The Un-Affordable "Affordable Care Act"

The whole mess of Obamacare is built on lies and they are still lying! m/r

Obamacare premiums to go up by double digits 

 October 24, 2016

Barack Obama defended his healthcare program at at Miami Dade College's Wolfson Campus on Thursday. "It's worked," he said, pointing out it still has room to improve each year, much like when companies work bugs out of new smartphone designs. After his speech, he headed to campaign for Democratic presidential nominee Hillary Clinton at Florida Memorial University. The White House

By Amy Goldstein
The Washington Post
Insurers are raising the 2017 premiums for a popular and significant group of health plans sold through HealthCare.gov by an average of 25 percent, more than triple the increase for this year, according to new government figures.

The spike in average rates for the 38 states that rely on the federal marketplace created under the Affordable Care Act was announced by federal health officials on Monday. The figures serve broadly to confirm what has become evident piecemeal in recent months: Prompted by a burden of unexpectedly sick ACA customers, some insurers are dropping out while many remaining companies are struggling to cover their costs.
In disclosing the 2017 rates, officials played down the impact of higher prices on consumers. They said that more than eight in 10 consumers will qualify for ACA subsidies that will cushion them from sticker shock. And they noted that as premiums go up, more Americans will be eligible for the tax credits.

Read more here: http://www.mcclatchydc.com/news/politics-government/article110203782.html#storylink=cpy

ObamaCare hikes leave Dems exposed

By Peter Sullivan - 10/25/16

Democrats are increasingly acknowledging that the Affordable Care Act has an affordability problem. Former President Bill Clinton said recently that people who are ineligible to get subsidies to buy ObamaCare insurance are “getting killed."

Minnesota Gov. Mark Dayton said this month that “the reality is the Affordable Care Act is no longer affordable to increasing numbers of people. ”Even President Obama said in a speech last week that “there are going to be people who are hurt by premium increases.”

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