04 June 2015 (00:41 UTC-07 Tango 01)/14 Kordad 1394/16 Sha’ban 1436/18 Ren-Wu (4th month) 4713
“…it does look like premiums are heading upwards. And it’s for a combination of factors….health care costs, which have been growing very slowly recently, are increasing faster, particularly for prescription drugs. And insurers are for the first time under Obamacare setting premiums based on actual experience with enrollees. Up until now, they were guessing at how much health care people were using. …..in many cases people are ….sicker than insurers expected.”-Larry Levitt, interviewed on PBS News Hour
The soon to be concluded U.S. Supreme Court case, King v. Burwell, could result in 6.4-million U.S. citizens losing their taxpayer subsidized Obama Care (Affordable Care Act, ACA) health insurance. The lawsuit states that the ACA does not provide for subsidies for those who can’t afford the outrageous insurance industry rates.
Currently $1.7-billion U.S. tax dollars are spent helping people get healthcare insurance, after Obama Care made it a crime not to have insurance. Even more could be spent once the insurance industry jacks up their rates (something that was promised wouldn’t happen by supporters of Obama Care).
New studies by the Kaiser Family Foundation, and the Commonwealth Fund, say insurance/healthcare costs will increase by as much as 80% in 2016!
Bottom line is that Obama Care clearly is not going to increase access to healthcare, but is actually restricting access, and is not reducing healthcare costs to individuals, but is actually increasing it.
Christian ObamaCare hospital killing off black babies, allowing teenagers to play doctor!
ObamaCare job destruction “more change than we’ve seen in the past 75 years combined.”