preceding cohorts and relative to places where the legal status of abortion was not changing.

Our results suggest that marginal children who were not born as a result of abortion legalization would have been systematically been born into worse circumstances had the pregnancies not been terminated. They would have been 70% more likely to live in a single parent household, 40% more likely to live in poverty, 35% more likely to die during the first year of life and 50% more likely to be in a household collecting welfare.

The last of these findings implies that the selection effects operating through the legalization of abortion saved the government over $14 Billion in welfare payments through the year 1994

“Considering that 30% of Abortions are obtained by African-American Women–though they comprise just 13% of the population,” writes Mona Charen in National Review Online “Gruber was in effect arguing that reducing the number of poor black children was, not to put to fine a point on it, a ‘positive good.’ One cannot begin to imagine the outcry if a Conservative  academic had published similar conclusions.”

“Leaving aside the moral obtuseness of arguing that abortion is justified because it reduces crime or welfare expenditures (which party is supposed to be sting with welfare, again?) and consider the many, many possible explanations for the drop in crime that began in the 1990s (such as an aging population–I digress) but lets imagine Gruber was right–that legalizing abortion eliminated a big cohort of the criminal element and led to a drop in crime. Did everyone of those aborted criminals merit the death penalty? The car thieves? The embezzlers? Did each one deserve a preemptive death penalty?”

“It is upsetting to say the least writes Cortney O’Brien, that someone who thought so highly of Roe -v- Wade was helping to craft our national health care law. Perhaps it explains who ObamaCare is filled with abortion subsidies–plans that indirectly fund the procedure,” and government lawyers going into federal courts to force Christian benevolent organizations such as the ‘Little Sisters of the Poor’ to comply with the ObamaCare mandate.

Obama Administration Scrubs HealthReform.gov of ‘Americans Can Keep Their Health Insurance’

Obama Promises Keep Health Ins(Daily Caller) The Obama Administration’s HealthReform.gov website promoting ObamaCare (above) has been scrubbed of the promises made:

During the health reform debate, President Obama made clear to Americans that, ‘if you like your health care plan, you can keep it.’ He emphasized there is nothing in the new law that would force them to change their plan or doctors. Today the Dept of Health and Human Services, Labor and Treasury issued a new regulation for health coverage in place on March 23, 2010 that makes good on that promise by:

  • Protecting the ability of individuals and businesses to keep their current plan;

On the last day of the ObamaCare enrollment period, uncovered records reveal the deleted website assured Americans they could keep their existing health plans. Thankfully the Internet’s “Way Back Machine” give us a shot of Healthreform.gov final big screaming homepage ‘Keeping the Health Plan You Have: The Affordable Care Act and “Grandfathered” Health Plans.’

Flashback: On the 12 November I posted here a screenshot of ‘Team Obama 2008’ promises that Americans would not have to change their healthcare plans and that ObamaCare will ‘save a typical family up to $2,500 on premiums…’ Yade, Yade, Yade–all of which we also now know turned out to be lies upon lies.

After Dems Took Beating in Midterms, Now NY Sen Chuckie Schumer Says ObamaCare Was a Mistake

ObamaCare GetGrubberingOn the Anniversary of ObamaCare ‘Pajama Boy’ –Image: TriggaNometry

(NY Daily News) Disingenuous: After Democrats took beating in midterm elections, now NY Liberal Sen Chuckie Schumer says, ObamaCare was a big mistake.

Will Schumer be soliciting enough Democrat votes in the new Republican led Senate in 2015 to override a presidential veto to repeal ObamaCare?

Obama Lies to Us Again About ‘Executive Amnesty’ California Illegals Eligible for ObamaCare/Medi-Cal

Obama Executive Amnesty

(KQED) Unlike George Washington that ‘could never tell a lie’ can Obama actually ever tell the truth?

On Thursday night, President Obama said “If you’ve been in America for more than five years…if you register, pass a criminal background check and are willing to pay your fair share of taxes, you’ll be able to stay in this country temporarily without fear of deportation–This deal does not apply to anyone that has come to this country recently…It does not grant citizenship or the the right to stay here permanently or offer the same benefits that citizens receive only Congress can do that.”

Its another big, huge Obama lie–California’s undocumented/illegal aliens who are eligible for Obama’s deferred deportation executive amnesty are expected to be eligible for Medi-Cal (the federal/state health insurance program for the poor) as long as they meet income guidelines says Gabrielle Lessard, a health policy attorney with the Los Angeles  office of the Natl Immigration Law Center.

“They’ll be in the same situation as the Deferred Action for Childhood Arrivals”(DACA) Obama’s 2012 policy for undocumented immigrants who had come to the United States as children.

While most states do not extend Medicaid (Medi-Cal) benefits to DACA immigrants, California does.

What pay tell is Obama’s Executive Amnesty going to cost the taxpayers?

H/T: Breitbart News